ADO 0.00% 2.2¢ anteotech ltd

substantial holder disclosure

  1. 1,542 Posts.
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    Assuming that the bulk on the volume is someone accumulating a holding (as suggested), then they must be getting close to the 5% threshold for disclosure.

    Volume since Dec 23rd (incl today) = 64 million shares.
    Remove the average volume of approx $4.5m over 6 trading day of 27m (should be less over this holiday period), leaves 35m shares.

    5% of 669m shares is approx 33.5m shares

    Cheers Muz
    DYOR

    BTW the reference to Invitrogen has been on the ADO website for at least a year. I did quite a bit of digging to fins some ore link by didn't find my much.
    Ditto with the partnership with: Prince of Wales Medical Research Institute (POWMRI) (Parkinson's Disease), and also the partnership New Zealand Diagnostics Limited (ovarian cancer research).

    2008 presentation:
    http://www.bio-layer.com/investors_pdf/ADO-InvestorPresentation.pdf


 
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Mkt cap ! $54.30M
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2.1¢ 2.2¢ 2.1¢ $5.118K 235.0K

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1 54235 2.1¢
 

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