AT1
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4.76% 2.2¢ atomo diagnostics limited

50% margin ? The product, page-52

  1. Chiller
    2,985 Posts.
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    23/04/20
    10:02
    Post #: 44205462
    "The NG Biotech rapid test is CE Marked for professional use for COVID-19 testing in Europe."

    From the ASX announcement on April 15 headed

    "Atomo receives additional order for COVID-19 testdevicesCOVID-19 test devices ordered to date:947,200"

    So the NG Biotech test is available for use in Europe.

    Number of cases in Europe = 1,168,284

    Number of people in Europe = 741,000,000

    Seems like a good opportunity to me for sales in Europe alone.
    AT1 Price at posting: 44.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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