ADO 0.00% 2.1¢ anteotech ltd

News: ADO Anteo Diagnostics Appoints Duncan Cornish As CFO, page-11

  1. 3,513 Posts.
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    Your usual CR is not an option, simple, IMO.
    Shareholders would not take up enough of the offer, that is a guaranteed, check last time they raised cash, very different share price level.
    So holders from that time are massively down.
    The amounts needed to meaningfully finance a broad move into the battery space are not attainable though a
    normal CR, completely impossible.
    We are dealing with global suppliers, raising below 2 cents is quite ridiculous.

    Current management is experienced, motivated and connected, sitting on multiple breakthroughs in various sectors.
    They have other options with their explosive story.
    We were given our first time line for early April to receive collaborator 1 results.
    In my humble opinion, market will react to this fairly soon.
    The current capping is nothing but positioning for those results and / or maintaining a stable price level to determine a premium for a cornerstone investor,
    Either way, I do not see the current stagnant share price frustration to last long.
    Could be over tomorrow.
    One thing is sure, there will be no warning before market heats up prior early April.

    All IMO
 
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