George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Let the bloke enjoy his holiday lol.
I don’t use them, particularly because I hold shares regardless of where the share price goes until my targets are hit.
Similarly, when ODX hit 33p. I’d already averaged down 5 times but would continue to do so if it went further.
Fundamentals are what counts in the end and unless they change targets remain.
Likewise, I’ll leave a couple of buy orders set just in case the MM’s get very silly.
But as the email suggests, August/September remains business time as expected.
You’ll do really well to find a more comfortable hold.
Exactly.
I’ve said something similar a week or so back.
The fact they were ‘secret’ human trials for the RTC test pretty much paints the whole picture as far as I’m concerned.
“On May 15, the UK government closed a contract with Roche to buy £13.46 million worth of the tests until November 2020, with the possibility of extending the contract for another six months.”
“But the results of PHE’s evaluation of the Roche test differed considerably from the firm’s press release. While Roche reported that its test never gave a false negative (100 per cent sensitivity), PHE’s evaluation found that it actually was only 83.9 per cent sensitive, rising to 86.7 per cent if the antibody test was conducted more than 21 days after the onset of Covid-19 symptoms. This means that sometimes the Roche test returns a negative result for antibodies even when an individual actually has been infected with Covid-19 in the past.“
“Neither the Roche test nor one produced by Abbott, that the UK government has also bought at scale, meet the MHRA’s challenging targets of both 98 per cent sensitivity and 98 per cent specificity. “
Personally, I don’t think so much a change of plan. More so the antibody tests which have been provided to the government to date have been well below MHRA targets. So simply couldn’t be provided to the public on mass scale.
IMO DYOR
Wow! Some serious delayed buys showing.
Not that I needed even more reason to invest here.
We’ve seen how fast this can change with the rise from 33p to 68p. Over 100% rise in a few days. A pullback was granted.
Trying to predict where the share price will be tomorrow or next week is simply impossible.
However, I think it’s just starting to get warmed up here.
Exactly.
Just a waiting game now.
Fully loaded ready for when it goes.
60p close I believe?
I agree, Omega Diagnostics is worth a look.
Just watch out for the derampers.. they are rather painful.
I’m not sure.
But If I had a short on I’d be sweating.
“Following successful independent validation of Mologic's ELISA test by the Liverpool School of Tropical Medicine and St George's, University of London, Mologic has now submitted its test to Public Health England and NHS Scotland for formal validation. Once validated, Omega and Mologic will enter into a longer-term supply agreement with Omega manufacturing up to 46,000 COVID-19 tests per day.” - As per RNS 20/04/20
“Mologic has announced that, following successful independent validation by the Liverpool School of Tropical Medicine (LSTM) and St George’s, University of London, their professional-use rapid diagnostic test for COVID-19 has been certified with a CE mark and is ready for manufacture and global distribution.” - As per the Netscientific article
Would suggest Omega are now primed to begin manufacturing?
You just need patience here. Any one of the updates on developments currently in the pipeline could fall and propel this above £1 with ease. That’s in the short term.
Derampers will come out and try and get a cheaper entry after missing the initial rise. But if you actually listen to what they’re saying it’s obvious they simply haven’t got a clue and just want their 10% trade and then they’ll be off to deramp the next company.
I don’t think holds get much more comfortable than this one.
Just a little shake this morning for the market to collect some shares.
Agreed, as always research pays off. Spent the last 6 weeks averaging down. Nice to see a solid rise here over the past couple of days. Hopefully that’s the corner turned.
Sold roughly 5-10% of my shares so I could put the electric back on. Still holding 32000, with my sights on the next target of £1.
However, with the potential here. There is opportunity for that to be achieved in shorter timescale than most probably expect. Especially with what is currently ongoing behind the scenes.
IMO DYOR
Exactly. US or not.
Demand will be immense.
We will be at capacity regardless.
Looking like a strong close here today.
Setting up an ideal platform for updates which we know could drop at any time.