Friday, November 8, 2024
21 C
New York

Atomo Diagnostics: Admitted to All Ordinaries index

Atomo Diagnostics: Admitted to All Ordinaries index

  • Atomo Diagnostics (AT1) has had an impressive couple of months since it listing on the ASX in April
  • The listing followed by an oversubscribed initial public offer, which raised $30 million
  • Today, less than a full quarter of trading, Atomo was admitted to the S&P Dow Jones All Ordinaries Index
  • During the quarter, Atomo received a number amount of orders for its rapid diagnostic test (RDT) devices due to COVID-19
  • Due to this demand, the company is accelerating its manufacturing and is aiming to produce around 500,000 devices every month
  • Despite the positive news, Atomo is down 7.69 per cent on the market today and is trading for 36 cents per share

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...
Exit mobile version