Member Info for Trickymatters

We've just had an outline of company plans with funding in place, to expand capacity to 2 million a week, exceeding expectations. The company have positioned themselves for the mass production of other tests with simple adaptations in the future to test other diseases from TB to malaria to HIV. They have a great position in food allergies too.
Right now they are ready to go on antigen and antibody tests- 2 million a year. Why is the sp so half hearted? I noticed the government are passing legislation to prevent takeovers of pharmaceutical companies required for the public good including those involved in diagnostics.
God knows but sellers can easily be caught with their pants down (crude simile but gets the experience across). We are ending most lockdown restrictions from 4th July. People are quite capable of ignoring those freedoms if they don't feel safe. I think Johnson is expecting PHE approval for the antibody tests before July 4th. It will need to feature to support the public perception that we are safe to go.

Looks like we are heading for £300-500 million pound turnover from Cv19 tests alone. Assuming 2million tests a week and at least £3.00-5.00 a test to ODX. I guess we could get more than that. We will get more details in good time.

Davde, the 7million + shares for issue on 25th Jume won't be 'available '. They have been pre-sold to institutional investors and directors.

Jesus! Bloody hecklers like! Lol. Well now we know the Twitteratti do know what's happening!
Goddamn.
I suppose we are recovering quickly from this morning. And the salient news is that they need to expand so we won't be making 24 million a week we'll be making much more than that.
Freaked out that they did the fundraise before news but not freaked out that they would have wanted a fundraise at some point. The whole 'government funded' story was completely unfounded and bore no relation to my investment decision.
I wonder how long it takes for a leak to establish the scale of their increased capacity. Looks like the consortium are planning to keep control of manufacturing and sales for themselves for now.

I am wondering what happened to Legal and General? Quality papers saying the insurance industry has taken a cv19 hit of about £16 billion. Hence the unseemly rush to sell from 30p onwards- having secured 100% return by then already. I noticed that Link sold out of Avacta a little while ago and a TR1 went in for 14%. They are required to inform the market for every 1% they sell until they are under 3%. So, well dodgy. I wonder if we are getting a bit of that. The last TR1 we had from L&G was showing them down to 6.8%. Some huge sells and huge buys going on right now. Market makers might be talking to each other about this. They don't want a big sell to benefit from an uplifted sp do they?
And I think the market needs to get it's head around the government's tracking app fiasco. Nothing to do with the RTC. Won't affect the value of the app we have which is an instant reporting facility. Will be excellent as a tool for us to understand how the disease has spread, whilst offering reassurance to employees and employers enabling a safe return to work. Our app was never about tracing automatically in the surveillance realm. The functionality of those apps haven't been great anywhere. Article in the Guardian, will share from my pc later. The bluetooth reliance sucks the juice from your battery like crazy. Worse it confuses distance of your contacts depending on whether your phone is in a bag/pocket (exaggerated distance) or in the open (underestimates distance). So more people can end up in quarantine than should or conversely, you miss people who are exposed. In the rush to criticise the government- well, they have been incompetent- the appraisal thus far is missing the fact that the concept of 'track and trace ' using the app specifically, is still a work in progress and far from perfect anywhere. But the app is not the essential element. The test is. The ability to share results with confidence and to feed those results into anonymous monitoring alongside a reporting system based on trust and voluntary disclosure will be a huge step forward.

BoE went for an extra 100 billion purchases of government bonds. So £300 billion at least still to come this year. Gilts will get sold quickly now and those investors will be looking for a new home. Plenty of new money will be available in the stock markets in the coming weeks and months. We will be a very attractive proposition. Low risk, very high growth potential. Anyone who looks closely at the cv19 plays can see that we are streets ahead from this baseline.

Boot 192, what mate? And your point is my darling? That sounds like a recipe for a little heart attack right there. Well if your investment goes up 300% from a 50p baseline (already a good lift for Avacta) before the substantial news then you could sell couldn't you? I mean no-one has ripped you off at all have they?
But many of us are very much tipping this share. So contrary to your suggestion, we are saying 'buy' and we are saying, you are daft to sell now unless you suddenly realise you need the money to get your old man a Father's Day pressie? Like if you are desperate? Otherwise, very bad idea to sell. Buy- brilliant move. Maybe the best move you ever made. Sell- dumb ass move from outer hell. Like Dominic Raab's understanding of contemporary politics. Take the knee mate. Don't bend it Lol.

