ADO 0.00% 2.1¢ anteotech ltd

Where will cash come from?, page-5

  1. 1,638 Posts.
    lightbulb Created with Sketch. 148
    damn good question. Tick for great analysis. 

    At 1% interest it would be $23,000 !

    2K is .0008 % interest !   I don't think the cash is in a bank. It couldn't be.  How does the treasury guy manage the cash ?

    Maybe its in a safe !   earning nothing, but very safe.

    Or invested in ADO stock ? that would explain the poor return ! 

 
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