ADO anteotech ltd
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Lets say ADO borrows $5m @ 7% = $350,000AUD interest.This would...

  1. Rich Jerk
    752 Posts.
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    26/09/24
    12:55
    Post #: 75850251
    Lets say ADO borrows $5m @ 7% = $350,000AUD interest.

    This would cover another 6 months of operations ($10m burn rate per year).

    $480,000AUD min guaranteed coming for the year.

    $100,000AUD in operating cash.

    Govt grants are coming.

    EV1 - Freeze design, contract order....

    Life science orders coming in.

    So the likelihood of a CR wouldn't be until end of 2025 if the above fails.


    ADO Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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