Member Info for wadogara

@rxdav.Yeah,think my 1st dip was in low 40s.Had watched it drop from well over £1 and had high hopes for the Affidx/KnowNow tests. Not the best of news recsntly on the lft front,but the IPO orders for both tests still stand afaik and i believe the ABDX board are more able to assess current and ongoing demand for them than we are.The media narrative atm is that covid is over,i think there's still some surprises on the horizon once society is fully opened up again and air travel gets back in full swing.We're also developing a blood test lft amongst all our other products and the good old antibody tests (who knows where that may lead).They say they aim to be the largest lft manufacturer on the planet..a bold statement of intent,so i'm assuming they have big plans of which we are yet unaware.They certainly have all they need atm to drive forward from here. These are bargain prices imo.

Thats a personal one @LP..currently tho i'd be happy to see late '20s.It's a buy and/or hold here afaic.Recently funded,low mcap,profitable,directors' skin in the game,battered SP,facilities expansion completed,owed £9.3mn (which can come anytime)..what's not to love.Hoping for some LFT news shortly and expecting new manufacturing agreements out of left field.Something has to happen soon here,can't be much left on the downside.

Thks also @TommyD.

@WelshFalcon. I never seek sew seeds of doubt in my own investments,just trying to stay balanced in my approach whilst simultaneously attempting to keep a lid on my enthusiasm.It's always important to be aware of any possible negatives.No games to see here,throw down your arms.

@Doc83..you're entitled to your opinion on here the same as anyone else,thks again.

Wow..timed that one well.Another few of those and i'll be break even ! Seems we just need to update our website page..simples.

Thks for the reply @Doc83,just fishing for viewpoints.Do you think there's a strong likelihood of orders being detailed in the readout RNS ?..that would certainly set the SP alight ifbit were so. I think it was xviolet who i had a brief exchange with on here a few months back regarding potential mis-interpretation of the RNS. Inclusion of any order values would put any such anomolies to bed,let's hope the spinal bones of the RNS are heavily packed with meat.GL to you and thks for your contributions.

Just did likewise @rxdav. Thia will fly on any positive news after taking such a recent battering.Their mission statement is to be the largest lft supplier in the world.Waiting on news from KnowNow laumch and developmemts with the Affidx test tweak.Directors happy to lump in at 25p so i'm happy at 16p.The good old DHSC owes us half our mcap lol.

If this were to happen,can we afford to go it alone or would we be lookimg at a near-term fundraise ?( An honest question and i'm sure this has been discussed already but has passed me by )

@Oracle : "close..at 3.5p.. so when we hit 7p,which just happens to be a 50% rise"
I think a rise from 3.5p to 7p would equate to 100% ..but, as you say.."all the dummies will think they have done well"..especially the ones who can count.

Pumpky "let's hope it doesn't go the same way as the Avacta test."
It won't.Read the Affidx Update RNS. The KnowNow test mimics the infection so they expect it to continue to recognise the SARS Cov2 virus,even in the face of new mutations/variants. You really need to pull back on the positive undertones.

@Mr Bigdeal. Believe me,i am certainly hoping for a turnaround on this as well,been here since April'20 and watched alot of profit diasappear into the ether. You referenced a brief discussion earlier re pre-covid SP comparisons.The comparisons were not borne out of negativity or misguided as you state..at least not on my part.It was in response to Stas20 (an old friend to many here) calling 8p as a comparative SP to pre-,covid levels,to which i disagreed.The comparison was based on the SP and number of shares in issue,pre-covid and now...nothing else.Just to clarify.

Into COP stateside..it's thebshare that just keeps on giving !

P.S. RIP Meat

It must have been while you were kissing him

Should read.. equivalent pre-covid SP of 10.5-12p. Since then,capacity has increased ,along with staffing levels and overheads.Non-covid divisions growing and expected to continue doing so.ANY covid revenues from here on in,.any at all,should shift this SP north.Do we really think that self test approval (EU for now,granted) ,CTDA (if it ever comes) along with our existing DAM contract won't gibe rise to ANY additional revenue,over and above expenses ? It's been a demoralising drop from previous highs,but surely there must be a chance to double your money from here in the coming months...

Feb '19 to Feb'20 SP was 13-15p range.The sudden drop to 10p was caused by the global crash,brought on by acknowledgement of covid's severity. Better to be fair than just highlighting the short-term, single day SP low on 05/04/20. For market cap 'parity' as you put it,equivalent to pre-covid SP is actually more like 10.5-11p.
In summary,this really can't go much lower. One would now need to assess if the upside is potentially greater than the downside.

@Sileng.We ARE making for Vatic.We're currently producing batches of their tests to push through the TT,which is in its final stages,and we also have "significant orders" from them dependant upon said TT.

https://www.connexionfrance.com/French-news/Leading-French-scientist-variant-of-Omicron-may-cause-new-Covid-wave
Aren't we lookimg to sell in EU ?
(apologies if already posted)

It's not.End of discussion.

Surely we would have to be notified if we had failed CTDA approval..was Bethall hinting at this when he stated he knew of no delays with the application process? Why,if it's supposed to take 20 days,is it taking forevvverrrrr ? No other UK LFTs approved yet either..is it a case of 'if you haven't passed Porton Down you prob won't pass CTDA' and we just haven't been told ?? Afterall,it took a long time for us to be told we hadn't passed PD...correct me please..