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Tepnel buys Orchid Biosciences

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grahambr - Tue, 30 Dec 03 :

clocktower
Look at MIDAS's posts for techy info and of course the tepnel web site www.tepnel.co.uk . Recent info is that there were two share issues one at 16p and then another out of the blue at 11.5p. However it must be realised that Directors bought big time on the 11.5p so read into this what you want. Also Tepnel are are on the front line with allergy detection kits (eg peanut allergy) and DNA processing. They are working on a new machine T3000 which is what the first share issue was for. Also they have bought an American distribution company placed strategicly both Geographicly an Intellectually Orchid Diagnostics which was the reason for the second placing.
Those of us supporting the company believe we are due for very good growth from here on.
Sorry if not entirely accurate but thats the jist of it.


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