ADO 8.70% 2.1¢ anteotech ltd

They have purchased a profitable company with insufficient funds...

  1. 3,058 Posts.
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    They have purchased a profitable company with insufficient funds - the company in whole would be on the right track if they didnt royally F up the funding. As Twinvest posted on the news early days the purchase of Diasource WOULD have been a pivotal point, now infamously its the absolute desecration of it's own agenda. Everyone had that thought in mind.

    How the SP can go any lower on this volume I have no bloody idea - BUT, i assume the only one's buying are punters and top holders comfortable with the long term outlook. As stated by everyone else, it's the mum and dad investors nervous as ever, with minimal capital to throw back in at this time to average down - and nervous with the outlook. Hence, small parcels going here and there and IMO, based on the current fear and pathetic communication. Surely TAX selling is ending, and we see a rebound in the short term - the COY needs to pull its finger out and provide a useful update on progress in general.

    ALL the focus is on the LE due to this silence.
    Last edited by Snookered76: 26/06/17
 
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