Well ponkey, I think you are correct that this could continue to drift until an update, depending on the continued depressed seller off loading and the way mm's want to play it. Need to eat and see but I'd not be surprised to drop 5% tomorrow
"Do we really think we are going to Tank down to £2?"
I don't think this will happen, people people at 4.5/5 were saying that same for £3, and at 3.7p they were saying no way could we ever see the £2s again. Both happened in a fortnight, so although I think it's doubtful I don't rule anything out.
No these talks are great for other sales avenues, care homes, airports, even the football leagues etc, but are we not assuming they are selling to their production capacity already? Are we not also assuming sales of 8m a month are assumed by the market (up to 20m in a month or so).
Just I see a lot of hurrahs over carehomes being tested, and for a strictly financial view I'm assuming they are already at capacity, and if they are not, it's only two or three days production to essentially test every care home resident in the UK for example.