ADO 0.00% 1.9¢ anteotech ltd

affymetrix, bangs & merck deals, page-39

  1. 7 Posts.
    Apology accepted.

    Thank you posters. The forum has restored my faith in a fair go for all opinions.

    Having reread the companies reports over the last year Ive changed my mind about ADO and decided to hold onto the stock rather than seek a stag profit on an announcement. Why not give it a year or so and see where we are at this time next year. These things take time but another year at this stage could be well rewarded.

    Qns: 1.Does anyone know if the company has spent serious money on the development of products other than Mix&Go?
    2. The Abbott Govts announcement that the proposed medicare service co payment will go towards a potentially $20B medical research fund would be a boom for a company like ADO. Massive potential in Australia to carry out world class medical research and for a company like ADO to develop world class applications.
    My question is: Does the forum think this pot of money would encourage ADO to develop their own applications or is the company focus merely on helping other companies develop theirs?
 
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