ADO 8.70% 2.1¢ anteotech ltd

some find it a hard pill to swallow that the current SP is just...

  1. 263 Posts.
    some find it a hard pill to swallow that the current SP is just what the market thinks ADO is currently worth.

    That's factoring in current financials and future revenue potential.

    until it starts hitting the quarterly/annual financial reports, potential is just potential.

    It's all well and good to do all the research in the world to determine a position on how likely you think that potential will be realised, and this is how we can get ahead of the market. but the market by and large will not do this until it starts to become a reality.

    Hence why it took a BBI HOT to get us from 6-7 cents to 15-18cents.

    and once we get another significant milestone, we'll take the next jump up, depending on how significant.

    Until then we will hover.. The market isn't just going to wake up and say "oh shit this stocks worth twice what it currently is" unless something actually happens.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
-0.002(8.70%)
Mkt cap ! $52.28M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $20.83K 964.6K

Buyers (Bids)

No. Vol. Price($)
4 2247357 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 164375 3
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.