I noticed ages ago that he said ODX were a good investment. Don't know why the maestro felt the need to sit on the sidelines for so long that he then feels the need for a little subtle deramp to encourage a little sell off so he can finally have the courage of his long expressed convictions and buy in. Sigh. Well, ladies and gents- everyone else who made the good decision to get in ages ago - do remind yourself next time he puts the owl eyes out- you were there before him. Trust your decision. Trust the facts. And tune out the noisy, and not very well hidden agendas. You can do this. We're all going to make some fantastic returns. Hold your nerves, super investors.

Why is your poor wife frustrated Greedo? I think you could maybe keep that to yourself mate LOL.

The BoE will be announcing their decision on an additional round of QE today. It will be at least 100 billion according to the Guardian Business and the FT. Could be 150 or 200 billion though. When the price of bonds get lower returns bond investors want to get out and get into stocks or property. Property is forecast for a downward
trajectory. Big investors don't want to be in negative equity. I expect an immediate impact from this afternoon after 2.30pm when the minutes of the BoE meeting come out. We will benefit too. Maybe late afternoon and/or tomorrow. One of the best value stocks around. Near term high growth potential. Newsworthy (to put it mildly), relatively low volatility, pretty much guaranteed bagger from here. Might be welcoming some 'high net worth' investors very soon.

Sharehunter3, just checked the short tracker. Precisely 0 shorts on this share.

Sharehunter3, just checked the short tracker. Precisely 0 shorts on this share.

Abingdon are telling us that they are expanding fast. ODX tweeted that they too were expanding their production capacity too a few days ago. They won't be competing between themselves. They have been collaborating throughout. They will probably be sharing IP for the antibody POC imho. The main point is that capacity has expanded since our last formal notification. The market will be bigger than what we can deliver anyway. We will either keep expanding or we will have to set up licensing agreements. Maintaining control of the product means the consortium keep control of quality and therefore ensure credibility and reputation for reliability. If they were to put enough resources into managing licensing that could also work.
Happy Wednesday everyone.

'Brekkers' as in breakfast I meant! Lol! I wonder who invented predictive text? I can spell just fine but I always get caught by the damn spellchecker!

The sp seems to be tracking the confidence in the rest of the market at the moment. Looking better today. I have a glance over this bb every day to get a sense of our investors feeling. It's a bit dispiriting that our news is still a work in progress but we all knew that really. I see the sad old trolls never get tired of de-rampiing. Wessexvoice- are you invested? I doubt it with that illiterate nonsense. Oh yeah- this is not your local high st fascist group btw. Please don't assume that your disgusting politics need to see the light of day. Tell us about our investment or disappear. You are in danger of putting me off my breakers.

They rushed theirs to get first advantage. Big pharma are not really natural innovators. They normally swoop in late to the party and then put some money in at the last minute. I think these four cv19 plays are all pretty good examples of industry disruptors. ODX the most promising from here.

'More or Less' on BBC Radio 4 is absolutely going for the jugular on Roche and Abbott tests! Ooph! Professor John Leek a statistician, telling R4 how they've both manipulated their data big time. Abbott are 15% out and Roche are 100% right mmm.. if you only look at the 5 tests undertaken after 17 days and discard the rest. Those big pharma are going to be holding onto a great big stash of unwanted and discredited stock. Oops.

Strong start this morning. Let's hope this is the impetus for today :)

Good that BBI keep reminding us of their progress and expectations which are still on track for June. 3rd time they've issued that information. Fits in with Dido Harding, new testing chief, acknowledging that test and trace must get better and she tells the Guardian it will be world class 'by the Summer.'
I think we will get some news from the Mologic partnership first. 15 countries in Africa have signed up for our tests. 5 new tests in development. Africa is now one of the world's fastest growing hotspots. Yikes. The WHO have already said they want to tackle that. Looking good for ODX.
At these prices I want to throw everything at it. Just trying to gather the confidence to empty out of something else I have that is sadly underperforming. I am getting on my own nerves with the procrastination-Lol!

'Duds' no complaints about 'dudes'! Damn spellchecker:)