latest from ODX over next few days12 May 2020 10:16
as everyone is reading we are now seeing impaitence win over patients, after max of one month when the company has the pressure to create a poc test based on a new virus never seen before with limited / no data and understanding available!!
so odx did develop a lab based test in weeks and started manufacturing. imagine if they are making £2 per test, 46k of them a day being distributed to nhs or further afield and there is a whisper of capacity being looked at?even if its half this theyve booked an extra £10 million on the revenue to start
on top of this the POC, suspect gold standard test is nearing the upate, completion which ideally can then be approved and sold everywhere in the world. ?? £10 test, 50% margin easily, how many do they need to sell?
so positive position, everyone disappears off as the stock market starts to wobble with nervousness of second waves starting to appear so easily and therefore corona stocks / demand of products will be needed more and more. i note china is going to test everyone in wuhan for not sure whether they have got or had the virus, 11 million tests!!. in the end we need to understand what is actually happening, who has, who hasnt and next steps. you cant manage this virus without the data and expect normal economic progress