ADO
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1.92% 2.7¢ anteotech ltd

capital raising, page-100

  1. chand
    3,674 Posts.
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    12/12/13
    14:01
    Post #: 12692670
    Hi,

    First understand that our chairman is a money man.

    Second - most well run companies don't raise much more than what is needed to get them to cash flow positive status

    Third - It always take longer than what appears on surface ie. adoption will take longer and it will be ramped up much more slowly.

    If we are lucky, the things may happen quicker than my timeframe but the company is not going to take a chance.
    ADO Price at posting: 15.5¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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