Investor Update, page-67

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slippin

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18/03/19

19:12

Post #: 37801983
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Originally posted by Stockcount ↑

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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"Not a good result for some of us who are looking for a bit more than 10c in the long term."

Definitely not. It's nearly 10 years and 10 cents would be a loss for me. Wouldn't even get me my money back.

So anyway I'm hoping that management are aiming a fair bit higher than that.

ADO Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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

Investor Update, page-67

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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Pantera begins drilling of maiden test well at Smackover

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Buyers (Bids)

Sellers (Offers)