RE: Can’t believe19 May 2020 13:19
Some of the debate on these boads is fruitless.
Ultimately there is a huge market.
Roche and Open Orphen (via Quotient) are lab based antibody tests - needed
Omega (and RTC) are developing POC home based instant result antibody tests - needed
POC antigen tests will be needed, lab based antigen tests will be needed, vaccines will be needed, treatment will be needed.
This is a global market with limited countries able to bring the innovation so there is plenty of room.
There is not one solution or one player in this market so why is everyone so partisan on these BBs. If this is not the share for you then move on, just because you invest here doesnt mean you cant invest elsewhere.
Let's not forget, Omega has Mologic partnership in the bag, Design Freeze expected in weeks (which will tick up the sp) and have just built a second facility in a week for production.
Out of the 'Covid' plays Omega seem to be less vocal than the likes of Avacta and Orph and that can make people nervous but it feels like the share has found a range of 45 - 55 until further news which I can only see being positive and that is the design freeze which they would not be saying 'weeks not months' if they were not confident and close.
Forget the daily movements and shut it down, when the RNS drops people will make investment decisions - some will regret it and some wont - some will sell and some wont - is that not what dealing is all about?