ADO 0.00% 2.1¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-156

  1. 2,565 Posts.
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    I see where BB might be coming from with DiaSource as a subsidiary company controlling the DiaSource revenue from a business perspective - they would still be answerable to the ADO board and would have profit targets to meet, although they would be in control of the daily spend through the CEO. They do have to run their business after all.

    The ADO board would be able to control the cash flow I would guess. This may be a point of frustration for the existing DiaSource vendors as they may be hamstrung in their ability to grow the company because of cash constraints due to Anteo.

    It would still be interests of DiaSource to make as much profit as possible to get the vendors paid.

    All very much in my opinion with a lot of assumptions made.
    Last edited by good1234: 19/07/17
 
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