AT1
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4.55% 2.3¢ atomo diagnostics limited

A $10m loss on a company with a $20m Market CapNo meaningful...

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  1. F18FDG
    1,256 Posts.
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    11/09/23
    11:57
    Post #: 69809457
    A $10m loss on a company with a $20m Market Cap

    • No meaningful markets for POC Test ($2m sales).
    • No currently meaningful markets for toll manufacturing POC technologies ($600k sales).
    • No meaningful new products at meaningful stage in pipeline

    Salaries of $5m. CEO taking a package worth $500k+. Chairman with no industry expertise, 13 years in the role, takes $130k

    Dead company walking.
    AT1 Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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