Member Info for Lookingatstars

Thanks Ctw and GGG. Makes sense

Does anyone know what 'constant currency' means when they are saying revenue would have been 13% higher on that basis?

Thanks DL
As I say - I'm no expert so will bow to your knowledge. In which case it is a huge shame they haven't gone one step further to remove any doubt and be able say it explicitly on the marketing.

See below link to WHO definitions of COVID-19 and SARS-COV-2.
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/technical-guidance/naming-the-coronavirus-disease-(covid-2019)-and-the-virus-that-causes-it
I wish they had made it clearer as I don't think the market understood this and the Sept announcement should have had a bigger impact on SP than the July one!

Hi DavidLaw
I'm no expert but my understanding is they have tested D2P on the exact virus which causes COVID-19. The initial tests by Eurofins announced on 23rd July were on a surrogate bovine form of CoronaVirus as they couldn't initially find a lab with spare samples of the SARS-COV-2 strain which effects humans. However the subsequent UNICAMP University test results announced on 14th Sept used the actual SARS-COV-2 strain of the virus. They used a bovine foetal serum as the host cell (funnily enough they don't experiment on human foetuses!). COVID-19 is technically the term of the disease in humans not the virus itself which causes it. They have established that D2P kills the virus which causes COVID-19 (SARS-COV-2) within 1 hour of contact. I agree they could have made this MUCH clearer in the announcements but if you re-read the 14th Sept RNS - that is what it is effectively saying.

…there most certainly is

We should all be clear that they are not seeking any further tests and that they have tested against the virus that causes COVID 19

Crazy fund - when did you send your enquiry? Before the announcement on Monday? That was the stock response in relation to the Eurofins testing. I suggest you resubmit in relation to the UNICAMP testing which is the independent laboratory testing they were waiting for. That is out of date as they are referring to the April RNS

...i.e. there is no more testing they need to do!

SARS-CoV-2 is the virus that causes COVID19 disease in humans. It is THE virus that the whole world is panicking about and SYM have proven that D2P kills the virus within an hour. I don't understand why this isn't going ballistic. They probably should have made the RNS clearer that this is THE VIRUS!

Can I just mediate a little and say that I agree with Sam 7 that Director bed and ISA dealings do unsettle the market in the short term simply because any Director deals tend to suggest that there is no significant deal news in the immediate pipeline. A lot of short term traders therefore come out and go elsewhere. I don't know whether ISA transfers count as inside deals but as they have to be announced I assume they are. However I also agree with Truro that I see it as very positive in the medium term because it is only worth doing a bed and ISA if you think there are significant CGT savings to be made - i.e. big gains to be had on the price at which the ISA transfer is made. I think the Directors are perfectly entitled to do this and I have done the same with this share. I see it as a medium term positive in that they are taking the opportunity to load up their ISAs when they can. It possibly means there is no substantial announcement in the immediately short term, otherwise they would probably get in trouble with the tax man, but if you believe in this just relax, hold and wait for the news as it could be big. Don't worry about a short term pull back.

Agreed. I know this company have a history of over-promising/ under-delivering but this is probably the most tangible announcement for years. They have tailored the business to the established revenues, and appear at last to be gaining traction with the potentially much bigger (in my opinion) side of the business. I would have expected some movement here. All I can think is it's a case of 'Cry Wolf' unfortunately.