the market is very suspicious of ado at the moment, and rightly so. BUT we just announced that we are an integral part of ellumes poc designs. ellume announced a deal with gsk (the biggest of its kind in Aust) and a 15m (us) deal with qiagen, that we will be associated with. add the 2 mta involving batteries and the future looks ok. BUT we have finance problems. surely after the diasource disaster, management will have been working on several contingencies if we don't get any upfront payments or royalties in the next few months. this fluctuation b/w 1.7c - 2c is just trading. hopefully we will find out more in the next week after the 4c is released.
ADO Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
