ADO 0.00% 2.1¢ anteotech ltd

ADO Charting and Technical Analysis, page-6126

  1. 2,256 Posts.
    lightbulb Created with Sketch. 416
    Prepare to be disappointed Biggee.

    From the annual report it looks like TGA application is on ice.

    "As market entry has been delayed in Australia, the reel-to-reel strip
    manufacturing equipment and the laminator from Kinematic, which
    passed Factory Acceptance Testing, have been stored at Kinematics’
    US-based facilities. The investment in the infrastructure in Brisbane to
    accommodate the manufacturing equipment has been placed on hold
    to allow AnteoTech time to assess the demand in our geographic region
    and review the TGA submission process."



 
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