Member Info for G-Man11

for ODX since day one of them announcing their Covid plan. I genuinely believe the SP will rise again, we may see a small rise after the UK Gov speech tomorrow but will see a rise on production. I have some concerns however;

- what % of the profit does Omega get considering its going to be split 5 ways. If its under £10 a test then that's not allot of profitable margin

- 100k a day produced initially moving to 200k a day. This tells me that the Gov don't have any intention of supplying world demand Yet. When asked about supplying the private sector, Colin quickly reverted back to saying it was a UK Gov lead operation. This suggests to me that they won't be selling privately to begin with. This may change down the line however.

- the SP has clearly factored in the DF news before placing.

I do think Omega has leg room here but I now believe it will come much later and won't be the highs we first thought. For that reason, I've reluctantly sold out and will keep a close eye on things come closer to production when I hope to buy back in. Good luck everyone and please don't see this as a deramp

have to take it back down to placing price of 40p. Far too many people jittery and pulling the plug.

Once we hit 40/41p we should see a bounce

on the news and making their 10-20%. These folk will buy back in again once we are back at 50p and that's when we will see it rise steadily

Pilgrim I'm very aware of what tests are out there and there are numerous at home tests, both antigen and antibody...... but this is the first one that looks like it will make ripples in the antibody testing world

It's not the first home test in the world, Abbott and Roche have them. It's the best in the world though

888888,

How did you come to those figures? Just wondering because no information on costs to produce the device, % of profits between the consortium, country of sales, expected number of sales etc hasn't been released?

what to make of Cytivas last tweet https://www.sciencedaily.com/releases/2020/06/200611152453.htm

It doesn't bode well for interferon but I guess if it saves lives, it's more important than developing lung issues

They need to release this information as we are splitting the money 5 ways essentially. It could be that some of the consortium are working to a fixed price and not part of on going sales.

I only wanted answers to my questions lol

Let's hope Omega release that information soon, it's kind of pertinent to us shareholders

the cost of making the test and what percentage Omega will get per test?

Crystal clear that design freeze will be achieved by the end of June. We have two trading days left and I have every faith we will get that RNS on one of those days.

I think we will climb this afternoon to 55p. If we get an intra day design freeze RNS then expect a flurry of buying before the weekend and SP to reach new highs

left in June and in my opinion, tomorrow will be the day the DF is announced and the project picks up pace. Hopefully we can see a nice healthy rise on the next RNS

Moneymaker66 you are plucking these figures from thin air mate. You've got zero credibility on here and if you're not invested here then take your pathetic attempts to deramp and shove them between your gluteus maxemus

Let's be crystal clear, there is no vaccine. Yes one may be fast tracked for later this year but that wouldn't affect the demand for testing for a long while.

Even if a vaccine were available today, it would need to be used as a double header with testing.

As many countries start easing restrictions, they will rely heavily on antigen tests to keep them running.

We are in the midst of our summer and there's still record highs worldwide. We have 2nd waves starting to take effect in different countries already.

The biotech breakthroughs and knowledge gained from this virus will pass on to the next pandemic in years to come.

Avacta really is taking its place on the centre stage and I applaud everyone who's stuck with it. It's going to pay us all well shortly

really are playing some games here. They're definitely going to shake off all the day traders and free space up for the real investors

RNS and more of a hint that they've got the spec / sens where they want it.

Definitely should see a rise in SP today but the big level up will be upon release of the spec / sens results

Probably true but it doesn't stop it spreading from person to person, doesn't stop it spreading indoors, on transport etc.

Its a pointless article, most flu strains struggle in the summer but we are mid summer and still seeing record highs and second waves worldwide

Is it definitely a buy?