ADO 9.52% 2.3¢ anteotech ltd

Short Term SP Catalyst

  1. 2,253 Posts.
    lightbulb Created with Sketch. 415
    There seems to be consensus that nothing short of reported actual sales will move the sp and reverse the well established weekly downtrend.
    However, posters like Seb and Semi have suggested that sales by distributors are unlikely to be reported.
    Mmmmm....so where does the impetus for sp appreciation come from?
    Certainly not from the charts that resemble excreta. A hail mary from the battery sector? An unlikely UK govt contract? An equally unlikely fast track of TGA approval?
    Will we need to wait for quarterlies to assess the financial merits of the company while sales remain a closely guarded secret? If thats the case we're in deep shite.
    Struggling to see a catalyst for a turn around at this stage. Any refreshing insights would be appreciated.

 
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