ADO 4.76% 2.2¢ anteotech ltd

Unsurprising really Bottsy.Federal budget come and gone and no...

  1. 2,256 Posts.
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    Unsurprising really Bottsy.
    Federal budget come and gone and no funding.
    QLD state budget come and gone and no grant.
    Those employed to help prepare grant applications probably gone as well.
    Looks like the company is down to one quarter of funding with the only revenue incoming this quarter maybe from Anteobind sales and that has been minimal in the past.
    Right now, publicly at least, there's a yawning financial credibility gap between their aspirations and their ability to achieve them.
    They need a joint venture, grant, offtake agreement, capital raise, anything really to bring some sense of credibility to the narrative.
    And no news isn't helping either their or shareholders cause.

    https://hotcopper.com.au/data/attachments/5382/5382451-8895da2e3bb8178117c36daca264784f.jpg

 
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