The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
MHRA will round up to 98%
Completely agree chuggley I’ve made this point a while back and just got shot down about it. I remember seeing like an advert on Bloomberg (Bloomberg Philanthropies) regarding antibody testing, they must have been showing it around 10 x a day a short two min clip, that would have been a perfect opportunity to setup an interview.
(Speaking from experience):
Normally after the MHRA inspection, your report is given approx.. after 2 weeks or. I'm very sure ODX have their validation, not sure what they are waiting for?
Still cheap tbh! Just take a look yourself in the media, theres a huge shortage of tests and the demand for testings is soaring due to schools/workplace etc. The government cant keep up with the demand, you literally have people driving hundreds of miles for a test! People not being able to return to work without a test. Now, with such a shortage of antigen testing, the next step will be to promote anitbody testing. It's more accurate, much faster and can be done in the comfort of your own homes! The requirement for testing is only going to get busier, wait till next month/winter months when seasonal flu kicks in, everyone will want to get tested just in case. You should see £2 by end of October at least in my opinion.
Can you smell the shorts being roasted?
If I knew the answers to those type of questions I’d be a millionaire by now ;)
You’ve got to be mad to consider selling this at this point, seriously! Having previously worked for a Pharma company and organising and dealing with MHRA inspections I’m pretty sure the report has been submitted back to them and all that’s left is the official announcement. They’re normally pretty swift, I would imagine even more so with the current requirement for such testing!
It's a typical daily trend, buy on the drop at 5% then sell when green, today was just a typical example of this, I've been holding for that long I can see the typical daily trends. Unless there's a RNS dont expect rainbows.
If you have a gold standard test which is proven to work, part of the UK test consortium wouldnt anyone who has even the slightest experience in marketing/PR would shout about this from their rooftops. It's not like ODX have a huge portfolio of products which you need to derive a separate marketing plan for each product, you have ONE gold standard test to promote as much as possible, write articles, promote this in journals, approach the media (newspapers) not just national but local too. We are in the middle of a global pandemic, business, travel and daily lives are disrupted and you have a product here that can contribute to making all of our lifes more easier, and most importantly safer! Shout about it, let the world know!
Yes thats also a possiblity, small multiple orders.
According to stats the population of India is 1.38 billion, assuming they would like to get (a modest) 5% of the population tested thats 69 million. Of course the same people may need testing twice in the future ;)
https://www.medicaldevice-network.com/news/uk-government-free-covid-19-tests/
THIS WILL BE HUGE!
No speeding ticket worries, let it churn baby! Now we have a good base! Im' glad the RNS is holding out now, let it get as high as possible then we can beak the £1 mark easily with the RNS.
Jackdog
Have your breakfast mate, you deserved it!
Anyone seen the advert on Bloomberg philanthropies regarding antibody tests? Seems like the US have taken up this idea...orders soon!!!
Tempted to put some in SNG but my track record of getting stung whilst chasing rainbows is not good! Theres absolutely no reason why ODX can do this on good sales news!
For sure India could produce their own test but I can promise you one thing, they will never be able to reach the accuracy that Omega can offer. I don’t think countries will cut corners when it comes to matters such as life and death.
Jealous of the people that have invested below 40p I must add.
correct! I'm in at just over 57p and havent sold a single share yet as i did my own research..also trust your gut feelings as well...for some reason I just have a feeling this is going beyond £1 within a couple of months. Im even tempted to hold throughout winter, talks of a second harsh wave will only cause demand for these tests to increase.
tkevin...
Most people are investors here hence their voice for upset and anger. They do believe in the company however what they dont believe in is the fact that the share price drops 50% in just over a month, even though there was a DF.
I cant believe the SP where its currently sitting at. Remember, theres probably some people that got stung and bought at 90pish just after the sky news interview, got to feel sorry for them! I'm definitley holding on for the long term, I invested in some American Covid stocks back in April and literally the same thing was happening, just stagnating and sold on fustration, today theryre up like 200%+ so lesson learnt, be patient! It's all a game and dont loose to the MM!