ADO 4.00% 2.4¢ anteotech ltd

“I'm betting on an out of court resolution.” I’d say you were on...

  1. 8,160 Posts.
    lightbulb Created with Sketch. 1094
    “I'm betting on an out of court resolution.”

    I’d say you were on the money. Both parties are likely to be arriving at that conclusion. For both companies, there is an all or nothing outcome possibility if this goes to trial.

    Unless ADO can show beyond a shadow of a doubt that Ferro’s claim is baseless, then is trial worth the risk, no matter how small that risk may be?

    And of course, it’s definitely in Ferro’s best interest to negotiate a compromise as a loss for them may mean a total loss.

    An outcome whereby Ferro, for a fee, secure a licence to market ADO tech in a restricted jurisdiction, could be seen by both parties as a win win?
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $59.14M
Open High Low Value Volume
2.5¢ 2.5¢ 2.4¢ $65.10K 2.710M

Buyers (Bids)

No. Vol. Price($)
11 2822744 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 42050 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
2.4¢
  Change
-0.001 ( 4.00 %)
Open High Low Volume
2.5¢ 2.5¢ 2.3¢ 2208238
Last updated 15.40pm 24/05/2024 ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.