ADO 0.00% 2.0¢ anteotech ltd

is ado a buy ??, page-41

  1. 54 Posts.
    My apologies Dolcevita for not picking up your of the fairer sex.

    Good to see you have a good handle on the pending deals QuickSilvaSurfa

    But just in case they dont come time fruition, you know like they were expected to countless times in the last 3 years.
    Here a few thoughts you may not like to reflect on.

    Burn rate = $.750 k - $1.1 m per quarter.
    Cash at hand as off 31/12/12 = $4.2 mill.
    Revenue from customers per quarter = $11 k - approx $100 k

    Projected cash at 30th June 2013 = Approx $2.0 m - $2.6 m. !

    Net Asset Backing is -

    773 million shares = approx. 0.3 cents per share. ie $0.003 !


 
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