RE: Avacta/Mologic/Global Access Diag.15 Mar 2021 16:36
I can't see their margins being anywhere near as good. With the govt supplying kit it's a bit of a messy scenario - this might reduce margins further. The govt press release mentioned the creation of hundreds of jobs, that's hundreds of individuals adding to costs. If I held Omega, I'd be busy moaning, slating the CEO and kicking myself for not investing in the game changer.