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De ramping twat
lol its hard to imagine the insanity some have
Buy the rumour sell the facts....
You had the intraday 90p and I told all and sundry to sell at 80p as I did but still the rampers continue.....this will finish in the 40's today and any experienved investor knows that full well
If only you had been warned......
Up 19% at start of day......
Hmm LB28, were you waiting for closer to 40p before jumping back in??
You are missing the point about the order level. The key is the production capacity. With 4 mologic tests and 1 RTC they will easily use up this capacity.
There's not a chance they will struggle to get orders with the state of the world with Covid and the lack of quality testing.
It is good business to have flexibility in production mix. It wouldn't be good for Omega to commit the full 1m to RTC and then the Mologic antigen POC tests are ready which could be more profitable. ODX are playing this right.
Lb28 , no one except you expected a big order on df , that was never on the cards today
I expect the games arn't over yet so we could be in for a bumpy ride. We all know where this should be, and there will be constant newsflow to make sure it gets there. This is where the placing lays the foundations as we dont have that rick hanging over any rise.
This should certainly push us into a new trading range.
Lets not forget that only a few weeks ago, our best expectation was that we would produce 200k p/w RTC tests and 46k per day Elisa tests. We know have 2m capacity per week.
Look out for any government comment and tie in with testing strategy.
Mologic updates to come
CD4 update to come
Food tolerance update to come.
Broker valuations from £190m (minimum POC sales) - £920m (full use of capacity)
“..test sensitivity of 100% and specificity of 98.4%” wow! The other countries will take note..
£1
On today’s news we could see a new high by end of play. Following on from the last day of big upside we were heading that way until speeding ticket.