ADO 0.00% 2.1¢ anteotech ltd

Ann: Anteo to acquire Global Diagnostics Company - DIAsource, page-39

  1. 12,302 Posts.
    lightbulb Created with Sketch. 694
    IMO its their way of dealing with their failure to achieve the goals set over the last 6 years. They know that they cant just keep going back to the market to raise capital when their not generating income. This way they raise capital and buy a going concern that does generate some income whilst they still grapple to close a decent cash flow generating deal that has been mooted over the last 6 years. Could be a reasonable move and definitely a distinct change in focus and direction but it doesn't seem that the market is over impressed at this stage.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $51.83M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $3.414K 161.6K

Buyers (Bids)

No. Vol. Price($)
4 384663 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 616353 6
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.