ADO 18.5% 2.2¢ anteotech ltd

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  1. 2,070 Posts.
    Hard to say Warnie.

    My guess would be somewhere in the vicinity of $2m-$4m per annum once sales ramp up over the next several months. Currently the company needs about $3m pa to keep the doors open so I would say theres a chance this deal makes ADO cashflow positive. One more similar sized deal should just about confirm it.

    Once management get a confident picture of their combined revenue profile I see no reason why an ADO profit forecast cant be released without compromising confidentiality agreements with individual customers. I'd like to see the sp the day that is done!

    All IMHO only

    Good luck to holders.

 
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