ADO 0.00% 1.9¢ anteotech ltd

Ann: Anteo Entends Relationship with Sigma-Aldrich, page-136

  1. 27 Posts.
    lightbulb Created with Sketch. 9
    Dividing a percentage by another percentage to come up with the number of remaining trading days is very humorous.

    Not mathematically correct, but humorous none the less.

    If ADO drops 4.35% every day, the drop will be from a starting point of %100 for that day, so it will take alot more time to reach 0.00 than 22 days that you predict.

    Using either blindfreddies mathemathematical skills or ADO fundamentals. ADO is a long way off hitting 0.00.

    But just to humor you blindfreddie, if the share price kept falling %4.35 every trading day then we would be looking at a date more in the region of Tuesday, 5th April 2016 or 176 trading days from now.

    I guess if we looked at that from a reverse angle at when for two days in a row the share price increased by about %4.35 each day, then on Tuesday, 5th April 2016 the new share price will be $198.10.

    Now can you see how foolish your previous statement was?
    Last edited by The Wiz: 04/08/15
 
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