ADO 0.00% 2.1¢ anteotech ltd

New Captains of ADO

  1. 9 Posts.
    Good to see someone else on the board who can help steer the ship.
    Hopefully Sanderson can help Studley right the ship. Studley has already begun to move the company in a better direction. Since coming on in May have seen sale of DiaSource (wasteful, pointless acquisition), departure of R. Martin and company now looking at how to make money and increase shareholder value.

    In past 10 years the price has continued to drop from 25c high to low of 0.9c. Thanks to Studley, strategic review is being made and already yielding positive results as seen in announcement on 18/10.
    Rest of board needs to answer for why G Cumming paid 280,000 Euroes ($421,000)  & S Anderson paid 114,000 Euros ($170,000) in 2015/16 year when share price halved from 8.4c to 4c. Need to answer for why there are no contracts done to generate revenue depsite over half a million dollars in wages for just two people!

    Company now moving in the right direction, Sanderson would be smart to move towards Studley and help him bring shareholders the value that the rest of the board has sucked out of the company.

    Check the annual reports, looks at all the tests and contracts done under the old board that have yielded nothing! Sanderson and Studley should be supported fully!
 
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