RE: Trinity Delta Research Note: 280p30 Jun 2021 09:24
Not come across this Research firm but they specialise in the sector. I liked their methodology and approach. The forecasts are conservative and attribute only 52p to the diagnostics division on what we know and modest sales without any Gov capacity. The selling price and margin are more realistic cf the last Finncap research note which still assumed a £10 sale price per unit. However, given the test results, in my view there is a reasonable expectation that this will be revised upwards on contract/sales news.