Member Info for BIGBangs

I received my pack of tests through the post this morning and have already reported a negative test online as required. Do your bit - get tested.

Or perhaps the Directors realising news was imminent but not confirmed took the decision to sell knowing that if they sold after the news was released/confirmed that the SP would have been held back from the heights we all hope to achieve?Couple that with so few opportunities for a Listed company Director being allowed to sell and just maybe they did us a favour. My glass is half full. ATB

This is very significant news and show that the Mologic test which we are heavily involved with will surely be the Sovereign test for the UK and that the test will incorporate reporting of results. We just need confirmation.

‘Mologic’s independently verified COVID-19 lateral flow technology combines all reagents in a unique design, and integrates reporting of results. The self-test can be used by a person without medical training at the point-of-need, including home, workplace, education and travel settings. Limit of detection and analytical sensitivity have been independently assessed by St Georges’ University of London, led by Dr Elisabetta Groppelli.

Dr Elisabetta Groppelli, Virologist and Lecturer in Global Health and Medical Research Foundation Fellow, St George’s University of London commented: “We often hear that viruses are invisible, but we simply need the right technology to see them. So far, testing technologies have existed in diagnostic and research laboratories. But it is now crucial that testing becomes more accessible. Our work in the research laboratory at St Georges’ University of London shows that the new home tests developed by Mologic offer the high-quality specifications that are needed to see the virus, but without the requirement for specialistic expertise or laboratory. This is fantastic news because, if we can see the viral enemy, we will be able to tackle it much more effectively.”

Mark Davis, CEO, Mologic added: “Mologic is totally focused on supporting efforts to tackle the COVID-19 pandemic and improve access to rapid testing technology that will help open up society and the economy. We are delighted to be part of RADx program in the US and look forward to seeing Mologic diagnostics rolled out there and across the world through our LMIC partners.”’

The vaccine rollout is fantastic but the virus is not going around anytime soon - testing will be with us for the foreseeable future. ODX will sell all they can produce - 24 hour shifts likely at some point. We know that the TT is nearing completion for antigen tests, authorisation by MHRA for home use of antibody testing is overdue and big Govt orders are out there. We need details of the retail price and margin for us to calculate profit all we need to decide then is how long we think testing will continue to establish a P/E. I firmly believe the SP will settle at many multiples of our existing SP and I will hold hard until it does. ATB

Boris confirm that antibodies in the blood the No1 route to show you are safe - and how do you prove that?

Despite the very slow start I believe, from the research I have undertaken, that Antibody testing is about to come into its own. I support a vaccine passport but that will only cover about half the population. Many young people, including the staff we will expect to be pouring our drinks and otherwise running our events will not yet have been able to have had the vaccine they will need some other metric to ensure our safety. For those that have Antibodies a test could give them clearance for a week or a month perhaps longer otherwise they will need to take an antigen test probably every day. The economy will not get going with just the over 50’s set free we need everyone who is not infected (and can prove it ) to get things moving properly. Antibody tests are finally useful.

Has anyone considered that the TT test for the Mologic antigen test may have been delayed because they are trying to incorporate some kind of verification that can be electronically read and shown through your mobile phone? - I hope so.

‘Pubs could ask customers for blood tests to prove Covid immunity’. Support rising for antibody testing to become part of possible certification to get people into pubs, clubs, theatres etc. JVT supports antibody testing being available to those who have not yet had vaccine but may already have antibodies from previous infection.

There is only one question, at exactly what stage is the TT transfer and based upon the knowledge you now have when can we expect formal notification that it is complete?

I note CK may have suggested he will not be able to reply until the end of the week - I really hope that is because by that point all of our questions will have been answered by RNS.

For those that are unclear for an AIM listed company you should look at a NOMAD as a shadow director with large powers and right of Vito. If I have a criticism of Colin and it would not be a big one it is that he now needs to stamp his own authority over what is released within a RNS. We certainly do not want speeding tickets and for many years and in many ways the board will have actually been operating in almost a subservient position to its Nomad - those days have gone and Colin should now realise that his/the company’s position is now much stronger. It is not Colin’s job to manage investors expectations of the SP but he can now influence to some large degree the flavour of an RNS before it is released and perhaps he should now flex his muscles a little more.

I have to agree with Merchant Banker the £374m currently suggested is just the Omega part of the deal. We do not know the number of test this relates to yet but don’t forget we are still expecting a large order for Antibody testing which has gone quiet not gone away. By ant calculation the SP should and will be well north of here. I was expecting £2.50 when the dust settles but it could easily be a lot more - that is what they have been working towards all year and we are finally close. Don’t get frustrated and sell now you may well regret it. ATB

I am sure you will know that AIM companies are under the strict control of the Nomad who will certainly have been responsible for the specific wording of the RNS.

Amazed that I have been able to add a few mote under£1 following the news today. Sometimes you just could not make this up. Spectacular opportunity - you should take it quickly. ATB

The maximum amount you can put into an ISA is £20000. If you have the cash do that and then sell from your current trading account. If you put in the maximum and take the profit from your trading account then you will generate a capital gain of £7000 which is within your yearly allowance so you will have no tax to pay. Move fast - I use interactive investor.

PM will be accompanied by Dr Jenny Harries OBE recently appointed Deputy Chief Medical officer who I believe will have ultimate responsibility for testing.

The Government have now confirmed that if you have taken a positive LFT at home and subsequently get a negative PCR your child can return to school and the household does not have to isolate. This contradicts or rather clarifies the incorrect comment made by government minister this morning.

Discussing LTF now. Ring in one of us might get through. Our tests much better than the programme might suggest. Lots of rubbish being talking about. UK can provide better tests than the Chinese one we are currently using.

FTSE 350?

Upomega, I did not read it that you were being negative. The company you were previously invested in must have been a connected party in some way which could potentially have required a suspension and reverse take over. I can assure you that if, I would like to write when, ODX receive a contract no suspension or reverse take over will be required - perhaps just celebration by us holders. ATB

Very sorry upomega but you are mistaken. The winning of a contract to supply will never be viewed as a reverse take over or take over of any kind - I am quite positive about this sorry.

Let hope a large part of the 8bn comes to ODX.

The actual spread in 89.15 to 90.4