Member Info for Invest4theLT

Peel on Bid now

NT to buy

New Q&A response on FDA website:

‘ A: We are currently in a different phase of the pandemic with respect to tests than we were previously, where many COVID-19 tests are now authorized to be run in labs. We prioritize review of EUA requests for tests taking into account a variety of factors, including those discussed in the Emergency Use Authorization of Medical Products and Related Authorities Guidance, such as the public health need for the product and the availability of the product. We have, for example, prioritized review of EUA requests for tests where authorization would increase testing accessibility (e.g., point of care (POC) tests, home collection tests, at-home tests) or would significantly increase testing capacity (e.g., tests that reduce reliance on test supplies, high-throughput, widely distributed tests). In light of this and the recent HHS announcement that FDA will not require premarket review of LDTs, to make the best use of our resources for the greatest public health benefit, FDA is declining to review EUA requests for LDTs at this time. FDA continues to prioritize review of EUA requests for POC tests, home collection tests, at-home tests, tests that reduce reliance on test supplies, and high-throughput, widely distributed tests.’

Another 169k

2 x 100k trades

107 are sells and 107.75 are buys

£100k anyone?

No hiding that one!

Presumably we carry the remaining £1.5m loan notes debt on the balance sheet for the time being.

Considering the company had notes for BGF and GHIF the balance sheet is definitely a lot healthier now, and after the sales kick in, will be even better.

The conversion price was originally 29p but has had an adjustment due to the placing earlier in the year (I think). That’s quite a generous adjustment though.

They are going to make a mint from this conversion to go with the money they’ve already made this year. It’s clearly been a good investment for them.

Along with an update on country approvals and POC progress etc hopefully.

Blockbuster or maybe just more updates. Either would keep people interested and show holders that progress is being made.

There are positives in the rns Dave77 but people wanted more. These things clearly take time though. I too would like regular updates showing progress. We’re left waiting too long without any news. For example, maybe they could let us know when the lab is set up and e2e validation underway. Having said that, there was a post yesterday morning saying it took two weeks to get the wording agreed, so by the time we hear they’ll probably be even further down the line.

The main positive here is BC are still working with us.

Those 10k buys keep coming

Fair few 10k trades this morning (again).

https://twitter.com/moilgas/status/1309020239573610496?s=21

Thanks Safy. I also picked up on the reference to the final results update - it came a year ago next week. So if no news this week we might get an update shortly anyway along with the final results.

https://twitter.com/bigbitenow/status/1308794469941116928?s=12

Why have they done a UT at 124 when we finished at 122? They did the same type of thing at close yesterday. Wanting us to open down again I guess.

More 10k trades. Big day for them.