I don't know who this asksier poster is... but I do give this person some credit for approaching the company MD directly for questioning..
I just extracted a section of the briefing note here:
"Capital may still be an issue for the company and is certainly a risk factor going forward but Anteo hope that current cash reserves combined with the exercise of options will see the company through until positive cash flow is achieved. So hopefully no more dilution for existing shareholders."
Just ask yourself a few simple questions:
(1) Why management is so concerning about operational funding in medium terms if they are so sure about many deals are coming with licencing payments ?
(2) If the Bang's deal will generate royalty payment soon, then why management is still counting on exercise of options as main revenue for operation ?
If you can answer that then you're sure knowing where is the winner.. good luck to all
ADO Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held
