Paid Derampers Out In Force Today9 May 2021 11:07
One last attempt to sow the seeds of doubt and get the price down before the inevitable rise.They've latched into this 18% margin drivel..From the contract :
Phase 1..i.e. the Pre-Procuction Phase of this Contract.."Margin in Relation to Orders will be 18%"...applies to Phase 1 ONLY
Phase 2..i.e.the Manufacturing Phase..which is NOW..
From Finncap Note : "We estimate Omega will be able to generate a c.50% gross margin based on a price per test of c.£5.00 for the antigen test."
If you sell tomorrow morning on the dip,you will be locked out as the SP shoots back up,..have seen this happen time and time again over the last 14 months,.but,as ever,each to their own.Don't be fooled by the PAID derampers,who latch on to every little hint of shareholder doubt and hesitation.ODX makes tests,for anyone who wants them.They will sell ALL that they make,the only unknown is the annual profit..will it be £100M..£200M..or more..?..somewhere in between is my guess.Market Cap £123M..go figure