Investment19 Feb 2020 09:09
As far as im concerned im staying put until we get an FDA, PHE etc update.
We all know that they are in application stages and we all know that once they are cleared then the SP will shoot up. Its the difference between those who just want to day trade and make a quick few quid or those who want to make a longer term investment for a potentially big reward. The Corona Virus isn't going anywhere fast and if it gets worse or spreads then the world will need reliable tests.
That all being said, this organisation has proven to be a game changer when it comes to virus testing. They were the first to develop a SARS test, the first to develop an EBOLA kit so they are quite handy to have around in your portfolio. You never know whats around the corner when it comes to viral outbreaks and this company have proven to be at the forefront in tackling/containing them.
This latest outbreak has put them on the map and if this particular incident doesn't pay off as much as people hoped it would then my guess is their will be one in the future that will. They may even get bought out by bigger pharma after all this has settled down and then hey, who knows!