Dan & Tom3 Mar 2021 07:36
They have both helped to get this company on people's radar, but what have they said that we don't already know? Not much, really. We know the company has had good products, but found it difficult to make sales. We know the old Board got removed last year, and replaced with a solidly experienced team with a strong focus on marketing. We know they acquired a genomic testing division. We know they got on to the Government approved list to supply test to release kits for people flying in to the country which are already being sold and getting good reviews on trustpilot. We know they are negotiating with big organisations, public and private, and that we are expecting contract news soon.
So, what did they say that we don't know? Two things, I think. Firstly, that they are doubling up their staff at their Manchester labs, to meet the demand that is already there. We haven't been officially informed of that. Secondly, and critically, that the contract or contracts they seem to be close to closing is much much bigger than originally envisaged. This is critical, as a big contract/s would be totally transformational for the Company.
On the info we have, I think the Company market cap will rerate to around 10-12p before news, then, assuming it really is a fantastic contract, to 20+p.
Good luck all. Ignore the derampers, who've just turned up, and obviously know very little about what's actually going on here.