ADO 4.17% 2.3¢ anteotech ltd

the next step, page-6

  1. 523 Posts.
    lightbulb Created with Sketch. 182
    Sorry ellaishany,burt you obviously have some problems understanding this company:

    "....This will never reach $1.00 If it was that valuable , it will get taken over for a lot less than that 20 cents max.imo.;)..."

    Well of course ADO is not worth 1 Dollar right now, but it will be after a couple of deals are signed.

    If you use a conservative PE ratio of say 15 for a fast growing company, it would only need about 50 Mio AUD/year.

    Of course we are nowhere near that figure at the moment, but it has been stated here many times (and i know from my conversations with Geoff that this is correct) that one ! big IVD company alone could be worth 10-30 Mio/year.

    SO if just two of these would sign, we could reach the 1 Dollar target.

    I am invested here, because i believe this is achievable, what is your reason for posting on the ADO-thread ?
 
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2.3¢
Change
-0.001(4.17%)
Mkt cap ! $59.24M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $22.37K 953.3K

Buyers (Bids)

No. Vol. Price($)
7 439039 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 14235 1
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