We might be waiting for PHE approval for UK but it would disappoint me if the sales team are sat on their backsides waiting for the phone to ring. Too much need and opportunity going on elsewhere that could be sold into while PHE dithers.
My only concern is our government reserving an option to take mass chunk of production capacity but not placing any order as numbers fall,thus inhibiting sales overseas where cases are increasing and the need is immediate. Bit of a catch 22 that friday might clear up.
Something going on in background,manipulation for whatever reason but looking forward to a week today when GM and placing dates behind us. Expecting an overhang but CEO needing to announce something of substance to justify placing to the money men. Wondering if government people dragging their feet for some reason ?
Second tranche of shares admitted to AIM on 13th July, a monday after general meeting on friday 10th according to the RNS for placing. Next friday could be interesting companies like to announce good news then.
Whilst Senegal didn't impress too much I reckon India could be the start of a steady stream of countries to evaluate then place orders for this product. July could see takeoff with the possibility of USA buying all ODX capacity if Boris doesn't get a move on.
Expecting this to hover around 42p until ens July. Always find placings take sp down to the price on AIM unless the company announces big news on sales or orders. MMs cant influence much as placing buyers shovel shares onto the market and PI's stand well clear until the mist clears. 7.5 mn now and 12mn after 13th july plus any open offer stuff not retained by aggrieved PI's. Best to go away and come back end July to my mind when market for this product is known.
This will come good, government wanting to be seen with a world class testing deterrent,wouldnt surprise me to find this has been coordinated to present easing of lockdown in a good light. Leicester will remind everyone of its value. Judge it better by friday.
Keeping the sp low for a while was the sign that a placing was in the offing. How many times have we been puzzled by a steady pattern of buys and a lare drop by the MMs at the end if the session ? Clearly those 'in the know' smelt the pattern and could see it was being massaged into a tight band to facilitate a lower buy in price. Traders helped yo drive it lower but will probably drify away now.We learn, a bit of patience as it should still rise.
Hey guys, I have had 71 years of talking ****** after getting a C in BS, take heed of me 'cos I worked on the shop floor making coffee and washing used jonnies up for the traders. Then went on for a P Hd (piled higher and deeper) bought this share for 1d and sold at the top for 89p. I can tell you all it will go sideways then somewhere different after a while. Nurse,is my medication ready yet ??
Seem to be appearing, new zealand and beijing,etc. Testing will be necessary all over and we will get the normal winter flu concerns before too long. The need is there and until we get DF I can see ODX going sideways. Might be a nudge up today with rumours of US boost and UK employment figures.