Member Info for Okehurst1

We just need to know our volume / £ value

Can imagine Colin on Zoom to his NOMAD on one side and corporate lawyer over the NDA - which if there has been one Surescreen have well truly made it null & void ?

It’s just the terms now - I guess

Mentioned earlier over HUA etc

Colin not in control of the news flow at the moment, look what’s happened today in market hours

Could be more good news dropping anytime.

Weirdly I can’t see Omega putting a tweet out on this one - before an RNS

We know how they love a Tweet - has to be an RNS ?
it can’t be to anyone with a Twitter account, must be to the market then they can Tweet ?

The first home grown LFT ? Has to be RNS ?
Material news

TW, agree

Well we didn’t see this one coming - it looks big news

HUA - EU
USA - potentially

To follow, looks like rerate has started, we get confirmation on either the volume of cassettes of the 2 items above and we get serious rerate upwards

Good day today

TW
Agree

It’s all stacking up … Surescreen been enjoying was it £25M a month from the Government

Omega have been getting their cut off Surescreen hence we didn’t show up anywhere

We have been manufacturing the cassettes / Surescreen the rest - we may well be manufacturing 7M cassettes a month? £1.70 if same price as RTC deal @ 50% gross

I am not that hung up on the £2.8M to DHSC after all we have £17M of their kit? We don’t the know the terms of that agreement as yet but it’s not material today.

One last guess, we must have an NDA with Surescreen so Colin couldn’t divulge the supplier other than say it was for a Government supplier

Sledgey … post of the day

Re GAD

The plot thickens here …

We know from the recent Mologic video they are quoting big numbers to Africa now that Gates in control - am discounting them making in volume for Avacta as disclosed by their CEO

I may be wrong but I can’t see GAD supplying the 1st world their goal is clear now and it ties in with the extra machinery from the DHSC just a few weeks after Gates buying GAD

May well be proved wrong on this one but it’s starting to stack , Surescreen & ODX

ODX happy to make cassettes for Surescreen but won’t use their buffer

Ditto they are comfortable to wait for Mologic biotech to get HUA via Visitech

Looking like this is the BoD strategy

Blade … spot on

Agree, excellent find

Hence we are ‘ healthy ‘ on cash manufacturing cassettes
with the 250no staff

Suggest Omega need to clarify their position, are we making 7M a month cassettes ? We could be and sending to Surescreen

Makes sense ? Whilst we await HUA EU

The £374M contract to follow once biotech has gone through PD ? Assume it is …

Good news for us at last

Flashy
Welcome all view points, it’s healthy.

Personally I think your wrong but good to be able to disagree without getting personal - plus I don’t have a leg to stand on at the moment as we have no sales news, but think we have a good chance to fire up our capacity for the U.K. @ overseas market with Home Use Diagnostic market forecast to grow to $25B a year by 2025 - been posted a few times on the board ( source )

When it lands … has to be intra day / after the close?
Too price sensitive to not announce immediately of the news?

Ohhh yes you do

TW,

Big Hero has a point, you are hitting a nerve at the moment but I think you enjoy being the pantomime villain?

Tbf I did smile reading your post as I saw myself in there, I can’t argue back on your points mind.

Fingers crossed Colin pulls this off and we can all make some money

Big Bangs

As we know Innova pulled in £3.4B off U.K.Government tax payer ,not sure how much USA before being banned by FDA

As Private Equity operators the IP will be offshore so no Corp tax to U.K

£50M donation to U.K. but as a US Citizen he can offset against his USA tax return or against income paid to him via U.K. - who knows but his net cost may be £25M

So his Company enjoy £3.4B revenue from the U.K. tax payer , probably paid no tax whatsoever

U.K. public got a crap LFT that was banned in USA possibly added to the length of our last lock down - debatable

The U.K. diagnostic industry got turned over in the process

Net result … he has a Wing of a Scottish University named after himself

You couldn’t write the script if you tried

https://www.bbc.com/news/uk-scotland-glasgow-west-58628270

Flashy … 100%

TW, it looks that way to me.

There are more ACE2 Gene receptors in adipose cells, hence 90% of all Covid deaths worldwide are in obese people - more ACE2 Gene receptors by default/ more points of entry put aside weaker immune system

http://www.theguardian.com/world/2021/mar/03/covid-deaths-high-in-countries-with-more-overweight-people-says-report

Take the U.K. in isolation, think it still stands we have one of the highest obese ratio’s in Europe

https://www.thesun.co.uk/news/10110422/britain-obesity-epidemic-europe-death/

It looks like the USA has taken the view Covid 19 is not going to be eradicated, no boosters for under 65’s, plans to open their borders, however like the U.K. they have an obesity problem, how do they deal with from a Covid 19 point of view if vaccines wane?

Testing & Boosters for older generation / vulnerable groups

It feels this is the way it’s going?

https://www.ncbi.nlm.nih.gov/gene/59272

Wyndrum

Out of interest what is your personal valuation for Avacta as it stands today?

Ditto we secure HUE and say we are able to generate £2M gross a month for next 24 months ?

TW/ Captain

Can’t argue - we have had no sales of note, we don’t even know how many cassettes we are manufacturing.

If we only end up with the £374M contract and we can’t sell what is a very good antigen test into the 440M market for home use then the share price will still rerate upwards
If we don’t win/ sell anything then it’s going to be very messy

I believe we will secure the £374M contract and sell into EU and am hoping USA as well, hence I am holding - 80% chance that’s my personal opinion if I was trying to measure from known data

If you think there is a risk above 50% you may have to take a view, either sell / watch from sidelines, but one of the above or all 3 come off then Omega gets a serious upwards rerate and the Offer price won’t be 51p.

Looks like we have found a support level around the 50 to 55p range, holders feel something is coming

That’s the risk / reward for us all, sit it out or take a chance

I am taking a measured risk and holding for news of contracts / sales opportunities

We will soon find out which was the best move/ position

Good luck to all this coming week