Member Info for EthioEthio

With so much more coming up here, i would not sell my placing shares at this point.
I was shocked to see sellers at 41 too like someone pointed out. I would love to see us hit 50 today.

Seller out may be?

2 sell since market opened

Jul 20 2020, 11:01 3.70 0 3.60 3.80 Buy £0.00 O
Jul 20 2020, 11:00 3.80 145,000 3.60 3.80 Buy £5,510.00 O
Jul 20 2020, 10:59 3.75 85,333 3.60 3.80 Buy £3,199.9875 O
Jul 20 2020, 10:54 3.70 750,000 3.60 3.70 Buy £27,750.00 O
Jul 20 2020, 10:54 3.70 100,000 3.60 3.70 Buy £3,700.00 O
Jul 20 2020, 10:52 3.70 150,000 3.60 3.70 Buy £5,550.00 O
Jul 20 2020, 10:51 3.70 113,862 3.60 3.70 Buy £4,212.894 O
Jul 20 2020, 10:47 3.70 13,513 3.60 3.70 Buy £499.981 O
Jul 20 2020, 10:40 3.65 0 3.60 3.70 Buy £0.00 O
Jul 20 2020, 10:40 3.70 100,000 3.60 3.70 Buy £3,700.00 O
Jul 20 2020, 10:37 3.70 250,000 3.60 3.70 Buy £9,250.00 O
Jul 20 2020, 10:34 3.70 100,000 3.60 3.70 Buy £3,700.00 O
Jul 20 2020, 10:34 3.70 25,000 3.60 3.70 Buy £925.00 O
Jul 20 2020, 10:33 3.65 750,000 3.60 3.70 Buy £27,375.00 O
Jul 20 2020, 10:32 3.70 190,000 3.60 3.70 Buy £7,030.00 O
Jul 20 2020, 10:32 3.70 150,000 3.60 3.70 Buy £5,550.00 O
Jul 20 2020, 10:27 3.58 5,531 3.50 3.60 Buy £198.0098 O
Jul 20 2020, 10:27 3.60 55,113 3.40 3.60 Buy £1,984.068 O
Jul 20 2020, 10:20 3.611 137,556 3.40 3.60 Buy £4,967.14716 O
Jul 20 2020, 10:20 3.55 275,000 3.40 3.60 Buy £9,762.5 O
Jul 20 2020, 10:17 3.5799 27,629 3.40 3.60 Buy £989.090571 O
Jul 20 2020, 10:16 3.55 111,891 3.40 3.60 Buy £3,972.1305 O
Jul 20 2020, 10:14 3.58 416,716 3.40 3.60 Buy £14,918.4328 O
Jul 20 2020, 10:01 3.485 43,042 3.40 3.60 Sell £1,500.0137 O
Jul 20 2020, 10:00 3.55 107,647 3.40 3.60 Buy £3,821.4685 O
Jul 20 2020, 09:59 3.55 58,244 3.40 3.60 Buy £2,067.662 O
Jul 20 2020, 09:57 3.55 225,000 3.40 3.60 Buy £7,987.5 O
Jul 20 2020, 09:47 3.55 12,500 3.40 3.60 Buy £443.75 O
Jul 20 2020, 09:38 3.55 440,000 3.40 3.60 Buy £15,620.00 O
Jul 20 2020, 09:36 3.55 30,663 3.40 3.60 Buy £1,088.5365 O
Jul 20 2020, 09:34 3.55 139,566 3.40 3.60 Buy £4,954.593 O
Jul 20 2020, 09:28 3.55 240,880 3.40 3.60 Buy £8,551.24 O
Jul 20 2020, 09:20 3.475 10,000 3.40 3.60 Sell £347.5 O
Jul 20 2020, 09:19 3.55 250,000 3.40 3.60 Buy £8,875.00 O
Jul 20 2020, 09:05 3.55 60,000 3.40 3.60 Buy £2,130.00 O
Jul 20 2020, 09:02 3.55 55,000 3.40 3.60 Buy £1,952.5 O
Jul 20 2020, 08:56 3.55 56,338 3.40 3.60 Buy £1,999.999 O
Jul 20 2020, 08:54 3.55 60,000 3.40 3.60 Buy £2,130.00 O
Jul 20 2020, 08:43 3.55 605,000 3.40 3.60 Buy £21,477.5 O
Jul 20 2020, 08:42 3.55 46,333 3.40 3.60 Buy £1,644.8215 O
Jul 20 2020, 08:37 3.55 29,824 3.40 3.60 Buy £1,058.752 O
Jul 20 2020, 08:34 3.55 24,511 3.40 3.60 Buy £870.1405 O
Jul 20 2020, 08:31 3.545 62,803 3.40 3.60 Buy £2,226.36635 O
Jul 20 2020, 08:31 3.55 95,000 3.40 3.60 Buy £3,372.5 O
Jul 20 2020, 08:27 3.55 181,908 3.40 3.60 Buy £6,457.734 O
Jul 20 2020, 08:11 3.47 117,754 3.40 3.60 Sell £4,086.0638 O
Jul 20 2020, 08:09 3.545 23,803 3.40 3.60 Buy £843.81635 O
Jul 20 2020, 08:06 3.55 205,000 3.40 3.60 Buy £7,277.5 O
Jul 20 2020, 08:04 3.545 36,629 3.40 3.60 Buy £1,298.49805 O
Jul 17 2020, 16:27 3.55 13,500 3.40 3.60 Buy £479.25 O

