ADO 0.00% 1.9¢ anteotech ltd

Yes, the bolted on here struggle with the fact that we are very...

  1. 2,574 Posts.
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    Yes, the bolted on here struggle with the fact that we are very low on cash and to assume we have it covered from any reasonable perspective is mind boggling.

    If we have to raise cash here we are all in for very large dilution. The only out from this is a deal, which I hope is coming, but if it was I would have thought it would have been told by now.

    ADO are very good at believing their tech is world beating, but the fact that EuGeni has been shelved is a massive negative for me. We have run out of shiny baubles to chase, and all eggs are now in the battery space.

    Any predator or even partner would know we are vulnerable, and that is not a good position to be.

    This share is very much in the bottom drawer for me now, and I continue to hold in hope, but the cash position needs addressing ASAP.
 
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