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Should see this bounce back to today’s highs!
The rise was due to the sky interview making it clear that this project is coming into fruition!
The RNS confirmed its going into fruition.
Any speeding fine will cause alarm at first but once digested all the RNS actually states is that “we will be manufacturing” the test!!
No dont think so. Not until it is clear how much of the consortium tests are due to Omega. Lots of other testing stocks that own 100 per cent. What I can guarantee though......a lot of volume and the price flying all over the place. Many will get out at break even if they bought this afternoon. Others will get nervy in case something else turns up. Then there will be some who just charge in. Its going to be an exciting day. Show starts 8 am ....dont be late!
So 4 consortium partners
Abingdon health approx revenue 2m
Bbi approx revenue 38m
Oxford university rev?
Odx approx 9m
If this is an indication of % of revenue split, there is no clear indication that the 50m *will* be in total covered by this.
We already have 2 supply agreements in place right.
So what if only 10m for the year comes through consortium and the other 40m comes through supply agreements?
Abingdon is already promoting their own product.
Numbers for the remaining group are unconfirmed.
50million test a year . When ? 2022
ODX are looking to produce 500,000 tests a week = 24m tests a year. Up unyil last year Omega had facilities in Germany and India could easily be looking at reopening those and doubling tripling quadroupling output.....
There is a big difference with looking to produce and what I can actually manufacture today or in the next 3 months. Starting manufacturing lines it's not baking a cake morover it cost money that Colin decided to burn today at 16.00
Can you explain what you mean there Pete? How did he burn money that is needed for manufacturing lines by not revealing anything new?
Pete it sounds like you don't really understand how the stock market works. How did what happened today have any effect on the money that ODX have for manufacture? Fact is that the company is in EXACTLY the same position it was this morning in terms of its capabilities, future prospects and cash position.
With the Donald Duck RNS.
He could have been more cautious with the choice of words he decided to roll out.
Novacyt and Avacta CEO have built the share price on thin air.
Mr Sneakyp looking for a cheap entry me thinks lol
And is a share price built on thin air what we really want?
@ shampoo
Me in from the 20s mate ;)
Tien
Go and try to raise cash when your sp sits at 1.5 and above and when it's 0.4something, me jibberish ?
Solstace
You have no clue of how a supply chain works
You guys are delusional
@shampoo
Unlike you I alredy made my profits. Just checking if this has legs for the moon with what I got left.
But it's hard with people like that have nothing to bring to the table other than fantasies.
Sneaky you know nothing fact so stop spouting your carp like its gospel ya womble
Please leave Snakeypete alone I've always found it to be of good character as they have always made money on every stock they have bought... honestly look back on their posting history.
just know everybody will be waiting to sell first thing tomorrow.
so will i.
will buy backat 30/40 levels.
gl to all of us
sorry for the new long term holders who bought in above 60p.
we wont be 60p for sometime now :(
I'm sorry Oilhead but you are completely wrong with your analysis. this stock is now firmly in the headlights and people will have FOMO now.
AIMHO
I for one will not be selling a single thing. Ignore the noise. I'll see you all on the other side of a solid RNS announcement.
It was a low liquidity event today. Some got taken out , however share availability to MMS is very low. It was NT to sell on most of the drop. A return to buyers and it quickly goes beyond today's intra day. Story unchanged , hold for la gold and buy the dip.
Whaddya mean, stop the share price falling further? It’s up 20% odd on the day.
I doubt there will be an RNS with positive news in the next couple of weeks. If so how does the non material reason RNS from today sit? If there is then what on earth is Omega upto?
You cant even read ya womble
EDC.. don’t be naive.. the nomad forced the rns today.. watch the ceo interview..