Member Info for bakky

as I have previously explained, loan equipment will have nothing to do with anything. The govt won't try and screw the price, they will get a proper fair profit and I believe the company has said they are happy with the contract. It is NOT in the govt's interest to make life difficult, they will make decent money. We know that Surescreen have 2 years, so we will have to see on that.
There are 'many' other companies producing, er, who is that then? Just ONE has barely started as we speak and not many others going forward is there? Anyway it doesn't matter if there 100's because they will still do upto 2m week as contracted.

I thought these lfd have a decent shelf life, certainly won't be a problem at the speed they will be used. I think there will be mileage in the antibody tests going forward too. As always time will tell.

so you reckon 100m units sold won't be anywhere near enough to justify mcap? yeah right! rationale please. So not including any other income either? At least we need to wait and see if they can indeed produce 2m/week in April. If not then they can have both barrels.

JAdam, '' ODX needs to produce non stop 2 million a day at least for a whole year on a decent profit margin to get anywhere near justifying their mkt cap'' ?? Really! Just a 'slip' I take it..?

yes I agree with all that. But when is an investment ever 100% certain? This is probably as good as it gets, and is as close to certain you can get with an investment imv. There is very very little chance that the govt will pull back on this manufacturing agreement now imo!
As I said, I have experience with this 'equipment/machinery loan' and it worked bloody great for me. The customer treated us brilliantly and made sure we made a decent profit too.It was not in their interest to make it difficult for us, and I see the same thing happening here, again imo!

I would say they have put themselves in pole position with the govt as a partner to manufacture hundreds of millions of tests. What's your problem?

Queen of Sheba!

the only time I recall anything other than 'capacity' was on twitter a while ago,..... ''This April, we'll deliver 2m rapid LFTs per week''.
#ODX

I think it is safe to say any accreditations will not be a problem going forward.

daftest line of the year so far..'' I am sure we will make a few for the government some time in the future''. Jeeez! desperate or what!?

thanks gents. In the big scheme of things it is not a problem at all it seems. Anything can be fast tracked Covid related.

does it require a CE mark now? Even if it does they can rush it through too, inside 3 weeks has been done before!

apparently will have to close their positions by Friday with IG, which is skewing a lot of AIM stocks right now.

don't forget, each adult traveller will need at least two maybe three PCR tests! luvvly jubbly roddders!
This time next year...……..

and they're off!! looking good folks. https://www.bbc.co.uk/news/business-56161129

https://yorkshiretimes.co.uk/article/New-Rapid-Covid-19-Testing-Site-Prepares-To-Get-Yorkshire-Moving-Again

if they can do 400k + tests with the airport deal then it's worth 10's of millions of ££. I think they can when things open up. Remember that is just one airport/travel hub region.

all school testing is LFT, not PCR at the moment! Hopefully plenty of newsflow to come shortly!

cheers!

you sure it was a buy? Sp ticked down at around the time of trade.

only 11??