ADO 5.00% 2.1¢ anteotech ltd

bought another chunk

  1. 3,194 Posts.
    lightbulb Created with Sketch. 264
    bought another chunk of 250k ADO a few seconds before @ 6.9c.
    but had to wait 90 minutes to be served.
    someone was throwing in the bid suddenly...
    before, 374k have been waiting to get filled at 6.9c.
    seems that someone needs money...maybe the management to refinance their switched options...
    so there is a little danger the sp will drop further to 6-6.5c maybe.
    but in my eyes the danger of a leaving train was much bigger than a drop to 6c, so i grabbed another chunk below 7c.
    my average is exactly 6c now, so i am calm with this situation, knowing that the management has bought in, the last time, at higher prices...

    the last time, i grabbed a chunk was at 6.7c and a few minutes later ado announced their second deal with bangs and the sp raised 30%, so let out the next deals(s) and we all will be happy...:-)

    such obviously chances are very rare.
    everybody knows, why the sp was dropping down...it was only because the management had to refinance their oppies, nothing more.
    Thats the time to grab in...;-)

    Very early in the morning in germany. but we have a special phrase for that:
    the early bird is catching the worm...:-)
    So good luck everybody,
    Mikro

    __________________________________________
    ADO
    MHM
    MZM
    SSC
 
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2.1¢
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Mkt cap ! $51.83M
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2.1¢ 2.1¢ 2.0¢ $6.865K 328.4K

Buyers (Bids)

No. Vol. Price($)
18 1999959 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 218775 3
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Last trade - 15.50pm 25/07/2024 (20 minute delay) ?
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