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It's based on one product and order for the UK Government.
It does NOT mention about the increase of production to 2.5m per week.
It does NOT mention all international orders (which there are).
It does not mention our other products; with Mologic, ELISA and CD4. As well as potential partnerships (e.g. Avacta).
The note is farcical at best and uneducated based on all the material above. Very unfortunate that a lot of people will buy in to this nonsense, sell and miss out.
Hi can intelligent people here please help with the below link.
Surely they are missing information here? They are basing this on one product here is my understanding. By the way not a deramp as I'm a LTH here.
https://www.sharebuyers.co.uk/shares/how-much-will-omega-diagnostics-earn-from-the-uk-rtc-just-5-7m-this-financial-year-thinks-its-broker/
To set people's minds at rest.
As per govt website:
Performance characteristics
Clinical sensitivity
Greater than 98% (with 95% confidence intervals of 96-100%) on specimens collected 20 days or more after the appearance of first symptoms.
These statistics rely on testing of at least 200 confirmed positive cases. See annex
Clinical specificity
Greater than 98% (within 95% confidence intervals 96-100%)
These statistics rely on testing of at least 200 confirmed negative cases or from testing of specimens collected at least 6 months before the known appearance of the virus. See annex
Invalid rate
Desired: no more than 0.1%
Acceptable: no more than 1%
www.gov.uk/government/publications/how-tests-and-testing-kits-for-coronavirus-covid-19-work/target-product-profile-antibody-tests-to-help-determine-if-people-have-recent-infection-to-sars-cov-2-version-2
Therefore the test meets the acceptable level.
*itsallagame
There are no shorts, verified.
Cheers
He is a known deramper. Just cut out the noise and DYOR.
I stand by my statement below. Also in line with Merchatbanker, why would you in increase production if no commitments are there? It does not make sense (business logic) to invest in machinery to increase production to half a million a week with no orders.
Let's get some facts on here.
Boris has already confirmed 500k tests by the end of October.
This is confirmed to be on track.
Omega Diagnostics are part of the UKRTC. MOU in place with the UK Government.
Orders are there but can't be communicated until after Gov contract is signed.
MHRA and WHO approval close to completion.
There's no guarantee of anything but with cases increasing drastically, further lockdowns looming, I think we're in a very good position here. Winter is coming and tests are urgently required.
Peace
It's already been mentioned previously.
Amazon and Royal Mail were front fronners for the delivery service.
Let's get some facts on here.
Boris has already confirmed 500k tests by the end of October.
It's on track.
Omega Diagnostics are part of the UKRTC. MOU in place with the UK Government.
Orders are there but can't be communicated until after Gov contract is signed.
MHRA and WHO approval close to completion.
There's no guarantee of anything but with cases increasing drastically, further lockdowns looming, I think we're in a very good position here. Winter is coming and tests are urgently required.
Peace
Grace and any others on here, I found this on a gov website for VAL201 and its clinical study which completed in July 2020. Its more on the trial itself and criteria than results but worth a read. You will need to view it in a full browser to see any comparisons between what was initially envisaged and actual.
https://clinicaltrials.gov/ct2/history/NCT02280317?A=1&B=13&C=Side-by-Side#StudyPageTop
Hi invest2save - it's the headline results by this Wednesday.
The detailed report will be compiled by the end of Q2 2020.
More detailed information in the latter.
Headline news will give enough for the SP to actually reflect its true value.
Good luck
Question and may be a stupid one - Do the traders know when an RNS is logged?
Will they know if one is coming on Monday or Tuesday Wednesday? The reason I ask is that they can control the price until that point right?
If they bring the price down to mid 40s then what's to say it will rise to 70 instead of £1?
Genericname - not sure your intention here but wrong board fella. This is about VAL and its prospects. The industry is worth billions so expect others to be in it also.
This is a great company now and has a stellar set of projects with others looming to start.
Thanks Grace for the info and being honest.
Like you I'm in it for the results. So much information is available and all of it is positive. Not just the projects but the company as a whole.
The Sharebuyers article was also a positive for me. Suzy seems to be fully intuned and excited about the results also.
Good luck to you and everyone else invested.
HI Grace, hope you're good. Does this post have any bearing with Valirx and what they are working on (BC201)?
Looks like it does but not sure how it relates?
Also how are you feeling about results day? Still confident?