Ann: Change in substantial holding, page-7

First 7 Last

Share
Profile

Follow
skram1182

1,297 Posts.

115

02/05/23

14:26

Post #: 67565763
Share

Originally posted by Calle123: ↑

Coincidentally, FebriDx will have it's 10th birthday at that time. Like most ten year olds, it also hasn't generated revenue and has been scolded by the authorities.

From the Cash Flow Report issued yesterday:

1) "Lumos recorded unaudited revenue of $2.0 million for the quarter...."

2) "Lumos generated $1.9 million from the provision of diagnostic test development services and contract
manufacturing during the March quarter...."

3) "Orders for FebriDx from distributors in four European markets remained relatively modest but are
starting to gain momentum."

4) "ViraDx is currently under review by the US FDA for Emergency Use Authorization (EUA)."

and 5) "Cash usage for the quarter of $3.2 million, average of $1.1 million per month"
Why is there talk of either product turning this company around? $2MM - $1.9MM = $100,000 over 3 months. At best FebriDx is generating $34k a month and their burn is 32x that!

Can someone tell me why they are wasting OUR investments on regulatory expenses when other companies are discontinuing their covid related products and there are multiple covid/flu products already on the market?

Expand

Suspect point 4 is the news they are waiting for.
Also may see some type of merge or agreement of LDX with AT1 or Hologic.
Watch this space.

LDX Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

Top Stories

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

FRB

Firebird snaffles Environmental Permit for Jinshi plant

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

There are more pages in this discussion • 30 more messages in this thread...

First 7 Last

Add LDX (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change -0.001(1.32%)		Mkt cap ! $18.04M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.7¢	$16.12K	429.5K

Buyers (Bids)

No.	Vol.	Price($)
1	11294	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	91547	1

View Market Depth

No.	Vol.	Price($)
1	11294	0.037
6	507009	0.036
8	761868	0.035
3	94473	0.034
2	311325	0.033

Price($)	Vol.	No.
0.038	91547	1
0.039	339883	3
0.040	160000	2
0.041	222292	2
0.042	185834	3

Last trade - 15.59pm 10/09/2024 (20 minute delay)

LDX (ASX) Chart

Ann: Change in substantial holding, page-7

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

Firebird snaffles Environmental Permit for Jinshi plant

FBR's robotic home construction tech passes first US early-stage structural compliance check

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Change in substantial holding, page-7

Top Stories

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

Firebird snaffles Environmental Permit for Jinshi plant

FBR's robotic home construction tech passes first US early-stage structural compliance check

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News