ADO
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0.00% 2.1¢ anteotech ltd

supply and royalty

  1. Sagar
    139 Posts.
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    28/05/11
    18:48
    Post #: 8465464
    From latest presentation:

    "ADO is currently working on SUPPLY AGREEMENTS with leading global IVD players."

    I am a bit confused and not that much enthusiastic about only "SUPPLY AGREEMENTS" in regards to earnings for ADO, although it will undoubtedly validate the technology in a new higher level. My understanding is that only supply of "Mix & Go" will not bring any significant revenue for ADO. Main earnings will come from royalties.

    Could someone knowledgeable in this sector please explain this issue?
    ADO Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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