ADO 0.00% 2.6¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-126

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  1. ds
    7,131 Posts.
    Hi SS,

    Not sure what you are actually asking?

    I am a shareholder - yes.
    Large position - yes (but it is much smaller now @ 1.7c . . . ).

    I wouldn't even know how to contact management - they are in Belgium and I don't think communicating with them will change anything at all. I have said for many months that I see the most likely thing to occur is the sale of Dia and a return to ADO classic with lots of money in the bank. Please differentiate this from what people WANT - I am just saying what I could see is most likely and has been all year so why do I need to talk with management about it.

    I can accept my investment mistakes and I misunderstood how much funding was required and the inability to source it - mostly because I had no idea the funding method that FC was using and when Bergen was announced it was too late but I have only reduced since then. My investment in ADO has damaged my portfolio significantly but other things have more than offset it so it is dissapointing without being catastrophic - I also think that it will get back to 3-5c and maybe even 5-8c so hopefully will recover a bit. I'm sorry this is your only investment - I too have been through that many years ago and know the pain it can cause.

    I bought shares and the company used those funds to invest in Anteo energy - it's just part of what I own. Again - it turns out this may be the first time FC used their diabolical funding method - if I had known this at the time I would NEVER have invested in ADO at all let alone for the batteries. I have been on record many times about my views on these types of funding - RM knew this and was pretty smart in not telling me about it.

    DS out - that is just me saying I am signing off from the post and hoping I don't post again but I don't want you confused if you thought I meant I had sold out. I think the only thing I have done in the last 3-4 months is a very small sell (maybe $30k) when I needed some cash to buy more PYC & MBE.
    Last edited by ds: 18/07/17
 
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