Member Info for SneakySimon

will he get questions do we know? If so, maybe some questions on testing which seems to be not mentioned.........

large trades are a good sign - we know we have large institutional sellers so high volume is a good so they can get out........bad day for most trades so all good...........

we had something similar happen Q1 when they talked about a vaccine - my two negatives for ODX from that presentation:
- the antibody rate is @8% - poss up to 17% in say London = therefore some may suggest is an antibody test needed?
- vaccine potentially available by Christmas in limited numbers then poss rolled out early 2021 (think we all recognize that is unlikely!)

We had a wobble last time and it came good - good opp to buy IMHO - I wonder if tmw we will hear a bit more about testing?
- no mention of testing

oh, the big man line rolled out - thanks for your input, maybe do less drinking and work since a lot of the clinical contracts you claim to work on .

"The consortium will decide where any extra capacity goes."

you have drunk too much RegulatorUK - the consortium don't decide. In the private sector you agree contracts. Govt has agreed up front to take antibody tests subject to regulatory approval. Of that order, Omega are producing 200k per week. That was on the RNS previously. There has been no further RNS on this fact, so its a likely this has not changed - any other antibody tests developed are at the discretion - if you read the RNS its a big fat hint that this would need to be negotiated if the govt wanted more.

Enjoy your drink ;-)

RegulatorUK

Fact 1: ODX have advised they have 200k per week earmarked for the government
Fact 2: Omega therefore have it within there power to decide where the rest go, otherwise they would have stated that
Fact 3 : I didn't say there were selling it did I if you re-read what I wrote

So calm down poppet and relax a bit!

what would not surprise me is if this govt had initially said that the wanted from ODX 200k per week, now realise that they want a lot more and Omega are saying that they have a bunch of private companies interested.............then you have NCYT coming along with an antibody test in September.......

Anyone who has worked with public sector will know they are neither quick or logical!

no update since the 8th - I have signed up for the email alert when it changes - as soon as that email comes, my email goes mental!!

call me dumb - is this good for Omega though from a financial perspective?

Pregnancy style test will be one you do same way as pregnancy - if they want passports etc, you have to be done by a doc / nurse etc.

I thought I had seen Heathrow have gone with a company I am not too knowledgable about - maybe Geneme? The one with a £20k machine.....

Agreed - my kid was the same - sore throat and occasional cough - school says he has to be off 2 weeks or get a negative test

My office started having people back, but 1 person has symptoms and so we are all back home again - can't have this situation!

interesting - the SP on the graph looks pretty clear it stayed static in the 55-62 range and moved up now - targets are about what I had in my head..........

Agreed - I did wonder if we would have a red day at some point after several days rises and a nice rise overall - good sign we have held steady for couple of days with no new news and nothing really official.....

Based on your comment:
"Do you know if any of these companies are working on a vaccine or therapeutic or are they all companies working on Covid tests?"

Maybe worth investigating these companies yourself if you don't know anything about them before investing - I may be talking crap!

Im in GDR - I like that there MCAP is lowest of the 3 you mention and they are imminently expecting FDA approval - also, the charts I saw last week suggested a bullish direction.

For transparency, I put 1/6th in GDR, I have maybe 3//4 in ODX - I had a bit in AVCT but I feel they are some way away from anything serious and the RNS they output feel a bit jam tomorrow......

Exactly - I am a shareholder but also a taxpayer.

The antibody test alone - we will be producing 200k per week - not sure about the rest of the consortium but in the UK there are 52m adults - so they are saying all adults get a test. If ODX are producing from October 10m per annum, that is a hell of a shortfall? So when will we all get these antibody tests?

I fear that while this is great from ODX perspective, what I don't want as a taxpayer is to be told 'yep, we have a great antibody test.............but you won't be able to get it for 6 months etc'

back to flat from being down 1.54% from open - the days of morning drop and afternoon rise have disappeared in this news rich period.........

It states:

"Removed exemptions for manufacturers Danameco, Guangzhou Fuzelong Hygiene Material Co.,Ltd, Sterilab Services and Fortress Diagnostics and added a new listing for MED-EL UK Ltd."

Don't panic - look at NCYT - they are selling kit / getting new orders all over the place and not RNSing it - they don't have to....

I am invested in NCYT and here - NCYT have new kit at Heathrow, care homes, in hospitals, just sold loads of tests to India, looks like a distribition agreemtn in USA - none of this RNS'ed

So chill out - its happening - they wouldn't have massively increased manufacturing if they didn't think they would sell it so just relax........