ADO 6.67% 2.1¢ anteotech ltd

Ann: Quarterly Update and Appendix 4C, page-5

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    Shows new managements objectives, from commercial focus to cost saving strategies. However overhead burn rate is still high compared to literally no revenue. This is completely understandable as the company is at begining of new parnerships and revenue generating opportunities, however significant revenue must flow within the next quarter otherwise we are pushing the can towards the dreaded Cap Raising outcome.

 
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