RE: Abingdon and BBI manufacturing20 Feb 2021 12:22
ODX will be able to do 2 million a week by April. Abingdon and BBI have been scaling up and as stated Abingdon want 150 million a year by years end, which is almost 3 million a week. AS has stated 'millions' a month from BBI and Abingdon. I would suggest as a bare minimum BBI and Abingdon will be able to do 1 million a week each by April. Plus we have GAD (unknown capacity, but let's say another 1 million per week). That's 156 million tests a year, at £1 profit per test. That's being very conservative. It's likely that Abingdon, BBI and GAD will each match the 2 million a week ODX can do based on what we know, which equals 312 million tests a year. That's just the UK and excludes every other part of the business. You only have to add a p/e ratio of 8 to get to £10, and that doesn't include the value of the IP.