ADO 0.00% 2.1¢ anteotech ltd

what will happen on monday?, page-27

  1. ds
    7,131 Posts.
    My goodness.

    I can believe some of the rubbish posted here sometimes!

    The only person who sold a meaningful amount in the last 3 weeks was me and I got run over by hundreds of new investors bought craploads all the way up to 20c and it settled around 15c.

    The company is raising capital to accelerate plans and $5m is coming into the company and suddenly everyone is going to bail out below 10c - give me a break.

    It closed at 15.5c and diluted will be worth 15c but potential increased via cash to invest in acceleration.

    Almost no one who was trying to buy @ 14,14.5 and 15c was able to get any shares in this placement and new investors will join the register. The wont get allocated shares till a few weeks after Monday so the only people who will be able to sell for a profit are those who already owned and took part in the placement. Sure some of the on market buyers might back off but there is no reason why it should trade lower than 13-15c Monday and there is some reason why it could trade higher.

    Buy or don't buy - I don't care but if you have taken any lesson from AHZ, NEU, ISN etc then if you wern't able to buy in this placement you will be very lucky if you can get them on market anywhere close to 12.5c

    This company is worth MORE as of Monday because the PV of it's potential is now GREATER than it was on Tuesday. The rest is noise.
 
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