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Sunday Times are sniffing about too....
https://twitter.com/emilydugan/status/1476584568912289792
There is no demand. The CEO said so himself. Lucky if we are not blackballed. Its all CD4, whatever that brings.
"The idiot has basically been paying the DHSC to store their equipment for them !!"
Indeed, it was confirmed to me by the PR that DHSC equipment was covered by Omega's insurance.
"What we need confirmation of is whether their tests works with Omicron. The vast majority of LFTs are expected to work, nevertheless confirmation is needed, and will likely boost the share price."
And so will all the others. But may I suggest the others are rather more proactive than the current leadership here in pursuing legalities & facts.
So what was the context of the CEO not seeing demand for a product integral to a pandemic?
Possibly. The issue is trust & the relationship between Social Media & actual RNS. CK has said he's gonna address this in multiple presentations but hasn't. My eyes to get back in here are firmly on the CFO & his progression. Hope the ex CFO/Invester relations is having a good time.
Or a company questioning the legality of a contract the day before the presentation. Very proactive.
I can't see where the demand is going to come from. I'm sure that was muttered in the presentation.
It's a sucker stock now. No direction, destiny not in their control. Increase the overdraft yes, but quadruple it? Guess who they are gonna tap up then.
Stew, I'm gonna tell you a story. A long long time ago there was a Friday night tweet about a Tesla........
Only realised the day before the presentation of course.
Looks forward to that RNS on monday then. Along with, what are they going to make & who is going to make it?
They tweet again on a Friday night something contradictory to what they said in the presentation (access to Govt machinery/ongoing discussions to use Govt machinery). This, the day after (to paraphrase) a formal approach to social media in future. The question is, who didn't get this memo? what facts did they receive? or are they just scheduled tweets? Either way it's another example of amateur hour again.
That's the end game. When anger turns to ridicule. Shame, so much potential.
Tweet from @OmegaDiagnostic: "Omega continues to have access to the Government-funded equipment"
Seems nobody from the PR team watched the presentation then. More fiction.
I've also asked who insures the dormant equipment.
But the new logo looks great at least.
Look at the YouTube 'channel' the bit where they do the About Us animations on CD4. It looks like Windows 95 software & in hindsight it's a Windows 95/Microsoft Paint structure. The CFO looked a bit of a software upgrade to be fair.
They have access to the Government equipment according to the Herald. Not plug it in of course, just change the dust sheet.
The big issue is trust. Consulting legal advice the day before a presentation is burying your head in the sand at best.