Member Info for Awax

A return to at least the IPO price, with potential for revenue from both antibody and antigen tests which both have their places in fighting covid.

There is clearly a read-through from this morning's rns from odx. The Uk awaits the go ahead for its SuperLFT and the decision will be arriving shortly. Agreed also that it's not just the UK that will be ordering these plastic strips which we will all have to get used to. Billions of £'s of revenue will be thrown at production and it will be down to who has the capacity to produce quickly and accurately.
From the stockpiles in the yard at Sand Hutton, to the bus loads of those cheeky little Affimers arriving from Thorp Arch, I have no doubt about who the winners are in this race!

The real positive now for the UK is that hmg clearly will be full steam ahead with whatever SuperLFT's they choose. All will be winners and I am pleased to have backed three 'horses' which will win to varying degrees. One thing for certain though is that money will be made over the coming week. Perhaps today will be the 'doh' day for those who look back next week and wished they'd grabbed some at these prices. atb and good weekend all!

The takeover possibility is always on the cards tester, with forecasts for the price of gold and increased activity in Nic. As the reserves are steadily increased and as MC continues to de-risk the development, then a third party or rumours of a third party wishing to bid will move this quickly. £1 wouldn’t do it for me, but closer to £2 might.

Fairly certain that Boris will be giving his next update early next week and it could be Happy Monday. News on holidays abroad after meetings this week to finalise protocol for foreign travel ( including passports and testing ) and confirmation of 17th May/21st June opening up. Maximum impact before local elections of good news stories including the SuperLFT launch. Really should be committing more cash in here, but presently fully loaded with top-ups from this week.

Agreed JSP, but ODX has also other products on the go which could be quite successful particularly in the Chinese market. ABDX is more of a new kid on the block, hence the quiet bb till recently.

For the sp just to return to the IPO price would be in excess of 50% from here.......with most of those IPOers having a tie in for one year from last Autumn. Were they foolish to agree to such a tie-in?
News due here shortly of confirmation of orders for all those boxes stacked in 'Goods Outwards', will put what limited supply of stock here in great demand.

Positive drilling results here this morning and also at my rocket-ship share. Grades at 2.6g/t though seems ordinary when compared to our 6.48g/t at La India. Plus they'll need Doug McClure and his intrepid 'Centre of The Earth' explorers to get it out, whereas we'll need some kids scratching the surface with their buckets and spades.
News shortly on the mechanical bits arriving in Nic, further positives on Cacao plus contracts for purchase of other crunching, sorting and squeaking bits. Stick at it MC and wear The Hat with pride!

A little less hectic this morning. Does that mean positions have been taken......is this the bottom then?

And perhaps the good grades of ore are increasingly inaccessible to the local miners.

Grant Shapps confirmed this morning on TV the use of an App linked to Vax/Antibody confirmations for travel. Meetings planned to agree with G7. The 'certification' is coming whether you are pro or anti.

https://twitter.com/OmegaDiagnostic/status/1384074421371953153

Surprised there's not a bit more of a recovery today.......wondering if they'll RNS the receipt of government funds in the coming days?

"We hear you, Twitter - we've been quiet lately. So…

There's a huge amount going on behind the scenes here in Alva, AND within the UK Rapid Test Consortium (#UKRTC), of which we are a key member"

Being staircased down for the sharks?

Volume of transactions approaching 10m, with 96m shares issued.........that's quite some volume!

https://twitter.com/CondorGoldplc/status/1386959629150793729

Very true trepid.......Boris cannot afford any more negative headlines. The bill will be paid and announcements re opening-up and the role of lft's shortly imho

".....At the lower end of the revenue range this would represent revenue more than doubling with growth of 119% compared with the prior year...." so the forecast is to double revenues from a level where the IPO was achieved at 90p?

There is a risk that orders being delayed will not see revenues before 30th June year end......again this has to be included in any trading update. Can't think that with the full relaxation of covid restrictions that our support for lft's won't produce orders even before mid-May. AVCT, ODX and ABDX are all waiting the result of the £8bn tender, which could drop any day.
As has been said....much of the IPO carried tie-in's for the purchasers, so just think if this was dropped to tease shares out of pi's hands as there is low levels of shares available for trade?

Market capital £52m.......?
"......The lateral flow testing market is forecast to be worth $10.2bn by 2025, and Abingdon remains well-positioned to be the 'go-to' provider for high quality rapid tests." Dropped this morning purely on a government late payment.