ADO 0.00% 2.1¢ anteotech ltd

ADO product sales as per 2021 FY accounts were $877kAssume...

  1. 40 Posts.
    lightbulb Created with Sketch. 16
    ADO product sales as per 2021 FY accounts were $877k
    Assume Ellume accounted for 25% of that figure = $220k
    Contract with Ellume was "renewed" at say no better or worse for either company then $220k figure remains
    Lets be pessimistic and assume Ellume given 50% reduction on price of antebind for massive volume increase then reduced to $110k for year
    As per Ellume's announcement of production capacity going from 100,000 tests per month to 19,000,000 test per month = 19 times greater volume
    Then $110k x 19 times = product sales to Ellume alone of $2,090,000
    If majority of $877k product figure sales was to Ellume and current materials selling price remains, then product sales to Ellume could be amount to approx $16.6m.

    It just depends on how optimistic or pessimistic one is with the information to hand.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $51.83M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $23.16K 1.130M

Buyers (Bids)

No. Vol. Price($)
11 2809828 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 646501 4
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.