LDX lumos diagnostics holdings limited

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LDX Discussion, page-989

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Quest09

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09/12/24

09:00

Post #: 76965431
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Originally posted by Quest09: ↑

Yesterday's announcement is still currently under rated IMO (announcement shown as per below image). I don't think the market fully understands what it means to have the USA govt reimburse the cost of use for FebriDx.

The current Total Available Market (TAM) for the FebriDx product in the US is currently estimated to be US $118 million dollars per annum (as per below slide presentation screenshot). That TAM is reported to increase to 1.7 billion after the CLIA waiver is achieved (as per blow presentation slide).

The US govt has just endorsed the use of FebriDx to the extent that the US govt will reimburse clinicians for the cost of use for Febridx (as per below image of announcement).

As the below article screenshot indicates: "If there is positive incentive for adoption such as the clinician or facility getting paid, then they will use the product".

Basically, the US govt will pay clinicians to use FebriDx, and the current market size for the FebriDx product is about US $118 million dollars per annum, with plans to expand that market size to 1.7 billion per annum in the near future.

IMO, it is pretty clear that LDX revenue is expected to significantly increase as a result of this announcement.

IMO, LDX is currently significantly undervalued (as per above attached link to previous post).

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Originally posted by Quest09: ↑

Are you looking for an entry. ?

IMO, we are heading UP.

Check out the below link....can't keep a good stock down..

What's more, we are expecting another significant announcement in the very near future (within December). Announcement could even drop monday morning (who knows.?).

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Originally posted by Quest09: ↑

Yeah, fair enough. It's good to plan your entry, but IMO, we are heading up (see the two below attached posts for further details).

Also, yes, i do hold a decent size bag, and i appreciate your concern, but IMO there is no need for concern. I'm pretty comfortable with my position.

I say i hold a decent bag but that is ofcourse relative, and compared to Andrew "Twiggy" Forrest's investment company (Tenmile Ventures), my holding is insignificant. Tenmile bought up big just before the recent capital raise (45 million shares initially), and then i believe Tenmile topped up some more during the capital raise that followed.....so if Twiggy is comfortable with his holding and entry price at at 3.8 cents per share (currently trading at 3.9 cents), then i am certainly happy and comfortable with my holding and entry price.

Additionally, we can look at the top 20 holders as an indication of what the "big end of town" thinks of LDX. Top 20 holders own 63.09% of LDX ordinary fully paid shares, leaving only 36.91% of shares available for everyday punters like you and me. IMO, the proportion of shares owned by "smart money" (63.09%) is a vote of confidence in LDX and is further reason for me to feel comfortable with my position.

All IMO......and as i always say "each to their own".

Expand

It's going to be an interesting day.

We are expecting more important news in the near future (as per second link above).....which could arrive today....this week....or at any time really.

Coming off the back of a significant announcement on Thursday last week (as per first link above) and with expectations of a new significant announcement, i am seeing a bullish outlook.

Onwards and upwards.

=)

LDX Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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