prospects15 Feb 2022 10:11
Feel sorry for LTH's. The Alva site became economically unviable after the DHSC decided not to proceed to the second phase of a contract signed in February 2021. ODX certainly missed an opportunity with Covid, but the government also takes a share of the blame...
However the enforced change of direction to re-focus on its original products, Health & Nutrition, means that it is likely to be at least a two-bagger from these levels. When this was the sole focus, pre-Covid, the share price was always at least double this current level.
So at least LTH's stand to gain some of their losses back, if they hold on