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Total nonsense. 98.4% sensitivity is fine-the MHRA criterion for sensitivity is 98%. You don't lose lives by using lfts. You save lives because you find people who are asymptomatic and would never have come forward for a PCR. Most PCRs aren't 100%. PCRs are too expensive for every day testing which is what lfts are designed for. No-one is paying £65 a day to be tested twice a week. Even governments aren't paying that.

Here you go Inphobe.
Depth 7
14:54 JBER 2,500 87
14:54 PEEL 2,000 86
14:54 WINS 2,500 86
09:30 FCAP 2,000 85
09:15 SCAP 2,500 85
10:46 SING 2,000 82
08:05 MREX 2,500 80
7 Depth
90 2,000 PEEL 14:54
92 2,500 JBER 14:54
92 2,000 SING 10:46
92 2,500 WINS 14:54
95 2,000 FCAP 09:30
95 2,500 SCAP 09:15
100 2,500 MREX 08:02

Lunar, I have been in an out since January. Bought at 56p sold at 1.44 and 1.33 and had another smaller buy at 1.27 which I sold for 1.31 before the trading update. Bought again after the trading update and now thinking to double my small £20k holding and throw all my ISA allowance in and hold till the end of June. I normally just buy long but I do reappraise regularly for obvious reasons. Only reason I will be out at the end of June is that I want to buy a new house and retrain. Been a full time pi for over 4 years. Hard work!
GDR is suddenly a no brainer for me today. I was a bit nervous after the trading update tbh but the opportunity is now fully re-established for sure.
100/100 sensitivity and specificity puts them in a best in class category for PCRs. They already had the obvious advantage with the high throughput capacity, the distribution network through BC and the lower level of reagents and processing time but now India have said they are better than their own claims for 98.7% sensitivity. That's the same as ThermoFisher and Siemens. Don't think anyone else has claimed 100% sensitivity. I am very hopeful they will deliver a fabulous return in my time frame- much more confident as I said after this.

They can negotiate Lunar. The pricing policy affords a very good margin. If they sell at scale a pound less profit won't hurt. They are already saying that the tests can be used on a wide range of platforms. See the Sharecast article published just now. They are signalling the flexibility of the pcr technology beyond the BC partnership- recognising Roche, ThermoFisher and other biorad machines are compatible. All looking good. Are you in Lunar? A bit excited?

Not sure about that. But I do think we will exceed £3.50 by the end of May. I never go for predictions but there's so many opportunities right now.
1. India big buy extremely likely. We fit the updated criteria for high throughput tests and their date gave us 100/100 sensitivity and specificity
2. Indian approval will focus minds at the FDA.
3. Indian approval will focus minds of UK commissioners. Deadline for the multi billion framework which we are on is today
4. Indian approval will focus minds of the EU regulatory authorities- we already have approval in Poland don't we?
5. Buys from South Africa and Thailand could also drop any time.
Once they get this kind of high profile credibility they are on an upward spiral.

If we get a big buy from India we'll double on the same day. Could be days away. We are so on the FDA radar now. I expect the UK commissioners are moving GDR up in the buying assessment as we speak. The big PCR antigen contract deadline is today too. Having some lunch and then going in!
Who cares what the day traders and the mms are doing they won't be able to hold this back soon!
Quite sweet that Budd was honest enough to admit concern about how long it was taking to get through regulatory approval. So glad he got that wrong! Go GDR!

I reckon it is. Will dilly dally as is my wont - in case I get a better price later, but I think I am having a £10k top up today.

Could go either way. Two sides to level 2 and they are showing neck and neck, as are the volumes. I am not convinced it's that transparent anyway. The point is we are building well and on the back of that news we will keep building in the coming days. As others have suggested, this sets GDR clearly on the map in the global market. There's a bit more pressure now. If India has regulated and India says they scored 100/100 for both sensitivity and specificity why wouldn't other regulatory authorities just make sure they get onto assessing this test sooner rather than later? They don't want to be in a position where the public are aware that the best tests are not being evaluated and bought.
By the looks of the disaster unfolding in India, GDR tests are needed asap. We should see a big buy follow from the Indian government imho.
GDR is in a very different position than the trading update last month when David Budd said he might give up on trying for Indian accreditation because it was so difficult. That's partly why we took a hit in the first place.
Uncertainty lifting. Confidence restoring. Immediate outlook changed dramatically for the better.

