Good progress was already being made before the management team took over a couple of years ago.
Together with the well qualified board if the product was not up to it, the alarm would have gone up at that time and they would have run as fast as they could from ADO.
the tech is good in my opinion (DYOR) but it is new and untested commercially.
This destruction of share value is altogether another thing. It's like generals sending boys over the top from the safety of headquarters. Never risking their own lives. Just throw more men (money) at it until victory. By then, the men and country are dead or broke.
Only the bankers or in this case, instos win.
Ann: AnteoTech $3.5m Placement, launch of $5m Entitlement Offer, page-44
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $40.57M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $27.34K | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1400964 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 4287820 | 12 |
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| Last trade - 13.16pm 26/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |