The way I think about it is that ADO are much like a farmer who has invented a new grain.
All the science says it is a far superior grain that will produce a better bread or what have you.
But like commodity producers ADO is at the mercy of the markets (sort of like a farmer is price taker) until enough buyers decide to switch and then ADO become the only supplier because of their patent and recipe being fairly hard to replicate. (There was a discussion in the dim past where apparently one of the individuals who invented MIXNGO admitted to some poster that they probably couldn't replicate it).
So to expect ado to have a dominant position to set deadlines now is a bit far fetched
Of course when alere and Philips get on along with a Chinese IVD trying to take market share the pendulum may swing the other way.
I am happy to wait for the deals to unfold and have comfort in the strength of the managements resolve to improve shareholders returns.
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $23.42K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 339684 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 0.019 |
10 | 1338162 | 0.018 |
5 | 807891 | 0.017 |
5 | 1629529 | 0.016 |
7 | 1203869 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 339684 | 2 |
0.021 | 592746 | 5 |
0.022 | 505000 | 2 |
0.023 | 420000 | 2 |
0.024 | 164509 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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