BOT got to an 800 million MC with zero revenue.

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RockstarJones

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23/10/24

17:19

Post #: 76267235
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Originally posted by Hawk70: ↑

I'll answer and then stay away for a bit as people probably won't like my view.

For a company to grow it needs continuous growing revenue, yes?

What has LDX got?

ViraDx - to be scrapped after stocks run out

FebriDx - which currently can only be sold in 10% of it's target market and is not exactly selling in huge numbers - a grand total of $1.2 million last financial year.

Under the current IP contracts there is no ongoing revenue after the contracts are completed.

If LDX has to rely on current sales of products they go bust tomorrow.

$1.2 mil doesn't cut it with no new IP agreements.

Thats why the SP is where it is - the ongoing revenue is virtually nil.

Now WE know that there is probably a 99% chance that LDX will get stonking great 'royalty' contracts with Hologic and Burnett. Possibly a huge BARDA contract too.

But until they are signed, there is nothing.

That's why the SP is 4c and that's why much won't change until there is ongoing growing revenue from Hologic, Burnett, FebriDx and hopefully BARDA.

Unfortunately people aren't going to chase after a stock that doesn't have the contracts yet.

Give it 12 - 18 months and everything changes. Hopefully sooner.

I appreciate this post won't be popular, but getting cranky at me doesn't change the truth of where LDX are right now.

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BOT got to an 800 million MC with zero revenue.

LDX Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $20.21M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$23.95K	917.2K

Buyers (Bids)

No.	Vol.	Price($)
2	484543	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	575554	2

View Market Depth

No.	Vol.	Price($)
2	484543	0.026
9	1131448	0.025
1	1200000	0.024
1	40000	0.023
1	23000	0.022

Price($)	Vol.	No.
0.027	575554	2
0.028	350000	1
0.029	54289	2
0.030	221800	1
0.031	236227	2

Last trade - 15.56pm 26/06/2025 (20 minute delay)

LDX (ASX) Chart

BOT got to an 800 million MC with zero revenue.

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BOT got to an 800 million MC with zero revenue.

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