Member Info for MIKODX

The very next day

This stock is doing well, but can't see it topping SNG, although it has every chance of surpassing SNG's £2.38. I went to bed on the 20th July with SNG closed at 36p. The very next it hit high's of £2.38. Nothing tops that.

Huge share volume today. Must be near to some news.

Wow this is taking off quicker than I thought it would. Keep going baby, soon be muli bagging.

It's been great watching the race today between ODX and 4D. Looks like 4D gonna win it. A green day for stocks today.

Why the rise??

https://www.abingdonhealth.com/register-interest-abc-19-rapid-test/

So it looks like Abingdon will be producing trial batches for Professional use, which will undergo further validation before orders can be ramped up, which is where Omega will come in. Hate to think what would happen if this doesn't pass validation.

Don't see this happening though, and news should drop any time this month. The sooner the better, it's been a long hard slog waiting for this test to arrive, and for the SP to pop. I'll be ordering one as soon as it lands, and multi bagging at the same time. Not long to go now.

When you look at a company like Novacyt who only back in August were trading at 6p, they were on a similar level to Omega, although Omega were doing slightly better back then. They saw highs of £5 when they got contracts to roll out their tests.

Similar thing should happen to Omega, difference being Omega are part of a consortium, so any profits will have to be split across the consortium. But this shouldn't be a problem either because each member will be producing hundreds of thousands of test kits. I'm expecting minimum £2.

We started well, then tailed off towards the end. We've basically ended the week the way we started it. There's been quite a few bed wetters last couple of days, lots of sells. If it weren't for them we could have closed at 60p.

I don't think we will, but hopefully we get some news next week, otherwise it could be another bang average week with the SP doing a U turn South. Right I'm for a spot of Tennis.

Hold and smile.

gl

SIMMODBEST - I do it all the time with some of the stocks I hold, and I've done it here a few times. But I always hold onto the shares that I bought at a low price, I never trade those.

This was announced via RNA back in April. The information is clearly on the company website. I prefer to get news like this from the horses mouth, not Twitter. Anyone can write up anything on Twitter.

http://www.omegadiagnostics.com/Portals/0/ODX%20-%20Chinese%20Approval%20for%20Food%20Detective%20test%20%2802_04_20%29.pdf

Yes, infection rates are going up see for yourself in the Summary Reports.

https://www.gov.uk/government/publications/national-covid-19-surveillance-reports

Such a good feeling making 500 squid with the click of a button. Just sold out over at ALMND. Will be buying back in when it drops back down to 13p. Thought I'd do something useful rather than sitting on here staring at the noticeboard.

https://www.gov.uk/government/publications/national-covid-19-surveillance-reports

Cases are rising. Check the Summary Reports.

https://phe.maps.arcgis.com/apps/webappviewer/index.html?id=47574f7a6e454dc6a42c5f6912ed7076

CV19 is still everywhere.

Kids will be going back to school , and winter will be here soon. People will want to get back into stadiums, theatres, and hotels. Cases could rise. Testing will need to be ramped up.

Even with a low trade volume the SP keeps going up. Demand must be high for SNG shares.

rocky4j, Omega and the UK Govt are negotiating as we speak, not Abingdon.

Yes Chuggley, I think some people forget that Omega are actually heading the consortium. Any deals done with the govt are done through them.

JAdam - You said:

"It is completely wrong to say Omega are just the manufacturers in such a way as to belittle their involvement". he lateral flow test is Mologics and has by them already been CE marked, however the technology is now being taken inhouse with technical transfer to Omega in Scotland (to be completed end of August ). Omega will also be completing the registrations and evaluations etc".

I said:

"Omega are now in the process of incorporating Abingdon tests into their lateral flow devices and CE mark it. This will then be Validated, and once cleared it will be ready for production".

So you've just repeated exactly what I've just said, but at the same time your saying I'm wrong. Can't have it both ways numpty.

Yes we're still waiting for orders from Nigeria, Senegal, China, and India. So many things in the pipeline, orders have to start coming in soon. We will find out how good a Sales team Omega have in the coming weeks and months. CV19 has definitely slowed negotiations down, but now that economies are opening back orders should start coming in.