ADO 0.00% 2.1¢ anteotech ltd

Thanks DS for answering re money levels, CR etcTaneNui - One...

  1. 5,891 Posts.
    Thanks DS for answering re money levels, CR etc

    TaneNui - One thing I personally look at in these companies yet to breakeven is annual burn as a percentage of market cap.

    ADO as DS has mentioned have been exceptional with their cash management structure.

    If you look at ADO's $2-3m burn pa as a % of total market cap compared to others on the ASX sub $100m you can see the attraction to ADO.

    Some companies sub 50m MCAP have burn rates at 100% of their market cap - This is a disaster for dilution but not the case for ADO

 
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