So Hologic putting in 10 million dollars of money is a red flag ? Mate Facebook went down to 90 dollars in the last tech sell off and today is trading above 500 dollars. So share price in short term means nothing. A company needs time to build up there products and for me atleast Febridx is a useful product and POC blood tests are future of healthcare. If you remember Theranos they were also trying to make a POC blood test system though it was a fraud , market gave it a valuation of 9 billion dollars at one time. We ll see how Lumos goes but i feel this company can have valuation of hundred of millions of dollars in coming few years. Good luck.
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So Hologic putting in 10 million dollars of money is a red flag...
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