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Sadly ramping usually occurs from those desperate for a rise to recoup losses...or just trying to cause a spike for a small 5-15% trade.
Have a listen https://twitter.com/jchatterleyCNN/status/1230529831181455361
“ They are clearly under a non-disclosure period whilst they are entering into a JV or being taken over.”
You’re writing that as fact when it’s 100% speculation. Congratulations, you’ve broken the FCA’s rules next to the ‘post message’ button. Of course, the FCA doesn’t care.
some of the ramping here is childishly pathetic.
E.G "clearly entering into a JV ot being taken over"
Come on now that is about the last thing that is clear nor has it been suggested anywhere that sane people gather.
or they would have been issued a speeding ticket!!!!
Off a short pier...Drax!
Oh sorry the question has been answered.
Every day for the last 2 weeks according to the bb. 2:30 pm if not at 7:00 am.
Is the RNS expected anytime
Drax, time for you take a long walk
Sharebel being first mover certainly is a big advantage for us but competition is inevitable. Hopefully we will have established a strong market leader position by then.
What the MM’s are up to , beyond making money on the spread , is speculation but I tend more to the view that it’s extreme short -termism from PI’s that’s causing the drop despite the obvious increasing need for testing. That’s just how some people roll , they are straight on to the next “hot” thing and that’s their right-it’s their money. However I , like many posters on here I believe, see this as a massive opportunity by sticking with this Company who are producing a product that the world really needs.
Agree with your 12:00 post. However, one very important point you missed, - Portable.
Drax is mystic meg he/she can predict the future
merely trying to keep feet firmly on the ground!!
Wow drax you’re so clever and dreamy. You melt go back to chicken molesting.
IMHO DYOR etc etc Ivans
Yes Ivan’s anytime now like any time Today RNS can drop re FDA approval.
It is clear that my projection this morning is more or less spot on.
For those that missed it, I calculate sp this afternoon at around 85p, nearly there!
Getting close to the top again for another day trader rinse & repeat....very likely.
dgbell - ours has already gone to market - competition has only just worked out how to produce a test. Is theirs reliable and as accurate? How are they going to produce, distribute, logistics etc? We are already selling it. The Covid-19 virus hasn’t got time to wait for ifs, maybes here - it’s a life and death situation. We have what they need - cheap, accurate, fast non-invasive easy to do test. Why would countries who can see the spread daily amongst their citizens wait for any competitors to produce? Plus we also have enough funds to produce the quantities needed. IF investors want to invest in shares to help the outbreak then this NO1 in the charts!
MM’s know this - they’re collecting rapidly by trying to bring it down (unsuccessfully) with just over 67 million shares and not many in free float. Furthermore France/Macron is gearing up for the seriousness of the outbreak - of course they’ll use a French/Anglo company test kits!
IMHO DYOR
China fda news due any time
Emergency use!
Sharebel, so the approval process only 1-2 weeks. so, if we assume 2 weeks, then we should get the RNS tomorrow/next week? when did we submit application?
I think they are very busy with orders and production as we are facing a pandemic. It is more important than daily share fluctuations. Once they update the market, the SP will go far over £2.
Let’s stick to facts eh. The official “fast track procedure” is 60 days.
https://www.fda.gov/about-fda/center-biologics-evaluation-and-research-cber/fast-track-designation-request-performance