ADO 0.00% 2.6¢ anteotech ltd

Ann: Up to $1.4m in Qld Grant for COVID-19 test development, page-113

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  1. 5,184 Posts.
    lightbulb Created with Sketch. 1681
    I agree with your numbers of tests possibly produced inhouse, roughly coinciding with my estimate.
    I still think current finances are way overstretched to tackle this and investment will be forthcoming, similar to Ellume.
    That only occurred after TGA, FDA approval.

    We are very close, in any case, trading spells it out as well.


    In my personal opinion, investment is needed and actually forthcoming to fill orders which are already lining up, why else would Derek mentions inhouse production which was so far not a topic.

    As Big E says, this stock is like a spring and it is getting tighter.
    wait for the snap

    all IMO
 
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