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2.0¢ atomo diagnostics limited

At1 was fooled by AccessBio.Dummy Management!

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benlinzm

643 Posts.

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29/10/21

16:56

Post #: 57188130
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Originally posted by danhoff: ↑

they key for me is they GIFTED AccessBio $5mill (AUD); the take or pay should have netted $7mill+ (not in revenue but in operating profit); when they negotiated a $2.4 mill break fee (when it should have been over $7mill) it leads me to some concern in their business sense; now one can 'guess' the guaranteed supply and pricing of the antigen tests (the 20 mill) may recoup that; but who knows; and if we dont happen to sell 20 mill, well, then for sure, you have simply punted $5mill of shareholders funds

now compare the size of AccessBio and Atomo and I am concerned maybe we rolled over

I am hanging in with my last week parcel of shares on the hope there is a spike between now and Jan; spike would be actual sales of the antigen test and the FebriDx approval (mind you, Lumos have changed their tune to 'we hope it will get approved in FY22' - that is pushed back 6 to 9 months

by Jan, the price of Atomo may be back to 20 cents or it may be 45 cents; with no news it will bleed to 20; but with good news it will jump back up; but the company is not at all what I first invested in and I am hoping to exit at least above 30

overall I think the product is good, but the management (and contracts) are very poor

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At1 was fooled by AccessBio.Dummy Management!

AT1 Price at posting: 29.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $12.78M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$2.211K	110.5K

Buyers (Bids)

No.	Vol.	Price($)
1	24999	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	200000	1

View Market Depth

No.	Vol.	Price($)
1	24999	0.020
3	528444	0.019
10	1051446	0.018
3	410000	0.017
2	122561	0.016

Price($)	Vol.	No.
0.022	200000	1
0.023	107142	1
0.024	431111	2
0.025	459000	2
0.026	1690045	5

Last trade - 16.10pm 26/09/2024 (20 minute delay)

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