Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Any details on that?
What we know so far:
- ODX is one of the three companies chosen to provide 2m tests a day capacity (according to FT)
- Surescreen is so far confirmed to provide 20m tests on top of the 2m last month in total (FT and confirmed today by Handjob)
- ODX confirmed today that they are **looking to significantly upscale their manufacturing**
All of this is pointing to a significant contract announcement soon, and if people still don't see that then I think they just hate money. I have personally been looking at this from the sidelines, but the FT article and company confirmation got me excited so bought in today
All these people complaining about the news, have you even read the FT article?
From the FT article:
The Department of Health has **chosen** Omega Diagnostics, SureScreen and Global Access Diagnostics to produce up to 2m lateral flow devices (LFDs) per day for the UK, according to two people briefed on the decision. In a separate development on Sunday the government announced that SureScreen would supply 20m tests on top of another 2m it procured from the Derby-based company last month.
The news conference today confirmed the 20m number. Waiting on the 2m per week contract now
Not the same with dummy cash. Your behaviour is completely different if nothing is on the line
Because they are called Big G A Y Fries, and don't want anything to do with them.
Can someone confirm if this is using our kit?
https://www.beckmancoulter.com/en/solutions/sars-cov-2-antigen-testing
Also, in terms of competitors, anyone else making this end to end automated testing solution other than BC?
Yes
No Physical stores, purchased for £50m
Online fashion retailer Boohoo is set to acquire the Debenhams brand in a cut-price deal that will result in the closure of the group’s remaining department stores, according to two people with knowledge of the transaction.
They said that a transaction could be announced in the next few days.
Debenhams went into administration in December last year after the enforced store closures that formed part of the response to the coronavirus pandemic wreaked havoc on the group’s already-fragile finances.
Sale processes both before and after the insolvency had failed to find a buyer, and the company is in the process of being liquidated.
As was the case with its previous acquisitions, such as those of Karen Millen, Coast and Oasis, Boohoo is acquiring only the Debenhams brands and its fashion sub-brands, such as Manta Ray and Principles.
The company is keen to expand beyond its core market of teenage and twenty-something women.
Debenhams also has a substantial beauty business, an area in which Boohoo has in the past expressed interest. Rival Asos has developed a successful beauty business over the past year, and Next is also making inroads into the sector.
The purchase price is expected to be about £50m, reflecting the last-minute nature of the deal, but it will salvage some value for the investment companies, including Silver Point, Golden Tree and Barclays, that bought Debenhams in a prepack administration in 2019.
Boohoo had been considered a likely acquirer of Topshop, regarded as the most marketable part of Philip Green’s Arcadia empire, but several observers of that process said that its initial bid had been pitched too low and it was no longer considered a frontrunner.
The transaction is likely to mean that the rest of Debenhams, which still employs more than 10,000 people, will now be broken up, with perhaps a handful of takers for some of its better-located department stores.
Potential bidders for these include Frasers, the fashion and sportswear group controlled by Mike Ashley, which has repeatedly expressed interest in acquiring all or parts of Debenhams. It was rebuffed in 2019 and again last year.
Boohoo and Debenhams both declined to comment. FRP, which is acting as administrator, could not be reached for comment.
Just broke on FT
Are you being Sirius?
Was it 3?
How many shares did you hunt
Does anyone know when the next trading update will be?
That's BIG. Do we know who the other major PCR players are in France?
He is out hunting for shares
The initial period of pahse 1 is up, there is still a possible extension of this by 10 weeks.
Phase 2 is another beast altogether
Phase 1 was up last week, 5th of Jan.
Great article on FT:
https://www.ft.com/content/419e682b-3092-4097-a668-26d263179a76
This is a trade printed at exactly 10:30:25
Time=10:30:25
Price=852.00
Quantity=300
Bid=848.00
Ask=854.00