ADO 0.00% 2.1¢ anteotech ltd

Quite agree gloucester. They are still spending like drunken...

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    Quite agree gloucester.
    They are still spending like drunken sailors onboarding new employees. Some have left so maybe the wage bill is still the same.
    But they are sailing close to the wind now, given it's nearly the end of the quarter and we haven't heard of any material increase in income. Yet.
    Maybe some increase in Anteobind sales that was alluded to in one of the recent presos, but probably not enough to fund another quarter given past performance.
    The CEO sounds confident but that's his job. Creative accounting and cost cuts will only get you so far.
    As Snookered76 so eloquently said."Those KPIs need to be met now, credit to them for putting their co*k on the block."
    So where's the money going to come from in the next week so no one has their @@@@ lopped?
    The right side of my brain says no problem, but the left side isn't so sure.
    Next week is likely to be very significant for the seemingly impoverished little company from eight mile plains thats Leading the Charge!
    Have a good weekend all.

    https://hotcopper.com.au/data/attachments/5374/5374681-d9c963a562468f40066e0375572ea988.jpg

 
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