That may be where we're headed

High risky, high profit here and its come good. well done everyone!

Ghia - you can now come to ODX.
ODX is ready to shoot up before end of July.
home test antibody kit which has 98.8 accuracy. Better than the lab based ones. All of us will be getting one soon.
It would make sense to put some profit in odx. GLA

45p paid

We should go back up to 47.
Some SNG profits will come here as well

expected before end of July
PHE approval - massive PR with it
Sales news from India - may be millions

will they RNS or not?
Much better for PIs if they do but we'll still see a raise if no RNS.

I've not been involved in a sale before. How many of you are clear on the process?

Would the directors notify us the best bid price or would they notify us a bid price and someone else comes in with a better offer? In other words, is the bidding war public or private?

https://www.sharebuyers.co.uk/shares/omega-diagnostics-set-to-sell-millions-of-covid-19-test-kits-to-uk-government/

Investors in Omega Diagnostics will be hoping that its share price will be climbing up swiftly after news that the government is planning to distribute millions of its coronavirus test kits.

A few weeks ago, investors were left puzzled as Omega Diagnostics share price dived following positive news that it made solid progress with its consortium partners in a COVID-19 home test kit. The next steps were to validate that it could be manufactured at scale and meet the demands of the government.

But now, it appears that it has come good on this – a report from the Daily Telegraph claims that major trials have been passed, with the fingerprick test returning 98.6% accuracy on trials conducted in June.

The fingerprick test from Omega Diagnostics and its consortium partners is a significant step-up from from existing antibody tests – these can take days as involved the sending of blood samples to labs, returning results in days rather than 20 minutes.

Confident of regulatory approval in the coming weeks, Omega Diagnostics and its consortium partners are now discussing the prospect of selling millions of the test kits by the end of the year.

According to the report from the Daily Telegraph, these tests would likely be distributed for free by the government and directly available online.

The opportunity for Omega is not just limited to UK, it has also confirmed that it has made moves to sell its COVID-19 test kit in India, a sizeable opportunity with a population of 1.3 billion.

The UK Rapid Test Consortium (UK-RTC) consists of Omega Diagnostics, Abingdon Health, BBI Solutions, CIGA Healthcare and the University of Oxford.

