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Larry.
They never stop. They've been at it for months. I'm sure they have an agenda.
Perhaps as we enter a new year they will change though I'll not put any money on it. In any case I would like to take this opportunity to wish all holders a happy new year.
ValJu
With respect.
I for one are fed up with your incessant ranting regarding the BOD/ RNS this, RNS that. Do us all a favour and give it a rest. You've made your point and your desire to continually go on about this is now really tedious. If your invested suck it up, if you're not invested then leave the board. Please.
I feel that there is no chance of further restrictions being introduced yet (before Christmas), not because they are probably needed but because of the political mess the Prime Minister is in. Remember this report is from Independent Sage, this is not the group of [Sage] scientists advising the government.
What is Independent SAGE?
Independent SAGE is a group of scientists who are working together to provide independent scientific advice to the UK government and public on how to minimise deaths and support Britain’s recovery from the COVID-19 crisis
Is it officially recognised?
No. Independent SAGE is independent of government and does not answer to it. It does however share its work openly with the government as well as with the public.
Monty
I don't accept that we are loosing market share in the UK, not at least when you take a view on 2021 sales. Under the large contract with the DHSC we supplied substantial quantities of promate early in the year for which we have not been paid (DHSC dispute). We are however on target to make sales of 100M much of which has come from sales in the UK which excludes business with the DHSC.
With the PCR testing requirements for travel reinstated sales must have ramped up in the last couple of weeks. Also remember it is not just about post arrival in the UK testing requirements driving this but increasingly other countries are requiring folk to be tested before arrival. Not sure how long this will last but surely Novacyt must currently be in a "sales sweet spot".
I agree on top of this our international sales must have ramped up to meet the worldwide demand for PCR testing.
I have generally been satisfied with the quantity of updates issued. It seems no better/ no worse than many other companies that I am or have been invested in.
The job of the CEO is to lead the company in all aspects of its business. At the moment I expect him to ensure all of his staff are working efficiently to sell and deliver as much product that they can in as many places as possible whilst working to ensure the long term prospects of the company improve.
He will not be constantly looking over his shoulder at hourly/ daily share price fluctuations. We want him to get on with the job of improving the long term prospects for the business and hence its shareholders.
For anyone interested:
The Opposition has proposed a motion for a return:
That an Humble Address be presented to Her Majesty, that she will be graciously pleased to give directions that there be laid before this House the minutes from or any notes of the meeting of 9 April 2020 between Lord Bethell, Owen Paterson and Randox representatives, and all correspondence, including submissions and electronic communications, addressed or copied to, or written by or on behalf of, any or all of the following:
1. a Minister or former Minister of the Crown,
2. a Special Adviser of such a Minister or former Minister, or
3. a Member or former Member of this House
relating to the Government contracts for services provided by medical laboratories, awarded to Randox Laboratories Ltd. by the Department for Health and Social Care, reference tender_237869/856165 and CF-0053400D0O000000rwimUAA1, valued at £133,000,000 and £334,300,000-£346,500,000 respectively.
The government will be abstaining so more information to be made public in due course. May give some insight into government testing procurement.