RE: Odx buying3 Nov 2020 11:54
My view is: Undervalued:
- Plan to increase LFT capacity to 2 millon per week gradually till next Spring.
- They already have the cash to do, so no placing
- 2m tests per week is worth around £200m gross profit at £2 per test.
- take a modest 5x earnings you get £1bn MCAP
- and this is just covid, they have other business