Member Info for SneakySimon

Currently 100k per week
Next month, 200k per week
End of year, 500k per week

looking at establishing a way to take capacity from 500k per week (which is from end of this year) to >1m per week

Procurement for this will take place mid-late October to take it up to >1m per week

Covid now...................

"I find it quite amazing that people that have bought into this share in the hope that certain things will happen would consider selling just at the point when everything is just about to happen."

Agreed, but you know what AIM is like usually - as soon as factual news, the SP drops - 100% won't happen here but some of my other AIM investments....................

agree - though the weight of news to come for me makes it worth it - I figure the two worst case scenarios (which won't happen but I like to think about the scnearios)
- no govt sales (cancelled and they have gone elsewhere) - fine, we can sell to other people / places but I can't at all see that happening, though with the buffoonery of the govt, who knows!
- the MHRA / rollout is delayed - so be it, happy to wait a bit longer (have been since April!)

Chuggley

I am not saying 100% he is selling, but we know he (and legal and general) have been so its a good assumption he still is since his TR1's generally are on the slower side?

Why won't we get another speeding ticket? People said that after the first and then we got a second!

Not ****ging the share, just stating facts.

2 main elements:
1. we have a seller (Sneller) who I presume is still selling and thus, dampening any rise
2. we have had two speeding tickets that have killed momentum twice (first time a 80% rise)

so I think, rises will be more steady until hard facts are released then it will rise quicker.......

I wonder - some people were confused on twitter as the govt reqt was 98% and the results mention 97.7% - obviously rounded up its 98% but some ambiguity I guess?

Hey DJM

My take is the test isn't quite ready yet - the Heathrow test I think for most of us was a welcome surprise as the focus had been the antibody test.

Agreed, we can't place trust in the UK Govt - but there are billions of people out there needing a test - we don't have to only sell to UK govt (I should clarify that the UKTRC is the antibody test, not the antigen test)

As a taxpayer who wants the UK to be 'unlocked' I hope that this test is everything it needs to be - imagine having a test like this for everyone - HUGE change. Currently my 8 year old kid and 25 other kids are off school because 1 other kid in the class has confirmed Covid - all 25 seem fine, yet are missing school - this is crazy situation.

Exactly - I always get the impression that Omega (and the UKRTC) is about quality, rather than rushing something out which isn't high standard. Honestly, I know it is frustrating seeing all these other tests, but be patient - we may take slightly longe but it will be quality - there have already been a couple of companies with tests that have not been up to standard......

"It means we are being left behind while we await whatever BS bureaucracy takes its course, its called fiddling while Rome burns."

Does not mean that at all! Ford created the first car - does not mean no other car companies can make a car!

Also, look at this test - its accuracy, its method for use etc - totally differnt and I would say, not as good as ours which is a simple (for a user) test rather than this one.

Take a look at the website - as well as the FDA website.

My initial take is (from FDA website where it does not have FDA approval yet) is that is a nasal swab so assume someone with some medical knowledge
It is then mixed with some reactent and popped into a small handheld system

So you can see obvious differnce to ours - I am sure it will sell (depending on cost etc) but not really any problem for ours.

There will be lots of companies making these sorts of tests - millions of humans = lots of tests needed

I was wondering that....................be expensive though, but the SP vs cash is very low

Thats a great summary.

As an investor. I weighed up the #4 and if James did not get in - hopefully, even if he does not, this will shake things up a bit and the new guy they have will want to make an impact....

be interesting tmw - lots of speculation. I am not sure I share your feelings that it is 'in the bag' - I am nervously optomistic so lets see what happens tmw morning....

SP went down simply due to a percieved delay - thus, a lot of people took cash out and went to other shares to try to make a bit of cash and then will come back here - seen it on a few shares - NCYT / ODX etc - the movement of cash in AIM is pretty crazy at the moment....

I suspect the logging of results on the app is more for analytics for the UK - your correct, to get a 'passport' would I imagine need a medical expert to take the test to prove it......

I would be worried if just ODX but all the testing companies are down - NCYT -3.5%, GDR -3.5% us 6.3% - the markets are bad at the moment - most of the above have had decent increases recently so probably a bit of selling to lock in profit as well as no real news - plus in GDR and ODX, we have sellers so low volume, bad market conditions and no news will probably drop the SP a bit .

Juts sit tight, as we have seen, this SP can move pretty quick and once we get some real news, will be headed upwards

I suspect deals are still being done and the path to role out - the public sector is not known for being either quick or logical so I guess can't say too much - the testing I am sure will be a united front presentation of how it will all work....

I had to chuckle when that guy mentioned what a good job Randox was doing.......the same Randox who in August were discontinued due to not meeting safety levels......

easy to criticise when not in power - lets not forget who runs Wales and Scotland NHS.......

"But i really don't see these restrictions curbing the infection rate."

I think this is like putting your kid on the naughty spot (and the Whitty and Valance yesterday) - assuming no improvement, then more restrictions.