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200k a week reflects the original agreement. The new money means they have capacity for 2 million a week. Information already in a previous RNS.
It would defo go up LOL...
With almost another 11million £ in the coffers, the company should be able to produce more than 1/2 a million tests per week . I believe they have taken a conservative stance by stating 200k/week by the end of September . Just take a look at NCYT I think they are touting @ 10 million tests per month . We have 2 plants & a stack of cash , can’t we do that & then there’s the Antigen tests . We will be getting news of orders for our molgic kits soon enough after this placing lark is done .
Ime not taking up my offer as it’s a drop to my current holding. However if it goes further south I will be seizing the opportunity. Best too not look at the sp for now .
P
sub 20p?
Down 6.5% at the moment??
What the hell would happen on any bad news?
We had great news yesterday and the cheeky market makers try and fuk us. Cheeky (unts.
Liquidity ratios I always watch. Fuk them feed them rice.
The market makers are fuked @39p. Money talks.
The stock is worth £9 a share.
Come on thats take her down to 39p. The market makers are full of debt.
DF did not confirm the really important differentiating feature of this test that Will make it a blockbuster. Namely, that it is highly accurate when used by Joe public jabbing their own fingers at home? Until that case is proven then there is still a lot of risk, at least from the RTC income stream
The market makers liquidity ratio is weak. Thats take her down. Money talks
DF did not give us the SP uplift that many of us expected, mainly due to placement.
However, there so much going for this company for it to not have a significant rerate. I wonder what the spark will be? Mologic update or UKRTC orders? Be in no doubt it is coming and very soon.
I must say, I have been really surprised with the latest price reaction to recent news. Yes, falling SP has been painful to watch. I can totally understand the pain of traders who can't keep their money tied here for longer and had to sell and take the loss. Fortunately, it has provided an opportunity to those who can wait and add to their portfolio. I must say, I have kept adding over last two weeks and happy with the number to sit on for next six months to see how this pans out over the winter. I will take my offer at 40p of 6714 shares and asked for 10K in total.
COI: Not sold any and added more. Not far off Piper's holding. :)