Member Info for Safy

Trader212

Especially when we have products, and a gov contract, and are selling a product which has HUGE demand. It boggles my mind also.

Totally agree, this could have still been in an RNS today at 7am. Even if it was a copy of the email.

@Hype

word for word copy and paste, email sent to me by Paul McManus.

Gov have budgeted for 75m, that's perhaps another way of looking at it?

J,

The question to them was a rant why no RNS. They definitely know about the bid website update.

I hope so mate.

From Walbrook.

Just to clarify:

1. The RNS from 6/7 October “UK Government contract for UK-RTC” was issued following the conclusion of a contract between Abingdon Health and the UK Government regarding the supply of the UK-RTC’s AbC-19 Rapid tests.
2. The RNS confirms the first order from UK Gov for one million tests
3. The public declaration today that investors are referring to is the UK Gov’s assessment and disclosure of the potential value of the contract with Abingdon Health. It not a confirmation of further orders received or a guarantee that these orders will happen, but only a potential value.
4. As confirmed in the 19 October RNS “UK-RTC contract for the Supply of Goods” Omega will manufacture not less than 25% of the demand from total orders placed – at the moment though, only orders for 1m tests has been placed.

Wrong bakedbean

If ODX had just lost 75m worth of business and people got wind of it on a leak and sold out, and you were left holding the can...would an excuse to say CK was too busy to write an RNS suffice?

This is what i dislike about ODX, its a traders dream, but LTH are often hung out to dry. Nearly every single news item following Ulster has been leaked first. Almost to the point that when its announced, it hold no value as the market has corrected itself or quite frankly its common news.

Its impossible CK didnt have knowledge of this prior to it being published on the bid website. Why wasn't an RNS prepped ready for the announcement?

This should have been 15-20% today.

doctor,

You cant vaccinate someone who already has antibodies. They already tried that in India and realised there is no immune response detected.... because there already was one.

thats what i thought, needs to learn how to write English or is deramping having missed the low entry point.

It’s only accepted from two countries. Costs £80

That’s how I read it too. Make and they get first option.

Either way I just wanted to highlight that ODX isn’t just the AbC test. That isn’t our only revenue stream.

For those who missed this over the weekend.

This is the moonshot. The most in demand test in the world. Let’s all hope Mologic are ahead of the curve.

Yes the gov antibody sales are great... but this test will sell like hot cakes if Mologic and ODX pull it off.

Dragging what?

We have 1m order, we’ve been 10m to go out and get what we need for next order.

Just put this into context for one moment, people felt making 175k was peanuts and ODX was criticised.

How much does 10m for raw materials (not the final end product) get you?

The RNS only talks about the RTC contract...The antibody test is all good for sales to government. First refusal means that they want lots more than they have ordered. It’s guaranteed income. They may also direct tests to certain countries as ‘aid’. Who knows? But it’s positive.

This isn’t the end of our revenue stream... oh definitely NOT.

The Mologic antigen LFT is what will sell to third party. You don’t need any marketing to sell those. Infact we will sell those to the highest bidder, which could be government or third party.

Also the Mologic antibody LFT which is ready.

Two papers running front page articles of vaccines around Christmas time.

Our AbC test is proven to measure antibody responses over 3 months. It’s in the white paper literature also.

2 tests per person on each dose of the vaccine. Boosters needed every few months.

It could well be that the antibody test is more in demand than the antigen in 2021.

Harvard uni
Massachusetts uni
Arizona uni
And now add Yale uni

https://www.nytimes.com/2020/10/14/health/coronavirus-trump.html

“He may be not protected the second time around, especially because he didn’t develop his own antibodies,” said Akiko Iwasaki, an immunologist at Yale University.

Most people who are infected with the coronavirus produce antibodies to the virus that should protect them from a second infection. It’s unclear how long this immunity lasts; based on research into other coronaviruses, immunity may persist for up to a year, experts have said.

https://twitter.com/dhscgovuk/status/1317155848989347841?s=21

From the Mologic site
Heathrow’s own trials will feed into the Government’s findings after being independently evaluated by a sub group of academics that are part of CONDOR. It is hoped that these findings will then be used to support the recovery across sectors.

CONDOR is working to accelerate the real-world use of COVID-19 diagnostics and their findings will help to identify the most accurate testing methods. Results of the study are being sent to Department for Health and Social Care to support the decision making process.

Mologic test results go to DHSC. And they’re pushing out new ways of testing....

Xmas couldn’t come sooner. I will add Mologic are not the only company in the world to make Antigen LFTs so we may not be the first to market but we are absolutely 100% in the mix.

Dyor, not an endorsement to buy. Gla

Superb find....

So they ordered 1m, only 16.5m to go.