I actually believe some in the market might be reading the following as a negative:
""Subject to successful technical validation, both parties intend to continue development work and to map out a long-term relationship"
More R&D I can hear some scream
What I believe the market is missing here is that we've only been working (or so we've been told ) on the anode for this company but there is still the cathode that needs improving. The cathode is now the bottleneck.
David has mentioned in other recent presentations that EV1 and EV2 are wanting ( interested ) us to help them with other parts of the battery, which would be the cathode. We are now seen as experts on batteries and have garnered their trust.
I believe a deal for the Anode / AnteoX will come sooner than the market expects. Sure revenue for the Anode may not come until 2025 but paid development work / equity stakes? might come very soon. If the market believes we'll get one billion in revenue in 2025, do you think we'll still be at 3.6c?
We've already received $60k, while not much, I believe it's just the trickle that turns into a flood
and then there is the life sciences division which looks like it'll also make us cashflow positive in 2024
- Forums
- ASX - By Stock
- ADO
- The final kms of the marathon
The final kms of the marathon, page-19
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
4 | 194160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 254144 | 5 |
0.027 | 680612 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |