The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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All valid points but if FYI government are talking to ODX most days - oDX is one of 3 trusted manufacturers.
The salient points is UK domestic supply was not ready for Moonshot timeframes. We are now transitioning but the gov knows the errors and cant do them again so has to be right.
I am assured as we have all been via Colin that "we are waiting for the government to select a test for ODX to produce"
Its coming and when it does, everyone will be like, damn why didn't i buy down here, after all the company had told us they were in taks with the DHSC regularlyl that they were just waiting for them to select a test, that they have a contract for up to £374M IT WAS ALL THERE but FOR REASONS IN OUR HEAD, we doubted it all
Its just NOISE
Low volume MMs drop the bid - its all NOISE.
And s vacations of £3-5 are all still there.
and thats just the gov
we gonna have SELF test very very very soon
every pharmacy in the uK will be stocking this why as its a UK made self test. there is no other !!!!!!!
USA
EUROPE
Bring it on
The recruitment is a bit of a bull trap for me. Essentially, the gov have provided machines to ODX and are also paying them to have trained staff on stand by, should they be needed, up to Feb 2023. There is a min value in the contract. It is absolutely nothing to the gov. For a tiny amount they get a plan B on standby. Smart money is waiting to see if the gov actually use ODX and as Colin said, even if they do, it could be way less than £374 million. They’re 4 months into the contract now.
Chaps, I'm the same as you and am holding now almost based purely on the recruitment, you would think the staff are being employed to do something at some point. It is frustrating, especially when people pretend they're happy the price is going down so they can pretend they've just topped up again. Even the most ardent rampers must be slightly disappointed at where we are, even though they would never admit it
Quite, Gary....it does feel like that at the moment. I've been holding here since April last year and it's been a pretty frustrating ride to say the least, lots of promise and lots of rampers coming and going.
If I'm right in recalling, the SP is now below the levels that CK himself bought a big tranche last year, so i'm sure this will be frustrating him too.
For me, I'm just focusing mainly on the recruitment right now as i cannot see how a business can frivolously hire so many people without good reason.
Still here, still holding, still (kinda) optimistic.
GLA
It looks like the Market has us exactly where it wants us so no need for the normal suspects to comment.
Bit quiet in here is everyone burnt out ?