Member Info for SneakySimon

ODX does similar - I think both have PI's who like to move around trading - no RNS = jump to another, make a bit then come back to repeat.....

the million ordered are for NHS staff - it was mentioned a while back and confirmed on a video call this week to the NHS staff that they would be getting these tests...............

Simple fact - we have no timeline on the MHRA / further orders - thus the drift - I have top chopped some of my profit from here into GDR which I think has more near-time news and thus, more return - nothing bad on ODX, just a timing thing - don't sweat it!

don't you think though the govt can't do this yet as the testing capacity isn't there yet?

Take ours - test wise, there isn't enough yet to roll out - I still think come 2021, will go crazy testing wise..........

good find, I didn't know it was tracked in this way....

The antibody test seems typically between 4-7k on average - though I assume those numbers are not ours - once the 1m initial order starts being used I would suspect that this increases.

I strongly get the sense RegulatorUK works in the public sector...........

"Whilst I agree we are unlikely to hear anything about testing today, I dont think we need to wait a month either. Once the mhra approves (which can drop anytime), this will rollout nationally and I reckon massive international orders will follow too."

I agree that news will be forthcoming, I feel like the govt is focused on 2021 - the airport testing, the antibodies etc - in the case of the antibody test, the UKTRC at the present moment has maybe 2-3m available (total guess) - if the govt announced a national roll-out but then said oh, we only have 10% of the population, you will have to wait, will look pretty stupid?

That feels the same for say airport testing - again, something which is unlikely to be seen until 2021 due to lack of tests.

So this year, will be all about lockdowns and slowing the rate of transfer then bang, 2021 will be roll out of testing - Antibody to get those with immunity out and antigen to get things moving in terms of air travel / shows / offices etc

TBH, I doubt anything about testing - this will be purely about the approach to lockdown etc - I think the testing info will be in a month or so.

I will be amazed if any vaccine is available in 2020, I will take that with a pinch of salt!!

"Its been called for end of Oct which is a good period to allow newsflow but at the moment we only have the ABC order disclosed. What are the regs around disclosing orders publicly? Could there be any surprises? Like the India stuff that seems to have died a death"

Not sure on regs, but I was in NCYT for a while and it was several months that no updates were provided, despite it being fairly obvious that sales had occured.

FFS - why is this only being looked at now - surely they could have started planning this months ago, even without tests being ready....

Agreed - and Colin mentioned other trials due to start......

back of a fag packet: 175,000 for ODX = 0.75 per test = £131k?

Not huge, its not so much the order volume, its that this is the start of the orders.........

it was pretty obvious - they had massively raised production - only reason to do that? They had demand - this has been the lowest risk trade I have done (and I have held since April from 63p down to 40p and back up again!)

exactly - so frustrating he was so dour in the main presentation 'fairly well' sounded awful!

I could kiss this Vox guy, he is trying to hard to encourage some positivity!!

Thank god for this Vox markets guy - he sounds far more excited than Colin!

The big drop was when he talked about the antigen test - when he said it was going 'fairly well' which sounded like it wasn't going well to me - man, this is awful..........

FFS 15% down - this is a car crash - such a poor presentation - I don't understand the point of it?

Antigen test

haha - Heathrow going "fairly well" then corrects himself to sound more positive but the dour Scotsman

Available by xmas is the timeline

This presentation is pretty flat to be honest, sounds like he is being forced to do it - lots of huffing and bad use of words

UKRTC

CE marked end of July
MHRA approval - documentation submitted and being reviewed. Unsure of timeline - depends on questions and replies

Saying it took longer than expected - says he is very close to completion

Initially 200k per week

Once the MOU is converted to a contract, can sell outside of UKRTC