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9.09% 2.4¢ anteotech ltd

ado agm run down , page-30

  1. TwinTurboCelica
    10,103 Posts.
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    02/12/10
    15:54
    Post #: 7558949
    It amazes me ADO is still sub 10c... it is not that hard to work out is it?

    The AGM presentation shows potential Revenue (which due to it being licensing is near 100% profit) around $500m... even if we assign a 10% chance of this happening i.e. $50m a year, then surely current fair value is around a market cap of $500m??? (or 66c a share).
    ADO Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
2.4¢ 		Change
0.002(9.09%) 		Mkt cap ! $59.24M
Open High Low Value Volume
2.2¢ 2.4¢ 2.2¢ $66.69K 2.849M

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