Lots of rumours flying around with this. They may have won a contract to produce 2m covid antigen test per week, which would dramatically increase their revenue. TTM revenue of £8.5m, this new contract rumoured to be worth £4m PER DAY. If true, this could fly!
CEO very vocal on Twitter claiming all good things, but stock price not moving. I’m assuming the price of Government contract is the key to unlocking the potential??!!!
My guess is every single person will need to provide a negative test to get into events, bars and even work. This is going to make this company millions as they have contracts with the uk government for this.
This will be they way out of this pandemic. Currently at a great price. This will take off in the next week or two
So, I’m curious. Yesterday the price of ODX halved for a very brief moment, and then returned to normal. Is this some dodgy dealing going on, or a systems glitch? Is this something to be concerned about?
How can a share price dip and recover by such a large amount in such a short space of time? Is there any way to work out how many shares were bought during this period?? Did someone manipulate the market to buy a bunch of cheap shares?
This has to be the most confusing company ever. Everything points to them being successful. Best LFT in the game, government equipment ready for manufacturing the UKs tests. Contracts sat waiting for months and months waiting for the DHSC to pick a test.
How has it got to the stage where the UK needs millions of tests each week and yet the company with all the equipment and contracts is just sat waiting for the go ahead? I’m so lost