It doesn't. Sometimes I think it's a waste of time having level 2 Mr India.

You need to stop ****ging off lfts. You just make yourself look ignorant and you won't get new investors that way. PCRs and lfts are both here to stay. If you align your arguments to John Deeks who has been humiliated by credible heavyweights like Sir John Bell, Dr Michael Mina, never mind the whole of the MHRA and JCVI committees, you may as well align yourself to Maestro.

Whoop Whoop! Well done GDR! First out of the block with the bigger covid plays with a major international regulatory approval. Can't get better than 100% sensitivity and specificity! Bloody g8 news!

Are you back in Walbrooke?

Michael Mina has been calling Deeks out since last Summer at least. The question is why is the Royal Society for Stats and the Guardian still giving him airtime. That's what Michael Mina is raising in this tweet and the question deserves to be answered.

Covid passports including test results required for international travel this Summer.

So decision time should be close now. The review for the May 17th roadmap is due shortly too. And Han**** was making a speech today on the longterm future for the UK biomedical industry. Must try and track it down.
GLA.

I miss a bit of 'choo choo' though Reddog! Are you going to pick up the mantle? Lol.

Tara Walbrooke. Good luck to you too. Thx for your efforts at keeping the old spirits firing. You done good as far as I'm concerned.
Shame to sell when we're so close to the finishing line. I can totally see his point about the share being manipulated, although since we threatened to call in the FCA a couple of weeks ago and some goon quickly turned up to tell us there's nothing to be done about it I have noticed the volume of buys and sells balances out properly all day- not just at close of day. And the same applies to other covid plays I have on my watchlist or I am also in.
So apart from the pre-emptive drops on tricky news it's better than it has been for ages.
Interesting I think.
Funny how people sabotage themselves though. Almost as if some of us humans can't really believe in ourselves or can't believe that we can do something amazing for ourselves with a bit of courage and determination. It's certainly been a long and winding road. Longer than expected. But it looks like we are finally about to see those fireworks. GLA.
Oh, and the board is looking very sensible today too! I have binned the usual suspects ages ago but even the green bins are a lesser spotted species. You lot are all a pleasure to read I have to say.

Mikodox, it says in the guidance that firms with an asterisk have withdrawn themselves. Which Abingdon has not advised its investors. Naughty Abingdon. They said the regulatory process was slower than expected. Hmm. Pretty ambiguous at best. Maybe we are selling them all here? I noticed that the MHRA are reported in Sky news as having a beef with government about the covid passports. Something about not wanting to validate a green light rather than a red light?!? If it's true it underlines how risk averse our public health authorities have been. Fed up with it actually. However the EU looks set to move on covid passports so now that mortality is in single figures it seems that we will be going ahead with them too. #Absolutely massive.

Well that's a bit more cheerful hey. Thank God for Twitter! I have to disagree with Regulator about purdah. It's always been a thing. The argument is any policy announcement can affect our voting decisions. Kinda true and obvious when you look at the 'Boris bounce' from the vaccine roll out any other announcement that will suggest that we have a confident plan to ensure the end of lockdown with brand new super sensitive lfts could easily be said to be political coming just before an election. Pity the same can't be said for the government failing to pay their bills on time!
Ooh, that was a shocker this morning though. I managed a little buy at 67p to bring my average down a bit in my main account. Tempting to spend my whole ISA allowance for this year though if we get any more scares. Nice to feel like we have a bit of a near term timeline before the mega news arrives.
Been a long bloody wait but I think it will be worth it. GLA.

Let's not forget that the first UK testing budget still has at least £8 billion left which is intended to be spent by May 2021 according to the testimony of Dido Harding, the Head of the UK Test and Trace scheme, giving evidence in late January to the HoC Public Accounts Committee. The money will be by and large for tests and testing equipment, not for the test and trace infrastructure which has already been set aside. We could get a decision on the £3 billion framework any time. They need the best PCR tests and they know there's worldwide demand for them. There's no way the UK JCVI won't be up to date with the FDA updated guidance for faster, more efficient manufacturing and faster processing of PCRs. They will want to be on top of best practice by international standards.