ADO 0.00% 2.1¢ anteotech ltd

Ann: Revised Payment Arrangements with DIAsource Vendors, page-7

  1. 5,197 Posts.
    lightbulb Created with Sketch. 1439
    Yes, trying to hold onto DiaSource which is the preferred option for most, I guess.
    It's encouraging the vendors are happy to offer an extension, which means they have no problems working with Anteo.
    I presume the European adviser is being used to broker a deal for a merger with another company to clear the debt in return for equity in Anteo.
    Either way, feels positive to me - but wouldn't be surprised if we're anchored to these crap prices until the smoke clears either on or before early October.
 
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