ADO 0.00% 2.1¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-25

  1. 472 Posts.
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    Sounds like an Alan Bond situation - as in you only have one in your lifetime.

    I suspect original Diasource vendors are seeking to buy back at a distressed sale price, get back a profitable business and make a tidy return on the turnover without ever losing control.

    Meantime, Anteo are stuck with their core business that they have to somehow make work. At least that is how I read: "On the basis of a successful outcome of the financing options, the Board has commenced a review the Anteo technology and is exploring alternatives around structuring the business to best deliver on that technology."
 
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