LDX lumos diagnostics holdings limited

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LDX Discussion, page-744

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Quest09

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15/11/24

11:55

Post #: 76622593
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Originally posted by Quest09: ↑

Just last month (October), LDX was able to attract a significant amount of institutional funds from at least two professional investment companies (Tenmile and Ryder Capital). The two investment companies together now own 36.9% of LDX. IMO, both of these two investment companies would have done their due diligence checks before agreeing to invest, and IMO they also would have had direct access to quiz and question senior management about LDX's business plans/strategy.

IMO, the fact that two separate institutional investors decided to buy up a large portion of LDX shares can be an indicator of the upside potential available in LDX shares at current prices.

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Originally posted by Quest09: ↑

The US Food and Drug Administration (FDA) is the govt department responsible for granting the LDX CLIA waiver (as per below image).

A successful CLIA waiver will reportedly open up the number of potential sites which can buy FebriDx from 18,000 sites pre-waiver, to 270,000 sites post-waiver. In monetary terms the total available market (TAM) will increase from US $118 million dollars per annum, pre CLIA waiver, to US $1.7 billion per annum, post CLIA waiver (see image below).

So lets see what the FDA has to say about the global problem of antimicrobial resistance. The FDA happens to have a whole webpage addressing this important global problem: https://www.fda.gov/emergency-preparedness-and-response/mcm-issues/antimicrobial-resistance

Some key points from the FDA
The FDA's role and strategic approach to combating antimicrobial resistance is shown below (it seems like the FDA's policy on AMR is completely aligned with LDX's aims with FebriDx):

Expand

Some decent buying just occured, pushing us up momentarily to 3.2 cents.

Volume now at 2.5 million units traded.

It seems buyers are recognising value at these levels. We may not be staying at these low prices for long.

LDX Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change 0.000(0.00%)		Mkt cap ! $21.70M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$1.912K	65.93K

Buyers (Bids)

No.	Vol.	Price($)
4	571666	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	150000	1

View Market Depth

No.	Vol.	Price($)
3	506666	0.028
3	318288	0.027
2	443000	0.026
6	601153	0.025
1	1238229	0.024

Price($)	Vol.	No.
0.030	150000	1
0.031	250309	3
0.032	51725	1
0.033	190000	1
0.034	189253	1

Last trade - 10.42am 20/06/2025 (20 minute delay)

LDX (ASX) Chart

LDX Discussion, page-744

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LDX Discussion, page-744

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