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The LSE board is notoriously unreliable. If demand exceeds supply, price goes up - if glut of supply (many sellers) then the price goes down.
Now tell me - is the price up or down ?
I literally cannot get my head around the comments on here.
Innova passed the UK's testing regime, and there is no discussion about ending its usage in the UK. Everyone is talking as though that's a cast iron fact and there is now a huge void to fill...
Government is dishing out Innova tests as we speak, I just ordered 7 of them online. Believing what you want to believe is fine, but so much open misinformation being given out.
Hi Folks,
I noticed at companies house there is some pending activity, something has stirred up a bit of a nest which I hope is someone conducting due dili.
These relate to the AGM back in October 2020, however it does beg the question why they are now being filed... at least something is happening behind the scenes.
Three new articles have been posted:
Resolution of allotment of securities
Resolution of removal of pre-emption rights
Resolution of adoption of Articles of Association
I think this euphoria whilst welcome may be a little premature.
We HAVE approved the test, which is the cornerstone of the FDA case - and ODX are not the only game in town particularly in the USA.
It's certainly positive, but is it a cast iron guarantee of riches ? Not so sure
Blocking the use, and publicly funding such tests are not the same thing.
You can buy an Antibody test easily privately.
The reason they are not making them available is because Joe Public gets test, shows positive to antibodies and subsequently disregards all precautions and restrictions because they think they're immune.
Been trying to find some more information about the rumored Hellenic Dynamics RTO.
This looks like a good fit considering the guys over at Greencare Capital (Nick Lee) and the relative values.
I must admit though, we now are a third of the way through the suspension runway. I would hope for at least an update at the half way mark.
Bought 10257 more shares just to make myself feel better.
Yes indeed, expectation and supposition is the game we're in. We are speculating on the future success of a something with many uncertainties baked in.
Everyone is entitled to their opinion, I am happy for my cash to be tied up here as long as the project progresses - as the value should increase with each and every milestone. I think the SP drift does demonstrate the actual timeline thus far vs market participants 'supposition and expectation' though.
Would love to see some progress in H1 still, and at the very least I expect we'll know if there is any delay particularly caused by the coronavirus situation in that part of the world (changed dramatically since the presentation).
Yes, I will do the same. Nice to see some professionalism on this segment of LSE - I foolishly visited the vitriolic Omega Diagnostics board yesterday to observe the reaction to their own RNS.....
Hi @PaulFG. There has been no RNS worthy comment or progress on the EIA which many expected to be concluded around eight weeks ago.
Perhaps I'm paranoid but I expect there will be additional hoops to jump through which will not be swift in being actioned, nor assessed by the local authority.
As such, I can see at least a month of further delay before the project can proceed in any direction taking us to a quarter behind my own 'projected timeline'.
I'm okay with this, but can see if having a knock on impact further down the line - particularly if there are any strenuous hoops to jump through.
I think we need to be realistic about likely production start dates.
We are currently nearly an FQ behind getting movement, let alone completion on EIA.
I expect the current pandemic situation in the subcontinent will delay this to at least '23 considering that there will also need to be a fundraise and so forth.
Fair to say we are 'behind schedule' as of right now. I am extremely bullish about prospects here, but want people to be realistic that when short term milestones slip, you cannot consider the mid term milestones to be static. It's all related.
Bought a larger position today. I feel like the newsflow is long overdue now - and share sentiments below about bad news.
Let's not forget that the Indian Sub is in turmoil right now.
This is true, something which I suspect the board wouldn't think twice about.
I expect the next step will be something of this nature
Insolvency will result in total liquidation and the only funds would go back to secure creditors.
I just bought £15k worth - all we need is some adjustments and this was always a possibility but the best outcome for all is that the creditors get SOMETHING and I still think that this will happen because it's in everyone's interest. Might take a month though, and could go alot lower.
This is old news, it's been like that for 6 months.
With the suspension being lifted as soon as possible - I suspect will open at C10p
Insider - frankly you are naive if you think any RI will be done to protect Shareholders.
You have seen how they plan to protect their customers - do you think they care about your stake here ?
What if we took out an Amigo guarantor loan in order to fund the share purchase ?
@ Shaggers54 you were chosen at random for this swipe at the forum populace, partly due to your amusing name.
You are absolutely right and those folks are notable by their absence. 'Nothing more than a formality now' merchants.