TSX:AD.DB.A - Post by User
Post by
ckwongon May 12, 2023 5:41am
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Post# 35444777
Watch the 'R'
Watch the 'R'The AD's business is heavily depending on consumer. If the interest rate does not come down and the economy goes down, the revenue will be down too. During the April 2020 COVID perid, it's price dropped from $23 to $6, 75%, in a month. It may not be that dramatic this time, but the share price goes down 30%-40% is possible. This will bring the price to $11-$12.