ADO

5.00%

2.1¢ anteotech ltd

Shooting the breeze on ADO, page-5266

First 5266 Last

Share
Profile

Follow
Fat Harrys Cat

5,077 Posts.

1084

31/07/23

16:25

Post #: 69084696
Share

Originally posted by mimmo: ↑

Pretty much Fatty, relative to what I was holding.

I both trade ADO and have held a slowly diminishing amount for quite some time.
Sold a lot during the failed flag/pennant period but kept some just in case management came good.

Sadly my optimism has been overwhelmed by the crushing reality of a dilutive cap raise and pathetic income for the last quarter. With all the bluster and rhetoric of short term Anteobind income last quarter, I was somewhat dismayed to see the dismal figure in the 4C. Perhaps rather than it being a typo in the top line of the diagram below, maybe 2032 was intentional. I jest of course.

Similarly the anticipation of grant funding hasn't materialised despite the announcement of a "Consultant engaged and developing grant submissions for non-dilutional funding" back in February. Now the company is talking dollar for dollar funding maybe by the end of the year. It's going to be a small grant on that basis if Anteo has to cough up.
"AnteoTech has commenced the process to apply for three separate grants for government funding through a matched funding model, to advance the development of the Clean Energy Technologies. These Australian grants, if successful will enable the accelerated development of the silicon anode project and also expansion into the newer target areas that may include green hydrogen. It is not anticipated that the Company will receive a response prior to late 2023 due to the processes for the applications." With placement shares to flood the market throughout August as well, it might be a long month for shareholders.

So yes, I hold a very small amount just in case but relative to what I did hold, mentally it feels like I'm now a non holder if that makes sense.

Expand

Well, good luck to you mate.
I rue the day I ever bought back in after the Great Crash following the Webinar from Hell.
I’m only holding in the (probably forlorn) hope that a miracle occurs. Once it passes my purchase price I’m out. This company seemingly has a curse on it. If it’s not dogged by incompetence, bad timing or red tape, it’s now a court case by a disgruntled “collaborator”. Throw in an obsessive determination NOT to inform SH, and you have a SP where it is. And it may well go lower.

ADO Price at posting: 2.9¢ Sentiment: Sell Disclosure: Held
13 Upvote

5 Great analysis

Reply

Top Stories

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Bitcoin: Current State of Play & Where to Next | Swyftx

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

There are more pages in this discussion • 409 more messages in this thread...

First 5266 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change 0.001(5.00%)		Mkt cap ! $51.84M

Open	High	Low	Value	Volume
2.0¢	2.1¢	1.9¢	$24.34K	1.215M

Buyers (Bids)

No.	Vol.	Price($)
1	6000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	1080621	4

View Market Depth

No.	Vol.	Price($)
1	6000	0.020
4	1580000	0.019
16	1271612	0.018
5	807891	0.017
5	1728529	0.016

Price($)	Vol.	No.
0.021	1080621	4
0.022	255000	2
0.024	531781	3
0.025	406936	5
0.026	45454	1

Last trade - 16.10pm 16/08/2024 (20 minute delay)

ADO (ASX) Chart

Shooting the breeze on ADO, page-5266

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Bitcoin: Current State of Play & Where to Next | Swyftx

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Shooting the breeze on ADO, page-5266

Top Stories

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Bitcoin: Current State of Play & Where to Next | Swyftx

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News