Qld COVID-19 testing kits await local use, page-57

First 57 Last

Share
Profile

Follow
mimmo

2,256 Posts.

416

28/07/21

00:32

Post #: 54823190
Share

Originally posted by Charles89: ↑

I get your point. But if you realistically think about it, what is the point of prioritising TGA approval (back then) when the government were NOT even considering ARTs? As stated many times in previous announcements. Whilst I'd think that the company would have had conversations with government bodies on the possibilities on using EuGeni on home soil but simply shutdown due to preference to PCR tests.

You have to remember, Australia's Covid situation were NOT as bleak 2-3 months ago, therefore the government didn't want/need to respond with ART deployment.

There was a reason why TGA was going to happen just after CE, then there was also a reason why it was pushed back, and now, there's probably a reason why it may be expedited by the company or government or both.

As I keep mentioning, ADO is small enough to be very nimble and make last minute decisions. Who knows, maybe the quarterly will even tell us more about TGA/AU government/Abacus dx discussions.

It's easy to blame and bad mouth management based on what we see on the surface, but they are the ones that knows much more and have had deeper discussions with different governing bodies. So I'd personally give them the benefit of the doubt that they are doing everything they can and doing what's best for our LONG TERM future.

Expand

Agree with all of that Charles.
What I'd love to see tomorrow morning is an announcement for sales in the EU to justify and reward their decision to target the larger European market first rather than chasing what was then a tiny market in OZ.

ADO Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
22 Upvote

0 Great analysis

Reply

Top Stories

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

DMP

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

NRX

Noronex joins forces with South32 to look for copper in Namibia

There are more pages in this discussion • 105 more messages in this thread...

First 57 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$1.365K	65K

Buyers (Bids)

No.	Vol.	Price($)
2	84746	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	620610	7

View Market Depth

No.	Vol.	Price($)
2	84746	0.021
19	2617550	0.020
8	2890767	0.019
8	622665	0.018
4	384160	0.017

Price($)	Vol.	No.
0.022	620610	7
0.023	422310	4
0.024	306228	2
0.025	214144	4
0.027	573112	1

Last trade - 14.03pm 18/07/2024 (20 minute delay)

ADO (ASX) Chart

Qld COVID-19 testing kits await local use, page-57

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

Noronex joins forces with South32 to look for copper in Namibia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Qld COVID-19 testing kits await local use, page-57

Top Stories

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

Noronex joins forces with South32 to look for copper in Namibia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News