ADO 0.00% 2.2¢ anteotech ltd

Twin here are my issues. 1. We have not actually signed a...

  1. 1,309 Posts.
    Twin here are my issues.

    1. We have not actually signed a commercial contract with BBI yet, we are only working towards one.

    2. We have known for 6 months plus that ADO were working with Alere, that announcement does not really change anything.

    3. Before we value the commercial contract that we may get, we need to know the details.

    Don't get me wrong, if we get there I understand the implied value, its just I have learnt with ADO to not get too excited before things actually happen. I have previously had us making about 4-5 million per year by now in my calculations and we are still around $270,000, so I guess I just don't want to be waiting in line for my dividend cheque next month, when realistically it is probably more like 2-3 years away.

    I am locked and loaded, so if it keeps going up, great. All I was saying is let's not get too far ahead of ourselves. And Twin you're research on this stock has been second to none, so I thank you for that.
 
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2.2¢
Change
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Mkt cap ! $54.31M
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2.2¢ 2.2¢ 2.2¢ $15.57K 707.7K

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Price($) Vol. No.
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