ADO 18.5% 2.2¢ anteotech ltd

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  1. 5,184 Posts.
    lightbulb Created with Sketch. 1681
    Lifting cap, sweeping up sellers soon, IMO.
    Their buy orders were filled, so cap not necessary for now.

    Standard accumulation.


    Compare current situation to trading range prior to the 29th of Nov last year. Price was pushed sideways to then break out from 1.4 to 2.4 cents.
    I expect a similar move with a breakout from 1.9 cent to 3.2 cents, settling back into a trading range of 2.4 cents to 2.8 cents.

    why?

    1, Commercial launch of Anteocoat at the CAC LP in April

    2, Results from collaborator 1 results early April.


    CR talk is premature and misguided.
    A premium placing is a possible outcome, commercial contracts in China and a fast moving MTA partner development due to latest cycle life improvement for Anteo Energy much more likely.
    all IMO
 
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Last
2.2¢
Change
-0.005(18.5%)
Mkt cap ! $54.77M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $123.2K 5.803M

Buyers (Bids)

No. Vol. Price($)
13 2804316 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 359544 1
View Market Depth
Last trade - 12.45pm 13/11/2024 (20 minute delay) ?
ADO (ASX) Chart
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