ADO 0.00% 2.1¢ anteotech ltd

Money's running out fast. True. But if I not you point this out...

  1. 14,265 Posts.
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    Money's running out fast.

    True. But if I not you point this out I'm the worst person in the world.

    the only way the company and technology will progress is though partnerships and near term revenue.
    True. now that they've exhausted every other possibility....

    Like CRs.

    How many CRs have there been? After every incompetent decision they decide to issue more.
    Well over a billion shares on issue. And still the SP is flatlining. Hardly a pulse there.


    So. it's not wild speculation to observe that a lot of very poor strategic planning and financial arrangements have been involved, to get to this stage....surely?

    They can't be a bunch of victims. GC and RM were in charge when they brought us to the stage of desperately needing funding. Because the ship was listing...and I'm not talking about Sienna Listing on the ASX.

    The only way forward is for a consolidation of shares, which will hit people like you and me.

    We're the shmucks who have held this. While others traded.

    GC sold shares at 28c or thereabouts.

    MS? He said he wanted to improve shareholder communication but admitted he has no qualifications or even experience to do that.


    To think I voted for him and GC responding to the (then) Chairman's call for Board stability!

    Since then, more instability. Now stasis.

    But you can bet that a consolidation is coming to crystallise your losses.
    Last edited by dolcevita: 25/09/18
 
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