Seems like people are ignoring the previous advice from the company.
FebriDx was late to the table for the US flu season with the majority of supplies having been contracted in the September quarter so revenue from this product was always going to be on the low side initially with the expectation for this to build into the upcoming US flu season.
It seems to me that LDX was oversold on the quarterly result as they just don't understand the company, it would have been better if they could have aligned the quarterly release and the investor briefing for the same day.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-43
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