In North AmericaCovid is over. Look around. I see very little interest in Covid at this point.
Numbers are at all time lows; news of vaccines with mRNA being good for the long term.
Fewer deaths etc...
Investors are from N. America. If they lose interest, then this stock will not move up.
I feel, unfortunately, THRM missed the boat. I hope they can recover and get this test out there, but it won't be long until FDA terminates their Covid emergency authorization processes, along with Health Canada.
I don't see a 4th or 5th wave coming (depending on where you are). Coming July, it will be a year since THRM announced their testing endeavours. It took only less than a year for a vaccine!
spitting in a tube isn't even evasive.
We also have not had updates on those units being sold to Europe (100K).
Though I liked THRM, I'm getting very disappointed in the time and lack of clarity.
Prove me wrong THRM, but I believe the COVID ship has sailed.
It will be a challenge to even reach those 50-60 warrant rates I think.