ADO 0.00% 2.0¢ anteotech ltd

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  1. 1,890 Posts.
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    I agree with 2 & 3. The purchase of an accretive cash-flow positive business was something a majority of SH's wanted, as the timing made sense. DIASource was a great opportunity, but the financing was beyond our means. As a result, we landed in the Bergen port in a storm.

    Jef as the CEO seemed like a reasonable move, and it may have been IF we had completed the purchase. As it sits now, he seems to continue to run the business as DIASource + some other stuff we can't seem to sell. IMHO he's missing the huge upside potential in the business he is running. They should be adopting a bi-modal approach to the business, but it seems he is content to keep pushing DIASource, which is hard to fault his thinking if it is going to be up for sell come Oct 2nd. It sucks for SH's, but I think he's done his best to prove he doesn't give a flying rat's ass about the shareholder.

    Anywho, back in my hole until 2 October or an announcement. Good post, @secondsight


    All IMHO, FWIW, DYOR, TFIF, blah blah blah.....
 
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