ADO 0.00% 2.0¢ anteotech ltd

OrgoneAccumulator,You stated earlier that you had a price target...

  1. 1,364 Posts.
    OrgoneAccumulator,

    You stated earlier that you had a price target of 40cents for this one.

    The majority of people who read that will not give your target much of a thought as it is beyond the realms of the average punters reasoning.

    I believe your target is more than achievable.

    Working backwards:
    * A price of $0.40 gives ADO diluted market Cap of approximately $360million
    * If this figure represented lets say 5 times earnings then the Company would be generating EBITA of approximately $72million per annum

    Can it be done:
    * The Company has stated in a presentation that within 5 years it could be targeting the generation of an annual royalty stream of between $140-$390million

    Royalty Revnue is a great thing - overheads are the only cost. So I think your target of 40cents based on fundamentals and information to date are more than justified.

    If ADO can start to get some revenue through the door, I think the share price will appreciate quite quickly.

    IMO
    DYOR

 
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Mkt cap ! $49.36M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $33.18K 1.658M

Buyers (Bids)

No. Vol. Price($)
8 2717347 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 723484 6
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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