ADO anteotech ltd

7.14%

1.5¢

Mercedes and BMW have a long history of taking equity stakes in...

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vijayghelani

425 Posts.

1035

02/09/24

14:40

Post #: 75489606
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Originally posted by Peekay: ↑

Yep, IMO cash in the bank is the only thing holding us back at the moment. Once the Sep quarterly is released in Oct, we will be down to less then 2 quarters cash. As noted in the Annual report below, the short term plan is to receive the $2.7m R&D rebate before Xmas, which will get us through to Mar 2025.

Between now and then, we can hopefully announce a design freeze with EV1 and actually name the company. This is so crucial as not only should it push the share price up, it may be the final box to tick before receiving a decent Gov't grant. Failing this, another CR at a higher share price and coupled with a design freeze, can be undertaken and would be well supported IMO.

An nice announcement before Xmas from any of the companies on the right hand side of the diagram below, could also achieve the above outcome.

Its time to deliver!!!

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Mercedes and BMW have a long history of taking equity stakes in many of their business partners

I'm sure if EV1 or 2 are serious about us long term then they can easily throw $10 Million our way - then allow us to announce their name officially and the value of their stake would increase exponentially overnight

ADO Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.001(7.14%)		Mkt cap ! $37.87M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$3K	200K

Buyers (Bids)

No.	Vol.	Price($)
5	1355182	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	3315579	8

View Market Depth

No.	Vol.	Price($)
1	200000	0.015
5	1355182	0.014
6	1011022	0.013
9	2436827	0.012
7	2658674	0.011

Price($)	Vol.	No.
0.014	80000	1
0.015	3435579	8
0.016	1427582	2
0.017	718695	5
0.018	1215334	6

Last trade - 09.59am 27/06/2025 (20 minute delay)

ADO (ASX) Chart

Mercedes and BMW have a long history of taking equity stakes in...

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