RE: What to expect7 Jun 2021 05:59
Serious question? All imo:
1/ it's been trading sideways just like it did over Christmas and for about the same period except now at this higher level.
2/ the higher level reflects the more advanced stages of the products and the new partnerships, arrangements and contracts in place since then, including BC, MH, PHE, and as far as we can tell UNICEF. The Covid 96 kits have gained approval finally in India and passed review wherever tested by studies with flying colours.
3/ the chart will show you where it will go with positive news, those expected include release of PoC, EUA for the Covid 96 kits, any PHE sales for the 3 CE marked products, any BC sales, and who knows UNICEF, MH, the elusive EU MoH contract
It is not just a Covid play fortunately, but a business with serious partners and products at commercialisation stage to ensure a long term future and plans for further.
You can't compare to a different sector, it works to its own timescales with regulatory hurdles and sales cycles to account for (note BC started their activities not so long ago in terms of those cycles). The timing looks like it should be right now and there are interesting correlations on the chart.
Will we get what we want this month? I have no special insight, but you asked for reasons to be positive. I note you posted on another board the buffet quote about patience. Good advice that.