just a comparison b/w 2 asx companies reporting styles and how it affected the share price. as I have said management of ADO were happy to raise at 2c
View attachment 6616911then 2 weeks later presented this graph at one of Manuel's webinars. why wasn't it released with the above announcement?
View attachment 6616914we now know that this is with the Mercedes partnership so I can understand why management didn't shout about it. but look at the figures for mercedes 10% silicon anode.
now this is part of LIS announcement just on 3 weeks ago
View attachment 6616929giving the market some figures to work with. not even high cycles " with the cells continuing to cycle in ongoing testing" , this is the result
View attachment 6616935went from a map of $60m to $120m and held. the ann's since are agm related + directors buying. the market cap looked similar beforehand. I know comparing different companies results and sp movement doesn't necessary match.
but compare it to how Anteotech announced this achievement, 2 days later, 2 weeks before the cr was announced
View attachment 6616938one sentence about achieving 900 cycles with 70% capacity retention. thats all. this is anteotech's own testing. if you compare results of 10% silicon anodes like anteo posted above to what can be achieved with a 70% silicon anode, you get some outstanding figures.
but no performance figures, no cost savings with using $10/kg unrefined silicon, no nothing. why when it's our own work?
add that to the arena grant and mercedes naming and 2nd order for ultranode and management could have raised at a higher price.
$8.5m
at 2c 425m shares
at 2.5c 340m shares
at 3c 283m shares
etc etc, just a small increase would have significantly decreased the dilution of the raise.
what the above shows is that one company promotes it's achievements and another doesn't. I like what management have done for the company but why this lack of public marketing of the companies achievements and raising capital at sp lows?
hopefully David brings back some good news next week.. it better be good for me to change my vote on his performance shares. give s/holders sp appreciation next year and I'll vote yes for double. anyway thats the last for me on this topic.
GLTAH
