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Everyone’s got in now (MM’s mates rate) now they’ll let this fly
Must be a leak of some sort? Wouldn’t be surprised, presentation next week!
UK government has a decent track record of procuring equipment from unvalidated and incompetent companies, I.e there’s still cargo containers of PPE still sitting in an airport hanger which costs taxpayers millions and ended up not being fit for purpose. This is just another one of those. I really wonder what the agenda is and which MP has some affiliation with these companies. Pretty sure they are looking after their own!
In my current role I actually submit tender bids occasionally and normally a Purchase Order is submitted to the company who has won the tender its never a case of ‘potential future orders’ it’s not really how tenders work.
A couple of months or so ago I made a statement on the poor workmanship of this so called PR company and how it’s actually really poor at pushing this through. This company has the BEST and most accurate solution for the current and biggest issue on planet earth, stand on the rooftops and shout out about this left right and centre.
I’ve been invested since April and to be honest it genuinely upsets me to see the likes of AVCT and GDR share price to be higher than we are.
Under AIM rules, this has to be notified with an RNS as it has a financial impact on the company otherwise not releasing an RNS is therefore illegal.
I saw a comment earlier that if an RNS was released in the morning regarding the awarded tender then we would have seen a 15% further increase in the SP, i disagree, I believe we should see minimum 30-40% increase in SP.
What is the biggest issue currently that the UK is facing? The answer is a shortage in testing
What will ODX provide...a solution to the biggest problem. This is probably the easiest way to describe this share.
Wow, excellent find! Hats off to you sir!
Guys I am so sorry for the MM's catching you out this week and to the guys who fell into the traps of the derampers. I've been here long enough now and made the very same mistakes as you did when I first started.
@RegulatorUK
Yes you are correct, this is merely a task which requires review of documentation and then (if necessary) pose any questions to ODX. When I was dealing with the MHRA you normally get assigned a lead assesor. I'm sure ODX will have the main contact they are dealing with at MHRA, would be good if CK can chase...
"MHRA have the application etc....it takes a bit of time, MHRA are not the quickest, if it was the FDA and Trump behind it the deal would of been signed off already...its coming."
From my previous experience of working for a Pharmaceutical firm, organising and actually conducting an inspection for a manufacturing suite, from inspection to report is approx 3 weeks and it's pretty quick. My only guess is that with all the auditors working from home things have slowed down slightly. Also as this is a product there will be analysis on the data submitted. But honestly speaking it should be very soon, very very surprised feedback isnt given back to ODX as of yet. IMO they will get the feedback ASAP, especially since after the UK Govt has fulfilled orders. This is just my little experience of having dealth with the MHRA in the past.
Typical move, probably wanted to buy some cheap shares! See it all the time before a big rise that's due. They just release a bearish note for their personal gains.
@ Knock:
Interesting that leaked NHS documents indicate a vaccine will be distributed within the next month or so.
Does this mean our test becomes more important or less? Does the test also pick up those who have had the vaccine and those who have had COVID.
Antibody testing will be very important once the vaccine is released to monitor to see if the body has responded to the vaccine and produced antibodies, Colin himself mentioned this in the webinar this week.
You see The Motley Fool writing a lot of s*** all the time along with fincap notes like these. WHat it comes down to is their own personal agenda and interest. When they have a short positions opened themselves or plan a short attack you'll see a flurry of negative articles vice versa. I recently saw this last month with Inovio. One week TMF slating the company left right centre everyday and the SP dropping, the following week praising the company and surprise surprise the SP rockets up 50% that week. Just weather the short storm, there could be a couple of red days here and there but dont be fooled.
I've got to say Aberdeenman has some good valid points, there's nothing ramping about what he is saying, the presentation stated all the facts. I've been saying some of these points over the last few months whilst people were deramping and selling saying this will never get to £1 and how investors are deluded. Well guys, I have a feeling £2 is coming, my guess is by the end of October.
One thing I must point out is everyone has their own exit point for whatever their personal reasons are, that's totally acceptable and fine, but I don't understand why they disencourage other investors after selling?
Very soon means anytime now, most probably this week ;-)
Heathrow tests are positive!!!! man if you can hold this till Xmas i promise you £3!
WOW! no one spends capital and money on equipment without scope! now I am even more confident £3 by Christmas!
Does anyone feel like me - sell now (at a profit) or wait for presentation and maybe lose/gain?
No....
@Safy,
it may be worth posting a link to the email you received from ODX so that the derampers can call it a night!