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Atomo Diagnostics Clarifies Recent Trading Activity Amid New HIV Test Kit Order

Story Highlights
  • Atomo Diagnostics specializes in rapid diagnostic test kits, focusing on HIV self-tests.
  • The company addressed ASX queries, noting a new order for HIV test kits but no undisclosed information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atomo Diagnostics Clarifies Recent Trading Activity Amid New HIV Test Kit Order

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Atomo Diagnostics Ltd. ( (AU:AT1) ) just unveiled an announcement.

Atomo Diagnostics Ltd. recently addressed a price query from the ASX, clarifying that they are unaware of any undisclosed price-sensitive information that could explain the recent trading activity in their securities. The company highlighted a recent purchase order for 65,000 HIV Self Test Kits for Ukraine, funded by USAID, but noted that the estimated revenue from this order does not meet their materiality threshold and thus was not announced on the ASX Market Announcements Platform. The company confirmed compliance with ASX disclosure rules and that their board authorized the responses.

More about Atomo Diagnostics Ltd.

Atomo Diagnostics Ltd. operates in the medical diagnostics industry, specializing in the development and supply of rapid diagnostic test kits. The company focuses on providing easy-to-use testing solutions for various health conditions, with a notable emphasis on HIV self-test kits.

Average Trading Volume: 2,027,031

Technical Sentiment Signal: Hold

Current Market Cap: A$17.82M

See more data about AT1 stock on TipRanks’ Stock Analysis page.

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