The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Q47: Will ODX make the Avacta AffiDx test for the U.K. Gov? And if so, how long would tech transfer take for this product?
Avacta is not one of the potential partner companies with a DHSC approved lateral flow antigen test that the DHSC has facilitated discussions with.
Whoever asked that, should ask another 6-7 identical questions changing the name of the test each time :)
Better close them shorts Tom or the buy backs going to hurt alot. Anytime!
TWatcher (Tom) - You’re being made to look like a right plonker - give up.
Notice how he tries too hard the more of a plonker he looks. Then uses other logins and names to make it look like others agree with him, so funny. Get the lube ready guys.
They do have the 2m capacity...and that was on time. They have not got confirmed orders as yet as the government need to sign off the relevant test.
Capacity and utilisation are 2 different things.
I have bought more today as 50p is a steal...I will continue to buy at these levels as and when I can...Colin bought at 53p last year so bargain basement imo.
Have also bought at 46p and 53p looking to add more as you say bargain price shouldn't be for long will wait and see GLA
I have bought as low as 42p but as high as 82p and have an average in the 50's.
Whilst the delays are frustrating, the key share price drivers are likely to happen before the kids go back to school.
You have to ask why the govt are loaning more equipment to ODX...its not because they are going to pull the rug from under us...its because they know the skills we have and how we can support the UK diagnostics sector.
EU approval for self use due soon (end of July was expected - could be notified next week). FDA approval end of August into September (expected)...UK RTC approval for self use likely before the end of August....in time for the schools going back. Surely we must be stockpiling for this now.....
It would be great to start getting some momentum on positive news and an appreciating SP......
Gkb47 - it seems you are deliberately trying to out a negative spin with ******s to the 2 million capacity and pick holes. I suggest you listen to the QA again. Agency staff being on tap was a brilliant move on saving costs what with DHSC delaying things.
From the QA:
<<
Took the decision to use Semi-skilled staff via agencies for two reasons,
1. Too lesson the burden on administrative tasks given the number of staff they were bringing in.
2. Allows flexibility with numbers of the semi-skilled staff.
The demand on 2 mill capacity was dependant on DHSC.>>>
I for one am glad Omega didn’t spend money on recruiting perm staff when DHSC failed to live up to their timelines so this is on DHSC not Omega - have a good read of the QA.
Gkb47 - it seems you are deliberately trying to out a negative spin with regards to the 2 million capacity and pick holes. I suggest you listen to the QA again. Agency staff being on tap was a brilliant move on saving costs what with DHSC delaying things.
From the QA:
<<
Took the decision to use Semi-skilled staff via agencies for two reasons,
1. Too lesson the burden on administrative tasks given the number of staff they were bringing in.
2. Allows flexibility with numbers of the semi-skilled staff.
The demand on 2 mill capacity was dependant on DHSC.>>>
I for one am glad Omega didn’t spend money on recruiting perm staff when DHSC failed to live up to their timelines so this is on DHSC not Omega - have a good read of the QA.
Gkb47 all you seem to do on your account is moan like a wet fish. I am sure this particular acc is just for that. Stop being a moaner - you’ll feel much better in yourself.