I just put a question to the CEO Geoff Cumming with regards to the figures on page 10 of the May 2011 presentation
http://www.bio-layer.com/pdf/ADO%20Company%20Presentation%20May%202011.pdf
Where it talks about what ADO is worth "600 million market opportunity for ADO"
He texted me back with
"I am overseas at present.
The figure is an estimate of the total annual returns possible ie they require us to get 100% market share.
My current thinking is that those figures understate our potential market.
What share we are able to achieve is difficult to estimate but, given the disruptive nature of the technology, we are optomistic"
Well after that reply I continue to remain OPTOMISTIC!
ado heating up in august, page-2
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