ADO 2.50% 2.1¢ anteotech ltd

ADO AGM SP Predictions, page-9

  1. 5,184 Posts.
    lightbulb Created with Sketch. 1681
    Your 39 cents were a little off as well...)

    My 25 to 28 cents were also too boyant, I had expected some news prior to AGM to push it up
    above or around CR levels.


    The quarterly was simply too much a disappointment in terms of revenue, the regulatory
    approval process too lengthy.
    ADO is about to turn and become a revenue based company from Q1/2 next year.
    It is quite predictable now, the dimensions of it still are not clear, but should become
    more outlined as we move into the new year.


    2022 will be a very interesting year for ADO. When looking at another stock of mine, which raised money at 17 cents and lingered ever since mostly below that raising price for a year, it
    points at a common phenomenon that commercialisation takes a year.
    Companies do need that time frame to fully capitalize on the well funded operations from the CR on forward.
    It is obvious that our energy division only ever got full attention after that CR.

    all IMO
 
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