ADO 0.00% 2.1¢ anteotech ltd

StockyThe reality is that there is over a billion shares on...

  1. 7,830 Posts.
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    Stocky
    The reality is that there is over a billion shares on issue and only a bare 2 million bucks left in the kitty.
    Unless we receive news that drives the SP up significantly in the next 3 or so months then capital will need to be raised.
    The raising will more than likely be at a decent discount to the SP at that time. If that happens then existing holders will more than likely suffer severe dilution. Also don't discount the possibility of a share consolidation/reconstruction 
    ADO is still speculative and very risky so lets all pray for a telling announcement that at least propels the SP in the short term to 5 or 6 cents or more.
    Best of luck
 
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Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $54.77M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $37.13K 1.752M

Buyers (Bids)

No. Vol. Price($)
2 441468 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 668891 4
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ADO (ASX) Chart
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