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ADO - AnteoTech Limited

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I'm tipping ADO for the July tipping comp. In a recent interview the CEO announced their new EV battery tech only cost $1/ kWh. An existing competitors product costs $100/kWh. There is opportunity for ADO to be a major player in the battery scene, if or when it signs some deals it will be valued far more than its current $80 million MC.
 
Tipping ADO for the December tipping comp. Management have intimated there would be deals signed by the end of the year, one of the companies they are in negotiations with has been described as a 'marquee" EV manufacturer. It's been a long wait but ADO might finally be about to make some real money, possibly a LOT of money.
 
Tipping ADO for the February tipping comp. They have said their manufacturing plant for their revolutionary battery improving compound will be opening early February. Far East Capital's Warwick Grigor has suggested that Mercedes and BMW are in negotiations for their EVs. Once the manufacturing facilities are open then hopefully the contracts will be signed. Potentially a massive your for ADO coming up.
 
not much ... $4.6M in cash

down 25 per cent to 2.7c on results


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Their inability to ink a deal is becoming increasingly frustrating. The tech is solid, their ability to negotiate, not so much. Sooner or later this will fly.
 
Tipping ADO in the April tipping comp. Just got a $1.4 million grant and hopefully they will soon nail down some actual contracts...
 
Dona Ferentes said:
1. The trading halt is requested pending an announcement by the Company concerning a capital raising.
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Key Points
• $5.4m Placement to sophisticated and professional investors - providing AnteoTech with $5.0m funding net of all costs from the Placement
• Placement attracted a number of new institutional investors and includes $0.1m from directors which is subject to shareholder approval
• Funds will drive near term commercial milestones – Clean energy development and partnering for Anteo XTM and Ultra-high silicon anode – also supports production scale up
• Share Purchase Plan will be launched for existing investors targeting $1.0m
• Balance sheet strengthened to accelerate activities and provide cash runway with $10.64m pro forma cash at 31 December 2023 after the Placement and SPP
• Price of 2.5 cents for Placement and SPP Shares is 29% discount to close on 03 April 2024 and 34% discount to 15 day VWAP
 
Dona Ferentes said:
• Price of 2.5 cents for Placement and SPP Shares is 29% discount to close on 03 April 2024 and 34% discount to 15 day VWAP
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What's another 1/4 Billion shares matter? 34% discount to 15 day VWAP. How has this ratchet company kept such a following? How has Muchado won several monthly comps with it? I'm incensed.

Not Held

 
I'm tipping ADO for the July Tipping comp. Now allegedly involved in negotiations with multiple European car manufacturers. Sooner or later this company has to ink a deal, unfortunately it seems to be later rather than sooner...
 
Tipping ADO in the August comp. Finally signed a deal! Not the big one but it's a start. Hopefully more to come.
 
debtfree said:
@Muchado could've beeen sitting in the lead of this month's Comp after today.
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yes he would ... up 25 per cent today
debtfree said:
Some news as well ..... https://www.marketindex.com.au/asx/ado/announcements/first-commercial-ultranode-order-2A1555770

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because ...
The ASX has advised the Company that under Listing Rule 3.1 the counterparty referred to as EV1 must be identified.

The Company advises that:
• the counterparty, referred to as “EV1” in the Announcement, is Mercedes-Benz AG of Waiblingen, Germany, part of Mercedes-Benz Group AG
• it has previously taken all efforts to protect the confidentiality of Mercedes Benz as “EV1” due to the stage of commercial relationship and the confidential nature of the work being undertaken.
 
$4m ARENA Grant
Project to deliver Generation 2 Ultra High Silicon Anode​

Key Points
• $3.99 million Grant awarded to AnteoTech under the ARENA Advancing Renewables Program
• Funding towards a three-year Project to develop and commercialise a proprietary Generation 2 Ultra High Silicon Anode –targeting stationary storage markets and ultra-high performance electric vehicles
• Expands current capability and technology to produce battery anode capable of >1000 cycles at 80% capacity retention for large scale energy storage systems
• Expansion of Brisbane production facility including new manufacturing equipment
• Grant followed extensive diligence process and independent technical analysis by ARENA
• Second non-dilutive funding grant achieved this year – total $5.4m grants committed
 
Trading halt is requested pending an announcement by the Company concerning a material capital raising.

now 2.7c
 
May - interim CEO

June - Strategic Review
KEY OUTCOMES
• Consolidation and cost reductions
• Acceleration of revenue generation through clearer value proposition definition and more commercial relationship management.
• Opportunity pipeline expansion focussed on commercialisation of the Company’s existingproducts, accessing new rapidly growing as well as existing markets and shifting from bespoke R&D.
• Advancement of strategic partnerships to further accelerate commercialisation and secure upfront funding for any development.
• Consolidation and cost reductions securing net savings of A$1.6 million p.a. through an organisational restructure.
• Further corporate and administrative cost reductions targeted.
• Cultural repositioning and alignment with commercialisation and ongoing improvement.
• Strategic Initiatives to expand sales and marketing efforts across diverse, fast-growing markets have commenced.
• For Advanced Battery Technologies this includes developing strategic partnerships in E-mobility (2&3 wheelers) in India, and in “3C” markets. That is smartphone, laptops and other portable devices including wearables.
• For Life Sciences, expansion in India as well as into Europe and the USA is targeted.
• Additional sales, marketing and commercial skills to be added to meet these objectives.
• Acceleration of AnteoTech’s R&D tax rebate claim through AusIndustry.
• New website successfully launched.

Latest news
AnteoTech’s high-silicon battery anode hits 890-cycle milestone, eyes EV and medtech markets.
AnteoTech (ASX:ADO) has achieved a key performance milestone with its Ultranode™ X high-silicon battery anode, reaching 890 cycles at 80% capacity retention using 70% silicon content. This performance enhances the company’s position in the EV and consumer electronics markets. The Ultranode™ product family now supports tailored configurations across diverse applications, from wearables to drones. Collaborations with Mercedes-Benz and Wyon AG continue, the latter evaluating the technology for medical devices. The company emphasises sustainability, noting its water-based, PFAS-free process.

 
Tipping ADO for the August tipping comp. Share price has doubled over the past two months and the stars may finally be aligning for some substantial revenue to start flowing in.
 
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