TO AVOID DILUTION
HAVE YOU VOTED AGAINST THE WARRANTS?????
CALL YOUR BROKER AND VOTE TGEM DOWN. ONLY FEW DAYS LEFT BEFORE WINDOW CLOSES.
REMEMBER TO VOTE "NO" TO THE WARRANTS. JUST CONTACT YOUR BROKER AND ADVISE YOU WANT TO VOTE NO TO THE 4 RESOLUTIONS.
AVOID DILUTION...VOTE NO
Or he may have already forward sold them, either way it isnt an issue.
The sideshow is nearly over so we can ger back to watching the company grow, and with it the SP.
He had 38m so has 12m left.
No great shakes for me, we did 25m volume in first 30 mins today. If anything i think we will see him release the good news now that is backed up so he can watch the SP double then sell at the top.
I've re-read that RNS a few times, it sooths the nerves!!
Massive mainstream news coverage since that RNS, so DEMAND will only be higher.
Meeting MP tomorrow.
The first whiff of a NHS pre-order, MOU's around the world or the like wil send this into outerspace.
Its easy to worry at the moment, especially with people putting it down but their agenda is either they are short or they want cheaper entry, otherwise why bash....remember that.
From RNS: "The masks are expected to go into production in Nottingham later this month and will be commercially available from December for healthcare, transport and food service settings initially."
Suggests all the 5m masks will go to these places, so to supply retail and global demand they will need more machines.
This whole constant disappointment with the PR. It is because ODX do not own the PI for the products i.e. they are just a manufacturer not the designer. Hence Abingdon and Mologic PR the **** out of their products, however they wouldn't let ODX market them as they wouldn't have control over it and who know what damage could be done .... resuslting in law suits and all sorts.
All ODX can market is there facilties and capabilities to produce high quality **** but they won't be able to market the products.
woo hoo
From RNS - "The production line, which is manufactured in Europe, has the capacity to produce up to five million standard or anti-viral face masks per month."
If they sell them all each month then the figures are nice;
5m x say 50p per mask (welcome views on this) = £2.5m revenue per month.
Profit percentage on each mask?? say a conservative 40% = £1m profit each month.
£12m per annum.
Its really just about how much a business is worth vs how much its shares are trading at. Once odx receive all the orders they are hoping for its a case of calc'ing the PE Rtio (or other form of valuing a business) to see if u are getting good value, or not.
Difficult to price odx as we dont have pricing info...or orders yet.
This isnt the ODX abc test, its one by fortress diagnostics.
Well it isnt ever going to be a smooth ride investing into a minnow like nccl who are trying to pull off a near impossible feat like developing a billion dollar power station in mozambique. Its very high risk, but with high risk comes high rewards if you have the cahoonaz to see it through, or you may lose your money. **** or bust ey. But what a ride!!
Hanno's last interview he said 3 bits of news this month, its not Oct yet so it isnt really overdue yet, but in true NCCL style it is always last minute or late. If my mind serves me right we're awaiting;
Update on historical costs
Update / feedback on transmission study
Update on tariff
interesting next 7 trading days.
Always bemused me how this stock gets so little volume. If KIBO were at this stage they would be 10p ... bemusing indeed
Who can get a coronavirus home test?
Dido Harding, the head of the NHS Test and Trace programme, said on July 17 that there were no plans "immediately" to roll out antibody testing until "the science gives us that answer we’re searching for".
But Dr Hand revealed that the Department of Health is already in behind the scenes negotiations with the UK-RTC over the purchase of millions of tests before the end of the year.
"We're working with the Department of Health on the commercial side of things, the procurement agreements and so on. One of the key things is to make sure that we provide value for money," he said.
Under Government plans, the tests will be distributed to healthcare professionals first before being made available for millions of people to use at home, who would then send in their results to a central database.
"At the moment, this test is a tool to gather knowledge," Dr Hand said. "The objective is to allow mass testing, which you can't really do by sending samples to a lab. By being able to test millions of people, it will gather information so that we know how many people have antibodies, whether they protect against reinfection and how long they last."
Under plans drawn up by officials, the tests would be free and ordered online rather than sold in supermarkets. Each kit will come in a box with a QR barcode linking to a video showing the user how to safely prick their own finger and administer the test.
All in the name, she pulls cox for a living, got a you know what like a wizards sleeve.
Nope I'm still in, averaged down slightly to 10p.
I'm positive for the company, just didnt think a TO was likely. If it does happen then great I'm sure we PI's will do nicely from it. On the other hand if there isn't a TO then I think the outcome will still be explosive for us PI's once the different glabal juggernauts start paying for licenses etc