ADO 0.00% 1.9¢ anteotech ltd

just sit tight and wait!, page-2

  1. 2,075 Posts.
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    Hi Weigan.

    Good to see you are keeping with your convictions.

    I have used the time to pick up a few more, when I thought the price would not revisit it did today. Much relieved!!

    As we know the 2 companies that converted did evaluate for a while.

    If we think in terms of the 14 companies that were assessing in 2009 and say we have two converted, that leaves us with 12 that have had Mix & Go for 12+ months and may well be "perilously close" to signing (as the ceo said in the 1/12/2010 brr interview and re-interated in his wholesale invest interview). He also had to explain his words in the price query in the below link

    http://www.anteodx.com/pdf/Response%20to%20ASX%20Price%20Query%20101207.pdf

    As the volume churns and the stock remains volitile due to option converters seeking cash from their existing holding and the story of the potential of the company gets out we will see some trading opportunities.

    The risk of being out of the stock when an announcement comes will play on the mind of traders/investors and create intraday movements that will test our itchy fingers.

    I guess it depends on your tax strategy for locking in profits and how liquid you are.

    Anyway all my ramblings are not advice, read announcements, think and talk about it is best.

    http://www.anteodx.com/investors_announcements.php




 
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Mkt cap ! $46.90M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $30.29K 1.594M

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No. Vol. Price($)
11 1427131 1.8¢
 

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Price($) Vol. No.
1.9¢ 79989 1
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