
Red Ink: $ADUR is one of the holdings sitting under my entry. I bought it at $11.09 on 15 Apr 2026. It's $9.86 now, about -12%. SPY is up about 10% over the same stretch. In October alone it's down about 22%. What I'm watching: no revenue last quarter, C$65.7M in cash at 31 Aug after a share sale, and the Chemelot plant engineering with Saipem. That plant is the proof I'm waiting for. Would you add here, or wait for that proof?