Member Info for EthioEthio

1st of a few RNSs coming in next few days.

This test will sell for more money than the UK-RTC antibody one. More money for ODX. It will have the Omega brand.
It will test for 3 antibodies.

Mologic antigen, being trialed at Heathrow will be huge. A quick LFT test to see if someone has covid 19. Not just Heathrow,
other airports around the world will use it too.

ODX is about to fly.
Great entry price newbies
GLA

Panderman

I just did a quick check on WMH placings.
The placing shares hit the market on 20th June.
Your SP just after the 20th june fell below placing to 1.22 all the way to 107. Way below placing price 1.28. How can you not recall that if you were in WMH?
Your placing shares held you up until 31st of July when you started to clime back up again to 1.77
This just goes to prove my point.

I have only seen a few stocks where the SP was not affected by placing shares hitting the market.

By the way, i strongly believe we would be mid 30s if flanks came before placing was announced.
I also think we may well go back up to near 30s once we clear them and it won't take long to clear 24 million shares.

Panderman

Give me a logical reason why you think our share price with the flanks NOW is less than it was before flanks was confirmed?

While you are at it, go and check other stocks which have just placed and see if their SP has dropped

Vol. Sold 1,679,127
Sold Value £377.80k
Vol. Bought 5,566,978
Bought Value £1m

As MM have 34 million placing shares, they will need to sell them and only way they can find buyers is by keeping sp low. At 28s, 26s they will have sellers not buyers and what they want are buyers. Look at the above figures and you will see they're achieving exactly that, selling. Same yesterday. There was more buys than sells. When they finish selling the stock they have in hand, placings shares, a quick move back up to levels. Peeps forget, MMs job is to provide liquidity. All i have seen today is buy after buy and the price has not gone up as much as it should have done. You see it time and again after placings hit market. Some think they will see an RNS telling them who the ii that took the placings are etc. I don't think you will.

trades for last hour...see the number of buys
Sep 2 2020, 16:27 22.66 1,035 22.00 23.00 Buy £234.531 O
Sep 2 2020, 16:27 22.774 4,390 22.00 23.00 Buy £999.7786 O
Sep 2 2020, 16:25 22.774 3,166 22.00 23.00 Buy £721.02484 O
Sep 2 2020, 16:25 22.66 17,687 22.00 23.00 Buy £4,007.8742 O
Sep 2 2020, 16:23 22.774 19,485 22.00 23.00 Buy £4,437.5139 O
Sep 2 2020, 16:23 22.774 4,659 22.00 23.00 Buy £1,061.04066 O
Sep 2 2020, 16:22 22.61 50,000 22.00 23.00 Buy £11,305.00 O
Sep 2 2020, 16:21 22.774 1,203 22.00 23.00 Buy £273.97122 O
Sep 2 2020, 16:18 22.61 4,450 22.00 23.00 Buy £1,006.145 O
Sep 2 2020, 16:17 22.61 5,000 22.00 23.00 Buy £1,130.5 O
Sep 2 2020, 16:11 23.00 11 22.00 23.00 Buy £2.53 O
Sep 2 2020, 16:10 22.774 4,390 22.00 23.00 Buy £999.7786 O
Sep 2 2020, 16:06 22.61 7,988 22.00 23.00 Buy £1,806.0868 O
Sep 2 2020, 16:04 22.625 491 22.00 23.00 Buy £111.08875 O
Sep 2 2020, 16:02 22.60 6,531 22.00 23.00 Buy £1,476.006 O
Sep 2 2020, 16:00 22.774 30,000 22.00 23.00 Buy £6,832.2 O
Sep 2 2020, 16:00 22.60 965 22.00 23.00 Buy £218.09 O
Sep 2 2020, 16:00 22.60 29,796 22.00 23.00 Buy £6,733.896 O
Sep 2 2020, 15:58 22.60 10,000 22.00 23.00 Buy £2,260.00 O
Sep 2 2020, 15:52 23.00 14 22.00 23.00 Buy £3.22 O
Sep 2 2020, 15:50 22.625 4,136 22.00 23.00 Buy £935.77 O
Sep 2 2020, 15:50 22.774 5,831 22.00 23.00 Buy £1,327.95194 O
Sep 2 2020, 15:48 22.875 19,366 22.00 23.00 Buy £4,429.9725 O
Sep 2 2020, 15:45 22.875 19,366 22.00 23.00 Buy £4,429.9725 O
Sep 2 2020, 15:45 22.60 514 22.00 23.00 Buy £116.164 O
Sep 2 2020, 15:44 23.00 17 22.00 23.00 Buy £3.91 O
Sep 2 2020, 15:44 22.57 1,108 22.00 23.00 Buy £250.0756 O
Sep 2 2020, 15:43 23.00 8 22.00 23.00 Buy £1.84 O
Sep 2 2020, 15:43 22.774 815 22.00 23.00 Buy £185.6081 O
Sep 2 2020, 15:38 22.5501 8,338 22.00 23.00 Buy £1,880.227338 O
Sep 2 2020, 15:37 22.525 44,421 22.00 23.00 Buy £10,005.83025 O
Sep 2 2020, 15:37 22.79 500 22.00 23.00 Buy £113.95 O
Sep 2 2020, 15:34 22.7975 150,000 22.00 23.00 Buy £34,196.25 O
Sep 2 2020, 15:32 22.6975 88,062 22.00 23.00 Buy £19,987.87245 O
Sep 2 2020, 15:31 23.00 43 22.00 23.00 Buy £9.89 O
Sep 2 2020, 15:31 22.6975 17,62

