Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
No idea but there’s a new market maker on the book this morning, looks like investec
https://twitter.com/omegadiagnostic/status/1374302731037446144?s=21
Global marketing manager
I never said it was a buy or a sell, for that amount of money who knows how long it's been worked
trade just printed
15-Mar-21 17:06:15 93.00 640,500 Buy* 91.00 92.00 595.67k
Yup, laughable today, vwap is still over a quid so the volume on the drop's rubbish, not enough sells to worry about and it'll be less than 5% traded going on what's showing up so far
then they delayed trades show up tonight and over the next few sessions......
shake baby shake!
nope, I think we'll see a 5p spread by 15.30
finally coming off?
going to close 11% below the vwap, how does that even work.......
The frustration about watching this share is the number of delayed trades that show up everyday or the day after, L2's pointless a lot of the times. I will say the other week though when the Maugham accusations were coming out the mms dropped it over 20% in 5 minutes with hardly a trade to back it up, really dirty move
110 on the bid now
OMEGA DIAGNOSTICS GROUP PLC
("Omega" or the "Company" or the "Group")
UK Government manufacturing contract
Board appointment & trading update
Omega (AIM: ODX), the medical diagnostics company focused on CD4, infectious diseases and food intolerance testing, announces that it has agreed a contract with the Department of Health and Social Care ("DHSC") to provide manufacturing capacity for COVID-19 lateral flow antigen tests, as part of the UK Government's well-publicised target of producing two million lateral flow tests per day.
The intention is that as soon as the DHSC has access to a test that has successfully passed a performance evaluation, the test will be licensed for Omega to manufacture. As part of the contract, DHSC will loan a number of key pieces of manufacturing equipment.
This will facilitate the necessary expansion in production capability in Omega's Alva-based facility, to ensure the tests are made available as soon as possible.
The Company anticipates that the above actions will provide the Company with capacity to produce approximately 2 million tests per week by the end of April, when combining the Government-loaned equipment with its own manufacturing equipment. Omega expects that this capacity will be sufficient to meet the expected demand for lateral flow COVID-19 antigen tests, with enough remaining capacity to be used for VISITECT® CD4 or COVID-19 antibody tests according to demand.
Board appointment
As separately announced today, the Board has appointed Simon Douglas, who has over 25 years of Board level experience across a variety of Diagnostics, Life Science and BioPharma companies, as its new Non-Executive Chairman to support the Company and the executive team in delivering shareholder value through its next phase of growth.
Trading update
The significant contribution to future performance expected from the DHSC contract above will impact the new financial year ending 31 March 2022. For the current financial year ending 31 March 2021, the Company's Food Intolerance division has held up well, despite the impact from pandemic lasting longer than originally thought. Sales are expected to be in the region of £7.5 million for the year ended 31 March 2021, which is a reduction of 19% over the previous year. The Board is encouraged by this performance given that food intolerance sales in the first quarter of this financial year were 47% down over the first quarter of the prior year.
We’ll get a clearer picture when the delayed trades start showing after 9am
On the book today
fishing for stop losses?
and here they come.......
Delayed trades will start appearing after 9am, usually in excess of 10k shares at a time, they'll be pulling it back to gain enough shares to fill those trades. Same story every day
it's only up 13%
600 trades valued at more than £1.2m in 20 minutes, mms just made a bomb on commissions and the spread
Wait till after 9 when the delayed trades start appearing.....