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If Colin is really speaking to BigJock (Walter Mitty) then he needs to shake his head and remeber he is CEO of a listed company with a >£100m MCAP and not a newsagent.........so unprofessional
Updates are too wishy washy and when they do give an RNS, its so focused on the downside, you could be forgiven for thinking we were paying the government £374m to take out LFT's.
Takes a special kind of poor management to drop 25% from your high of 2021 with series of poor comms and director sells (and don't anyone fool you that.
Still think its a coincidence the rampy tweets happened not long prior to the director sells and then abruptly stopped when they ended. Looks like the directors have had a nice bit of business..........
No news tomorrow, for a wild guess I will say a further drop................
The company really need to sort this out - they have gifted this shares to the MM / traders - look how much it moves up or down - not many days are the movements sub 2%...............
In fairness Davand, in the past 20 trading sessions, there have been 17 red days and just the 3 blue days............
Interesting - talks about testing as part of TT - both new products and modified products.....
Need some detail on the exact roll-out etc from Govt
Agreed - these articles are unhelpful as they tarnish to the public the LFT's - the difference between Innova and the newer ones will not be made too obvious as UKGOV has a contract with Innova and don't want to offend.
The UK made ones on a mass scale are maybe 1-2 months away potentially...........
No news from ODX for a couple of weeks, the vaccine roll-out going great guns with deaths significantly down and cases (though I note that they are starting to creep up) + downcast RNS when we get a £374m contract - not exactly a shock we are drifting downward really......
Hopefully some updates soon, but who knows - always seems to be coming but never quite arrives.
thing is, gaps do not have to be filled if there is strong enough sentiment - problem we have is that PR is patchy at best and lets not even talk about the RNS’s !
Could go back down to 72p but I would
Personally, I would see something drag it down there and then bounce out quite quickly - but there will be a lot of buying on the way down with so much news expected over the next 3 weeks.
Decent week overall this week - opened on Tuesday at 81.50 and closed today 89.50
Feels a little frustrating as we have visited the low 90's twice this week - the NCYT news killing our rise today(and AVCT's) but happy overall with the week - hopefully some more news leaking out over the weekend or a positive RNS on Monday.
ha - usual story, great rise then little else
If I was a brave trader, I could have traded these rise and falls for thousands!
wow, they are buying billions of pounds more of the Innova tests
ODX and Gad get a mention.....
Didn’t Alan Duff say it was the head guy at Boohoo who sold for tax reasons
He is under the 3% holding value so wouldn’t need a TR1.
5p a share would cost them £9m - not sure that would be the best use of their Covid windfall?
Certainly make me happy - give me about £3k (from my 60k holding) but not sure about that as a business model?
Its basically a mobile PCR , though a few articles seem to call it a rapid covid test, hence I think the confusion with LFT's.
"The device is manufactured in Hartlepool, in the North East, by a listed UK company, TT Electronics, which is valued at £439million. "
Article states UKGOV has 30m antibody LFT tests ready to be rolled out and linked to the app - surely this has to be ABC-19?
Also? 30m would suggest the long wait for home use may come from MHRA?
https://www.thesun.co.uk/news/14458730/covid-survivors-immunity-freedom-pass/amp/
I expected us to drop and AVCT to rise today based on the Mologic stats so actually, today not so bad but its like when we were stuck around the 50-60's. One day we will get above 100p and stay there.
I have started to shrink my holding a little - I believe in the company but I am not sure if Colin will allow the SP to really move.
We have had several golden opp's to really big up ODX (and thus the SP) but at each turn, the news is downplayed. This makes PI's nervy and then any negative news really hurts. I do wonder also if this hurts any potential ii investment / FINNCAAP valuation.
I am giving it a bit longer but feel like am missing out some good opps elsewhere while holding here (since April / May last year)
it is?
"and the move higher starts..."
So JV - what SP do you place on AVCT?
My concern is that they have had an open goal for almost a year yet never been able to deliver.
BAMS...........well, that didn't go so well but another open goal which has not been converted and instead kicked into the long grass.
The MCAP is up at a lofty 700m - where do you see AVCT getting to? Looks to me like a lot of the LFT has been priced in already so any delays or not so great S&S will hit the SP hard?