ADO 0.00% 2.1¢ anteotech ltd

haspete chart please, page-360

  1. 811 Posts.
    lightbulb Created with Sketch. 590
    Couldnt agree more rockme.

    The latest presentation used some very strong language that if read with a hint of optimism sounds like an agreement (or 3) is/are virtually on the table.

    "Currently 2-3 healthcare R&D companies ACTIVELY CONSIDERING MIX&GO - short term revenue opportunities as R&D companies take less time on approval processes"

    and

    "ADO is currently WORKING ON SUPPLY AGREEMENTS with leading global IVD players"

    "ACTIVELY CONSIDERING MIX&GO" and "WORKING ON SUPPLY AGREEMENTS" refer to multiple potential agreements.
    Working on supply agreements to me says they are no longer testing, just working out the final nitty gritty of a contract.

    This will be a hard one to play if you are a trader, as you could sell on the next announcement, and possibly miss the next one the day after.
    Traders will have their mental work cut out for them I think.

    For me its easy, just hold.



 
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