ADO

8.33%

2.2¢ anteotech ltd

I wonder if the TGA question is not more about "We have this...

First 254 Last

Share
Profile

Follow
inv2013

1,017 Posts.

84

17/12/21

06:41

Post #: 58353661
Share

Originally posted by roller997: ↑

Unless I am mistaken when looking at their website, Alcolizer looks to be an antibody test on blood samples as they have moved from saliva samples of BAC tests to blood tests. Antibody tests provide evidence of you having had COVID rather than an antigen test which provides an early marker. Given my limited knowledge in this field my understanding is that testing for antibodies is more useful for establishing who has been infected or who had generated antibodies from a vaccine.

Our test is equivalent to a PCR test with a CT of 32.
This means that we can detect a very tiny amount of viral load that is duplicated 32 times which means that it is about as close to a PCR test as any RAT would be able to get.
I think given the rapid increase in Sydney and Melbourne recently with Omicron not having taken full hold as yet will provide ADO investors with plenty of tests that will be quickly sold out once TGA approval has been achieved.
I am more concerned about manufacturing capabilities than being late to the market.

We did 80,000 tests in Victoria today, 143,000 tests in NSW and 280,000 in Australia. At $80 per test that is $22Mil per day in tests!
Imagine having a test that takes 15 minutes rather than 26 hours (I work in the health industry so my test was a P1 priority) while reducing the cost to $20 per test at $5.5Mil. The test could be used at all Hospitals to provide much more accurate results prior to any Operation rather than relying on a 24 hour old PCR test. They could expand the testing to all medical clinics and the daily tests might rise to double of what was done today before you know it. That type of volume would consume the 32Mil of manufacturing capacity in less than 40 days in a country that has a relatively low population.

From what it looks like the TGA queries relate to the new variants and if ADO can answer this quickly (as one of the contributors has provided some information on), we should get not just approval but some additional cudos for how much better the ADO RAT is when compared to tests already cancelled in Europe and US as they failed to live up to their original suggested specify

We might soon get to a state where Dolcevita makes her money back and the share price will continue to increase which removes the need for less of the repetitive personal opinion posts that add zero value.

Expand

I wonder if the TGA question is not more about "We have this problem of a new variant, will your test help?"
A positive answer may well put us a the top of the list of must have device.
Does anyone know how many other tests work on the nucleus of the virus? As they are our real completion.

ADO Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

VUL

Vulcan appoints investment bank and M&A veteran to board

There are more pages in this discussion • 2,164 more messages in this thread...

First 254 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change -0.002(8.33%)		Mkt cap ! $54.31M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.2¢	$12.59K	542.1K

Buyers (Bids)

No.	Vol.	Price($)
5	487271	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	200000	1

View Market Depth

No.	Vol.	Price($)
5	487271	0.022
4	1066532	0.021
11	1231001	0.020
8	1087236	0.019
5	2061668	0.018

Price($)	Vol.	No.
0.023	200000	1
0.024	653235	4
0.025	1070470	10
0.026	291415	3
0.027	250000	1

Last trade - 16.10pm 13/09/2024 (20 minute delay)

ADO (ASX) Chart

I wonder if the TGA question is not more about "We have this...

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Vulcan appoints investment bank and M&A veteran to board

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I wonder if the TGA question is not more about "We have this...

Top Stories

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Vulcan appoints investment bank and M&A veteran to board

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News