ADO 0.00% 2.2¢ anteotech ltd

SPP Entitlement, page-18

  1. 7,457 Posts.
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    ADO needs money to start production even before any contracts is signed due to the serious nature of Covid. I gather they will accept all applications and take the money. it will of course be oversubscribed.

    And in the near future, when ADO is profitable, buy back shares and give out dividends.

    it's better to take all the cash available now rather then do another CR down the road.
    remember the main aim for ADO is for sepsis detection.
 
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