Originally posted by Surges
Watch the share be under pressure now for a short period, only then for the procedure of yesterday to repeat itself, IMO.
To what end?
Increase share register percentages without increasing the share price much.
All in my humble opinion.
Ask yourself this.
Should Anteo Energy indeed hold the answer to include silicon into battery anodes, do you really expect something this explosive in current global markets to go unnoticed and let the share register be controlled by current shareholders?
This would create a massive shift in ownership.
Hence the interest, IMO.
cheers
Surges
That is a big IF surges.
If ADO do come up with a way to significantly increase the percentage of silicon and retain the cycling rates of the modern battery, then yes absolutely the fight for control could easily and actually involve very aggressive takeover bids, but ADO have to do it first.
Lots of companies with big plans, big mouths making big promises about the 'next' battery, but until one of them actually does, then I can't imagine any big players out there putting together a position in ADO, b e f o r e that happens.
But somebody is playing with the SP.
Either an insider, or a strategic play by panasonic or tesla or vw or bmw (I doubt this) or a pump and dumper. Frankly after the capitulation directly after the 'response to price query' revealed there was NO news whatsoever to report, the trader appeared to quickly close there positions.
Shame, I thought maybe a strategic position was being taken.
