ADO 5.26% 1.8¢ anteo diagnostics limited

Could Anteo be a Takeover Target?

  1. 741 Posts.
    lightbulb Created with Sketch. 27
    I am a new Anteo holder after becoming convinced of the fundamentals of the company. I have been accumulating over the past few months (but before it reached it recent lows unfortunately). I have read many posts on HC going back months. There is a lot of good technical information there from very knowledgeable holders (much beyond my comprehension). But there is one aspect I could not find discussed….ie. Could Anteo be a takeover target? Everyone seems to be hanging on a deal of some sort where a large multinational company signs up to use M&G. But why would they do that and then allow their competitors to do the same. Surely if a large company like Philips became convinced of its worth they would take out Anteo and keep the technology of M&G for themselves and develop a clear competitive advantage in the industry. I mean Philips could buy Anteo with petty cash. Or am I missing something here?
    I am not a scientist or health professional so please go easy on my question. So my question is would the “deal” we are all waiting for be a takeover? If so what price do you think would be offered?
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.00(5.26%)
Mkt cap $20.74M
Open High Low Value Volume
1.9¢ 2.0¢ 1.8¢ $229.8K 12.39M

Buyers (Bids)

No. Vol. Price($)
2 710000 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 344704 2
Last update - 16.10pm 14/12/2018 (20 minute delay) ?
(live)
Last
1.8¢
  Change
-0.00 ( 5.26 %)
Open High   Low Volume
2.0¢ 2.0¢   1.7¢ 9380890
Last updated 15.52pm 14/12/2018 (live) ?
ADO (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.