Ann: Cellmid Signs 10 Year Chinese Distribution Agreement, page-8

Nice to finally see the type of announcement we all like to see and I will be interested to see how it plays out.

If the Covid announcement earlier this year, along with its related capital raise of course, was enough to add 200% to the share price basically overnight ... then this type of announcement should make the SP rattle up 300% (and more) in pretty quick time. Importantly, it should stay there and kick on once the numbers start to come through.

The Covid thing was a dud (in my mind anyway) because it seemed to be more about getting $6m onto the balance sheet - than it was to test people for Covid. Whereas the announcement today is related to its core business - and shifting some serious product....and then hopefully inflating the earnings ledger!!