ADO 11.5% 2.9¢ anteotech ltd

Thinking Out Loud, page-38

  1. 78 Posts.
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    Risko,
    I don't think that Belgium, France, Holland or Germany are anywhere near in a state where unemployment of white collar workers is high enough they are willing to perform shift work.
    If we had a factory in Greece with 24% unemployment there is a chance of a few good scientists looking for work but even then I would expect the good ones to be employed.
    Belgium is at 8.7% of unemployment (off the top of 11%) and Holland is at 6.9% (down from 7.9%).

    Similar to additional mergers & acquisitions, I would prefer to get the deal finalized and have Diasource be part of Anteo before we consider how we can scale up production via improvements through M&G or by looking at shift work or purchasing another entity.

    I myself am surprised about the low take up as I was expecting more than 60% of takeup by existing shareholders. If I had a guess before this announcement I would have thought 70%.
    On one hand I am grateful as I assume I got what I asked for but I am surprised that the take up wasn't greater.


    Cheers

    Roller
 
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