ADO 0.00% 2.1¢ anteotech ltd

Crunch Time, page-93

  1. 367 Posts.
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    Sympathise with you Gio, with many others of us here in the same boat.

    I had been contemplating what price we may recover to on the back of reasonable news, which in reality is pure supposition of course. However, a guide to the before and after Bergen may offer some help.

    For those analytics out there, please excuse my rounding/averaging of this supposition:

    *July 2015 we had some 800M shares listed (pre-Bergen) trading around .09c each = market cap $72M
    *July 2017 we have some 1,100M shares listed (post -Bergen) trading around .019 each = MC $21M
    *If we sell DIA and (worst case scenario) break even on the deal, our share price in theory should return to two thirds of what it was prior to the buyout i.e. around 50% more shares now than before.
    *Calculation is (.09c divided by 1.1; times .8 equals .065c) or a market cap of $71M
    *In theory, ATO is more advanced with far more potential then two years ago and should re-rate to at least the MC of old.

    On that basis, why would anyone sell for 1.9c with the possible upside of .065c or 240% gain on where we are now.

    I'm not suggesting we have sold DIA but that would be the worst possible scenario IMO
 
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Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $51.83M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $23.16K 1.130M

Buyers (Bids)

No. Vol. Price($)
11 2809828 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 646501 4
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Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
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