Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Does not really matter who is funding it - we are being paid to do cassetting and pouching and colin said in the Q&A it covers the newly hired resource so not huge but also means we are not excessivly burning cash while waiting for the govt test to manufacture.
In terms of your points, seems pretty obvious to me?
1. Colin confirmed that they are "providing cassetting and pouching services to the UK Government"
2. Can't disclose details of the contract
No exactly rocket science is it?
"Nothing for Tanner Pharma, or Innova"
Or ODX for that matter annoyingly - one day soon I hope!
I believe Surescreen are paying ODX directly.
I have tried again (second time) - works fine - maybe you need to learn how to use a phone?
I just rang - 3 rings after the auto answerphone message it was answered.........
or as the trolls will tell you, they have gone bust ;-)
Govt ****ing up another covid related piece of testing / policies?
I am truly shocked!
read between the lines..................
Omega and GAD were chosen as they had the Mologic test - that test then failed at Porton Down (usability) so spanner in works
Mologic test has been resubmitted with the new fluid method - awaiting that
I would suspect we are on a holding position until that is either approved or failed again
I still am suspicious of the packaging / cassetting tbh and that their is more to that than what we hear - seen no contract for that on BidStats or any payment yet............just saying ;-)
agreed - AVCT was CE marked in EU in June, but their's was updated 12th July
Looks like you can't take too much from update time and dates - also, if significant, I would suspect the SP would be a bit higher than todays since the update was early doors.
Hopefully ours due to our relationship with Screen4...................
SHowing no trades since 3.35pm? Strange?
Good news on shift to LFT's for testing - looks like the Screen4 relationship will be strengthening?
I missed that also, just saw the heavily discounted placing and didn't read on
Interesting the numbers and next steps - does not fill you with confidence tbh
ever thought that:
1, the Mologic test was the one the govt wanted
2, the test failed at PD for usability
3, change to the way a user tests and it is back at PD
4. Colin isn't likely to say 'yeah, govt are waiting for Mologic test to be approved at PD'
Now consider - who are they cossetting and pouching for? - this only started around the local elections (May) - why was this need present? Why have we seen no payment yet? why is their no contract for this? and why ODX , we are not massive so does not fully add up to me?
TT he said would be very quick
The windows have been blacked out
To me I think I can see what is going on here
on the last AVCT call, AS said 5m per month and then increase IF demand was present
Though the ABDX TT seems to be taking forever and little news on Medusa
Colin did confirm that AVCT was not one of the companies they were in discussions with since it failed Porton Down (frozen samples)
My birthday next Monday - hopefully some more news then
Lets face it, ODX are not ones to RNS willy nilly and not sure todays RNS was 100% necessary...........
been manufacturing the test with 'self test' written on it
'final piece of the jigsaw'
Seems pretty obvious to me!!
I saw that - seemed a bit odd to be asking for distributers on Twitter? Last I heard from Colin, they had 7 countries interested in the tests - begging for distributers isn't a great look tbh!!
sounds like you need to take a lay down and relax a bit - it was just a light hearted joke pal
I live in hope the next couple of RNS's will be bombs and the SP will rise significantly - the NDA is hurting the govt side of things - pretty sure it will be Mologic / Visitect) and we are waiting for the sign off - they have had capacity since May so is it really not being used for months? Hopefully a nice surprise to come
The Visitect test seems to be tied up with Mologic / USA approval - but I am confident we are under Mologic wing on this one so once approval, Colin will just need to manufacture rather than do much selling etc
That is my dream - probbaly totally wrong, but I did it seem correctly call a few things on this share in the past so lets see.........
discussion without mad ramping all the time is allowed 'officemanager' - its called having a balanced view.
Rule with ODX over the past months is any decent rise, if you sell you can probably pick the same shares back up with a decent discount - if I had the balls, I could have made a fortune!!
News always is soon.........