AT1 0.00% 2.0¢ atomo diagnostics limited

Ann: Trading Halt, page-12

  1. 165 Posts.
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    Agree. It's likely to relate to how the "take-or-pay" stipulation in the agreement has been finalized. One way, would be by paying the agreed/negotiated sum; another way would be negotiating better rates on the imported Antigen test, which Atomo rebrands and supplies in OZ.

    A more interesting outcome could relate to the current "non-exclusive" rights, which could be amended or renegotiated. This would have the effect of pressing Atomo's antigen competitor Pantonic from the OZ market - noting that Pantonic also uses the very same non-rebranded Access Bio kit. A similar outcome could be achieved by negotiating supply.

    Atomo holds a long standing relationship with Access Bio. Whatever way, I am sure maintaining this relationship is front of mind.
 
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