Does nobody throwing shade have an actual clue what they are...

Does nobody throwing shade have an actual clue what they are talking about, because there are some paranoid, ill-informed and downright wrong statements being thrown around.


There is no 'they'

There isn't a cabal of satanists 'capping the price'

Own your bad investments.



LDX was a train-wreck before Doug took over.

It's name was, and still is, mud in a lot of brokerage houses - still regarded as little more than a joke tbh.

The company is 3 years old, and has one source of revenue that's in it's infancy - FebriDx.

The IP agreements have just started - the Hologic agreement is just the first part of an ongoing collaboration with LDX. It still is nowhere near fruition.



There is a CR at 3.8c STILL ONGOING.

There is little revenue, a small stable of IP agreements, and not much else.

It's valued at 3.8c because, based on the above - that's all it's worth currently.



Things will change when:

FebriDx has a stable run of sales with sustained growth.

The IP agreements move to the next stage of development:

Payments to LDX based on sales and testing of fFn to and by Hologic.

Payments to LDX based on sales and testing of ALT to and by Burnett.

New LDX products come to market.

New IP agreements are signed.



Honestly, people who think that a company with sales of $1,200,000 PA are going to be worth 10c a share are deluded.

Everything is going in the right direction under Doug's watch, and hopefully the sales figures of FebriDx will be enough to get some respect back into this company.
If sales figures are shite, then the SP stays where it is. It's as simple as that.


However - if in the next 3-6 months the sales figures are showing sales of $4,000,000 PA and Doug is able to announce the next Hologic deal, then the SP will certainly go to 10c and beyond.

Thinking LDX is suddenly worth 10 - 15c now, is just as daft as paying $1.20 at the IPO back then.


The lack of reality by some posters about exactly where this company is astounds me at times.