ADO 8.70% 2.1¢ anteotech ltd

company making news, page-102

  1. 812 Posts.
    lightbulb Created with Sketch. 590
    Gregmcsnossage.
    In adition to what you have said, Geoff also said that either POC1 or POC2 (now know as Alere) will result in greater than $10 million income to ADO.

    The beauty of Alere, is they are the Worlds number 1 in their space, with sales relative to M&G of between $1-$3 billion with products in the market place that only need the addition of M&G.
    These products are already the market leaders and with the inclusion of Mix N Go, we just clip a bit off each one starting mid 2014, with estimates from $10 million (Geoffs conservative estimate) to $150 million for our share.

    The market is slowly understanding the value here.
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.