RE: Break 60p and today will get interesting12 Jun 2020 12:40
i think the sp has overall been pretty stable week to week. gladly seen some blue days and considering world, global markets we are doing pretty well.
friday morning blue day is interesting as are we back where people wonder whether to be in or not based on next rns reelased, days in june disappearing?
we've expanded our ability to produce multiple covid tests, ability to support a range of products and we have acknowledged that this direction is worth more focus than other parts of the business so the decision has been made.
odx are moving into new fields, if a vaccine came and resolved corina then short lived, if this is two + years which it could quite easily be we are certainly building a capability in a huge market place, an ability to also look at development of the virus signing several year deals with moligic.
if asked a week ago would you be happy having 5 potential tests, antigen and antibody and poc and lab, validated, on sale and global i think most would have taken it.
within one week weve gone from markets moving on from the virus to well and truly especially in usa proof of being stuck right in the middle of increasing cases.
interestng weeks to come, if they start to announce multiple orders of the different tests, we know margins can be good the sp will react quickly. gla