The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Whats going on here? Just checked in and hl saying price has just jumped from 1.2p to 10p
Is it a boom?
Wait for the price drop. Its on its way :(
Doesn't look like a 1: 10 consolidation?
Just read it Alarno. As you say, nothing new.
Business update has been released. Nothing new but good to here from the board.
blood testing is not a niche. private blood testing sector will come up heavily from my perspective. NHS needs to outsource this stuff to the private sector otherwise it will totally collapse.
Just wait an see. And don't forget that there is already a market of nearly 60mio blood test per year done by the private sector. That's only 10% of the whole market.
The reason for the slower growth of the network has be the NHS topic. Some of the pharmacies only want to work with a NHS listed and proven partner. I thought this is through.
This thin g will ramp up until the end of the year. Give them until September to set everthing up for the year end sprint. And there is still a lot covid testing in the market especially for tourism.
That's the hope I'm sure....however, some way off that.
Unless the NHS was to out source because it is cheaper?
Alarno. The reason the blood tests are not the success they thought they would be is because no-one has any money to splurg on private blood testing when you can get it for nowt on the NHS. The reason the covid testing was so successful is because people were forced to test if they wanted to travel. No-one is forced to take a private blood test. Very little appetite for this sort of thing in the current climate. Watch this space for a sudden change in direction once more. Sell all the assets, fold the 'company' and give us all a bit of our money back would be the best bet.
Bloods are not the niche that they thought they would be. Thats why we are still on 235 clinics. If the money was coming in we would have scaled up quicker. Unless I am wrong and we have a corporate client on board that is waiting to be announced.
We definitely need a new direction now that covid has slowed. Will blood tests be our new niche? Definitely isn't CBD anymore. Not a mention of money generated through CBD sales.
trading will be suspended until the beginning of next week.
During that time there will be the RS and the move to Guernsey. Have a nice weekend.