ADO 0.00% 2.1¢ anteotech ltd

Thanks for the clarification of quarterly revenue. As it has...

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    Thanks for the clarification of quarterly revenue.

    As it has been mentioned on here, the CEO hopes that ADO will be cashflow positive by the END of this year.

    This quarter was an aberrancy due to the Govt grant/rebate.

    As we know, the Bangs deal and the Merck deal thus far will not produce much revenue and by themselves will not make ADO cashflow neutral. The CEOs hope are pinned on a new signing of substance, such as an IVD company.

    We will have to wait for ink on paper and then see the cashflows from that to judge whether we will be cashflow positive by year end.

    Good update though, I wonder how much Transocean and other still have to sell on market??

    A.
 
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