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With a population approaching 1.5 billion, it’s fair to say even if they make their own, and even if it is a similar standard, the demand is likely to be far higher than an individual supplier can provide. Therefore this market alone presents immense opportunity for Omega to max out production/supply.
Stick to posting mail pal. You’ve missed that chance imo
For sure India could produce their own test but I can promise you one thing, they will never be able to reach the accuracy that Omega can offer. I don’t think countries will cut corners when it comes to matters such as life and death.
Jealous of the people that have invested below 40p I must add.
And from what someone said earlier physical stock out there Indians love that touch it = buy it dyor
https://www.dailymail.co.uk/news/article-8524707/India-sends-375million-people-lockdown.html
India is going to need all the tests it can get its hands on. But it will try to avoid buying from China if it can. And we already have approval to sell in India.
Yep I did sell out yesterday. But what narks me is that if your post is slightly negative, you get jumped on this is obviously a discussion board , whether it be positive or negative. We all have our views . For your information I may even buy back in but at a lower sp IF it gets there mid 20s , only for a quick bounce mind you .
350m in USA
1.2bn people in India
Their first covid test was created in May. Covid is out of control there. They do group tests there not 1:1
Yeah sure India is meeting the demand with home grown tests.
Same way UK has met the demands with errr how many companies?
Posti, what’s it to you? Didn’t you sell out?
USA also have a HUGE pharma bio sector.
Guess what. They have more than one company that is providing tests.
Are you daft or trying your best here?
They are in talks with75 other countries lol , what does that mean ? That they've sent out a ODX catalogue out to these place . Smoke & mirrors don't be taken in .
Any company that wants to impress their investors would obviously mention India
Brazil etc , the virus is rife in these places . India WILL have its Own home grown test in place ! You can bank on that, they have a pharmacy on every street corner , there pharmaceutical sector is booming . Not to mention Trump & the yanks were begging for the drug hydroxychloroquine to be shipped out to them from India !
I think we have all underestimated the potential here. Product has already been shipped to India and we are in talks with Government (reasonable inference from presentation). CK mentioned sales potentialy from the end of July.
I suspect an order in the magnitude of millions is less than two weeks away. Surely that would rocket the SP over 80p, closely followed by UK Gov supply agreement. This has £1 short term written all over it.