ADO 4.76% 2.2¢ anteotech ltd

The Saliva Clinical Trials, page-12

  1. 2,473 Posts.
    lightbulb Created with Sketch. 990
    Tried to tell you guys that saliva wasn't around the corner as so many expected.

    You can see by today's release that India is non-existent, and UK is just about to receive the readers and kits needed to approve the test. The India thing was evident as soon as they started mentioning the UK, as India was meant to be fast-tracked. Seeking an alternate route in a heavily regulated country rings alarm bells in regards to timeframe.

    https://hotcopper.com.au/data/attachments/3138/3138052-4448442293ceb3b528168b5e93e750e3.jpg

    Suspending a trial doesn't mean that it was happening in the first place. It could have been stalled in the application or recruitment phase for all we know, without looking into it.

    https://hotcopper.com.au/data/attachments/3138/3138083-3400d103d9389514eacb53c299de04a1.jpg

    Again, 2 months out. Not putting ADO management/staff down. They've achieved untold amounts given their stretched-out, limited resources, funding, and as Geoff put it, juggling so many balls at the same time. But people need to try to be realistic. Business never goes smoothly, especially in such extreme circumstances.

    There is a massive amount of hype around here and not much realism. Don't get me wrong. I do like a price rise, but I'd rather it be smooth and steady based on what's happening rather than wild up/down action based on fantasy and unrealistic expectations.

    Having huge price moves only helps the big guy buying cheap shares to take advantage of you rather than having to get rid of shares slowly over a prolonged period, thus having to commit long-term and not causing a drastic drop. Take the latest CR as an example of that. 26c vs 42c price. Free money for the big boys just for providing capital whereas your moves mean buying on market. Then they have the audacity of calling it 'trading'.

    Had you guys held the vwap steady, they'd only receive a minor discount. Now it's free money for them at a massive discount. Sometimes you need to listen to naysayers like surges and that guy that cracks jokes but doesn't own stocks leviathin.
 
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