The problem here is that ADO have a supply contract with Merck.
Imagine signing a contract with party A for bulk supply, then another with party B, where they get a cut of sales.
what makes you think that party A will offer more $ than party B, given that Party B has to take a cut of sales?
Any kind of a pricing disadvantage in contract terms would result in them gaining supply directly for party B. So less of a cut for ADO.
That's business.
Or in meme form:
Ellume, page-124
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $83.79K | 3.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2097105 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 209711 | 3 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |