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11.5%

2.9¢ anteotech ltd

Yes. a lot going on atm. Institutional interest comes next.

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96 Posts.

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26/02/19

09:33

Post #: 37566670
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Originally posted by Surges: ↑

Yes, quite silly to not appreciate the positive developments shared with us in the latest ann.

The price action though is another matter and seems to indicate that an entity has a vested interest to keep this price low.
I would personally deduct from the trading patterns and complete lack of advancement of the price over some period now, despite an array of fantastic news, that an offering of shares for a party taking a stake in the company is at hand, IMO.
We obviously need cash, CACLP deals will do their part, but there seems to be something else at play here.
A party taken a share in company would obviously insist on a lower entry price to maximize holding percentages.
The latest battery results should see this stock fly in a normal market, there is just so much potential in this company now in a highly dynamic global battery space.

My take is that we will welcome a cornerstone investor not too long from now.
I have no issue with that as it should guarantee our survival and allow us to finance the additional costs for broader
battery development.
One of our MTA partners comes to the board?
It would certainly not be a surprise to many, I suppose.

all IMO

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Yes. a lot going on atm. Institutional interest comes next.

ADO Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change 0.003(11.5%)		Mkt cap ! $72.20M

Open	High	Low	Value	Volume
3.1¢	3.7¢	2.9¢	$1.433M	44.19M

Buyers (Bids)

No.	Vol.	Price($)
12	870964	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	511263	4

View Market Depth

No.	Vol.	Price($)
11	770964	0.029
6	762196	0.028
3	470000	0.027
9	1461957	0.026
9	1417001	0.025

Price($)	Vol.	No.
0.030	511263	4
0.031	1000000	1
0.032	1329989	3
0.033	1056720	5
0.034	903206	6

Last trade - 16.10pm 18/10/2024 (20 minute delay)

ADO (ASX) Chart