Very interesting.
If your right and this is the way it goes, I hope they negotiate very well and take a massive upfront fee for exclusive use of AnteoCoat.
And I mean massive.
Otherwise, be patient. Good things come to those who wait.
Even if its an improved offer.
However to be honest, or realistic, as Rameez points out, the capper has NOT had to work very hard to keep the price down. If they or another went hostile they could make an offer at 10c and probably get everything, including the POC space, for only 120M.
Not a good result long term for the company. Not a good result for some of us who are looking for a bit more than 10c in the long term.
We need both MTAs bidding for AnteoCoat. Could these results from latest internal testing be shown to other parties to get more interested parties involved. A right royal auction, winner takes all. There is a cash runway to consider. So need to move quickly. The wheels may already be already in motion as you suggest Surjes. But could be an upfront fee and share of future profits.
Anyway, we shall see in the fullness of time.
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Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $54.77M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.6¢ | $12.09K | 448.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 648153 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 35520 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 16.10pm 07/11/2024 (20 minute delay) ? |
ADO (ASX) Chart |