ADO 8.33% 2.2¢ anteotech ltd

ceo headed to europe, page-178

  1. 506 Posts.
    To achieve $1 per share, ADO would need around $50M royalties pa (~$35M NPAT) using a conservative PE of 30. That figure is achievable (imo) given that both BBI & POC1 have been mentioned to worth "in excess of $10M pa" each. A few more signings with mid-size IVD/LSR companies that can generate ~$5M pa royalty (e.g. Luminex/Schott/Sony DADC - all speculations) and $50M is not out of the question. It can only grow from there with others to follow & bioseparations etc.

    The most important aspect right now is to get the first major deal signed & income rolling in.

    It's hard to find another bio stock in this end of town with such clear income trajectory & great management.

    just imo
 
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2.2¢
Change
-0.002(8.33%)
Mkt cap ! $54.31M
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2.4¢ 2.4¢ 2.2¢ $40.20K 1.786M

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2 386453 2.2¢
 

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2.3¢ 248196 1
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