A cr would not be absolutely necessary now - before the AGM, I think. Possibly the results for the design freeze are available and Mercedes would like to secure a stake in Anteo before publication. The price could rise after publication.
Example: Mercedes AUD 10 million = 15% (more should not be possible)
That would not be significant!
+ Mercedes AUD 10m upfront for Anteox and / or licences Ultranode + Australian institution AUD 10m (balance to foreign investors) + Grant AUD 10 mio.
That would be significant in my eyes and would not be a one-sided burden on Anteo.
ADO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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