The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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This is Paul's (Walbrook) explanation of the end of the MoU
When the MOU ends the Company can either choose to renew the MOU or move to a more formal agreement, which is what we expect.
MHRA self-use approval would apply for the test across all of the UK-RTC members.
There is no MOU with the Government. The UK RTC are seeking to establish a supply agreement with the UK Government. It is only when the terms of this agreement are researched that it will be clear what options the UK-RTC will have to commercialise the test beyond that supply agreement.
Re-reading the MoU Paul is correct there is no MoU with the government - re-reading the RNS it was between the four companies and Oxford University so that was a misunderstanding on my part.
Thought it was the 8th October.
Six months from 9th of April.
http://www.omegadiagnostics.com/Portals/0/RNS%20MOU%20on%20COVID-19%20Consortium.pdf
Ton1c, The less said about the ELISA the better.
Why are gov taking this to the last minute? MOU expires end of Sep.
IPhone stop bedwetting. If you haven't got the balls sell up today, otherwise wait until the next rns, Monday by the looks of it. There's too many people invested in aim who continually think they'll double their portfolio every afternoon. I've waited 6 months and 6 more days is fine by me.
£250 mil order for Novacyt, where the f are our orders?? we had Mologic antibody/antigen tests out for months now
I disagree here iPhone.....waiting for either an investor presentation or RNS update could make investors both nervous or actually buoyant. We have an idea on what's going to be in the presentation, much the same as we have an idea on what's going to be in the next RNS. IMO, it's a more personal way of communicating with us and i like that.
GLA
JAdam - I tend to agree - although negative feelings even infect me to a degree - so i get the general sentiment. We keep hoping X or Y is a pre cursor to great news but it doesnt come - just rumor. BUT - Im not for turning - Ill continue my hold and keep my fingers well and truly crossed - for what Im reasonably confident WILL come - although with my benefit of hindsight - wish id done some trading on this - Id have more than double my holding by now - but i generally get it very wrong lol - buy at the top sell at the bottom haha
Why ANOTHER investor presentation?
We had one 2 months ago. ?????????
Colin could have made it easier with an RNS update.
But this has made a lot of investors nervous. Wrong move
I enjoyed buying on the fear this morning... wasn’t even sure what there was to fear. What happens at NCYT has diddly squat to do with ODX.
As MB has pointed out the likelihood of updates prior to the investor presentation is high too.
All good stuff.
probably be blue later...news here due pretty soon
The MM's are definitely using positive news elsewhere for a shakedown here. I hold both ODX & NCYT & will continue to hold here as I believe the home antibody test will be a huge part of testing in the future. So many hoops to jump through on Government contracts but we must be nearly there now. Hold hold hold. ODX will have its day.
They may end up releasing news of orders before the investor presentation then they are able to discuss it further and promote it at the presentation?
agree, I wont be selling a bean but it is frustrating. What on earth is the hold up...no news on any front seems very odd and I agree that investor presentation is pretty pointless if we simply going over the info we already know at present?
Where is our huge Contract? Now is the time to be announcing news to maximise gains for Shareholders.
MM's having a great laugh with some shares today.. i wouldn't have a stop loss on any Pharma today. At least Dick Turpin had the decency to wear a mask. :-0
BB in meltdown this morning , where’s all this negativity come from today? Everyone switch off and come back tomorrow, hopefully all the fake news and negativity will have passed on to somewhere else.