ADO 4.17% 2.3¢ anteotech ltd

I have to agree with Fudgy. Not every shareholder has to $$ to...

  1. 2,557 Posts.
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    I have to agree with Fudgy.

    Not every shareholder has to $$ to continually stump up when the companies we are invested in need cash. I have been a shareholder in ADO since SSH days, and have bought shares when I can, however I didn't have spare cash for the placement at 7.5c.

    We pay management pretty well to look after our interests, and I expect them to be smart enough to orchestrate a deal that benefits shareholders when needed - that's the skill set I try and invest in. That proved wrong in this instance.

    I tune out with the constant negative commentary, but fully understand the frustration from fellow shareholders that feel ripped off. My average is 6c after multiple years of investment - I never thought i'd be underwater at this stage. Furthermore it absolutely sh*ts me that the likes of Bergen can swoop in and double their investment in a few short months - so much for loyalty.

    Not only has Bergen made some good coin due from their financing deal with us - they have also reduced the end game for us all as DS stated - thanks Management.

    Frustrated is an understatement - but I'm still a believer - maybe I'm stupid - let see!
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $54.30M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $89.33K 3.907M

Buyers (Bids)

No. Vol. Price($)
13 2077832 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1609946 7
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Last trade - 12.17pm 05/06/2024 (20 minute delay) ?
Last
2.2¢
  Change
-0.001 ( 6.38 %)
Open High Low Volume
2.3¢ 2.3¢ 2.2¢ 2101609
Last updated 11.00am 05/06/2024 ?
ADO (ASX) Chart
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