ADO 5.00% 2.1¢ anteotech ltd

Rameez, no worries here, silently growing protoflio.Fully...

  1. 125 Posts.
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    Rameez, no worries here, silently growing protoflio.
    Fully positioned and awaiting the completion of further steps outlined by management in earlier updates.

    Whenever an entity is in a waiting queue for governmental funding, timelines slip and delays are to be expected. Fund is cleared by Senate, hence we will be served in time and everything unfolds from there on.
    Occasional top up as I pull out of many positions prior to inevitable recession.
    Australian housing also has many headwinds coming its way with IMF warning that Canada and Australia are prone to severe corrections due to
    world leading debt levels and mortgage exposure. Last rate pause by RBA simply was to appease loan holders and delay the inevitable pain coming our way.
    Further banking defaults in the US will see deposit rates increase in OZ while banks cash up for coming stress.
    So some of the money moves into deposits, some larger plays still out there in the market, ADO being one of them.

    Looking forward to the next 2 months.

    all IMO
 
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