LDX lumos diagnostics holdings limited

LDX Discussion, page-1058

  1. 5,882 Posts.
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    This is why I am baffled (I think the management of Lumos are also baffled). We have a earth shattering, simple, useful product. It is a approved in many, many countries. It helps patients, it helps 'the world' (antibiotic resistance), it is not expensive. There are millions of 'settings' around the world it can be used. But nobody is using it.

    To unbaffle myself, I would analyse where the product is actually being purchase (even a little) and see how sales can increase. If the product is not being sold at all to some places (jurisdictions and distributors) then WHY is it not being sold.

    The idea that every three months our management 'look at the books' and say 'oh, we did not sell any, we will look again in another 3 months and see, baffles me'. They can save a lot of money if they fire all the sales and marketing people. Why pay salaries for staff that do not do anything.

    How is it possible this product does not sell. Long ago, I asked why do we need 50 million 'outlets' to make sales when there are no sales in the current 5 million outlets. If we sell ZERO into 5 mill outlets, we will sell ZERO (x 10) = ZERO in 50 mill outlets.

    It is like them giving me the distributorship to the ex-earth universe. Then they can say there a billion upon billions of planets they can now sell into.

    Main question. Why is no one buying a product that benefits the patient and benefits the earth. I am baffled.
    Last edited by danhoff: 15/12/24
 
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