ADO
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0.00% 2.2¢ anteotech ltd

Ann: Anteo Secures Working Capital & Extension to Earn Out, page-15

  1. good1234
    2,610 Posts.
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    06/04/17
    11:51
    Post #: 23901456
    I am stoked the Board hasn't taken the Burgen route, which they could have easily done - it is still at their disposal.

    To me the message is that a solution is three months away and that the company is still worth investing in until that eventuates.

    I know the terms are good, but importantly the loans are unsecured meaning if ADO go broke in the mean time none of the lenders are secure in getting their loan repaid - this is all positive.
    Last edited by good1234: 06/04/17
    ADO Price at posting: 3.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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