ADO 8.33% 2.2¢ anteotech ltd

Ellume, page-124

  1. 2,473 Posts.
    lightbulb Created with Sketch. 990
    The problem here is that ADO have a supply contract with Merck.

    Imagine signing a contract with party A for bulk supply, then another with party B, where they get a cut of sales.

    what makes you think that party A will offer more $ than party B, given that Party B has to take a cut of sales?

    Any kind of a pricing disadvantage in contract terms would result in them gaining supply directly for party B. So less of a cut for ADO.

    That's business.

    Or in meme form:

    https://hotcopper.com.au/data/attachments/3723/3723006-4533a63f0ea1807149aee52257044ea9.jpg

 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.002(8.33%)
Mkt cap ! $54.31M
Open High Low Value Volume
2.4¢ 2.4¢ 2.2¢ $12.59K 542.1K

Buyers (Bids)

No. Vol. Price($)
5 487271 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 200000 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.