Hi good1234,
Your questions are indeed vexed, and valid. Honestly, I don't know what news might be in the pipeline. We know that the multiplex test has been in development; but how far from, through, or completed with approvals I have no better idea than any of us, I suspect. Has EXXE jumped the gun? Or is some news on the multiplex about to be announced? I do think an accurate test of that kind will certainly have a market, as many here have stated.
I have previously raised with the company a couple of months back, the critical issue of shareholder communications and the Company's communications strategy. I inferred from the statement in the last quarterly about announcements about test results, etc, being made only after completion and sign-off (which I assume means formal acceptance), that the news flow will not be as frequent. It's a bit like hearing a prize fight on the old crystal radio, not blow by blow, but only the winner of the last round. What I don't know is whether a clear strategy has been defined. A sound and complete one goes well beyond ASX announcements: it includes the nature and timing of content, its forms of release (eg ASX perhaps followed by webinar and prompt web site update), selection of presenters, extent of detail . . . thinking aloud here.
Shortly I will be raising again with the Company this matter of communications; for AnteoTech it is really very important, primarily because there are many investors who have been loyal supporters for many years. They have bought into the company not because it is a safe blue chip (and many people for very good reasons buy the blue chips), but for other reasons, one of which is because they believe the technology is so profoundly and advantageously disruptive, with marvellous opportunity to lift global well-being. Investors in blue chips I would think generally are happy to let those companies get on with doing their thing. But with AnteoTech, we are vitally interested. I'm not convinced that our more recent Board members understand that yet.
Anyway, I have added to my very short list of anticipated announcements, this one about the multiplex, at least about its approval. Others on my list: the new CEO (must be close, but can only guess how soon one can come on board); TGA approval for the plain vanilla Covid test (or will it simply be supplanted by the multiplex?); and a deal for the AnteoX in the battery world. No doubt other posters would extend this list of desirables. One of the problems intrinsic to our vital interest, is that it's like watching the billy boil on a campfire that struggles to breathe, let alone produce much heat. It seems to take far longer than it should.
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