if you run a projection of cash on hand and average revenues received for both services and products, then they are likely to have another CR by end Q3.
That’s probably why it was dumped.
Outside of the services and products averages they have made and even with a 100% increase on March quarter revenue, there is only a guaranteed $600,000 in revenue to come in from Hologic and BARDA given Hologic payments will be delayed an additional 4 months.
LDX Price at posting:
3.1¢ Sentiment: None Disclosure: Held
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