Morning SkHammer -
ADO announcement yesterday was not so much revenue based but a smart way of extending the reach of MixnGo.
One of the things I like about ADO is how they well they manage their cashflow.
This deal basically extends ADO's staff base by having a US lab with scientists using Mixngo but without the cost of extras wages and One World Labs already have some high profile partners with Life Technologies being the biggest.
The real meat in yesterdays announcement was the following sneaky comments added to the One Labs announcement :
"There have been pleasing developments in both of the paid Point of Care projects mentioned in our recent
Appendix 4C. The Scope of Work for the first project has been significantly increased and legal approval has
now been received from lawyers in the second project and work can now commence."
The POC deals will see shareprice multiples of current levels as these deals will be with GLOBAL HEAVYWEIGHTS
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Morning SkHammer - ADO announcement yesterday was not so much...
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