From hero to zero alas the maths2 Mar 2020 07:17
As I depart on the bell after realisation. I thought I would once again leave all the hard line zealots with a gift. The maths and cold hard fortune of what 0.93m over 27 days has meant (disclaimer these figures were started by a number of posters as a ramp before realisation of what they have produced this was the extrapolation to smokingjoe)
They had already announced 80,000 tests sold prior to this (check the rns)which is included in the 0.93m. So 80,000 x 6.50=520k.So in reality with that maths they have only done another 67,000 units.....in 10 days.
Back to your maths smokingjoe.
They said they were converting half you say 10 days ago so 144,000 also on top of the 80,000 sold we already knew so that’s 224,000 units then....so 0.93m divide by 224,000 we now at a unit cost (if they are telling truth) of £4.15 and this was what all of 10 days ago? So with further break out, nations and demand wouldn’t you have expected a whole heap more? Say 500,000.... You have just proved exactly what I realised Friday night. Are they selling these for peanuts in which case they have to shift millions so let’s not even discuss margins or are they just not shifting and that’s why we got a value in Friday rns rather than units. Clarification required I would say.
All the best. Spin be praised. Gla. Que the attack of the poster not figures.