ADO 0.00% 2.0¢ anteotech ltd

Sorry Twin I was not asking if cash would be a problem (after...

  1. 946 Posts.
    Sorry Twin I was not asking if cash would be a problem (after all there is always the ability to ask for more) but rather what buffer of cash on the balance sheet do you think is appropriate for the board to consider as a minimum to make sure the company can ride through any 'delays' or disappointments'.

    I am not questioning if ADO has a great product but as the CEO and us other stakeholders have seen, in the Bio space things take a LOT longer than you would think.....so whats the number that a board should consider to be the minimum, 1 year of funding, 18 months, 6 months?
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $49.36M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $33.18K 1.658M

Buyers (Bids)

No. Vol. Price($)
8 2717347 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 723484 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.