ADO 3.85% 2.7¢ anteotech ltd

market depth, page-25

  1. 5,891 Posts.
    Slipperymack -

    Just to clarify for you

    In November 2009 - There were 14 companies Anteo were talking with - Of those 14, four companies had signed MTA's (Materials Transfer Agreement this is essentially the sharing of the technology to support the claims of Mix&GoTM and requires the other party to devote resources to the project)

    In November 2010 - 47 groups assessing MixnGo

    In May 2011 - 60 companies assessing MixnGo

    If one were to assume that the first 4 companies who signed MTA's by Nov 2009 are potentially the ones we would see sign in the next 6 months then 12 months after they sign you would have up to 47 groups ready to sign and six months later all 60.

    This in my eyes is not a matter of if but when and the only battle for the investor is themselves and their own patience.

    In my opinion whoever signs first is irrelevant - It will provide confirmation and the snowball effect from that point on is when you will want to be holding on.

    Just on the professionalism of the company - Today I emailed Geoff for the first time and received a reply within the hour - Very impressed as he said he was travelling
 
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