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I mean 38p Lol - 48p - i wish
Crap as it may be - its just saying hindsight is a wonderful thing - if i had that i would have sold at ATH and bought back in today at 48p - But its th real world - The open offer invests in the company that WE all support and its this capacity that will drive the SP price up
Without the pacing and investment we'd be looking at less that half the capacity - its not rocket science to do some calculations
We are all feeling a bit knocked around - but if you believe the fundamentals and that orders will follow you will be OK in the medium term - just deal with the bad weather and fingers crossed the Sun will follow the rain
"
In hindsight id have the correct lottery numbers. Relax - yes share price has dropped but the OO finances increased capacity and its there we will see value"
Crap analogy, a few hours before but off we were just a few percent above the oo price, we know that mms like to mark down on any negativity and we know some would sell. I had the info at hand, it was reasonable to assume the oo would not be hugely beneficial at that point. I was leaving it, but just went for it in the end.
Entirely different from a one in 30 million lottery shot or whatever your analogy refers to.
Anyways, hopefully close to its base to build up from. The other covid\pharmas have been doing the business a little bit which takes any edge off. If they could all just do it at once. And eua, let's do this!
Things are uncomfortable at the moment. But just remember the most significant thing is they are expanding capacity to 2m tests per week. Capacity is where the value is to monetise the products. They don't expand like that if they are not confident of using it. 2m tests per week even at the least profitable product mix, would give them an annual profit in excess of the current MCAP. We are realistically 2/3 RNS away from this.
In hindsight id have the correct lottery numbers. Relax - yes share price has dropped but the OO finances increased capacity and its there we will see value
Alan,
its one of those things mate, im not aiming for a 100 or 150p target, ill be happy with 60p to break even and then re-asses the situation then. If it means i have to hold for a few months so be it.
In hindsight should have ignored the OO like I first though.