Member Info for Bebeto

Yes hope , they would need to sell 11M tests to justify today's MCAP

So we can all agree that the fundamentals for the shareprice doesn't stack up and 6wks ago this was a company with a £9M MCAP.

Therefore it's just the sentiment that's made today's MCAP of £63M in the hope of over millions of sales of these tests.

Amazed by the shareprice today, for the fundamentals to match this shareprice they need to sell 11M tests currently they have potentially 288k tests for quotes. Sentiment has wildly exaggerated the shareprice here.

True, acceleration clause, price rise has triggered all the warrants clause's to sell.

Investors worldwide have seen the incredible rise & fall last six sessions here.

Now it needs a proper RNS confirmation with facts and figures.

Just one week ago, the previous quotations for orders for 288,000 tests. "Demand for the tests has come from China, the US and the UK, as well as many other countries around the world."

There will need to be a substantial increase in these figures going forward.

If it's 100% conversion it equates to £1.33M , I have factored in £3M though in my valuation of the company at £12M MCAP , anything above this level has nothing to substantiate at this time.

Market makers are having a field day here.! It's been a perfect storm for them TBF

Shareprice has been ramped out of all proportions.!

JDOS,

Brilliant post thanks.!

AngryAnt,

Can you show us your calculations as to where you have come up with a figure of £7 for the shareprice please?

I suspect it's probably one of the worst ramps on this BB today LOL

They have potentially £1.3M worth of orders 288,000 tests and the shareprice is currently 39.23 times higher than orders worth with MCAP of £60M., Was MCAP of £9M before the rise.

Thanks Jarv55,

Currently our order book is:

"Primerdesign has already received requests for quotations for 288,000 CE-Mark tests"

So 288,000 X £4.62 (per test) = £1,330,560

Our MCAP has risen in 3wks from £9M to £74M (today) a £65M increase with only requests for quotations to the value of £1.3M.

Thank you, 288,000 request for quotation X £693 = £199.5M

Does anyone know how much these kits are worth? They haven't actually sold any so far and 3weeks ago the MCAP was £9M and today it's £74M , so there's already a fair amount of money already priced in here.!

€0.96= 83p

Company is worth £2bn plus and with the MCAP at £1.7bn it's undervalued.

At one point this afternoon the shareprice should of collapsed being battered with over 200 sell orders to 50 buy, when you see a share soak it up and actually increase the price, you know it's very strong.!

Blue day tomorrow, the shareprice stood up strong against a lot of buying pressure today.!

Great escape is on for a lot of LTH , bounce is looking very strong now.!

Yeah it's good for £10 at this time!