ADO 0.00% 1.9¢ anteotech ltd

yahoo take on ADO, page-2

  1. 188 Posts.
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    Not a bad little article regarding AnteoTech's cash runway jimb7. The following paragraph gives a bit of comfort should we need to raise cash:

    "Since it has a market capitalisation of AU$46m, AnteoTech's AU$2.4m in cash burn equates to about 5.2% of its market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money"


 
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