ADO 0.00% 2.1¢ anteotech ltd

ADO Full steam ahead, page-30

  1. 14,265 Posts.
    lightbulb Created with Sketch. 200
    the fictional history you put up on the Canadian financials is nothing but "wild speculation" on your behalf.

    Nope.

    As I explained, financiers don't suddenly pull out of deals at the last minute unless something has gone wrong. In this case they did not pull out, but they suddenly changed the terms of the deal to a higher rate. Which means their risk assessment had changed.

    Surely this was in the due diligence stage...and it's entirely reasonable to surmise that they found something that changed their risk assessment.

    I simply make observations. We are all free to speculate and that's what happens in penny dreadful shares.

    You just don't want to think about it.

    Another thing: GC and RM together were in charge of raising finance, and in charge of the company's financial situation (including spending), and strategy.

    It was their decisions that brought ADO to the brink of desperation. The Canadian deal reflected that.

    Do try to calm down. I'm not going to respond to all of your claims because you are losing a sense of proportion about these issues.

    I have stuck to key ones here. Do try to think about them.
    Last edited by dolcevita: 25/09/18
 
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