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It doesn’t matter if the tests they carry out is accurate or not, the only thing that will matter is that they have taken the steps to show that the event they are putting on is COVID-19 safe and in line with the government’s recommendations.
If you told a premier league football club that as long as they can provide 50 thousand fans with a test and if the tests come back negative then they can all attend the event, the football club is not going to say no, they will look to see who is on the government approved list of contractors and ask them to supply them with the tests.
There is already a growing number of people who don’t take Covid-19 seriously, they don’t believe they will get covid and will end up dying or becoming dangerously ill, people just want to go back to their lives before covid, so if that means having to take a test so they can enjoy a night out without getting fined £200 or getting hassle, they will pay it.
There will always be a need to manufacture a test on a mass scale and a test that is available at a days notice.
Once ODX has filled the order, it won’t matter to them if the event goes ahead or not as they will have banked the money, it will be up to the event organiser to sort out the logistics.
In regards to the share price discussion, the ODX share price has not fully reached its peak in my opinion, the share price has only just come alive in the last 6 weeks, the vast majority of people which I would say is 80 percent should be either in profit or have broken even, 20 percent of the people may be down or close to even, it’s up to them to decide for themselves if they want to hold and wait, or cut thier losses if they believed they have made a mistake.
I don’t know what the big fuss is about, you will always get people who end up with losses, it happens with every stock listing.
You want to go to a music festival, as part of the ticket price is included a LFT test. You queue up take the test and if negative get to spend 3days drinking, listening to live music and partying with friends - sounds like a no brainer to me.
And to be sure you're not going to get all the way there with your car fully loaded then fail the test and have to come all the way home, you purchase a LFT a few days before and check yourself at home. If you pass, happy days and if not, you know there's no point going to the festival so you claim your money back.
This is how things will work this year at least in my view
I’m not deramping so don’t get your knickers in a twist with this post but I do find it funny that £2 gang are now saying May - August now.
This seems to move back every month!!
It was gonna be £5 in April last month!
May is also my test position, We should be at £2 or greater by this timeline or close.
Review then and see where #ODX is heading, there is just so much potential in this company its frustrating to see us at less than £1 currently.
There are many sports, music, pub and club events that promoters are desperate to put on, they want to fill up venues to maximum capacity, even after the whole of the U.K. population has been vaccinated, I can see a future where event organisers will be testing customers as they come in or posting out tests for them to take at home 48 hours before the event as they will not want to take the chance of an event being called off and they lose money, they will most likely add the cost of the test to the ticket price as a condition of entry and some will promoters will try to make a profit on selling the tests also.
I would very much like the SP to be around the £1.20 mark and be rising by 30p every couple of weeks if it won’t sky rocket to £2 early morning.
I am going to hold and wait till after May 2021 as by then all most of the cards will have been played and the we will know by then what the true price of the share will be.