I’m sure Geoff and Matt will ensure the next cash raise will not be at a ridiculous price of 2 cents.
Last raise was at 7.5 cents with Geoff contributing up to 900k of his own hard earned....
They also resorted to loans from the directors and even Matt himself contributed to minimise dilution....
Ado has mcap of only 20 mil
Anteobind technology proven to work and useful as per ellume partnership
Anteocoat technology so far have managed to create a working silicon lithium ion battery - validated by Polaris and customcells....
Anteocoat is on the verge of possibly being the key to unlocking the silicon issue for creating the next best generation of lithium ion batteries!
Pretty impressive for this little biotech company in Queensland....
News: ADO Anteo Diagnostics Appoints Duncan Cornish As CFO, page-12
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