Orders6 Apr 2021 10:08
The PM just said the words LFT and test about a dozen times, LFT news in every paper, news report, every carrier pigron in the country had a note with 'LFT' attached to its leg.
BJ tries his best by inventing 2nd largest LFT supplier in Europe. Other usual suspects try to whip up a frenzy, better get in now, no chance of getting in below £1 now...rampy crap.
Every couple of hrs the amount of tests the UK/England/Wolf76 needs increases, by lunchtime UK will need 1B tests a day.
Everyone seems to forget that PA consulting was tasked with ramping UK production to 2M a day, not 100M/135M/pick your crazy number of choice a week. ODX is ramping to 1/7th of that, but let that not interfer with good ole BJs 2nd largest LFT supplier in Europe, wrld exclusive.
So with an entire 4 days of endless ramping, and all that pent up demand, the SP is simply back to its same range as its been FOR MONTHS.
Unsurprisingly, SP stability over that time matches the stability of orders
Can the usual suspects give it a rest, you're just getting yourselves all wound up for no reason. It's the arrival of purchase orders, or the continued absence of them that drive the SP of any manufacturing company, and ODX is no different.
And you can't get an order for something that you can't make, ODX currently can't make any antigen LFTs. The longer it goes on without the uk gov picking Mologic test (which Mologic and GAD have been in a position to make since the end of 2020), the more likely it is that odx will have to start another TT process. I hope that isn't the case.