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Daprophet, I’m here:), been invested since last April, armed and ready sir.
Yes without the rns will be usual up 17% first thing then hover around 9-10 then 4% in the afternoon before ending red...
Or people could go mad for testing at last and finally we’re off!
Usually drops on good news....
Hoping for break in tradition!
Time for some financial proposals in these RNS's
no more cryptic twitter stuff from odx...
We need a good 20% rise to kick start the momentum "the year of the LFT" is arriving and you better get lock and loaded.
twatcher - sentiment goes a lot further than you think. Sentiment has taken the market capital where it is and will take it further in my opinion. ultimately the contracts/numbers need to be there and one has been agreed with the government to supply whatever tests they need. there is no disputing that the lateral tests are the new weapon in the armoury and the government is pushing them - so this derisks odx. it is quite possible the money to be made will be made before the figures are announced - like in many shares. therefore waiting for the figures will probably be too late in my opinion.
Twatcher. ...
Thanks for all your info now go away and deramp somewhere else , you obviously have no faith on odx which is fine .
Leave the people that are happy investors including myself to enjoy our moment. Thankyou.
Regards lj
sentiment only goes so far, 10 months ago, when covid was much more unknown, including its outcome and the development of vaccine, sentiment swung coivd related shares a lot. Although these days vaccine 'news' does affect the covid stocks some, it is now a decreasing effect.
Its now facts that will swing covid SP, and for a manufacturing company, it is orders, and good news relating to products that they manufacture. In addition to validation of strategy and the ability to keep to timelines.
Thus far ODX has a poor record in all the above. some of the Covid related products they decided to invest in have died a death. In hindsight in a world that either wants qualative or quantitive tests, in the visitect antibody test, they picked an LFT that gives indications of 3 antibodies, a middle of the road test that it appears no one wants. They went with the RTC consortium which was a brilliant decision, but has turned out poorly at this time.
In terms of timelines, the mologic TT is badly delayed for reasons unknown, they hung their hat on MHRA for the RTC test, and that has just vanished.
So when a company has a history of decisions not working out, when you have a decision to rapidly ramp up capacity, less and less believe in the story (the story haven't not worked out thus far), and now need actual firm and significant orders.
twatcher - a pure manufacturing company lives or dies on orders - I agree. however the stock market is a different beast. Anyone who watches the market often sees that sentiment moves a share in one direction or the other much more than any "facts". sentiment is very much with the share and tom w article will have only put the fuel on the fire.
i am expecting a big surge tomorrow with speculation. However the MMs have been a bit of this transformational news and therefore will quite possibly try to put the brakes on so they dont get overexposed. I would not be surprised to see a spike on opening - where few can sell but buys are ok - followed by a drop to enable them to collect shares. ultimately it will depend on buying pressure and how many are willing to sell at a low SP - risky as it may not be possible to get back in in time should the contract figure come out this week..so after initial games there could/should be a significant rise.
gonna be interesting. GLA
Potentially up to 99p but hopefully breaking the 1.02 from a week or so ago.
Well need a good RNS the smash it through then hopefully a good rise to £1.30 ending the week around £2.20.
It matters not what Deeks or any other expert reckons, the govt are going big time with lft.Get over it! Twatcher, any ideas who might have a good hand in manufacturing these tests, or are have you got your head stuck so far up your own ahole you don't know what day it is?
Aberdeenman totally agree pi’s sitting on the side lines and traders with Friday bid stats news £££££ will hold and take positions for the coming weeks imo.
I think if we had an RNS stating an II had invested and was holding 4 or maybe 6 percent of the company, I think this could be major in moving the SP past the £1.00 mark and it would also give reassurance to those already invested to top up and those on the fence to buy in.
This SP moves significantly when ODX announces to the market an lft order of significance. Such an order will validate the increasing capacity strategy that ODX decided on several months ago.
A pure manufacturing company lives and dies on orders.
If you can get stock at all. All the shorters will be saying some rude words as they try
£1.05 open them quickly to £1.80
IMO it depends on notification of TT now. I have a hunch it will be later in March, I would love after the tax year ends so I can put funds into the next ISA...either way, I am invested so can only win imo.
Good luck for tomorrow everyone, we do deserve a jump up for our patience!!!
You can spot the I want in cheap brigade a mile off.
Gpback your right when tw squirms expect some good movement north.
I’m not sure how far north this will go Monday , but with the bid stats out, we will Be pretty much ready by then if not before to take good advantage of them.
Imo under £1 is an absolute steel for what is coming and Odx have spelled it out with recent tweets with employee numbers/growth.
Ps ignore the naysayers gla
I think a lot of traders now realise that this really is the time that ODX can begin a sustained rise despite the false dawns.
Selling in the 90’ hoping it will drop back to the low 80’s in a week or two could be a very very expensive mistake.
This 8bn will affect more that ODX so will pull a lot of Pi”s into/back into covid stocks.
So a decent rise is in order.
Most certainly we will go above 100p, to stay there depends how much the traders are prepared to lose in the next couple of weeks.
Aberdeenman
Break £1 at least!
Increasing demand for the shares, whilst the rest of us hold tight... or top up even more!
An £8bn order can’t be serviced without a guarantee of ODX getting at least some part of it. Friday evening’s tender issue just adds to the imminent news/RNS’s pending and will surely increase this tomorrow.
an RNS with contract size and value , then this starts to move, without that it moves between 89 AND 92 , as has been evident in the past few days, end of !!
WHEN the large contract is announced it will rise massively, lets see what 07:00 tomorrow brings !!
Almost 12 months being here.. So seen this question almost every week..Slow climb be good end in high 90s be brilliant.Do I think it go above a pound tomorrow ....I be surprised but it will go much higher soon
Hahahaha.
So Tom W thinks there’s going to be carnage too and you don’t. Lol.
Derampers that should read not dream pets. I’m done with the dream pets.
Why should it be different? The bidstats tender news is great but until the market see’s ODX next to a monetary figure then this will trade sideways around high 80’s, low 90’s.
I hold here and have done since early last year...in that time I’ve realised that ODX being a manufacturer will need something concrete in order to rerate further. It’s all positive and ODX will sell everything they make however stating this will smash through £1 tomorrow is simply allowing the dream pets a route in when it doesn’t materialise...this in turns turns the board sour and frustrates us all. Common sense aye, it’s coming.
Carnage as everyone is trying to buy sub £2.
I'd be expecting a push into the £1 region RNS or not.