GGGT - buy orders? not enough sellers?

"5m.3m buys

1.7m sells now"

Volume is cr@p. Same as yesterday. MMs will need to clear them shares but at current volumes, it may take a few more days. With amount of buys multiple of the amount sold, we're still down and that is all to do with the placing shares. Some don't believe it but hey.

Thanks MB
Looking forward to a mega RNS from CK.

MB, what do you think of the WHO approval we saw for mologic on the who website. Why has it not been reported.

Automation = big volume
What USA needs right now is numbers and quicker tests
GDR could end up making Millions from this deal.
A lot of people may have underestimated this BC deal but it can end up being a monster. Forget the past.
100,000s of tests in 2 or more labs will make GDR millions of ££££££. Esp if they work 24/7
At £8 - £10 test, it will be huge.
NOTE: FDA is not required with BC.
Also note, DB has failed on 1 deadline. He does not want to miss another deadline. That 6 weeks estimate is worse case. news can land any day. way before 15th Sep.

With GDR's MC and limited number of shares compared to the rest of the covid stocks, a quick clime back up to £2+ is really possible

At odx, i was given option to take 20% placing shares at 40p. The SP was in mid 50s at the time. Way before the placing date, i forward sold 20% of my holdings at 55p. After receiving my placing shares at 40p, i end up holding the same number of shares as i originally did but made easy profit. Most IIs do the same.

newtothisgame2
You see it on AIM time and again. Placing gets announced by a company, the sp drops to or just below the placing price( Not always). After the shares clear, SP moves back up. We've all seen it.
When placing shares hit the market, MM have a lot of shares they can play with and make money by opening up the spread.
The IIs would have forward sold for guaranteed profits long before we got to 22.50.

Safy - just like Mologic, we will have WHO approval next week. RNS next Wednesday seems certain. buy buy buy

https://www.who.int/diagnostics_laboratory/200901_eul_covid19_ivd_update.pdf?ua=1

I mentioned in my earlier post that WHO will be this week.
It seems we have it for Moloic now.
RNS tomorrow.

Last week, it was on "more information required from manufacturer".
That has now changed to "Stage Complete". We did say last week that we will get it 1 week after more info required stage and that seems spot on. By the way GDR will get WHO next week on this calculation.

We should expect an RNS in the morning. :) 1st of the many RNSs that will be dropping next couple of week.
Get in!

get in

Mologic at ODX - stage complete - wow

When placing shares hit the market, the price gets depressed until they clear. Nothing to panic about. More buys than sells today and yet the sp has dropped and it can only be placing shares. Its a chance to top up for those that can. In my experience sp will move back up very quickly when they're cleared. Its a waiting game for news and we must be getting close now.

The spread is huge so many trades may be printed incorrectly.

ODX will be the manufacturer for the test kits. Profit margin is good so if Mologic get this contract, its huge news for ODX.

This week, we may get WHO approval for Mologic too.

MHRA must now have Ulster uni ease of use results for the UK-RTC. Contract may follow shortly after that.
ODX is the place to be. We're about to shoot up.

When the placing shares clear, parabolic. I posted last week saying it should clear in a few days if we get good volume.

If you think about it, current share price is minute Flanks. i.e, the share price was 22.50 BEFORE we got flanks news and therefore, a move back up to 28.50 after placing clears is imminent. My guess, end of this week.

https://www.facebook.com/borisjohnson/videos/520132295313464/

PS...
Don't forget the price of Gold, Copper and Nickel are much more than 2017 and continue the uptrend. If you did not know , now you know why every lth has not sold a bean and esp the BoD, track load of shares all the way to sale