ADO 4.35% 2.2¢ anteotech ltd

the main feeling from todays announcement is relief that one of...

  1. 4,149 Posts.
    lightbulb Created with Sketch. 11905
    the main feeling from todays announcement is relief that one of the obstacles in front of Anteotech's chances of commercialisation has been removed.

    ADO's  success now lies in its own hands and it's ability to commission our production facility and have our 70% silicon anode hit 800 and 1000 cycles. both are well on the way. then it's ability to get those deals signed.



    have a look at ferroglobe, market cap of $800m US, 2023 revenue of $1.7B US.

    Screenshot 2024-03-04 at 9.01.52 pm.png

    Ferroglobe thought they had a case to be heard and took us to the federal court to gain claims to our silicon anode technology patents.

    a David vs goliath sitaution.

    what happened, management stayed strong, as I have posted they let our patents of the last 2&1/2 years expire, obviously hired excellent representation and basically toppled a giant. ( in comparison to us).  well done!!!!

    so what does that do for my confidence with my investment?

    well it shows that unlike in past management teams, thru ewen, Katherine, Glenda, David etc we have a team with the strength and talent to be able to negotiate with companies much larger than us. just what we need  to work with government agencies for grants, work thru commercial deals with major companies and set up plans of expansion of anteoX and anteobind production



    a great result for Anteotech and a big tick to our management team

    2024 the year of ADO !!!!!
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $52.98M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $1.935K 87.96K

Buyers (Bids)

No. Vol. Price($)
5 1128551 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1015375 8
View Market Depth
Last trade - 11.24am 13/05/2024 (20 minute delay) ?
Last
2.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
2.2¢ 2.2¢ 2.2¢ 120000
Last updated 10.17am 13/05/2024 ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.