Having reviewed the Ann ADO Report, while also having savoured the team determination at the recent Sydney presentation I’m left in a very positive mood.
Taking the UnderPromise, Overdeliver mantra, and the status platform chalked at the Sydney presentation, this is a very measured report leaving me to believe it’s onwards n upwards from here.
One standout for me was the absence of an expressed cash-funding concern. The Board is very mindful of the limited cash runway, There maybe a confidence that an alliance will solve that given the current status.
I applaud the determination, status and progress expressed in simple terms within this Report.
30% of the capital held by top20 may not be a strong position to defend a raid on the Company while the team get the ducks in a row. Positive developments reported in the quarterly and then at the AGM may help to solve the concern of Anteo being taken out way too early. GLTA
ADO Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
