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The difference between ODX and those companies are ODX were already profitable and cash flow positive. The others all loss making and net cash outflows.
ORPH, AVCT, SNG, GDR even BPC! ... I’ve pretty much called them all although I didn’t expect today’s top up at AVCT!
I have been amazed that ODX have managed to get so far on an overdraft and tax payers money. Happy to say i’ve got this one wrong or not right just yet but holders may wish to download the Primary Bid app and open an account just in case eh!
GL
Trek
I would have thought it be difficult for government funding to be used to commercialise a product as other companies could call foul play or it is giving the company an unfair advantage. If the help you up to the product is made then fair play but to help you sell it and make a profit is not really fair play. I still think news is being delayed because the government wants the glory of releasing this product and they are waiting until it is 101% right so they aren't embarrassed again. Imagine if they had backed the Roche home test? It was telling that Boots didn't want to be involved in that one. I think that the first one to be sold by Boots is the winner; whoever makes it. If investing was easy we would all be doing it! Can't go to the fun park so may as well ride this rollercoaster!
Likliehood is the government will make some sort of upfront payment to secure the tests.
Agree it is govt funded but how far is it funded , i would have thought to inception but not beyond into commercialisation. Anyhows i continue to hold
Which part of GOVERNMENT FUNDED CONSORTIUM do people not understand? What do you think the government are funding if it's not a full package of overhead coverage, including staff, materials costs, logistics etc?
Merchant , i know they have expanded the capacity of production , but its everything else that comes with it. Staff costs, material costs etc . Im not saying there will be a placing just thought it would be useful to explore.
they have already expanded.
I am invested.. however every company needs capital to expand ? Discussion not a deramp.