Looked through their website and a few links, pretty impressive and cheap to boot. Not sure how they acheive what they have, their samples are so small you'd think the blood from capilliary punctures (finger pricks) might be prone to dilution from tissue fluid, especially in unwell patients. Hopefully another company that ADO have approached to see if any collaboration might be possible...
Also, how many tests are they actually doing so far? They're a private company so financials are hard to come by, but they only seem to have 36 centres doing tests currently in total so they're unlikely to be huge and I expect they don't run a profit yet either. Valued at at least $9 billion US, and clearly in an exciting and advanced space, but helps put to bed the "ADO are overvalued" nonsense. I wonder where we'd be if we were based in the US and Joe had been working in California rather than Australia - Americans seem better at putting forward looking valuations on good ideas in biotech?!
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1.9¢ |
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0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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2.0¢ | 339684 | 2 |
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No. | Vol. | Price($) |
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4 | 1142321 | 0.019 |
10 | 1338162 | 0.018 |
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5 | 1629529 | 0.016 |
7 | 1203869 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 339684 | 2 |
0.021 | 592746 | 5 |
0.022 | 505000 | 2 |
0.023 | 420000 | 2 |
0.024 | 164509 | 3 |
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