ADO 0.00% 2.1¢ anteotech ltd

Have I understood the ADO / Ellume story properly or am I...

  1. 40 Posts.
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    Have I understood the ADO / Ellume story properly or am I missing something.

    Ellume uses Anteo Bind for the test kit
    AnteoBind retails for $622 AUD for 5 mls
    Ellume funding from US Government allows for production capability by Dec 2021 of 640,000 test kits per day
    Ellume test kits sell for US$30 (approx $40 AUD)
    If Ellume could produce and sell 3.2m tests per week and the revenue benefit to ADO was at say 30 cents US$ per kit
    The monthlyrevenue to ADO from Ellume alone could be $3.84m US

 
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