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4.55%

2.1¢ anteotech ltd

The final kms of the marathon, page-29

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slippin

8,183 Posts.

1123

04/01/24

13:20

Post #: 71724478
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Originally posted by opel24v ↑

"Not so the Australian investor. Scared of their own shadow. Too timid to ever take a chance."

but how do you explain the ASX listed companies that are valued in the billions without being cashflow positive?

Sadly, for ADO, it's a case of 'once bitten twice shy' and what's worse is that Australian investors have been bitten more than once.
We're seen as the company that can't cross the finish line.

During Covid, we were valued at close to one billion dollars. Was it hype? or because many believed we were finally in the right place at the right time with the right management. The market got the first two right.

Anyway, all the signs are there again and much more. Any investor who misses out on ADO can't say they weren't given enough information from the company:

"Subject to successful technical validation, both parties intend to continue development work and to map out a long-term relationship" David Radford

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I’m speaking in general terms in comparing American and Australian investors.

The fact is, that in America, given our current prospects, ADO would not be languishing in the doldrums.

ADO Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$16.16K	769.8K

Buyers (Bids)

No.	Vol.	Price($)
1	26624	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	617809	6

View Market Depth

No.	Vol.	Price($)
1	26624	0.021
18	2598550	0.020
8	2890767	0.019
10	1652665	0.018
3	94160	0.017

Price($)	Vol.	No.
0.022	617809	6
0.023	710051	5
0.024	306228	2
0.025	214144	4
0.027	573112	1

Last trade - 16.10pm 16/07/2024 (20 minute delay)

ADO (ASX) Chart