RE: Simon Thompson in Investors Chronicle6 Feb 2021 12:21
Looks like the SP is being punished for perception that tests( as per NOVACYT) will not be needed after this year .
First of all we have not risen on the increase in turnover (45%) so nothing was added in value for that and testing perhaps will not peak until 2022 or beyond in the markets we sell to .
Nobody is saying that the vaccines will end this pandemic and no vaccine has been approved for the under 18s so testing will be one of the means of control for a long time yet.
Looks like ST has been extremely busy as he has a huge section in IC this month.
Lastly COVID testing has been an unforeseen bonus for this company which has masked the technology we all originally invested here for all of which has further huge potential in excess of the Covid testing income.