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I agree with all points but I think the £2 needs some beefing up. Current share price does not reflect any real volume even at a very low end for me. That’s where this is great news as it adds for sure but we already knew we would be manufacturing and Mologic would be the test. The rns relating to supply pointed to a relatively short period of contract. I think the lack of confirmation on quantity term or price is sticking the price where it is and not the naming of the test. Everyone on this board knows once one order is placed it will roll on and on. A big step closer next week but that will confirm whether choosing the “manufacturer” vs the test IP owner is a good or a great investment.
I don’t think this will be regarded as new news other than for AVCT, unless some can say otherwise. Good publicity hopefully draws more of a crowd to build the price but to me we still need the quantum and pricing of the contract. I have a concern about how much of the pie we will get from a profit point of view. But at the same time I fully believe that will make more money that the estimations put Tim the pricing arrangement
Expecting news. Should be good but for me is how good? Manufacturing contract. When does it start, which what test and how much will we make and for how long? The market will place the price from there but a rns is not guaranteed upside. After that with a new workforce and equipment how quickly can Colin master his team to produce high volume, high quality product. I am long but have held a bit back pending the above. Looking forward to it.
You’d be as well flipping a coin
Aberdeen - they true EBITDA will alter also as they will more than likely achieve over absorption on their estimates on cost. Ie as the volume increases the indirect element of the costed rate will reduce. With the volumes they are talking about they will likely surpass the estimates on facility uptime. This is where the GM% will be trued out by real bottom line value. It is common that in manufacturing volumes that there is an expenentional point that costs are paid and only direct costs factor in. I expect this will be the case at omega as they are entering into new territory on volume and likely have never fully considered how the costed rate will play out over such a volume.
Not far off my story also lol - profit is profit
A solid 50p
But we don’t have a test we are a Manufacturer
Likely red IMO Dave at this moment
I was under the impression that ODX hold no IP on the test so can’t really license a great deal. They can undertake technical service transfer but not receive royalties for product in my view
Showing your age there Buckie ??
There we go. The supply of 200m is over 4 months for urgent supply. At 2m a week we’d be circa 36/40m tests . I expect our capacity will increase and there will be more orders but in real terms this isn’t a huge order for ODX
Interesting thing about this - likely mentioned before - is that it is such a short supply. I think as Boris announces his path to recovery both the vaccine and the LFT will be at the Center. They will be everywhere. Given the population of the UK 200m are not going far. I can see multiple repeat orders for this over and over again for the foreseeable period. I think after the 22nd we will she this share come alive.
And avct has what to do with either the test or the manufacture?
Does it matter with the change to Antigen? May come - may not. Small proportion of the product portfolio
I think this is a worth kaboooom moment
I remember last year as we entered the spring everyone thought covid was done. It was not and I think that will be the same story this spring and winter. You cannot escape the winter conditions of countries like the uk. It may take years to extinguish or become more acceptable to operate normally. LFTs will be key to this occurring. Next key announcement for me will be tech transfer no logic
??
Big jock - I might just read your posts going forward lol
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