ADO 0.00% 2.7¢ anteotech ltd

Interesting conviction you have DS.They say fortune favors the...

  1. 54 Posts.
    Interesting conviction you have DS.

    They say fortune favors the brave, and clearly you display it in abundance. No doubt if it is to be rewarded you will be rewarded greatly.

    Im not sure what the burn rate will look like going forward, but Tongaface believes it is likely to be $ 1 mill. per qtr.

    "This burn rate was higher than previous quarters and can be expected to be maintained given the increased number of customers currently testing 'Mix&Go'"

    And of course anyone paying attention to the burn rate is missing the picture as revenue is about to grow exponentially. Way in excess of the $11 k that was received in the whole of the last qtr.

    I wonder though if any company interested in becoming a customer would'nt just buy ADO itself ? Perhaps even waiting to buy it from the receivers. Assuming there is any actual commercial interest.

    I guess we will all know soon enough
 
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