The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Scaff...I agree that they will not attract new shareholders without some kind of pr. New CEO is the perfect opportunity. It is clear that the crash through the teens has lost of lth. They might come back with a good outlook but not with any indication that things have /are changing.
Guess it is just sit and wait....quite honestly I have changed my mind now and would be quite happy with odx being bought out. I have a dream company in mind
He could be on holiday... probably a big surprise to him too.
Poisoned chalice maybe, pass it quickly like a hot potato?
Thinking about it but just can't bring myself to buy more of this share, You would have thought that the new CEO,would have introduced himself in the form of an updated, telling us his thoughts going forward, Odx just nothing to say ? Why then would one buy.
"The drop in SP has been caused firstly by Omricon "and secondly the uncertainty around the company now that the CEO has stepped down."
i am guessing you mean the gov reaction to omicron? as far as i can see omicron is still spreading like wildfire and the need for testing globally has not changed other than the worrying decision of boris.
As for the rns - it was great news that colin gone and no placing needed.
unfortunately odx radio silence has created another vacuum and uncertainty in the market. the market will punish you every time for that and it has. a change in ceo is usually a big deal. companies use it to promote themselves and the new era. fair enough it may have been very short notice for the new guy - but is he going to be an active go getter with a high profile or another colin hiding and fiddling.
what odx really needed is the former. they already had the latter
The drop in SP has been caused firstly by Omricon, and secondly the uncertainty around the company now that the CEO has stepped down. ODX are still generating an income and are still shipping their products although at a slower pace due to Covid. This will pick back up, but it will be a while yet. Like I said earlier put this to bed and come back in 3-6 months.
Disciple . I am still positive (now that Colin has gone) ..I just wish the new guy had at least introduced himself to the market. I think the drop in SP suggests the market agrees as it is probably wondering if this change is for the good..I am still willing to give him benefit of the doubt. However we really need some good news or communication and update on what the plans are.
@ captainswag
Breaking a tradition here, but I’ve turned positive on odx.
I think at 12.5p, this is a fantastic long term investment, bagger in fact, given what’s in the pipeline.
I must have had 3 shredded wheats this morning haha!!
Dibs - that was the concern of mine with new CEO coming from existing employees. However I am willing to give him a chance. I would have preferred an interim or probationary period . I also would have liked to see him announce himself and give a little spiel about his vision.
I am still glad that Colin departed even if new situation is not perfect. Just s shame it took so long . Colin not only screwed up gov contract but more importantly wasted a year telling us busy busy busy when in fact we were doing nothing other than watch the completion increase and any advantage being lost.
It is a xxxx show. However the portfolio is good and with the right management we could still get somewhere. Now people are used to using lft..one would hope selling any type has become easier
AFAIK has absolutely no experience of running a company, running a business. He’s a salesman, and not it would seem, a very good one. But hey they’ve all got the lifestyle up there haven’t they? Lovely part of the world. Must seem like a world away from all the hurly burly of the business world, the city. Quiet little backwater to hide away!
I don’t think this guy Gruel is up to it either. That’s my latest call. Having got all the others spot on.
Target price 5p. New management are finally brought in to sort the mess out at which point I might buy.