ADO 4.55% 2.1¢ anteotech ltd

Now that the Jan to March quarter is well and truly over it is...

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    Now that the Jan to March quarter is well and truly over it is reasonable to revisit the predictions made in January. Below is what I made at the time and none are incorrect yet despite the 'downramper' etc normal HC responses to forecasts. How's the deals in January predictions going for some?

    We can all pretend there isn't a chance of a Capital Raise coming up and hold out for government funding but governments don't work to the same time frame as companies. I can't image a reason for government to fast track funding to be that the ADO wants to avoid a capital raise so they abandon all normal processes and approval due diligences. ADO are going to need more cash this year from somewhere. Dare I say it that at current prices there is a chance of a CR being at $0.026 which when compared to the previous CR at $0.26 cents is a massive decimal place move and did ADO achieve the main projects from the previous CR such as installing the equipment for the plant in Brisbane to produce COVID tests, get Eugine up and running, advance on Sepsis etc etc. It might be different this time, nothing to worry about.

    Not saying there is zero chance of the topics below happening but the odds are getting lower each month for it happening in 2023.

    .063
    1Highest Share Price in 2023
    2Highest Share Price in 2023$0.063
    3Lowest Share Price in 2023$0.028
    4Capital Raise RequiredYES
    5COVID / FLU test to be approved & on Sale in AustraliaNO
    6SEPSIS Test to be completed and on Sale in AustraliaNO
    71000 cycles achieved for silicon anodeNO
    8Major deal signed with battery manufacturerNO
    9Declaration Month that 2024 will instead be the year of ADOSeptember
 
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