ADO 4.55% 2.3¢ anteotech ltd

ADO Price Prediction, page-310

  1. 6,173 Posts.
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    IMO, this will gradually drift down towards 20 cents or below until/unless significant news is announced.

    We are on fixed time limit (late Mar/early Apr) for this too occur, in order to retain our cred with the market.

    As the interim period gradually passes the time frame for the flurry of potential anns is compressed.

    If it is fine to put a positive spin on this (everything is OK - things WILL unfold quickly), it is also fine to put a negative spin on the dearth of ASX announced news and opine that hitches have arisen.

    For ADO to become the success story, in the time frame that many of us expect/hope for, the main equation remains reward vs risk - there will always be risk until/if the home runs are hit.

    At the current SP levels (10c to 33c in three weeks !!) the market will continue to gradually punish risk until it is clearly lessened.

    Once again, IMO, no need of charts, support, resistance, capping or anything else apart from time span.
 
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