hmmmm... I am a little confused why anyone would think this news is disappointing? This new access increases the potential worth of our involvement in terms of development fees, licencing fees, and possibly even royalties. Not to mention, the real value, which comes from opening the door to potential inclusion of our technology onto a biosensor platform that could be used across multiple diagnostic assays for this system in the future.
For example, given that our involvement with a single troponin assay for a single component could reap revenues in excess of $10,000,000 pa, does anyone want to hazard a guess to what our inclusion into multiple components across multiple diagnostics assays could be valued at???
And what I find even more important than the increased cash we may earn, is that our scientists have been granted the freedom of unrestricted tinkering. This freedom is very important, as it increases the ease and statistical likelihood of our scientists developing lab equivalent assays (or better than lab equivalent).
This is a huge milestone achievement. Congratulations to our scientists who have been working crazy hours on this project![]()
Disclaimer: just opinions. DYOR.
- Forums
- ASX - By Stock
- query
hmmmm... I am a little confused why anyone would think this news...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEU
Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
NEWS
Is oil undervalued?
Add ADO (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $23.42K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 339684 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 0.019 |
11 | 1488162 | 0.018 |
6 | 829891 | 0.017 |
5 | 1629529 | 0.016 |
7 | 1203869 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 339684 | 2 |
0.021 | 592746 | 5 |
0.022 | 505000 | 2 |
0.023 | 420000 | 2 |
0.024 | 164509 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |