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2.1¢ anteotech ltd

NON DILUTIVE GOV'T FUNDING, page-294

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23/04/24

06:23

Post #: 73466672
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Originally posted by levelhead: ↑

I very much feel that them referring to the need to raise funds as being because...

"The Company believes that speed to market and securing commercial agreements requires additional financial resources to support multiple potential customers through their engagement and validation before the Company can generate substantial commercial revenues in the short and medium-term."

.. is in fact an admission, or realisation, that the companies they have been working with aren't coming to the party as soon as they believed they may have, and potentially those agreements are not as close as was expected , hence the need to work harder across multiples of more parties to get something across the line.

I found it very noteworthy that David commented in his last "interview" that we weren't at the front of the pack or we weren't leading the pack but we are in there (or words to that effect) - i took that as a bit of a step back in his bravado which is a positive in my opinion

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There’s definite news coming soon regarding non dilutive funding in the form of R&D tax rebate, safe to assume it’ll be a seven figure sum.

ADO Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$1.01K	48.09K

Buyers (Bids)

No.	Vol.	Price($)
6	824000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	518838	2

View Market Depth

No.	Vol.	Price($)
6	824000	0.020
8	623503	0.019
2	1006000	0.018
4	1480748	0.017
9	3250552	0.016

Price($)	Vol.	No.
0.021	831947	2
0.022	1104470	10
0.023	1024462	11
0.024	1855520	8
0.025	2369812	9

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