Delays at a corporate level are part of every business - Firstly although the information has come from those that attended the conference we have no idea of what exactly is going on with BBI and what the delays may be - The data has been successfully generated for BBI and this has an intangible value to ADO as a company as they now have data of value that could be very valuable if handed to one of BBI's competitors - This is why IPO or not etc etc the deal will go ahead with Anteo
ADO is also in a very different position to other biotech companies in that it is not reliant on a binary event for drug trials etc - ADO has a large pipeline of testing customers of which a good amount are very close to signing.IMO
It would be a different story if we were trading at 25cents and BBI delayed as that would have been starting to price in part of that deals future income - We are now back at $110m mcap and have IMO very solid confirmation that POC1/GHC is looking at a 3-5 year partnership and have had a piece of equipment custom made to work alongside them - These developments are recent and add significant value and future value for the company.
I am still of the belief we will have more new deals to discuss and enjoy before the end of this year
- Forums
- ASX - By Stock
- ADO
- Latest presentation
Latest presentation, page-49
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 1.9¢ | $24.34K | 1.215M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1080621 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 0.020 |
4 | 1580000 | 0.019 |
16 | 1271612 | 0.018 |
5 | 807891 | 0.017 |
5 | 1728529 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1080621 | 4 |
0.022 | 255000 | 2 |
0.024 | 531781 | 3 |
0.025 | 406936 | 5 |
0.026 | 45454 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |