ADO 5.00% 1.9¢ anteotech ltd

Ann: Ceasing to be a substantial holder, page-44

  1. 264 Posts.
    lightbulb Created with Sketch. 8
    Still around 30 mill shares to offload.
    So still plenty shares to influence price.

    No hurry to buy in unless an announcement, even then Bergen will be selling into that. They will be happy to bounce around here.
    A small pump to bring in some more buyers like they did with the last spike on 5 & 6 Jan.
    Probably them buying in now to run the price up for effectively nix.

    They have done very well out of ADO mgts panic to find financing for DiaSource.

    Sometimes I think the Canadians pulled out once they were aware of the unusual goings on of the First Cape shares. Perhaps the shorter approached them?? We will never really know all the machinations that went on over that period.

    I am liking this period of share clean out/turnover though.
    I will not buy more until I know of how the financing plays out.
    Hopefully fresh air ahead.

    My hope is for Cook or Atomo to take a stake at a premium or prev Diasource owners to take outstanding payments as shares. Any of these would demonstrate a show of faith in the product and current mgt.
    If financing goes out to a bergen style raise pity help us LT holders!! The quagmire would be very unappealing indeed.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $46.90M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $63.94K 3.327M

Buyers (Bids)

No. Vol. Price($)
8 1806111 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 582019 5
View Market Depth
Last trade - 15.53pm 05/08/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.