ADO 4.76% 2.2¢ anteotech ltd

Ellume, page-66

  1. 5,184 Posts.
    lightbulb Created with Sketch. 1115
    Nice try, Eddie.
    It was, however, IMO an exercise in futility for the following reasons:

    • the company cannot give you (or anyone else) information that is not in the public domain.
    • Directors/Chairmen do not generally take kindly to retail SHs advising them (however well-intentioned it may be) on how to run the company.
    • there is, no doubt, a lot going on behind the scenes that SHs are not privy to.

    Perceived delays in the renegotiation of the supply contract to Ellume may be due to any number of reasons, including but limited to price negotiations or certain troubles through which Ellume are currently navigating.
    Both parties may have agreed to simply continue along the lines of the old contract as an interim until the new one is complete and signed. Or not. Ellume may have a stockpile of product. Or not.

    We need patience with this company. Wheelbarrow loads of patience. Not sure how long mine will last, but I hope that support at 20c doesn't go, or we're all going to suffer!

    FHC
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.