The reality is that they have 6 to 9 months more work to prove up the concept to a stage where it can be commercialised. As a result is still quite speculative relevant to yesterday's announcement.
The market always takes a bit of time to digest the wording of announcements. Many people speed read for fear of missing out and thus fail to comprehend the content. Just ask the few who paid around the 5 cent mark yesterday.
Anyhow the announcement IMO was very positive but plenty more work to be done before we witness the sustained volume and SP appreciation we all seek.
Ann: AnteoTech Developing Multiplex Test for COVID-19, page-262
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.57M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $38.09K | 1.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1505316 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 676543 | 1 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 764931 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| ADO (ASX) Chart |