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Can anyone trust odx with their cash of they can't be honest about the banks overdraft facility. In my view no news and it's been withdrawn and suspect finance guy will be desperately cold calling anyone who will listen to see if they can provide a new one. It's looking pretty bad at odx on both the business and honesty fronts.....again.
There is a distinct possibility that odx will lose their overdraft.
Personally I doubt they will inform the market either way .
If it is renewed then we will hear about it in an operational update is my suspicion.
If it is removed then it will prob not be mentioned as it would not send a good message out.
I am not convinced they have to notify by rns..although it is quite important in the big scheme of things ..I suspect they can get away with not disclosing
Exactly a RNS can be released later at any time.
Today's clock is still ticking caley.....
Agree pink, it'll be static for a good while until stability returns. It would however help if the directors released news on time, it was one of Simon's stated aims at the presentation. Anyhow disappointed they can't just be open about the banks overdraft which they brought up as being in negotiations.
If you thought there be a RNS today you very well mistaken.. Not sure how much if a loss your on but a bit of advice. Stop looking at sp everyday this is not moving for a while..Take some time out ....
Ok Freddie I'll stop showing mine if odx start showing theirs, seems fair. Do you think they'll change after not releasing price sensitive news today ?
Caley ...people would take you far more seriously if you stopped showing your cards....just keep to facts...that's a good guy/gal
Well union he must know the consequences of surpressing price sensitive information which if there's news on the overdraft facility must be released to the market. If it has indeed been taken away that will negatively affect the price and put the company firmly on the rocks. It's not a small point and this company with its track record over the last 18 months should be fully aware of that ! Investors looking to come in here should have the full facts not just ones that suit odx to give out !!!
Caley not sure how old you are but did you really think this will fly up next few months ? If so you are millions miles away. maybe next 12 months we might get to 6 to 8 .. So give it a rest like I say email jag and find out what you looking for..He does answer reply like I said loads of times . I keep bring my average so I can try get some of my money back..
C'mon Freddie, if they had been given an extension to the overdraft do you not think they would tell us, of course they would as it's a strong vote in themselves and the company. I'm clear in my view that this silence is an indication the bank have cancelled the overdraft which clearly indicates either cd4 cannot be sold or the loss making cannot be turned around. I said previously this was a test of where odx are and it looks to me like bad news. Now if odx try to suppress this price sensitive news they should be removed from aim as rules are quite clear.
Agive it a rest Caley
My view, the clown show have lost their overdraft facility and now think just hiding like they've been doing for months will make it go away. Its price sensitive news and must be released under the rules. If odx withhold this they should be expelled from aim.