I get your point. But if you realistically think about it, what is the point of prioritising TGA approval (back then) when the government were NOT even considering ARTs? As stated many times in previous announcements. Whilst I'd think that the company would have had conversations with government bodies on the possibilities on using EuGeni on home soil but simply shutdown due to preference to PCR tests.
You have to remember, Australia's Covid situation were NOT as bleak 2-3 months ago, therefore the government didn't want/need to respond with ART deployment.
There was a reason why TGA was going to happen just after CE, then there was also a reason why it was pushed back, and now, there's probably a reason why it may be expedited by the company or government or both.
As I keep mentioning, ADO is small enough to be very nimble and make last minute decisions. Who knows, maybe the quarterly will even tell us more about TGA/AU government/Abacus dx discussions.
It's easy to blame and bad mouth management based on what we see on the surface, but they are the ones that knows much more and have had deeper discussions with different governing bodies. So I'd personally give them the benefit of the doubt that they are doing everything they can and doing what's best for our LONG TERM future.
- Forums
- ASX - By Stock
- ADO
- Qld COVID-19 testing kits await local use
Qld COVID-19 testing kits await local use, page-56
-
- There are more pages in this discussion • 106 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 1.9¢ | $24.34K | 1.215M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1080621 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 0.020 |
4 | 1580000 | 0.019 |
16 | 1271612 | 0.018 |
5 | 807891 | 0.017 |
5 | 1728529 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1080621 | 4 |
0.022 | 255000 | 2 |
0.024 | 531781 | 3 |
0.025 | 406936 | 5 |
0.026 | 45454 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |