ADO 5.00% 2.1¢ anteotech ltd

buying pressure, page-23

  1. 291 Posts.
    lightbulb Created with Sketch. 32
    The definitive driving force behind any real share price movement is money. So far we have had a lot of innuendo about alliances and one positive link with Allere.

    It is hoped that Medica at the end of the week will provide some more detail about the number of tests that they are involved with together with some idea of how many of each of these tests that they will be performing in the coming months.
    This should provide a further boost to the share price. But unless the amount of benefits that are expected to flow to ADO are specifically mentioned and quantified we still have to wait for a formal contract to be signed before the share price really takes off.

    There is so much in the pipeline that anything can happen at any time. However, it appears that only the loyal followers have a genuine understanding of the potential value of ADO and others have only been titillated by the information so far disclosed and their taste buds only really respond to the strong smell and actual taste of money.

    Perhaps circumstances have been arranged so that we are alerted to Medica and will closely examine any disclosures made there so that an announcement can be made while our attention has been captured and can be held for more than a moment.

    If there is in fact any announcement that mentions finalised contracts and income to be generated for ADO then hold on to your hats for the ride of a lifetime.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $51.84M
Open High Low Value Volume
2.0¢ 2.1¢ 1.9¢ $24.34K 1.215M

Buyers (Bids)

No. Vol. Price($)
1 6000 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 1080621 4
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.