The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Interesting update for sure but can someone help explain why ODX will benefit from this? Would GAD not fill the supply for any tests made and distributed in the US or has ODX confirmed they will be manufacturing these as well?
Been so much info over the last 18 months, it can get confusing.
Thanks
We all thought getting regulatory approval in Thailand was pointless but actually may be a stroke of luck on DB’s part.
Thailand have just had a massive surge in Covid infections and have stopped all testing due to a lack of availability in supplies.
If DB can get a move on, this may be very lucrative for GDR and getting in early, we all know what that could mean! $$
Couldn’t agree more Vascular. Whilst I think the RNS could have been worded more eloquently than it did (known issue with ODX) the facts are clear as daylight. We have just been awarded a huge contract that will transform this company in the coming months and years. What is not to like about that.
First of many contract awards! Keep them coming DHSC
£2.50 easily based on this contract alone. With other revenue steams, £4-£5 in the short to medium term. Can’t understand why people would be deramping even after being awarded this huge contract
@pica - wish you well too mate. No doubt will be interesting to see who ODX will manufacture for and I’m sure Avct will soon have its day as well. I only wished I had bought some a lot earlier but you can’t have it all.
Wonder whether they will confirm Mologic TT as well as the contract award. Key piece of info will be if we get confirmation of how many units this award is for. Hopefully, we can then get Finncap to rate OdX which will help get new investors onboard.
Grinning like a Cheshire car right now :)
Well done to all those ignoring the noise. Two fingers to Twatcher and chums ha
Apologies if this is already common knowledge but came across this link and the re-rate in SP looks as though it will be very soon
https://www.gov.uk/get-workplace-coronavirus-tests
£8bn contract up for tender and ODX are one of the govt named suppliers. Couldn’t give a toot whose test it is, all I know is ODX will get a nice slice from manufacturing and the likes of Velastic and Twatcher will be ****tin* there kegs lol
Really need DB to be more proactive with the comms. Has always been GDR’s weakness imo. If they can provide a steady stream of good quality comms, then this will rise. If not, I dread to think how this will go but I’m holding out as I know the potential here. Just need confirmed sales and this sky rockets based on the low market cap.
All this talk of takeover etc. Is bill. David Budd needs to ensure there is regular updates and comms with shareholders and definitive confirmation of orders before we all start comparing ourselves with NCYT.
They got to £12 because of confirmed orders and nothing else. Whilst we have a good product, doesn’t mean **** if we can’t sell a bean.
Don’t be surprised if this drifts low again if there isn’t decent comms.
With all due respect nobody gives a sh*t pal. You keep posting about how you’re still waiting for GDR to hit £2 so you can break even.
Starbright - I think you’ve told him many times but for some reason Tuan just doesn’t get it.
Boom indeed