ADO 4.76% 2.2¢ anteotech ltd

ADO Charting and Technical Analysis, page-7493

  1. 9,136 Posts.
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    Australian investors have a very strange mindset compared to the rest of the world. They think nothing of valuing a mining stock in the billions despite not having an operational mine but have no idea how to value technology stocks.

    I like to compare AnteoTech to a REE (rare earth element) miner. We're basically sitting on an unlimited source of a REE (AnteoX) with an unlimited market, yet the market won't allow itself to believe that selling millions of litres of it could value the company in the tens of billions.

    In the latest presentation, it states 3 litres of AnteoX would be required in a Tesla Model Y. It won't be too long before 20m+ Electric vehicles are produced each year. The industry is moving to silicon. Even if we only make it into 1% of EV's produced, we'll all do very well. If we become the gold standard and make it into all EV batteries...
 
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Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $54.77M
Open High Low Value Volume
2.0¢ 2.2¢ 2.0¢ $12.70K 583.2K

Buyers (Bids)

No. Vol. Price($)
2 1191253 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 520012 3
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
ADO (ASX) Chart
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