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I’m sure we’ve all been there and done that at some point, only to watch it rise.
I sold NIO at 1.41p - possibly the lowest point it ever reached - and now it’s multiples higher!
I will be holding these… not going to allow that to happen again!
https://www.sharesmagazine.co.uk/news/shares/avacta-signs-deal-to-accelerate-market-access-for-rapid-covid-19-test
Production capacity agreed with ABDX and the possibility of manufacturing a combined antigen LFT test coming… going to be more demand than supply, and Abingdon is Europe’s largest LFT manufacturer !
Not many shares available here mean it could rise very very quickly indeed if we get some news in an RNS tomorrow
https://www.sharesmagazine.co.uk/news/shares/avacta-signs-deal-to-accelerate-market-access-for-rapid-covid-19-test
Production capacity agreed with ABDX and possibility of a combined antigen LFT test coming… going to be more demand than supply, even with Europe’s largest LFT manufacturer !
the govt wants US firms to buy up UK medical companies in an attempt to lure more buyers in. Drive the SP down by delaying payments so the company can't fight a TO, then invite a larger player to come in a get it on the cheap?
Just postulating what this absolutely corrupt govt games might be or could even already be in play here.
Yup. With absolutely zero sanctions applied.
They are supposed to resign with embarrassment, but nothing will happen.
Just a point of law without any penalty.
https://www.nhs.uk/conditions/coronavirus-covid-19/testing/get-tested-for-coronavirus/
Wonder what will change if this page is updated tomorrow?
Case to be heard in the autumn, by then the LFTs will be in use and proving themselves invaluable. I can’t see GLP raising enough to pay costs for both sides if they lose, so I suspect they’ll reflect and drop the case and pick something else to focus on - like £37bn on track and trace…
With Innova announcing Welsh factory and hinting at another ‘as yet undisclosed’ location in the U.K. of interest too… could they be looking to buy out a U.K. company?
Have Omega been pumped by the U.K. gov to look attractive to a takeover? Just pondering possibilities in this LFT space that is clearly gaining pace wherever you look.
LFTs are here to stay IMO and manufacturing is needed on huge scales.
Just a few more days before we find out a bit more about U.K. gov plans. Staying in for this one, or jumping and regretting what happens here? Decisions, decisions.
LFTs are the future though…. And Omega makes LFTs for whoever needs them.
That's what they'll do. They've said it over and over. LFTs need making, and Omega will be making them. Along with all the other consortium members. Loads of LFTs needed, loads.
U.K. gov: we only want U.K. made tests going forward so we look good to our voters
Innova: oh, but you’ve spent loads with us, why won’t you buy more?
U.K. gov: as we said, U.K. made only, thanks
Innova: bugger… better look into building a manufacturing plant in Wales then…
U.K. gov: do that if you like… but….we have a plan…
Testing isn’t going away - especially for antibodies - as that determines whether to give a booster jab. We already know we will need boosters as immunity wanes and the virus mutates fairly rapidly.
Trials on boosters already underway.
The world is catching Covid and needs protection. Vaccines go further if you test the person first to see if they need one.
Then we have antigen tests - 2 of the best to be produced, just waiting for the U.K. govt to say what they want.
My suspicion is BOTH will get made. Not a binary thing, and all manufacturers have geared up for this already with staff and equipment.