ADO 0.00% 2.1¢ anteotech ltd

I agree that Anteotech cant announce every sales contract placed...

  1. 185 Posts.
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    I agree that Anteotech cant announce every sales contract placed via our distributors going forward. However, announcing details of distributor agreements where the distributor has either paid for a certain number of tests or have committed to selling a minimum number of tests is price sensitive IMO and should be announced to the market.

    On 28 July 2020, Atomo announced that their distributor - Access Bio had committed to sell 2mill units or pay the shortfall by 30 September 2021.

    If Anteotech has made a similar agreement with one of the 3 distributors, apart from being amazing news, surely this has to be announced to the market?

    I suspect we have a similar deal with our distributors waiting to be signed off and announced once Eugeni has been registered in the relevant jurisdictions. This could happen within the month I think.

    Cheers
    Peekay
 
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