Whilst i share your view about a very lowball valuation in my opinion. Thats because imo its valuing it at todays price. And 60c today is acceptable for a conservative valuation.
But next week or next month 60c may be stupidly underpriced, depending on results and other proceedings.
Its certaily got little future value built in imo.
But those instos that got in imo will sell like hot cakes, so there goes say 10M left.
There will be some who grab the cash and run.
Your in for an epic battle and i feel your pain.
Good luck, i admire your proacitve approach and hope for you and other like you, that you have a win. But i have my doubts. 61c will see them gone imo.
Guage this thread and start making preparations for a plan b just incase
ADI Price at posting:
41.0¢ Sentiment: Buy Disclosure: Not Held