Coronavirus: Just 6% of Britons have antibodies - and levels wane over two months, SAGE warns
This doesn’t bode well for a vaccine. I recall reading a few months ago certain viruses / diseases don’t get vaccinated against because the antibodies last for such a short period of time that it’s not worth doing. Unless the virus mysteriously disappears I think testing will because a way of life for many years to come.
Daddy and Dylan, I agree £30 seems far fetched however that’s only £2bil MCAP, at a P/E of 10 (if this ever gets properly valued) that’s £200mil profit. As soon as people see longevity in the testing market for at least 3-5 years as the virologists say I think we’ll start to earn fair market value. I think true value will come at the end of year report. Then we’ll truly know how much they’ve made and will have a better idea how long COVID will be around.
Wilson, found it, was just curious if you knew of the top of your head. If they can turn these into COVID tests as well NCYT could corner the ultra rapid market on top of PCR.
The Pathflow™ Flu A/B Combi qualitatively detects the presence of Influenza A and/or Influenza B antigen in nasopharyngeal swab or throat swab or nasal aspirate specimens, providing results within 15 minutes.
JRDC, lots of leading virologists say this will continue until at least 2024/25, I think as things progress and we reach 2021, it will become apparent that revenues will continue for another couple of years. Then the long term hold will be even more worthwhile. The fact GM is looking beyond COVID proves this will be a MIDCAP.
Chris, I’m pretty sure the market hasn’t priced in a 20mil Test production let alone the 10mil we knew we were at end of summer. The P/E ratio should slowly start to increase as testing shows longevity. On top of this if there’s a substantial increase in sales We’ll easily do 100% (only £260mil), we’re due 3 months worth of sales that could easily be upwards of £80mil.
I hope so. As usual the surveyor has ruined my plans of an extension so this coming good will negate the need for the remortgage equity. Feeling more confident as things progress. Could do with some fact based info on the Astra T/O talks again though. I think it’s speculation like a few weeks ago. Would explain the price being held back though.