Member Info for mizman

Lamp test is not recognised by many countries, as not accurate . This is just a showcase, a bit of theater.

Lateral flow test from Malogic is the only solution.

Definitely,

Normal traders jumping on a bit of profit. Hopefully we will see some blue later, as this share is de-risked with guaranteed further government orders and profitability.

Let's see the buying this morning. Will be up today.

If I was producing 200k tests a week, c 1m a month, I would be fairly keen to get on the phone and get government to confirm order.

Then sell any spare capacity private. I think this will happen pre vaccine.

Yes the 2.5m tests per week capacity will be allocated to the most profitable products.

Also read between the lines. If government won't allow the consortium private sales, then they want us to stock pile the test for a huge order.

"The pricing model, whilst confidential, is slightly ahead of market expectations and there is the potential to create additional value by making the test available to third parties beyond the UK Government."

So we are getting a better price from the government and better price from private sales.

Count your self luky. Some bought at 4/6/8.

What a total **** CEO and company. Flagship Investment in Tanzania was a pipe dream.

4 - 2 - * - * - * - * - *

BoJo, we have ordered millions of rapid tests!

Are you the esteemed professor?

I did say this morning, would be good to get back above £1 pre news :)

And who turns up spouting negativity?

Yes time for us to rise and get back over a £1 pre news.

Well done. Like the most largest coiled spring in the world.

Production means firm large orders. Just need BBI to leak another tweet.

I'll have peace of mind knowing I won't be passing it on to my elderly mum.

Computer, even if we accept MHRA approval will come with vacancies, pre production will require a solid contract and sales agreement.

We are seeing these being put in place now, so it's all good. However you can still get MHRA approval for private home use sales, but it will not be linked to immunity passports until government is ready. There will still be huge demand even without passport. I'm dying to know whether I had it back in March.

MHRA approval is very likely to be in the final steps. So far I believe that no pushbacks have been relaid to the UK-RTC.

Perhaps it's as Paul stated previously to me, a new process and UK-RTC is the only one undertaking it.

MHRA approval, is well worth the wait and it's in the interest of us all that the process is done properly. Can still land any time and will be the key to unlocking huge value.

With all the bad news out there, it can be perplexing why the share price is down. I think it's still Sneller clearing his final few shares and a TR1 would see a rise.

Add to that the psychological impact of reducing gains on Pi's, lead to a small stream of sells. However Sneller should be running low and coupled with imminent news on many fronts, sentiment will return and we'll be rushing to get back in on a climbing SP.

I'll just remind everyone what Jeremy Hunt demanded in Parliament today. Testing the entire population on a weekly basis by February.

Let that sink in and then look how undervalued the current SP is.

This is early warning for any sitting on the sidelines, or trading for a few percent here and there.

Weekly testing of the entire population by possibly February! This won't be achievable via lab testing .

Omega and Malogic will need to produce millions per day of rapid home test.

The potential here is unbelievable. Once in a lifetime.

Yes ties in with Bentons pos last night :

GeneralWed 22:50
Ok. So I posted a couple of months ago now to advise that I knew that at least c.15m ABC-19 Rapid Test boxes had been knocked up. Have just been informed that there's another production run of several million more boxes in progress.

Someone's giving some big orders out there .......

If it wasn't for Sneller, SP would be well over a £1.

Thats the real value of Omega shares and the last opportunity to get them at a discount. I bought more yesterday and can wait for the inevitable rise to £2+.

Spot on. Buying opportunity if you can.