ADO 8.33% 2.2¢ anteotech ltd

a little chatter with u guys on these deals.Ado went from 0.01c...

  1. 658 Posts.
    a little chatter with u guys on these deals.

    Ado went from 0.01c to 0.09c on the euphoria of the 1st commercial deal with Bang earlier this year. sp then fluctuate within the rang 0.04-0.07c, in between Ado also signed up with Merck.

    both this are deals are within the Beads manufacturers sector, which according to the company, is forecasting a potential $5-10M in 4 yrs+ time (from earnings off royalty 10-20%).


    imo, re rating way more massive would be in line when Ado announces deals with any of the point of care or IVD suppliers (to my knowledge, IVD suppliers are in a much advanced stage so fingers crossed)

    e reason for a bigger re rating is due to the significance of such a deal. IVD pathology potential annual revenue in 4 yrs+ is in the region of $60-180M. this projection very much over shadows the one provided by the beads manufacturer.

    a deal with one of these (Roche, Siemens, Abbott, Ortho, Beckman, BD, bioMerieux, DiaSorin) will definitely put a rocket to Ado's sp, no doubt.

    although i wouldnt mind seeing Dynal being signed up too, what are ur tots.

 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.002(8.33%)
Mkt cap ! $54.31M
Open High Low Value Volume
2.4¢ 2.4¢ 2.2¢ $40.20K 1.786M

Buyers (Bids)

No. Vol. Price($)
2 386453 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 248196 1
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.