ADO 0.00% 2.1¢ anteotech ltd

It certainly is a traders stock at the moment. Two types of...

  1. 12,302 Posts.
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    It certainly is a traders stock at the moment. Two types of traders, with both types having to be extremely vigilante and disciplined. Type 1 is the pip trader for say a quick 6 to 10% return with the risk being lack of liquidity thus stifling any significant SP appreciation. Type 2 is as your suggestion, the pump, liquidity returns and the SP increases 70 to 80%, with the trick being to pull the trigger at the right time.
    A consolidation of the capital structure of the company is a distinct possibility during 2018 dependent on who ends up in control of the company. I wouldn't like to get caught holding large numbers of shares if and when this happens unless accompanied by an announcement confirming a significant revenue stream.
    Very very risky holding large quantities of ADO whilst all of the boardroom shenanigans plays out. The $6 million will be quickly diminishing so wont be long before more loot is required.
    Just my own personal opinion so the very best of luck in implementing your strategy.
 
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