ADO 3.67% 2.1¢ anteotech ltd

why ADO is a multi multi bagger, page-1763

  1. 1,041 Posts.
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    I think that is what I am hoping for “ more progress behind the scenes “ but have to say faith is wavering.
    You’re absolutely correct, this is not a blue chip steady as she goes internally funded company . It’s a “ long running “ startup, needs to engage investors in the journey and every raise should be either an up raise or at least at market last raise or as existing shareholders we get absolutely destroyed .
    This Board/ Management and past Board / management have treated this as an endless punters lottery. At this stage of the journey pre revenue and cash they need to deliver milestones , sell the added value to the company and raise money based on that added value .
    So much intrinsic value has been destroyed we may not be able to raise money to finish the journey unless we are very close to a BIG milestone.

 
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