Ann: Up to $1.4m in Qld Grant for COVID-19 test development, page-106

Where does the investment come from?

Ellume partnership and shared investors is the logical choice here as we were in disucssion with them since some time now. Interim clinical trial results would have not surprised anybody as in being positive, so QLD government chimed in for the first time and will probably add more when facilities are built ( additional staff ), similar to their staggered approach with Ellume.
Government wants to see the company making headway and then joining the party and taking the credit later, that is how politics work.

Ellume and Anteo need a follow up contract and our own facility might well be part of this
as we are now our own assay developer in our own right.


Therefore, market will have to digest soon some serious investment news.
Interesting to anticipate price development on the heels of that paired with an Operon
contract for manufacturing in Spain.
Anteo would move into another investor bracket

all IMO