ADO 0.00% 2.2¢ anteotech ltd

new 12 month closing high, page-16

  1. 10,103 Posts.
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    Hi Goldenpig,

    I think ADO is a huge takeover target, and it would not suprise me if the recent buying pressure was from a large Pharma taking a stake.

    With 2 signed deals, and 47 prospects, it is extremely likely one of them has said.... hang on, it makes more sense to buy the company. A bit like the old shaving ad... I liked it so much I bought the company.

    The kicker for me is this..... if one company tries to take ADO, I would be very suprised if the other Pharmas let it happen without a fight. I think any tilt would spark a bidding war...
 
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