RE: https://www.gov.uk/guidance/understanding lateral flow tests for people without symptoms27 Feb 2021 19:20
1. It will be autumn by the time everyone in the UK is OFFERED a vaccine & will have had both doses, not everyone is taking it.
2. Of those taking it, neither vaccine is 100% effective
The combination of the two points above is why testing is here for a long long while yet. We have to prevent the virus spreading/replicating & mutating to a point where it evades the immune system & puts us back to square one with regards lockdowns, right?
If we say 20% of population don't take the vaccine that's approx 12m people.
If the vaccine doesn't provide antibodies in say 10% of those being vaccinated that equates to a further 5m people so there will feasibly be 17m people in Britain free to pass on the virus allowing it to replicate, potentially mutate. We just cannot allow that to happen which is why testing is going to be here for years. The costs of testing pale into insignificance compared to cost of lockdowns.
The UK will get things under control I am sure but we will need permanent tests at all our sea, air & channel tunnel transport hubs, this will equate to millions upon millons of tests per year.
On top of that, other countries who's vaccine rollouts are nowhere near as advanced as the UKs will be relying on testing to mitigate against their lack of vaccines. There's a worldwide shortage and we have the gold standard.
And on top of that (as if that wasn't enough in itself) we have the antibody tests which you would expect will sell like hot cakes. There have been many recent articles demonstrating how Antibody testing can facilitate a more efficient vaccine rollout.
And that's just the covid product lines, we all know there are other rapidly growing revenue streams for odx.
A lot of chicken littles will sell on contract news for their 20-30% & when the dust settles and the big money starts rolling in those holding and riding this winner will reap the really rewards. That's the difference between winners and losers. Winners win big when they do and I intend to ride this all the way to £5, best thing is I need to do nothing at all but hold now. Time will do the rest