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Well.... yes. But it may be a one off act of eejitery. lol
"Si. "... benefit of the doubt"? You called him an eejit first." LOL!
Prefer to give people the benefit of the doubt, initially.
May not know that its bad BB etiquette to do so.
I fricking hate when eejits post a thread title saying RNS when there isn't one.
Just nipped home and saw that and started scrambling about looking for one.
Not big and not clever. :(
Wolfi thanks..
I'm sure Cathal Friel said a fully utilised lab would generate £38 million in Revs..
One part of the slide said lab could generate 5-10 mil in Revs..Then in the Quotient section it says the lab could generate 10's of millions in revs..we know Quotient was a complete bust so they must have allocated space for that project with no returns??
Bronxville - slide 11 of October 2020 presentation answers your Q about lab services
https://www.proactiveinvestors.co.uk/upload/SponsorFile/File/2020_11/1605782051_Open-Orphan-Investor-Presentation-October-2020-(1).pdf
I'd also rename to company Hvivo as Open Orphan (as in Orphan diseases)does not reflect to current direction of the company.
BTW has anyone ever found out what the laboratory full year (Fully booked )revenues are?
I was under the impression it was £38 million but based on 2020 (last 6 mths)revenue it looks alot less
Everything is volatile!!
Day traders are everywhere.
ORPH is far less volatile than most pharma related stocks.
You can't compare Fastnet to Open Orphan..Fastnet was oil discovery and never generated any revenue. With Hvivo he has a real business,he has to quit the BS and he needs to sign contracts tout de suite.
CF states that he wants the share price to grow steadily, yet jumps in with over enthusiastic promises creating the thing he says he doesn’t want (volatility). Volatility then attracts the day traders and it becomes self fulfilling.
He doesn’t need to do this. We are invested for the fundamentals, not the bluster.
He was doing the same at Fastnet and look where that went…
And you're just like your name - not!
What's the chance that the RNS is bad news and that CF issues that type of RNS rather than good news. The price drops and then he buys?
He seems to have got all the bad financial news into the results. So maybe more bad news to get it out of the way. Then the turn around start from here?