With everything progressing but nothing coming to fruition in the quarterly, perhaps Warick Grigor was on the money when he said mid year was when we'd know if an EV company was going to buy in.
In the quarterly Anteo also flagged the protracted process undertaken by EV and battery companies before any commercial decisions are made.
If the Trinseo and Wyon sagas are any indication, we might be in for a bit longer wait. The market seems to agree with that sentiment unfortunately.
As others have alluded to and David articulated in the quarterly, the completion and functioning of the pilot plant (I hate that term), would appear to be a major factor in establishing credibility for Anteo. Supply chain issues are front and centre these days and no-one is likely to sign up unless supply is guaranteed.
I don't think this production capability should be underestimated.
Someone took advantage of the "hold the line" quarterly yesterday with 300K short sales. Wonder who's lending their shares out to enable this?
Longer and slower than we'd all like, but for me, the current price represents a good buying opportunity.
- Forums
- ASX - By Stock
- ADO
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-60
-
- There are more pages in this discussion • 87 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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¢ | $4.943K | 227.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 310468 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 428309 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 310468 | 0.021 |
19 | 2487551 | 0.020 |
8 | 2890767 | 0.019 |
8 | 622665 | 0.018 |
4 | 384160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 428309 | 4 |
0.023 | 422310 | 4 |
0.024 | 306228 | 2 |
0.025 | 214144 | 4 |
0.027 | 573112 | 1 |
Last trade - 15.15pm 19/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |