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
The Revenue numbers could be staggering
Add ADO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $56.77M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $3.939K | 168.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3253817 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1252391 | 9 |
View Market Depth
| Last trade - 13.39pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
2.3¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 2.3¢ | 2.4¢ | 2.3¢ | 645880 | ||
| Last updated 14.26pm 03/06/2024 ? | |||||
| ADO (ASX) Chart |