the way i read it is that DT knows that Operon does not have enough capacity for what is building.. its pretty clear! So what does he do ? Look for another 3rd party manufacturer or take the extra funds that shareholders fronted up and take destiny in-house to ensure there is capacity ?
No brainer.. it is not a sign that there are no contracts.. to me its a sign that we need more capacity for what is in the wings... and we have now secured it in BRISBANE !
All future tests that ADO launch will be 8 months quicker to market !!! Think about the implications of that... its massive ! No more waiting around... test ready ? Ok LAUNCH next week !!
GLTAH... still a way to go but management continue to impress me with some solid business strategies and decisions !!
Ann: EuGeni Test Strip Manufacturing Strategy, page-26
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Last
2.1¢ |
Change
-0.001(3.67%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $7.812K | 349.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 828094 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1102151 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |