ADO 4.55% 2.3¢ anteotech ltd

Ann: AnteoTech $6.4m Capital Raising, page-273

  1. 12,290 Posts.
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    Yep. Over 15 years now we have had the blunt end, new CEO and Chair then the pointy end then the blunt end, new CEO and Chair then the pointy end then the blunt end infinitum. The common theme being no deals closed or revenue positive contracts in accordance with the so called life changing, light years ahead technology they own. At least DT took the reins and under his watch the SP escalated to 49 cents giving shareholders a once in a life time opportunity to make huge returns on their respective ADO holdings. The current CEO, well he has done the reverse taking the SP from 8 or so cents to todays price of 2.3 cents putting a huge dent into the wealth of those who held on and backed him in. Deals can still be done and may well get done but only Nostradamus has any idea what magnitude of revenue/profit may be generated if and when this happens. Speculative at the very best just as it has been for the last 15 years.
 
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