ADO 11.5% 2.9¢ anteotech ltd

Ann: AnteoTech Developing Multiplex Test for COVID-19, page-178

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  1. 4,315 Posts.
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    Yes disappointed.

    Not in the announcement. In the market response.

    And for personal reasons was hoping for a new base of support around 5 cents. Thought anything COVID related would get to 10 cents !

    But tons of selling will always suck the life out of any announcement. Seen it so many times before. The more disappointments a company has, the more holders build up that will get out as soon as possible. I thought we had freed the air abit with good announcements over the last year. Got to 3.7 cents last year. The 'gaps' should have been closed as they say.

    But a financier sitting on 100Million shares and salivating at the prospect of a 200% return is a tough match for any good announcement.

    But we now have this new COVID test and it is sharing the same method and imagine collaborators as the SEPSIS test.

    We have a shot gun with both barrels loaded now.

 
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