Ann: Rapid Advancements to Anteos Battery Composites, page-39

First 39 Last

Share
Profile

Follow
dolcevita

14,265 Posts.

200

26/02/19

16:32

Post #: 37574842
Share

Originally posted by Surges: ↑

I would agree on the high likelihood for a premium to a future stakeholder uptake, in the vicinity of 15 to 20% to actual share price, amounting to a price of 2.4 cents, derived from current levels.
This would explain the efforts to keep price below 2 cents, in my humble opinion.

From the looks of it, as market starts to properly digest the recent news, this could turn out to be an expensive task as pressure is building again to move price higher. How much does one invest to control the price?
I suspect quite a few honest buyers in each rally tackling 2 cents, that would amount for many millions of shares one need to offset.
Eventually, that task becomes too cost extensive and a small share price lift would have to be allowed, IMO.
Between 10 and 15 mil shares would be the call, IMO.

Some speculators here assumed that the recent brilliant news are mounting solely for the purpose to allow a CR in its aftermath.
I suspect the opposite, management has shareholders in mind when publishing the positive news in order to allow share price appreciation prior to the issuance so that shareholders will benefit accordingly.
I'm quite convinced that the proposed issuance won't be public as there is no basis for this and share price is not at levels suitable for such actions.

As a numbers game, one could suspect an issue of, let's say, 60 mil shares to our cornerstone investor at presumably 2.4 cents, equaling 1.4 mil dollars, which should suffice.
Shareholders most likely will not oppose such a move, price would quickly match uptake levels, providing all shareholders with a lift, surpassing dilution percentages easily.

All this is hypothetical and simply a measure of speculation.

Expand

I'm quite convinced that the proposed issuance won't be public as there is no basis for this and share price is not at levels suitable for such actions.

Agreed. You would need a consolidation to occur otherwise. That can be arranged!

The level of transparency of this company leaves a lot to be desired. Why change now?

ADO Price at posting: 1.8¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 33 more messages in this thread...

First 39 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $54.77M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$78	3.921K

Buyers (Bids)

No.	Vol.	Price($)
9	1790997	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	642018	2

View Market Depth

No.	Vol.	Price($)
1	100045	0.017
12	5392623	0.016
6	1570373	0.015
5	1270000	0.014
2	1045000	0.013

Price($)	Vol.	No.
0.018	165394	4
0.019	555555	1
0.020	469389	4
0.021	105917	1
0.022	1013156	4

Last trade - 10.00am 01/10/2024 (20 minute delay)

ADO (ASX) Chart