To be honest there is no point in backtracking when NanoDX EUA submission was or will be lodged. Unless one calls the company (NanoDX) and gets verbal confirmation everything is conjecture. What we do know is that there were delays due to quality assurance measures being taken and that once sorted the lodgement would take place. In terms of approvals, that is basically government prerogative based on needs basis and how fast or slow they decide to make it in simple terms. Yes this device is needed and yes it is needed now. But there are most likely a number of other company hopefuls vying for the same space.
SE1 isn't about the Covid sensor. It's about MEMS development and production on a range of products that are already in the pipeline. Granted the Covid sensor will give the sp a rise and may even rerate the company in terms of exposing a greater range of investors, but don't pin all hopes on that product alone. This is a story in the making as frustrating as it may be.
SE1 Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held
