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â Surescreen employ 10-50 employeesâ
They donât. They have over 300 field testers and a presence in 40 countries.
Why should it be about confirmed.orders to lift share price GDR seen a 300% jump over it's distribution deal and we still don't have numbers it's sentiment that will get this to break through ÂŁ1+ before numbers even hit
Surescreen employ 10-50 employees (LinkedIn). They announced on the 8th Feb (BBC article) the deal would create another 200 jobs to service their 20m contract announcement with the Government.
Feb 8th FT article: âGlobal Access Diagnostics, which currently has 70 employees but is planning to hire another 210 by April.
It aims to expand its annual production of lateral flow tests from 40m to 250m by early Mayâ
ODX announced 5th March (Twitter) they would have 250+ employees by April.
Surescreen and GAD head-count gives a rough idea of the contract award size confirmed by ODX on Feb 11th.
Thatâs not even before a slice of the new ÂŁ8billion tender is considered
http://bidstats.uk/tenders/2021/W09/746193438 )
GLA
"Any company taking on a massive demand for a product and virtually starting from scratch is almost certain to encounter problems along the way"
Not saying they will not encounter problems, but they are one of the most experienced diagnostics companies in the UK.
The level of compliance and knowledge required to even be in this market is massive, would take years for anyone to start something like this up.
I think their problems will likely just be growing/personnel type problems, but they are not starting from scratch, they have been producing this type of diagnostic test for years, just different composition in the chemistry, but the same type of process.
The fact we are one of three approved UK companies, and that the barrier to entry is SO high means we could be in for a large slice of the action!
Aberdeenman
Still bullish but realistic as well. The future SP will depend on confirmed orders and if they do come realistic profit margins being achieved. Any company taking on a massive demand for a product and virtually starting from scratch is almost certain to encounter problems along the way and AIM shares are incredibly sensitive to good and bad shares.
We all wait for the game changing RNS but that is not a guarantee of the massive rerating some seem to demand.
Omega Tweeting "Big things coming" stating massive ramp up in staffing, 8 Billion GBP tender for LFTs, free LFTs for all companies from today....
Never looked so nailed on for a rerate. Trolls are pi55ing in the wind here quite frankly :-))
Why tweet âget your free testsâ if your competitors are making them and not you ?
Wow what a week we have coming.
That's a lovely bit of news for the weekend everyone! What a great decision we made to invest in this super duper little company, about to start it's journey to become a much, much bigger company. Ethical investment at it's best. No-one gets left holding the baby, great returns for everyone and life changing for those that really backed the winner. Saving my celebration till the markets open! GLA
Agreed ....and methinks institutional investors will soon latch on....as far as Im concerned. my added revenue stream in old age.
I agree, every company making tests will do well. Omega will sell everything they make for a very long time.
https://twitter.com/OmegaDiagnostic/status/1368151027908743171?s=19