| Latest Forum Topics / Clearbridge Last:0.001 -- |
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Medical Stock - Strong Shareholders
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newbie888
Veteran |
29-May-2020 21:23
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I don't think it's 150 dollar.. It swab test that's 150.. Test kit should be much lower than that.
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mirage1
Member |
29-May-2020 21:04
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2M × 15% x sgd150 = 45M Profit? 😅
The reason i used 2M sets is because these are the number mentioned and committed plus minus their own sales. A rapid test kit for COVID-19 launched by former National University of Singapore (NUS) startup company, medtech firm Biolidics Limited, has been approved for distribution and sale in the US for use by clinical laboratories or healthcare workers for point-of-care testing. The company has also appointed an exclusive distributor in the US for its rapid test kit. This adds on to its earlier approvals and authorisations in other countries including Singapore. The rapid test kit identifies antibodies to SARS-CoV-2-the virus that causes COVID-19 at an accuracy of more than 95 per cent in 10 minutes. Co-founded by Director of the NUS Institute for Health Innovation & Technology (iHealthtech) Professor Lim Chwee Teck, Biolidics was formerly known as Clearbridge Biomedics. Using human serum, plasma and whole blood, the rapid test is one of the few that combines both IgG and IgM antibody tests for COVID-19. IgG and IgM are both antibodies that are produced by humans in response to COVID-19 infection. As such, the rapid test serves as an added tool of detecting COVID-19, indicating recent or prior infection. A negative result from testing does not rule out a SARS-CoV-2 infection, while a positive result could be due to past or present infections with non-SARS-CoV-2 strains, such as coronaviruses HKU1 or 229E. Both HKU1 and 229E cause the common cold. Thus, the rapid test kit may be used as a diagnostic support tool, interpreted together with clinical presentation. Results have to be confirmed with supplemental testing. In a stock exchange announcement on 23 April, Singapore-listed Biolidics announced that Aytu Bioscience will be the exclusive distributor in the US, for the rapid test kits. Aytu has a binding commitment to buy an initial 500,000 COVID-19 rapid tests, and a total of no less than 1.25 million tests within three months. The kits are already allowed for sale in the European Union, and have received the relevant approvals and authorisations by Singapore's Health Sciences Authority and the Philippines? Food and Drug Administration.
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Fluffyclouds
Master |
29-May-2020 20:09
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Second that notion. Turn to shares is a good beneficial move in my opinion, else they would just take the money and zhao. Good sign!
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newbie888
Veteran |
29-May-2020 19:38
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It's always positive when bond holder convert to shares.. Most of them are either ssh or rich peep who got the privilege to get these bonds in the first place.. So for them to convert into shares at least shows a certain amount of confidence.. Albeit at 14cents?
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Acidrxz
Member |
29-May-2020 18:40
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i think no effect
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PQTPQK
Supreme |
29-May-2020 18:34
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So good or no good ?
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Acidrxz
Member |
29-May-2020 18:26
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news tat have no value shares of 714,284 of value $100,000 which means at value of 0.140 is released to market. 700k shares cant even push up 3pips haha
Unless otherwise defined, capitalised terms used herein shall bear the same meanings ascribed to them
in the Company?s announcements dated 31 January 2019, 8 February 2019, 26 February 2019, 8 March
2019, 25 April 2019, 17 May 2019, 1 August 2019 and 15 August 2019 (?Announcements?).
Further to the Announcements, the Board wishes to announce that the Company had, on 28 May 2020,
allotted and issued 714,284 Adjusted Conversion Shares to certain Subscribers at the Adjusted
Conversion Price, following conversion of the Convertible Bonds with an aggregate principal amount of
S$100,000, in accordance with the Terms and Conditions.
The Adjusted Conversion Shares will rank pari passu in all respects with the existing issued shares in the
capital of the Company, save for any dividends, rights, allotments or other distributions the record date for
which precedes the date of issue of the Adjusted Conversion Shares.
Following the allotment and issuance of the Adjusted Conversion Shares, the issued and paid-up share
capital of the Company has increased from 599,555,658 Shares to 600,269,942 Shares.
The Adjusted Conversion Shares will be listed and quoted on the Catalist Board of the Singapore
Exchange Securities Trading Limited and trading of the Adjusted Conversion Shares will commence from
9.00 a.m. on or about 1 June 2
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PQTPQK
Supreme |
29-May-2020 18:19
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Some news out | ||||
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Laurenpanna
Veteran |
29-May-2020 18:08
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heard from someone who mentioned over Biolidics thread that it is 150 per kit
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mirage1
Member |
29-May-2020 14:48
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Hi
Do you all know how much is a test kit? Just curios. I would guess, up till now, they have sold about 1.5 to 2M kits based on a report in April and May 2020. Assuming 10 - 20% profit, just would like to make some calculation. Thanks |
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lifeisgood
Supreme |
29-May-2020 14:19
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Like Sing Medical, also not moving
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lifeisgood
Supreme |
29-May-2020 13:55
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so go back to basics, original biz
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Varifas
Member |
29-May-2020 13:51
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Opening up Better. Their main biz is Clinical n Dentalcal
. Testkitcal is their Side income.
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lifeisgood
Supreme |
29-May-2020 13:33
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Most economies CB are opening up. So perhaps covid plays are over soon. Take profits if have. | ||||
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polarinda
Master |
29-May-2020 11:52
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165 lots done at 199 one mouth | ||||
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Zerocool888
Master |
29-May-2020 10:09
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Lol.......wonder why Biolidics is still restricted. Not very active anymore.....
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genting^2
Master |
29-May-2020 09:44
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POEMS removed the restriction to buy sell online for Clearbridge.
The following counter(s) have been placed under Trading Restrictions:
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Zerocool888
Master |
29-May-2020 09:23
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Won' t go up today. Market is mostly down.....if can maintain, already very good liao.  | ||||
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Nick90
Member |
29-May-2020 09:09
Yells: "Always all-in." |
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We are not big players..... go to pm those bb
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wolverine23
Supreme |
29-May-2020 08:51
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Shall we push this to 28?
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