Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
The only thing that worries me is that the govt have been stressing a bad test is worse than no test and that they will take on when good test is approved, but what accuracy are we, are we not 99% also
This will nosedive unless some clarity here re the Roche test and the ODX test comes in, personally I've cut until that happens, as I dont expect it to happen soon
Having said that there was a post that you can buy the ELISA test for £170 was it currently on the market in Heathrow, so maybe this is also an approved/ govt backed test but more to be rolled out for private companies etc rather than supply NHS or maybe supply NHS also, who knows
The only thing I know is that we dont know, so with uncertainty....
Roche deal to the NHS is clearly a big thing, does this mean we are another supplier...we know we are also highly accurate and that the demand is greater than supply even by Roche...or are we out!?!? I think it's the former...plus our trick is proving accurate at home test is it not...uncertainty driving down over near term no doubt.....I think we can expect a statement or many will simply jump ship with the company losing all its investors......
I note we have over 150 million shares on the market at 65p, so an employee, director or other placing 60k shares at 4p I work out dilutes our sp overall by about 0.2p, lol, so not a big issue really, pardon the pun
I totally agree I think bzn1 is trying to trash talk it as he wants to get in lower..
Anyway just a few things apart from the mention on BBC of the importance of antibody test I.e. plasma donors, knowing who can go back to work safely so how to safely open the economy, but also as part of the track and trace ad the antigen test can be inaccurate if you dont test at the right time..
Aside from that our test had already passed the accuracy requirement and got CE approval and commencing manufacturing and scale up, from within the UK- Roche, a swiss company, may be an option for US but is not really a threat for us I'd say, apart from that they are not making progress in the home testing kit as we are, I have faith that too will be proven successful
So much opportunity then not only from the UK but spreading our cutting edge tech across the globe
Why are we down, the government wouldn't back to administer this into peoples homes if they didn't think it had any benefit, apart from they have already quoted positive initial results, must be profit takers or other shakers??
Great genuine info as to the roll out of this in the imperial article, which looks to be the way out of the pandemic to get the economy safely going again. That accuracy and ease of use has got to be a big thing.
My take on this is copper is 2.64 but that's well in profit for these guys, 2.5+ plus the favourable euro/usd rate means all profit...share price doesn't have to follow copper, it's a good profit margin all the way the sp can only up...production ramping and profits...
http://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-rally-rick-rule-david-morgan/ An article re the recent copper price rally...my take is a strong demand increase is needed to support the marginal supply surplus as seems to be the current trend...