Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Because it validates the test to then be sold direct to the end user, it doesn’t need to be administered so anyone can then buy one and do what they want.
If rules are then in place to keep society, work going which involves a test then one can get taken by the end user and move on. Instrument tests obviously can’t be self administered
Why is mhra so important???????
Some how think we have placed an update deadline on tomorrow based on the trading update tomorrow night? That’s shareholder deadline not the companies based on if they don’t have that update what momentum is there?
Fair question, won’t be that much. So tomorrow or Wednesday up to close we could get an update on several areas, so will the sp increase these next two days on positIve momentum or not?
Everything placed upon a date, I’m happy on the basis MHRA comes whenever and we then deliver. These tests and non instrument tests take far longer to deliver than the current more expensive alternatives and of course once available the benefit outweighs the rest, so are they worth waiting for?
Maybe they have been exposed to covid. A bubble needs to be created . So that they can carry on and manufacture tests. For all of their products
Sort of mt position - not sure if it was impatient or lack of belief - but i pulled out before it even hit £2 (at a reasonable profit) dont i now wish i had indeed sat on my hands - I really believe in ODX and hope i get another chance (think I will) and I'll not sell until im close to £5 per share - I hope - despite all the people saying thats not possible - it very much is possible - who thought NCYT would be £12???
A perfect example of this is the consolidation of Novacyt over the summer months, trading within the 200-350p range, a lot of traders/investors did the research, understood the value in Novacyt and the potential, but lacked the patience to sit on their hands and watch their investment come to fruition. With investing, not only do you have to get the investment right, but you need to hold your shares long enough for the market to recognize the same value that you believe the company has.
And that is where we are at with Omega, the company is going from strength to strength, expanding capacity, bringing their portfolio of tests to the market and getting government orders. We don't need MHRA approvals here or design freeze, we only need patience.
I’ve been in tons of shares for years and experienced the ups and downs, no people involved, huge numbers investing and back down again.
Shares have momentum, mostly at the beginning, then attention drops off, people leave, post less which seems now the case with odx.
Waiting long enough? Time to move on?
Seems odx is starting to go quiet, sp settles, some move, etc etc. Quite often at this point is the time when it does well, settles for a while, then starts to improve. Can have years of down time, everyone leaves because of those immediate expectations but the company chuggs away in the background.
The six month won’t be anything different to before, it’s all about five tests being developed for the future so which way will investors see it?