It seems to me that various posters have misinterpreted the game that ADO is playing here.
ADO is essentially seeking approval for a) a POC device and b) a cartridge that identifies covid-19, a far more complex approval process that those standalone RAT devices that you find on supermarket and chemist shelves.
While the EuGeni device will surely become more sophisticated over time, the market it is seeking to enter is almost unlimited, both in numbers and time - it could be around for decades.
The customers being targeted are hospitals, medical centres, government departments, schools, businesses with medium to large numbers of employees, factories, who knows ...... and why ISO accreditation was so necessary.
Now I'd agree that approval before now would have been optimal, getting it right is so much more important, because the upside is huge.
I mentioned Cameron Smith's great win today in another post.
To keep the golfing theme going - ADO is seeking to play on the PGA Tour - not in local Pro-Ams.
- Forums
- ASX - By Stock
- ADO
- The competition
The competition, page-148
-
- There are more pages in this discussion • 245 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $54.30M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $7.722K | 366.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 568091 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 0.021 |
16 | 1799959 | 0.020 |
5 | 2082869 | 0.019 |
7 | 664332 | 0.018 |
5 | 550882 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 568091 | 6 |
0.023 | 422310 | 4 |
0.024 | 230737 | 2 |
0.025 | 246946 | 6 |
0.027 | 480762 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |