The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Read the post. I even ask if it’s us or Abingdon in the post.
So has #ODX @OmegaDiagnostic developed a Covid 19 immunity certification scheme or is it @Abingdon_Health Either way, it looks like the #RTC LF rapid home antibody test is over the line and into Production.
https://twitter.com/sloadmore/status/1267518314336714759?s=21
Colin could not have stated what he did in that Sky News interview and and subsequent RNS and say definitively with conviction that the tests will be manufactured and will be superior to the Roche tests if design freeze had not already been achieved.
He’s not going to go on sky news confirming they’ll be manufacturing the tests if he isn’t 100% certain that is the case.
He could only say that without risking having egg on his face after design freeze.
Simple as that. It’s not hard to work out really is it.
That’s it exactly Merch.
Gov are controlling news flow. They don’t want people getting ahead of themselves and they don’t want the press hounding them asking:
“when will these antibody tests that they finished designing 3 weeks ago?”
To that end the news flow is being kept confidential until they in production and the gov have a date they can confidently announce to the press and public that the tests will be available for purchase.
Because of that gov requirement for confidentiality the company will have been prevented from issuing a design freeze RNS even though they said they would. That’s irrelevant. Gov will decide when we’re told and the RNS will be multi fold, bar achieved, test assessed, passed and approved, under manufacture, gov have ordered 50 mill etc.
We’ll be told all once and the FOMO buy in will be massive. Wait and see.
Anybody who thinks they haven’t already achieved design freeze is smoking something.
They are moving into full scale production.
The RNS will be production numbers and orders, not design freeze.
The gov announcement will be how many they’ve ordered and when the public can buy them in Boots and how much they’ll cost.
Rather than a “leak” of official announcement as some think, I rather see the rise this afternoon as some big orders gone in on the strength of the Abingdon job ad that virtually confirms that the RTC LF test is going into production. They even tagged #RTC #lateralflow #manufacture in the tweet.
A couple of buyers have loaded up large on that. FairPlay.
Why wait for an RNS and get locked out NT to buy and have to pay £1.10 to buy in any size.
When that RNS drops that we are going into production this will be in and out of auction all morning.
It will be impossible to buy in any size.
GLA.
Just to clarify, some of these embarrassingly stupid negative posters have been bashing this stock since the low 20’s when we had Octopus etc selling out.
They could have more than trebled their money and they’re all still childishly whining, bashing it and indignantly protesting against those who’ve spotted their obvious failure to make 1 correct call on this stock.
I don’t mind hearing a contrarian point of view if they present some credible evidence.
All they’ve done is constantly argue that black is white in the face of an overwhelmingly massive amount of increasing evidence that the RTC would be successful and ODX share price was going much higher.
They’ve been arguing against that since 25p and earlier. Ha ha.
What a bunch of losers. Lol.
I always said it was a Tortoise and Hare situation.
Time for the two Hares to have a sleep under the shade of the big Oak tree.
The next 6 months will belong to the Omega Tortoise.
GLA.
I’m correct about you being a proper sad little Turnip though Pumpky. Lol.
Break out the fizz fellas. We’re there. Just needs confirmation officialmente.
Each piece of news has derisked this more to the point that a sell to derisk here is not required.
Investment now derisked by the sheer amount of clues and news IMO.
GLA.
Looks like the market liked the Abingdon Manufacturing job tweet.
There’s been enough clues.
That’s the one that looks to have broke the camels back.
Just needs official confirmation now.
GLA.
All that remains is formal notification now IMO.
DYOR
Look...
https://twitter.com/sloadmore/status/1267435976944693249?s=21
Sneller isn’t selling out. He held 25% of the company.
He obviously feels simultaneously fortunate and guilty to have invested so heavily in the company then by chance be making so much money from a pendamic killing so many people.
He knows that 15% of the company is enough to make him obscenely wealthy so he has Brennan giving stock away to charity since about 26p. He gifted 5% first and now some more.
He made the gift that crossed the 15% notification threshold on Wednesday, probably after the sky interview and RNS shenanigans.
Like many of us he’s obviously decided that colins confirmation that the test will be made has derisked the stock somewhat and he’s given some more away.
He’s knows he’s basically won lotto here, there’s quids coming and he’s giving some away.
He won’t be “selling out”.
According to linked in, he left his job as a fund manager at Baille Gifford in April. His CV now says “Half Time” for current employment. Lol.
He knows what’s coming. GLA.
Just to be totally clear, every accountant in the land is in the business of “Tax avoidance”.
There’s some proper Thickos arrived on this board. Trying to be smart accusing somebody of “Tax avoidance” is as thick as accusing somebody of wrongdoing for reducing costs by shopping at Lidl.
It’s every citizens duty to avoid paying tax to the maximum extent permissible within the law.
It’s tax evasion that is illegal, not tax avoidance. Thick twot.
Covid 19 Antibodies are the latest trendy must have status symbol.
Users of online dating apps here and in USA are looking for others with antibodies before meeting.
They are not saying “let’s meet and take an antigen test to make sure we are not currently positive”. No. They’re not saying that. They’re saying “I have antibodies, antibodies make me safe, I want somebody else with antibodies”.
That’s a very powerful social indicator of how things will progress into the future with all this.
Never ignore social trends. They are very powerful. This is a very big clue!
https://www.dailymail.co.uk/femail/article-8324887/Single-Americans-boasting-coronavirus-antibody-tests-dating-apps.html
https://nypost.com/2020/05/19/singles-now-flaunting-antibody-test-results-in-dating-profiles/
Not to mention the brokers fees. Just 6 trades a day at £8 per trade over a 50 week trading year is another £2400 you have to make. Plus the spread. Plus all the leaked inside info that you don’t get. Plus the MM manipulation like we saw on Wednesday. Lol. Not a chance.
The only way to make money at decent risk/reward is to identify value plays with a newsflow timeline before the market spots it, load up low and hold it until value is accredited and it rerates.
Only have to find 2 or 3 decent plays a year as opposed to multiples with trading and its much less aggravation.
Much more research. Much less trading. GLA.
What traders forget to say is that the odds are against us and in favor of the house, just like in a casino.
Traders talk about the power of multiple compound 10% winning trades like they don’t have any losses. They do.
Most traders go bust quickly, in the first year because over time they get as many losing trades as winning ones.
In addition they have to beat the spread. So they have to have statistically more winning trade value than losers over a year then they have to make a 10-20% profit on top just to break even because they have to beat the spread.
Just like gambling on a fruit machine or in a casino, the spread is the house weighting that assures they always win and you most probably won’t. You’ll have wins, yes, but you’ll also have losses and lose on the spread to boot.
DYOR
Shut up with all your irrelevant political rubbish and listen to the extensive BBC discussion on immunity passports. You might learn something....
https://www.bbc.co.uk/sounds/play/w3ct0snk
The BBC dont like the ethics of it they say, but that’s no surprise, they don’t like anything this government is doing and won’t like anything any time soon. Lol.