Member Info for Davde

The fund raise provided over £2m for additional working capital, presumably to enable the production of stock.

£2.3m in fundraise for working capital, that usually means stock build up.

We did sign a 3 year framework agreement in Dec 19. GB became a non exec May 20. Sure all will be revealed in the results.

Twatcher slight correction its not production it's sales for which we have had an RNS. We do not know what they have been producing for stock purposes for instance or for trials. I understand your frustration at daily ramping and deramping and prefer to deal in facts. As further facts become available we will see how far the ODX team have come in terms of delivery against the plans indicated in the last presentation and Q&A. I remain positive at present re ODX future in short and long term, when I do not I will sell.and take my profit.l

Not sure you will ever get an answer! In theory if buys more than sales then yes price should rise however not sure you can just look at 1 day of trades only. Sentiment plays a large part in SP movement and this can be driven by micro and macro economic factors.

Even with 65% plus vaccine coverage and theoretical herd immunity is achieved, does not mean the end of testing required as outbreaks will occur inevitably in areas with low vaccine uptake, think measles. The whole world needs vaccinated and the logistics of doing this means it will take time, the idea we will be back to normal in the spring without the need for testing is highly optimistic. Testing will be required for years imv. The BT technology has other uses apart from Covid, so there are many opportunities to develop further products as a consequence. We need to wait and see how it all goes, but as always with investing patience is required.

DV are still forecasting £4m revenue for 2020, second half significant chunk of that. So money coming in from promised initiatives, it would be nice to know from which ones, but think we will need to await results.

Scardey_cat we already know that Odx and Avacta have had initial discussions. Until anything firm comes out of these discussions anything else is pure speculation. I am expecting an update 're Mologic very soon.

Dr_Kaboom a takeover possible but who knows! TST a definite bargain at current MC, but possible illiquid share so maybe not cheap for long! Nice to see movement in SP, long may it continue.

28th Oct RNS indicated interims to end Sept. Full year results well into next year unless I am reading it wrong!

RTN have positioned themselves well for post Covid. Cut out a large proportion of loss making sites, if not all, by bringing forward restructuring plans. Renegotiated rents to improve profitability going forward. In a post Covid world SP will do well, it's a question of when, but I can see £1.50-£2.00 in a year or so. Cannot see a takeover unless it's a very attractive offer, but you can never say never. I can see RTN planning expansion either organically, in particular Wagamama, or by acquisition of quality high margin brands.

Amazing up on only 1 trade! Think you are right somebody maybe looking for stock. Hopefully they do not find it for a while!

Incorporated 2 months ago working out of his/her garden shed or spare bedroom. People wasting money buying anything from this site!

Apologies missed these have been busy with my two boisterous grandkids this afternoon! Absolutely knackered.

Not clear why some think expansion of Abingdon will impact ODX. ODX have a contractual agreement to provide at least 25% of the RTC contract so no change regardless of Abingdon capacity increase.

There is a rationale that key workers will have had higher exposure to covid than the rest of the population. Extrapolating that to a quarter of the population is a bit of a stretch. I have not seen any prevalence data for a while but find hard to believe 25% of population has been infected in June it was estimated to be 6-7% over UK. Think we would be lucky to have reached 10% by now. It's good news either way as highlights need for antibody testing prior to vaccination.

Figtree if you mean takeover by Abingdon then agree. Good find re holding thanks.

Safy Abingdon has done raises in past, I believe A VC owns 23%. Not been able to access full ownership as you have to pay for that!

I would sell my shares rather than be given any Abingdon! Do you really think the Abingdon IPO is anything more than an exit strategy for existing Abingdon holders I don't.

My wee brain hurting, so will look again in the morning as still a bit confused re Liverpool contribution!