Near future8 Oct 2020 09:28
Fully agree. I have been vocal on the potential since early in the year when the new board got in, I had ADL on my newsfeed (as I invested and lost a bit in there in the past) and immediately realized the massive stroke of luck with these guys with their plans who wanted a ready to go listed vehicle, although did not believe in the previous assets. I was lucky to speak with the board in February and they are super smart and confirmed they wanted a company ready to go into which they could buy a significant amount of shares and drop their assets under scrutiny. ADV has a huge potential with a clear strategy, let’s wait to see if they deliver the first deal, as I hope, and the subsequent ones will be slightly easier and if this happens the re rate over the couple of years to come can be spectacular. I have been betting on these early and are here medium/long term and will now post less and sit back waiting patiently.