Australia's largest stock trading and investment forum Australia's #1 stock forum

ADO

Click for more information

10.0%

2.2¢ anteotech ltd

Ann: Operational Update - Clean Energy Technology, page-76

First 76 Last

Share
Profile

Follow
Gerrado

7,066 Posts.

1384

22/05/24

21:06

Post #: 73963299
Share

Originally posted by Gerrado: ↑

I see where you are coming from…

but I think if you were carry some short term risk by holding the shares to sell at higher future price to fund the conversion of 1st tranch of options you’d need the share price to be 5.4 to fully cover converting the first round at 3.5 with profits from the sale of the placement shares (assuming tax rate of 40%).
at which point you could sell the first tranch of oppies to cover the conversion of the 2nd leaving you with free carried shares valued the same as your initial investment plus a ~20% cash profit on your initial investment (assuming 40% tax rate).

it’s even better if waiting for the 50% cgt discount.

all I see significant overhang up to 5 cents.

Voting down the options could remove the supply of stock at lower prices, let the market revalue the stock based on progress in the next 3-6 months and raise again if necessary at higher prices.

Expand

worth keeping the in mind that 5 cents is only 25% over the market valuation right before the SPP.

so hardly a stretch of the imagination to see it surpass that with funding secured now.

…especially if supply of stock under 5 is limited!

ADO Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 111 more messages in this thread...

First 76 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.002(10.0%)		Mkt cap ! $54.31M

Open	High	Low	Value	Volume
2.0¢	2.2¢	2.0¢	$43.72K	2.066M

Buyers (Bids)

No.	Vol.	Price($)
8	645999	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	142824	2

View Market Depth

No.	Vol.	Price($)
8	645999	0.020
9	1089103	0.019
13	2569053	0.018
7	1012891	0.017
6	1879500	0.016

Price($)	Vol.	No.
0.022	142824	2
0.023	300000	1
0.024	284809	4
0.025	363246	4
0.026	45454	1

Last trade - 15.57pm 26/08/2024 (20 minute delay)

ADO (ASX) Chart