The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
BRH reminds me so much of NCYT.. Back in February it went up to 160+ and then came down to around 60.. This wasn't the only time it had such drops even though we had good news. Same with BRH, so much good news but still get the big drops due to lack of patience. Keep hold and check back in 6-8 months with a smile on your face IMO.
All the best to the holders.
COVID-19: offers an excellent opportunity to leveraging existing skill to significantly grow business
COVID-19: positioned to cover both antibody and antigen testing in central and de-centralised settings
Current capacity 100K per week but targetting to reach 1m - 2m /week by next year
Agreement with CHAI will accelerate deployment of VISITECT CD4 Advanced Disease test
WHO pre-qualifies VISITECT CD4 Advanced Disease test in August 2020
China offers significant growth potential for food intolerance business
Omega intents to seek opportunities to build a strong position in the global health diagnostic setting
So from the presentation the CEO has confirmed currently 100K test per week capacity, by end of month will be on 200K test/week and end of year targeting half million test per week!
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=UJO:LSE
223.5% rise to 0.550p in next 12 months
@handyman10 - haha... fell off the chair many times resulting in a red bum with NCYT.. be prepared for the same again and be wise to hold tight! Already been a rocky ride with GDR and cant see it getting smoother anytime soon.. GLA
Most likely will come down to 80 once again mid week and then hold until news.. going to be a tough test for all invested next few weeks.. i have seen this happen with NCYT and really test your nerves.. So who has nerves of steel?? lol
Investors can sign up to Investor Meet Company for free and add to meet Omega Diagnostics Group plc via the following link, which will take you to the recording of the presentation and the Q&A:
https://www.investormeetcompany.com/omega-diagnostics-group-plc/register-investor
Yes totally agree but mentioning the actual value £8m+ hit would certainly influence the shareholders and that is why the SP went down even though like you say the last part concludes the decision being tactical for bigger profit and then the news on antibody kit. The smaller traders will panic and sell based on this. Price should recover end of week and go over 60p on next RNS. IMO
Ofcourse share price is going to go down with this news!
https://www.lse.co.uk/news/ODX/omega-diagnostics-halts-development-of-allergy-products-h4swqs1t7yxp9g9.html
So what is everyone thoughts on this SP.. To buy/topup or sell?? I have just topped up as i can see this SP going up in near future.. Held on too long and researched enough to see very good potential in this share.
Haha Kevin, i know the feeling! Never seen any of my shares show 50%+ negative... when seeing 98% in red - get the AED out!! lol
Good point by livinhope.. i guess time will tell with the new model and todays rise is potentially a positive outlook for the future of this share IMO
Thanks Phoebus.. will this go over 1p in near future?? My break even is 1.09p :( invested last year when it was at 7p and then had risen to 10-11p.. then crash!! Topped up recently to bring my cost down to 1.09p..
43% rise today.. something brewing? Anyone have any info?
https://mobile.twitter.com/tom2oo9/status/1268226553864949765?s=19
#HEMO Confirmation from Hemo that the AGM tomorrow is closed and not live. Answers to questions will be published on their website asap after meeting. Can expect RNS at the same time with any price sensitive info :-)