The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Keep up Tricky - the £75m contract was binned with only £1m being drawn down on due to challenges by the Good Law Project. Their are two £100m contracts sat out there open to tender - it is not a given that UKRTC will get either tender.
Filter me if you want - cold hard facts are that we are cranking up manufacturing and personel but it is unclear yet how that is made up and then, how much money that will actually make us.
Can anyone say with certainty on April 1st what:
- 1m govt capacity - which test + what profit
- remaining 1m - what is that to be used for - 200k for UKRTC maybe? 800k for Mologic maybe?
Etc
Filtered Sneaky. If we get any part of the antibody test? We are part of the RTC and we have agreement to provide 25% of any order.
The Huff Post on Monday 22nd has yet another follow up story to say that we will be manufacturing either or both of Avacta and or Mologic tests according to their sources to entirely replace Innova tests. My guess is that they know more than Sneaky Simon. The clue on his intention is in his name. Not worth engaging with him.
When you say people are selling Sneaky. I think you would have to agree that it is not many especially today. Certainly not enough to take it down to low 80s. But you have 75% stake in here so I guess you still believe. KTF. hope your sell and buy back gamble works out. I did it in the mid 80s last time but had to get back in same day as fear got the better of me as we all know where this is going when the big RNS drops.
Tricky - wasn't giving advice you idiot - SP will continue to drop whilst no news is forthcoming - we know there is massive LFT demand - that is a known. What isn't is where the TT is at, if Mologic test will be approved at Porton Down, which test we will be making as part of the loaned equipment, if we get any slice of the govt antibody test
Fact is, I don't envisage in the next few days that that news will drop - just a theory. I only took 25% of my holding and have already made 5% on NCYT and I am pretty sure I will make a nice 10-20% on it - will then buy back into ODX and happy days.
I have held since April last year and have a strong belief in ODX (hence left 75% in) - all this talk about MM games is pathetic - simple fact is, people are selling as no new news with lots of opportunities elsewhere to make some cash.
I really hope no-one is taking advice from you SneakySimon. We most certainly have had news in the last few weeks as anyone who reads the RNS' and watches the press briefings for cv19 can see very clearly. ODX have signed a contract with the government - to make rapid lateral flow tests (RNS 11th February). This week we heard about the government's roadmap out of lockdown. Featuring mass testing at scale, repetitively in numerous workplaces, educational settings and social spaces: NHS; care homes; universities and schools; businesses and local communities. We have heard those new generation lateral flow tests will be sent out to people to use at home which means they will be MHRA approved for home use. ODX are tweeting that the lateral flow antibody tests will be available through pharmacies. The roadmap specifies that a huge pilot will be set up in April to trial use of lfts to open up sports and social events with a view to allowing big events again by June. Lfts will be used to suppress outbreaks for several years. So we have had quite a lot of news this week haven't we?
Hani, we are subject to an NDA. You know this. Why are you asking questions to which you already know the answer?
Velatastic - I feel the same way, I sold half my shares in this today, what I have remaining in ODX still represents by far the biggest holding in my SIPP and ISA but I felt I had too many eggs in this particular basket and had to de-risk. I may live to regret the decision but I can't understand why the price isn't heading north if it's such a no brainer, something just doesn't add up....I'm a novice when it comes to investing so perhaps I'm out of my depth.
Vel - I have posted it x3 today. c3m delayed buys over the last 2 days. More tomorrow morning I would guess.*
MM's have made a mint out of this share over the last 6 months & chuffers are still at it. Also with * billy big pockets buying in. As I said a day or so back MM's have this in a range like they did when it flipped between 45p & 60p. There are doing is again until we get order confirmation and or contract value.
AVCT up c8% & we are down c5% explain that - I can't its the AIM. I'm in another share & similar accumulation is going on.
Simple facts are - 2 things:
1. no news today and last few weeks have been pretty quiet aside from studies into the ABC-19 test, cute tweets which now have little or no impact
2. NCYT has hit a low and looks great for a move - personally, I have sold some of my ODX to make some money there (10-20%) then will probably buy back here. Risky some may say with news incoming, but we have talked about news incoming for months and still waiting........
Are you on something Vel - thats a clear buy if there was ever one sandwiched in among smaller trade.
Stop pulling the wool. As I said MM have this in a trading range 80p to 100p.
Dropped it and opened the spread people getting mugged into close
Bangbang ,hope it pays off for you .
Been worked and printed. Can get a live price on 50k shares at the moment they want them.
Of course it did not flutter - my bet a tranche of delayed buys tomorrow morning. MM's just moving this where they need to place it to both facilitate the accumulator & ensure churn for they own tills. They will be looking for stops either side of a round number - these are not always placed directly below.
And the sp didn’t even flutter!
Someone happy to buy 102,600 shares at 86.50p.