ADO 0.00% 2.4¢ anteotech ltd

answers, page-16

  1. ds
    7,131 Posts.
    at the risk of sounding downbeat - the company has identified a $1b target market and the royalty range is likely to be 4% to 20% with most at the lower end so we are really only talking about $40-50m pa in the next 3-5 years. I agree this could grow much larger over time but might as well only cook up a price target of 50c rather than $3 when the stock is only at 6c . . . . or is it?
 
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