LDX lumos diagnostics holdings limited

well there you go; management simply lied re the robust uptake...

  1. 5,801 Posts.
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    well there you go; management simply lied re the robust uptake of product; I really am dumbfounded what to think - why does not anyone buy this product; that will be the question to the AGM, why does no one buy FebriDx. And you hung the future of the company on selling this product.

    Now why would 'somebody' buy it in the future
    Why would BARDA give money into a product that nobody buys

    The answer is NOT "there are 5 mill places that can use it now, world wide, but we really need 50 mill places - because those 5 mill current places are dumb and wont use it, but we know those new 45 mill places and smart and will buy and use heaps"

    I really feel our management are not the sharpest tools in the shed. They seem bafflled at how to market a game changing product.

    Now, this all said, what is Lumos worth if they sell no FebriDx. I was angry they pitched themselves as mainly FebdiDx, and ignored their services side. Now how can we believe anything they say... if robust is not robust. And uni students are a class of 30 somewhere in the bush, then what does anything they say mean.

    Wow. I been duped!
 
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