RE: Delayed realisation9 Feb 2021 12:03
Don't think there's much to it IMO, the market clearly thinking it'd be towards the latter part of the month, but good luck timing that - it usually moves up as we near the event
S&S results will unlock everything including the several million per month we have lined up (likely much higher), at that point we're looking at contracts/margins/increased manufacturing if successful of course, it should also mean the last 4 or 5 non-LFT RNS' will start being priced in
As for risks:
Macro - Covid is here to stay and testing required for a few years at least (professional settings etc)
Competition - there's a few but only a fraction of required volumes and quality will prevail
Supply - we have 4 or 5 of the top 6 manufacturers signed up
Only smaller countries want our test? - get a grip
Just need AS to deliver - track record to date not great but the interview yesterday sounded as bullish as ever IMO, at least we'll know either way in the next few weeks