ADO 8.33% 2.2¢ anteotech ltd

low volume games, page-47

  1. 122 Posts.
    lightbulb Created with Sketch. 13
    Hi Twin

    After reading your post several times i still don't see your reasoning for minimal revenue from merck.

    If Beckman are a top 10 player who uses Merck beads, where is the revenue?

    And if Merck and ADO make a better bead than Life Technologies gold standard, i would think that after two years some of the other companies supply contracts would have expired, and revenue from merck would be slowly increasing. From what i can remember the last quarterly had the least revenue from customer sales.

    The Merck deal has not made sense to me with such little revenue, I am hoping there is some underlying reason for this which will become evident sooner rather than later .
 
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