RE: Gap up / DOWN19 Aug 2024 22:26
Some pretty clueless deluded posters on here, all this talk about a spike / pump and dump over the last few days on nothing is absolutely ridiculous - this isn’t going to go away for months, probably years, and the company have made it clear they expect to shift lots of kit (as they did previously) and are already established example with the UK gov to do so
Also talk of a placing is ridiculous there’s no need for any placing. The company is cash rich and hasn’t had any placings or appreciable dilution since it’s £12 per share heights in 2021
So based on all these facts and past experience, there’s no logical reason to my mind why the stock shouldn’t continue to climb over the coming weeks - so long as all the Western Governments US and UK gov ‘Don't’ categorically confirm that hospitals and care homes will definitely ‘Not’ be required to perform any screening once symptoms present themselves
The virus is airborne transmissible, and will no doubt mutate several more times before it subsides, so a lot of Assays will be needed - not sure about airports and travel but I see China Asia South Korea are already moving on this
It’s an awful situation but the fact of the matter is western countries will have to start at least screening - and presumably (after taking lessons from previous government) before symptoms present themselves, rather than after
Also a hell of a lot of holders in this stock with averages well over £3, I learn that some have sold at losses with the hope the stock will retrace to rejoin at much lower SP at a later date
Can only wish Good luck 🤞 on that, and hope you don’t chew your fingers to the bone
DYOR