RE: ODX Mcap of 8.5m & Cash balances of £6.5m = SP Re-rate27 Nov 2022 15:25
From RNS dated 24 November.
' introducing our new digital platform and signing two partnership agreements which will expand our product portfolio and drive additional revenue growth' sounds like directors are doing what they said they were going to do.
Then further into the same RNS
'In order to continually evolve as a business, remain competitive and further improve the customer experience and efficiency especially for our larger customers, Omega has recently completed the validation process to allow laboratories to automate their Food Print testing using the Dynex DS2 instrument.This has already allowed our partner in the United Arab Emirates to secure a new three year contract with the Dubai Health Authority and will allow our larger laboratory customers to process more tests more effectively and efficiently than ever before.'
So this contract would be connected to their distributor Babirus, who has Omega diagnostics on their page with Food Print and Food Detective tests advertised first. Seems to be alot more going on now and is it a coincidence that the contract with the Dubai Health Authority is for 3 years?