RE: Right price right time19 May 2021 13:04
"This stock will deliver, they have told you countless times what is going to happen."
Can you reconcile this for me please as I must be missing something obvious?
DHCS contract signed on the 12th Feb.
Twitter on 16th AND 17th Feb: "We will manufacture 2m LFT a week by end of April."
30th April RNS: "Omega is currently using its own capacity to produce its own tests and following today’s launch, the Company expects, together with the test to be licensed from the UK Government as above, to rapidly move towards full utilisation of its capacity of 2 million test per week."
So there is an inconsistency here in that they NEVER were going to put 2m a week out in April, and they said they would AFTER they signed the contract. So, this begs the question of what has changed behind the scenes that the DHSC are taking longer than expected?
In my view, if we haven't heard anything to confirm the first orders coming in by the end of this month, then this contract value is essentially dead - if we do get it it will be in small orders that won't excite the SP due to damaged sentiment (and let's face it, we've had a dry run already at the contract when it came out before TESLA and when many thought it was for the full amount - the share price didn't SNG itself x 5 then or anywhere near).
And before anyone says it, I'm not a deramper, or ramper, just a shareholder who has been here for a year and is fed up with the comms not being clear. What I want is for Colin to do a video interview and to explain the points above (and an awful lot of others). A bit of humble pie might not go amiss. GLA whatever you decide to do.