15 cents will play a crucial role as support.
If that holds, we will be off higher on a sustainable basis, provided those clinical trial results are good enough to bring in orders.
VTM interference, as mentioned, is my main concerns. Market will not differentiate between stored and live samples, and it would be an uphill battle to verify results later.
Hence the Indian patient trials to be pulled forward 6 months, wise decision by management.
That should allow to share some early indicators from those trials during initial product
rollout.
Should we break 15 cents, I will be accumulating.
As for now, this is a hold, as we are very highly valued and several contracts are built into
price.
The Ellume raw material income will be gradual and moderate.
This to me translates as confirmation to about 4 to 5 mil in receipts for the calendar year.
Current share price also incorporates about 8 mil tests done in Operon yearly.
Anything less of capacity would see us struggling to hold onto MC.
Anything way above will see us readjusting higher.
This is now a numbers game, less so a speculative game and share price will look for
such indicators once this rally dies out.
all IMO
- Forums
- ASX - By Stock
- ADO
- SP . Price movement
SP . Price movement, page-33
- There are more pages in this discussion • 3,366 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
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
-0.002(6.67%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.1¢ | $9.62K | 435.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3095470 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 620879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1895470 | 0.021 |
12 | 1220502 | 0.020 |
6 | 1576003 | 0.019 |
5 | 1391052 | 0.018 |
2 | 134748 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 516111 | 4 |
0.024 | 1150463 | 9 |
0.025 | 2558871 | 9 |
0.026 | 942069 | 4 |
0.027 | 741858 | 4 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
2.1¢ |
  |
Change
-0.002 ( 4.55 %) |
|||
Open | High | Low | Volume | ||
2.3¢ | 2.3¢ | 2.1¢ | 732014 | ||
Last updated 15.59pm 14/06/2024 ? |
Featured News
ADO (ASX) Chart |