For what it's worth, I sent the following email to ADO last week:
"I am a long term holder (over 10years) of AnteoTech and hold a total of ....... shares in my SMSF and personal account. Given the time that I have held ADO, I have learnt to be very patient, but must admit to becoming very uncomfortable with the time that it is taking to get TGA approval and actually start selling our product. Could you please confirm if the TGA has a problem/issue with our submission, or whether the problem lies with the TGA in their ability to process submissions in a timely manner."
This is the reply that I received from ADO:
"Thank you for your email. The TGA has not advised us of any problems or issues with our submission. Thank you for patience, we are also looking forward to hearing from the TGA"
Our patience should be rewarded with a significant re-rating of the current share price when we eventually do receive TGA approval - of course, if we don't get it, we have all been sucked in by possibly the biggest con job that the ASX has seen in a long time.
I wouldn't have stayed around for 10 years though, if I didn't believe in our technology, so for me it's calm down and wait.
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16 | 1271612 | 0.018 |
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Price($) | Vol. | No. |
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