ADO 2.63% 3.7¢ anteotech ltd

Nice Run, But Why?

  1. 1,890 Posts.
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    I would really like the business to provide an ann to validate the rise for a couple of reasons.

    1. Explain to the SH's why the business believes this run has taken off. Ellume deal? Something else? Something yet to be released?
    2. Consolidate this run so that we don't retrace to .10c

    I know how different the business is today than it was back in 2014, but the run up is eerily reminiscent. Not wanting to rain on anyone's parade, but if this run is based on the Ellume news (which is entirely possible, as we still don't know the impact of that), I don't know if it's enough to keep the sp at this level and would expect a retrace down to .20ish if no ann is to be had in the next few days.

    So, a question to the forum: If no announcement is had by Friday, where do you see the SP settling based on the news available at this time? Let's give it a 3-month time frame, so where do you think the SP will be in Mid-May if no news? Obviously, this calls for speculation, but it would be good to know.
 
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