Today's RNS30 Apr 2021 11:23
Very good news but as you can see, not good enough to spike the SP. The markets are being manipulated at the moment with Covid being used as the excuse, it is only companies with solid turnovers that are doing well. Companies that are making a lot of noise with little income, are being found out.
This is not the case with Omega. They are still holding at a decent price with products already on the market and a steady turnover. Only news of a definite contract that will bring in substantial revenue, will really get this moving. Today's RNS is a step closer to that.
Omega are in a good position and Sales can come from various angles, from the Govt or Mologic. If this sector does pick back up then the SP will really start to motor, when/if Sales start coming in. The company can and has only done what it is asked, it cannot guarantee anything. If you believe in the company and believe that they will eventually be awarded with a major deal, then hold and trust in your research and belief. If you don't then sell up and move on, and stop blaming the company for your own poor decisions.