RE: Finncap - Another Consideration14 Mar 2021 12:27
it's simple, since ODX did the video presentation which included the capacity ramp up for the first time, there has been no visibility of orders. How silly would Finncap have been to do a forecast for the interims, when the company themselves were not forecasting any production at that time, and they have had no orders, and as it turned out, at the interims they stated total of £1.5M income from all covid activities, and did not provide any numerical indication of income for the end of the financial year nor any production quantities.
There was no substance on which to base forecasts. As it turns out there would have looked incredibly foolish if they had forecast based on shipping large quantities for RTC tests, which never materialised.