ADO
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3.85% 2.7¢ anteotech ltd

momentum shift now, page-4

  1. alecfra
    5,219 Posts.
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    22/07/10
    10:52
    Post #: 6930541
    Option converters are playing into accumulators hands

    last announcement we saw
    Ordinary Shares
    ? Conversion of 2,338,000 Listed Options, 1.2
    cents exercise, 30th September 2010 expiry -
    $28,056.00
    - Conversion of 5,000 Listed Options, 6.5
    cents exercise, 1st February 2011 expiry -
    $325.00

    These are likely to keep a top on the stock UNLESS we hear more explicit detail new agreements of adoption and marketing of the companies products.

    The company may well boo the day thay let so many go to underwriters.
    ADO Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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