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6.67%

2.1¢ anteotech ltd

Raising capital always comes at a cost, both early in the...

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Rameez

12,258 Posts.

678

16/07/20

16:51

Post #: 45915656
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Originally posted by Stockcount: ↑

Yes disappointed.

Not in the announcement. In the market response.

And for personal reasons was hoping for a new base of support around 5 cents. Thought anything COVID related would get to 10 cents !

But tons of selling will always suck the life out of any announcement. Seen it so many times before. The more disappointments a company has, the more holders build up that will get out as soon as possible. I thought we had freed the air abit with good announcements over the last year. Got to 3.7 cents last year. The 'gaps' should have been closed as they say.

But a financier sitting on 100Million shares and salivating at the prospect of a 200% return is a tough match for any good announcement.

But we now have this new COVID test and it is sharing the same method and imagine collaborators as the SEPSIS test.

We have a shot gun with both barrels loaded now.

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Raising capital always comes at a cost, both early in the process or quite later as we witnessed today.
No free lunch if you have to raise when ya on the bones of ya backside.
ADO knows this only too well.y

ADO Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
2 Upvote

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(20min delay)
Last 2.1¢		Change -0.002(6.67%)		Mkt cap ! $50.57M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.1¢	$33.68K	1.547M

Buyers (Bids)

No.	Vol.	Price($)
20	1871432	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	1338233	4

View Market Depth

No.	Vol.	Price($)
1	68180	0.022
21	1905684	0.021
23	6247252	0.020
8	1688738	0.019
5	1210277	0.018

Price($)	Vol.	No.
0.022	396199	3
0.023	1338233	4
0.024	863004	6
0.025	6044436	11
0.026	1064565	4

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last 2.1¢			Change -0.002 ( 4.55 %)
Open	High		Low	Volume
2.2¢	2.2¢		2.1¢	587084
Last updated 15.59pm 07/05/2024 ?

ADO (ASX) Chart

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