Member Info for Aberdeenman

"Wrong, wrong, wrong. The testing will need to be repeated at regular intervals"

Also does not include the Antibody testing required for the vaccination program, that will need production starting ASAP to stockpile. The press release yesterday confirms the requirment.

Likely ~200m tests needed annually in the UK alone for at least the next few years. As I said only constraint for ODX is the amount they can manufacture.

Aberdeenman

" 1 million is more than enough for their reporting"

The press release said 'first order' so more coming.

The Gov't also mentioned Home testing with the Antibody test in their press release, which suggests MHRA approval (imminent and a major price moving event) that will unlock mega orders.

Then there are the other tests including Antigen.

so much news to come, and sufficient revenue to get to a 400p+ SP within months.

Deramp as much as you like, but the facts are out there, you may as well go back to you Fusion Antibody BB and commiserate.

Aberdeenman

Johnas is in Fusion antibody, so sour grapes that the Gov't is going with the UK RTC antibody test, pretty silly to have picked the wrong horse, it was blindingly obvious that Omega would be part of the winning consortium, sky is the limit here.

They have a license to print money, only constraint is how many they can produce.

No doubt Gov't orders will keep them at full cpapcity, but if they can leave some capacity (which I think they hope to do by spreading out the less lucrative Gov't orders) that leaves the rest of the world and aviation etc, for much more lucrative test production.

Remember, only constraint is capacity, 2-2.5m per week production this year, everything they produce will be sold.

Aberdeenman

Screenshot Johnas?

Doubt you have the money to buy 1000 never mind 1m.

The 1m order is just an intial order as you well know.

They will be selling 2-2.5m tests per week by year end, do the maths.

Aberdeenman

"if you have done all your research you know this will hit £5-£6 in the next 3-6 months."

If you have read up on this share, at all, you will know that their revenue next year should be circa £500m, listen to their presentation, every test they make will be sold, and they are ramping up to 2-2.5m per week this year.

Add in the revenue from the existing business and it gives over £500m annual revenue.

That means this is only going one way, don't take my word for it, all the information is there.

£4 absolute minimum next year, not based on hope, but actual revenue.

Aberdeenman

Yes it is a specific COVID test, MHRA news for home use authorisation due imminently, and hinted at by the Gov't comments yesterday.

That unlocks mega orders.

Results in minutes

Aberdeenman

usually takes a few days for a full rise, not the first 10 mins after market open.

chill and watch, much much more news to come, as per the presentation.

Grab a bit (more) of the action if you can!

Aberdeenman

It has gone through independent review and they are happy with it, end of.

IThe review will be published in due course, it is a pandemic should we wait another 6 months ffs.

Deeds has an agenda and should be called out, I will be writing to the PCA, suggest others do the same, he should have declared his commercial interests.

Abrdeenman

We are in pole position for Heathrow (and therefore a large chunk of worldwide aviation testing) hopefully Thursday, and MHRA authorisation for home use, which will unlock mega orders.

They can sell as much as they can produce, license to print money.

Aberdeenman

Playingtheodds,

The number of tests required to be used in conjunction with a vaccine means they have to start producing this year, hence the 2-2.5m by Christmas.

Todays order unlocked everything.

4 bagger at least from here.

Aberdeenman

Antibody testing will be huge, they will be required 3-4 times per year for every adult in the UK as part of the vaccine program (as per the Gov't RNS today)

Those downplaying antibody testing have an agenda. Also they have not done their research, today's order unlocks everything, with MHRA approval (also alluded to today) there will be wisespread availabiltiy of these tests.

In addition ODX will be manufacturing Antigen tests (something the derampers appear to have missed)

In short eveeryhting ODX produce will be sold, £500m+ annual revenue is pretty much guaranteed after today's announcement. Any confirmation needed just watch yesterdays presentation, it is all there, means a minimum of 4 bags from here.

Aberdeenman

"Maybe me:cannot see the point in whether I've had it or not"

Currently unclear about the strategy around 'immunity passports' but likely they will have to come.

The RNS states that the Antibody tests will be required for vaccine testing, it may well be the case that for the first few years of vaccination everyone will need three to four tests per year, so excluding kids that is maybe just shy of 200m antibody tests per annum.

Doesn't take a rocket scientist to see that 2-2.5 m tests per week on a mix of Antibody and Antigen will not be enough, but they will sell every single one of them.

Add in their current test portfolio and you get to that £500m + revenue annually.

Due to the numbers they have to ramp up production ASAP, hence the 2-2.5m per week this year.

No brainer here, short, medium and long term.

Aberdeenman

Took several days to double in price after the last presentation.

given we are expecting MHRA news and Heathrow news, then further orders for Antigen tests, I certainly would not want to be out any time soon.

Just remember, every test they make will be bought, and they will be at 2-2.5m per week in a couple of months, seriously undervalued currently. This FIRST order has opened the floodgates.

Aberdeenman

Hi order will have been worked for a few days, he has just top sliced, bad timing on his part, but maybe he needed the money!

Aberdeenman

"10, then spike up and retrace from about 0845"

You are forgetting about the other newsflow due.

All in the presentation.

Massive amount of positive news coming

aberdeenman

"1m order is clearly just the start."

The RNS clearly states FIRST ORDER, and mentions tests in conjunction with Vaccines, so that is millions and millions of tests.

This will rerate, just like the other COVID stocks did.

might take a few days, but loads more news to come.

Next stop 200p??

Aberdeenman

"If you sold earlier:-("

I said earlier, you can tell folk till you are blue in the face, it was obvious where this is going, and we have not even really started with the newsflow.

PLUS loads of national publicity will mean a whole heap of new investors, who will also make a packet if they get in.

This should be around 200p not current SP, rerate is definitely due.

Aberdeenman

main resistance 1s 159p

With more news this week we might push past that.

Aberdeenman

Massive publicity, all over the media in next few days, got to be a lot of peeps wanting a slice of ODX, and Heathrow test news due as well!

Aberdeenman

Last chance to buy sub 100p???

Aberdeenman