The way I think about it is that ADO are much like a farmer who has invented a new grain.
All the science says it is a far superior grain that will produce a better bread or what have you.
But like commodity producers ADO is at the mercy of the markets (sort of like a farmer is price taker) until enough buyers decide to switch and then ADO become the only supplier because of their patent and recipe being fairly hard to replicate. (There was a discussion in the dim past where apparently one of the individuals who invented MIXNGO admitted to some poster that they probably couldn't replicate it).
So to expect ado to have a dominant position to set deadlines now is a bit far fetched
Of course when alere and Philips get on along with a Chinese IVD trying to take market share the pendulum may swing the other way.
I am happy to wait for the deals to unfold and have comfort in the strength of the managements resolve to improve shareholders returns.
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2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
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---|---|---|
4 | 384663 | 2.1¢ |
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Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
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No. | Vol. | Price($) |
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4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 214144 | 4 |
0.027 | 680612 | 2 |
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