ADO 4.76% 2.0¢ anteotech ltd

AnteoTech renews AnteoBind contract with Ellume, page-24

  1. 3,308 Posts.
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    and reflect the commercial positions of both companies having undergone significant transformation over the past five years

    This is where the hint lies from how i read it... both companies are now in a very different position than 5 years ago.. both were upstart nobody's...

    Ellume now needs Aneto more than it did before ... i believe the new contract would not screw Ellume but i believe it has been negotiated to be more favourable to Anteo.

    All that said.. how long is it for ? Surely that is not in confidence ? Perhaps we should at least try and seek clarity on the length of the contract.. if its 1 year that sucks but if its 5 or more well thats a plus..

    ASX must have really shat on ADO for all the distributor ann's and then tightened the reigns somewhat around the definition of marketing ! This should have been released to the market in some form even as non price sensitive ...
 
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