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Very disingenuous post. On the cusp of huge orders and sustained good news and you are talking ****e.
Already 10 % below the placing price and looks like going a lot lower despite all the PI's buying. A falling knife atm and I see 35p and then 32p. Should have cancelled the placing but hey ho.
Merchantbanker
This is starting to look like the bad old days when small sales would drive the price down 20%. A deliberate manipulation. This went on for years before covid. I tried to get to the bottom of it and view the register, but gave up due to the cost and distance I had to travel to view it. The registrar allows it if the company agrees to it. This is now far worse as the filthy low life are now doing it on a larger scale. inmv the company and its advisors have made this worse in terms of how this placing has been handled and rns announcement blocking any share price increase.
For me I will almost certainly be scalling back in the future as It has now become tainted. I don't paticulary want another four years of hope being dashed by traders and inept financial practices.This unfortunately undoes all the good work the company has done and may do in the future.
SP got to 31p just on signing the UK RTC agreement. Now with design freeze, Mologic Elisa CE mark and into production and orders, at least 2 regional approvals in including India being 17% of the global population, extension of Mologic agreement from 1 test to 4 including antigen lab and lateral flow tests, supply agreement for 0.5m CD4 tests and cash in the bank enabling production capacity to increase 10 fold.
Still to come: UK RTC supply agreement (expect minimum of 200k per month probably higher), UK RTC test approvals, completion of tech transfer and start of production, Government announcement of flagship testing strategy, potential overseas orders, Mologic Elisa test further approvals and orders, Mologic lateral flow tests into production, approvals and orders, Antigen lab and lateral flow test development, approvals, production, orders, Food tolerance test china self test approval expected any day which will be significant in itself, CD4 further orders and approvals, commencement of new development tests. Could be a few surprises along the way as well. The covid study on T cells is interesting i wonder whether we could add anything there. If scientists start to speak of immunity with greater confidence that will be a big boost for us as well.
If you get them cheap good luck to you, any buying in this range will make a serious return if they pull off a fifth of what they have promised.
You can moan all you like about the share price and those with a negative view or agenda can brag all they like, but fact is this is under priced, the share price is not reflective of the companies achievements and the growth potential is significant and can come from several angles. The share price has driven sentiment here, not the other way around. Bottom end valuation with terrible performance on covid tests is 2-3 times higher than this. Top end range ins 10-15 times minimum on a conservative multiplier.
Yep will have some more if it goes down but time is limited before the shares hit, as you say.
Had some more at 37.99 will do the same when they drop it again.