I'm not sure Australian governments will help. Doesn't matter what flavour of politics or jurisdiction, our governments don't have a good track record of supporting new technology by way of purchasing innovative goods. They seem happy to dish out grants but that's about it. I've been burnt in other stocks where government procurement support was envisaged but didn't materialise. Having said that, Australia has a solid track-record of exporting its technology. Ellume is another great example of that, and ADO will benefit. The US has ordered 8.5m Ellume Covid-19 testing kits and Ellume's factory is reportedly being built to produce 19m testing kits per month. While their initial focus is exclusively on the US to provide the 8.5m kits, I'm sure other countries (with very bad Covid-19 case loads) will be lining up to talk with Ellume. I'm also confident the publicity generated will create significant offshore interest in ADO because we are part of Ellume's secret sauce.
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $15.57K | 707.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 89645 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 385723 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89645 | 0.021 |
12 | 2026809 | 0.020 |
8 | 1197237 | 0.019 |
10 | 2275012 | 0.018 |
7 | 1012891 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 385723 | 1 |
0.023 | 541962 | 4 |
0.024 | 154809 | 3 |
0.025 | 384791 | 4 |
0.026 | 158542 | 1 |
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