Member Info for BIGBangs

LTH - institutional investors buy in the market, perhaps working more closely with the MM than we are able to do but the vast majority of their holdings are acquired in the market rather than placing which generally arise from other reasons.

For the record I do not believe at this stage a buyout is likely and almost certainly not by Mologic. If a buyout comes it will be further down the road when we are maxing out on production and have a strong contract/expectations running into the future - institutional investors will by that time be heavily represented on the share register and a buy out price would be massively north of where we are now and very interesting to us as ‘small’ shareholders.

I would like to see institutional investors buying into the company as this would be the surest sign that news is coming. Such investor acting individually or in concert could not acquire more than 3% of the company with this in mind without breaching the listing rules. The news that we are assembling for Surescreen although remarked upon by HMG could well still be covered by a NDA stopping ODX making any comment. When we do get an RNS it will have a much more significant effect on the sp that the swing we saw yesterday. I believe the news is coming, that it will be significant and I will hold for it. ATB

Dave, obviously your call but I notice that the Dow is up 400 points and FTSE up 100 points possibly on reduced fear of a China meltdown. With the press confirmation that ODX are currently assembling the Surecreen test (hopefully whilst waiting for our own test to be approved) are you reconsidering your position? We have all been there and you may just want to walk away but a £300k loss is significant for anyone - you might want to buy some back, your average will have gone up by 7p ish but if this comes off now you will be kicking yourself.

Of course I agree that Surecreen was approved some time ago but this is the first confirmation that ODX are currently assembling them making the comment significant.

I certainly agree that any good news on sales would be pretty significant, I was identifying what I had determined the end game to be. Although I agree with Flashy that at some point will will learn to live with Covid as we do with flu, I believe we will be testing for years to come - I also think testing for flu will become common place and the indiscriminate spreading of virus’s will no longer be ‘socially acceptable.’

No argument there sledgey - you either believe one day confirmation of home use and actual sales will happen or you don’t. I hold because I still believe it will come good and we will sell all that we can produce and by that I mean more that 100m per annum. ATB.

The heads up was useful as it identified who was selling and more importantly why they chose to sell. Most significantly the seller identified why they had chosen to see and that it was not due to any specific issue (real or otherwise) about ODX . I am happy to rephrase if you prefer, I found it useful.

Well I do actually believe that the sell off over a few days of 1.3 million shares would certainly have caused a drop in ODX. So we should be grateful that Dave has given us a heads up - someone was selling so why not him. I think he has made a mistake but his money his call.

That’s covered his tax bill then. Sorry for being cynical he could have done worse with his money.

Thanks Tricky I noticed the comments yesterday but only had chance to follow up today. I asked the auto box about antigen testing but the auto reply was about antibody. I did follow up later with live chat hoping to ask pertinent questions but after about 1 hour of holding I gave up. I actually thought it might be correspondents here ahead of me but I notice there has been no further update. Totally agree we need some solid news the signs are good but we have been hopeful for quite awhile now. ATB

Not sure this takes the debate any further but just visited Screen4 site and asked auto chatbox about antigen test. The only answer it would throw up was about an antibody test, lab based supplied by Cambridge Nutraceuticals - not connected to ODX. I failed to get info on antigen test.

Sorry meant for Symbol.

Hi Esprit, did you ask them the name of the test?

TWatcher nothing to disagree with there. For my part I do believe that those in power want to do the right thing and work with the best interests of the public in mind. But, and you knew it was coming, I also believe that we all need to take our own view, read and understand what we can and influence our politicians, who like us are only human, to take the best decision even if it is harder to make - I do not pretend to know all of the facts and sometimes my view will be proved wrong, I am willing to change my opinion as the facts change and, like you, merely a layman, I just offer my opinion as I see it.

Thanks Captain, I agree but it is a brave GOVERNMENT scientist that comes out with anything other than the HMG’s line and as they used to say ‘nobody is ever sacked by buying IBM’ although that now sounds a little ridiculous. There are no easy decisions and one size does not fit all but indeed as the FDA amongst others have just said no need to give booster jabs to healthy people under 65. The JVCI did not recommend vaccinating children but on we go as those in power are actually scared to say no need fearing criticism - if Covid become vaccine resistant then criticism will be too late. I do not envy them their task.

Apologies sledegy.

Sledges, sorry but the vaccine is effective against the delta variant just not as effective as we had hoped and even with are best intentions we were never lead to believe it would be 100% effective. The vaccine gives, I believe, protection against all current variants as it is effective against the core protein. Antibody testing shows that you have protection against the core protein and so in my opinion is very useful.

Thank you Captain but I think we come at this from different directions. I believe that the development of the vaccine was a marvellous thing. I am not concerned by which jab, probably because I am not a scientist and believe that both are good. I had COVID at Christmas, it was unpleasant but not life threatening, a friend caught it some months later and nearly died so it affects us all differently. Although I probably did not need it I was happy to take the vaccine in May as I thought it was the right thing to do as a member of society. The vaccine has certainly saved lives. My issue comes as we learn more and as the mass vaccination has become so successful. We could all routinely be given antibiotics to kill of many virus’s with which some of us may from time to time become infected we are encouraged not to as this would lead to resistant strains of infection making the antibiotics useless and that is my worry with the vaccine. I believe to a large extent we have done the job and should now reserve the vaccine for those in particular need to keep it effective. My daughter of school age caught COVID at the same time as I did but shrugged it off over overnight, why then give it to al children who are likely to be only mildly affected - let them catch it and develop antibodies. So to with the majority of us - other than the old or unwell who of course we should protect I now believe we should scale back our use of the vaccine and that antibody testing is a could start, at this stage in the cycle I would be content to hold off on the vaccine, certainly the booster if you have antibodies, use of our (ABDX) test would be a valuable tool to ensure that the benefits of the vaccine are not lost by the unfortunate appearance of a resistance COVID strain. Please be of no doubt that I still firmly believe in antigen testing and that we should all be responsible for testing ourselves regularly as each time we pass on the virus it has the opportunity to mutate but do not rush to use booster jabs as this could easily dilute the effectiveness of the vaccine we have.

TWatcher, all good points and it is not an easy fix. I think the basis for my argument is that I am becoming increasingly concerned at the push for vaccination. I have previously commented that I am against vaccinating children but I would now go further and say I am generally against wide scale booster jabs for all. Let me be clear, I believe the old (perhaps over 70’s) should get one, those in a care home or in any with underlying health conditions fine but other than that I am not convinced - and have recently been backed up by the FDA who are also conflicted. I am not an anti vaxer by any means and have had by two jabs but I fear that similar to the concerns with antibiotics that the more (possibly) unnecessary vaccine will lead to a virus that become resistant to and therefore avoids the vaccine leaving us in a world of trouble. Once you have vaccinated the old and unwell and given them a booster I feel we should proceed with caution - the bite will have largely been removed from the virus making it something that, like flu, we can live with. The use of a possibly imperfect antibody test would help identify those with and without some cover and we should base our decision for further vaccination on that. Seeking for the perfect antibody at the expense of a good antibody test that we already have is dangerous and we should get on with taking the antibody tests we have, supply them to everyone as we do with antigen tests and this might give us a better insight as to the way forward rather than rushing forward blindly vaccinating everyone just because we can.