HGR unknown

vic police roadside testing, page-4

  1. 13,539 Posts.
    lightbulb Created with Sketch. 2708
    Tim,

    Roadside testing is not a core focus for HGR at the moment. Down the track, yes - but now its all about work places and schools.

    According to HGR (see the presentations on HGR's website) no one has yet found 'the perfect mouse trap' for roadside testing (ie a device that is quick, accurate and cheap). So user agencies have to opt for something less than desirable.

    The Victorian Police (and others) seem to have opted for convenience and cost (their current product is close to useless for cannabis detection and is creating a culture of indifference to the testing - as so many get off undetected).

    While oraline is far more accurate than the current product, it is slow (10 minutes). This is a problem and will, most likely, be a product development focus for the new alliance with a US company announced in the recent investor update.

    So, huge potential in the longer term if they can develop a faster test without diminishing accuracy.

    In the meantime there's more than enough potential rewards in the work place and schools markets.
 
watchlist Created with Sketch. Add HGR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.