Omega posted a loss for its last full-financial year but announced it foresees the outlook for the new financial year as ‘excellent’ due to the opportunity for the COVID-19 test kits.

sjpw - of course. this has affected all of us in a way we never expected.

Note that i invested here because i think antibodies protect you and because i read 80% of peeps who've had CV19 do not know they've had it and a home test would be in huge demand as most of us want to find out.

I've been here a long time. By investing in Covid companies, we're also supporting the fight. I think you overreacted a bit but i get where you're coming from.

sjpw - if you don't believe antibodies give you protection, why are you on this BB?

sjpw
I said its been reported. I'm not making that claim. read what i said again.

I said it needs to be confirmed/proved. Gov are waiting for confirmation from science.

I don't think gov spent millions buying the Roche antibody test for stats
I don't think they're asking peeps that have recover to donate blood so it can be used for treating others without some sort of immunity or protection.

Like i said, it needs confirmation but chances are antibodies do protect you. How much and for how long is the question.

Newboy58 - Many will be looking to get in. 50+% of current holders will top up to bring their avg down, including myself.
MMs will put this out of reach i think. I cannot see it being less than 40p by 8:15am

Ghia
If you think some of the best brains in the UK have been working 24/7 on a test kit that may be of no use, you need a test from the neck up. When they use word like 'a game changer', its unlikely they are talking about a useless test.

Also note that other countries have been trying to achieve the same goal and have failed. We're in a class of 1. A great achievement by the UKRTC. Demand for this product will be HUGE!!!

It's also been reported that someone with antibody cannot get it and therefore transmit it. This is again something gov wants confirmed first.

"There seems to be a belief here that a positive antibody test would allow you freedom of the town status and reduce the need for social distancing."

The above is one of the main reasons gov is playing this down for now. I would not be surprised if they say those who have tested positive for antibodies can go back to work like they suggested at the start of covid. I would not be surprised to see passports.

Most of us are currently under water but not for long. I agree with everything you listed below. Great entry price but i think we will open much higher tomorrow.

"The test is accurate and fast
They are part of the government consortium
The share price has been in decline recently so poses a good entry price for newcomers
Most of the delays have already occurred"

Ghia

I think peeps have tried to give you as much info as you need.

We have to wait for the science to confirm how much antibodies you need and how long it will stay with you.
However, they are fully aware that antibodies DO protect you from being reinfected. There are reasons gov is
playing it down.
If antibodies were useless as you seem to insinuate, UK RTC would not be global news today.
You personally may not want to know if you have antibodies but millions of peeps are paying roche and abbott over £100 to find out. You are the first person i have seen question demand :)
How can you question the risk about odx when you are in SNG, which is hugely risky. Your sp will collapse if you don't get the treatment on the market There's a huge decrease in peeps needing vents/hospital treatment and SNG would struggle not commercialize their product. I think you need to go and worry about SNG. Odx is going places.

Legin252 - Very much so. Exiting times for ODX.
Great opportunity for newbies to jump in at current sp or even at 40s/50s

Elon, my bad. i confused it a bit. i'm also in GDR :) But we have news coming from India at the end of this month

Elon - i never said that?
Antigen test with approval and we've been told to expect sales numbers in July, may be going to into start of August.
I think it will be end of July, given the statement released by ICMR about antigen test kits. India said they are in desperate need. Which only means big contracts.

1 - Antigen test sales numbers - India in desperate need at the mo - sales may be huge. e may also get more news from Africa.

2 - PHE approval - expected in weeks. It may go into 1st week of August but i doubt that - This will be HUGE

+

Contract news from UK Gov - Hoping that we only sell 75% to the UK - if the cr@p Roche and Abbott lab based tests can sell for £100+ a pop , our home based quick and accurate test can sell for more but i doubt ODX would charge that much. No doubt they'll make MUCH bigger margins for overseas sales.

The PR from the last 2 days will be nothing compared to what we'll get when PHE approval comes.