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An RNS is not required to contain figures to be price sensitive.
The recent gov contact for capacity was announced via a full RNS, even though no figures of the contract were contained in it.
Ref not a full RNS....Well, that is blooming obvious. There are no contract sizes, price per unit, cost to test etc. The market is just opening up here. There is nothing sensitive about the RNS at all. No meat on the bone. But surely, this will be a pull model rather than push. We will produce to order, avoiding stockpiling (tying up cash and inventory) etc.
I await the orders from Screen4. Now that will be price sensitive info, because it means cashflow and profit.
I cant see any negatives to giving us an RNS for this info, its great the business is cracking on with opportunities.
I see this as the 1st in a long line of wins that will see the sp move north. Those that cant see this are sadly missing the point. Littleport is a gem and can only add to the value of ODX as a business.
All the best holders.
"There seems to be no pleasing some people on here. If this wasn’t price sensitive info they would have of tweeted the **** out of it lol. They’ve RNS it for a flipping reason!!"
You need to remove the wishful thinking hat and replace it with the reality hat. ODX under market regulations can NOT designated an RNS as 'NON' if it contains price sensitive information. If the information contained in an RNS is price sensitive it must be released as a full RNS.
The "NON" for those new to investing, is short for "NON-REGULATORY", it is a designation used to indicate that the news contained in it is informational only and does not contain price sensitive info.
dibs61, filtration complete :-)
strong buy
Dibs desperate troll in the bin :-)
Another bitter deramper who's missed out into the bin you go
‘We have an honest CEO who seems to be doing everything for the business.’
No you have a desperate CEO who seems to be doing everything to pump up the SP in the absence of any MEANINGFUL contracts.
As I’ve stated before there is a LOT already forward priced into the valuation here and, at the moment, that valuation is built on a foundation of sand. Until they actually deliver substantial contracts with values and volume this is a risky play at this level. Price to Sales ratio x 18 and valued as high as NCYT was when they already had big multi million contracts in!
RE: FOMOToday
There seems to be no pleasing some people on here. If this wasn’t price sensitive info they would have of tweeted the **** out of it lol. They’ve RNS it for a flipping reason!!
Even if the price doesn’t move, I’m far more happier knowing about this contract than not.
We have an honest CEO who seems to be doing everything for the business.
It’s a bigger enough teaser , until the real news ... happy days :-)))))
FOMO
“It is an interesting RNS. I will admit to selling my shares here yesterday (needed the money for other things).
This is not the big RNS that all here have been expecting.
Good luck and I’ll be watching from the sidelines.”
Fair play Leaf for being transparent, I agree it’s not what we have been waiting for, however this further cements the fundamentals of ODX, another revenue generating stream but more importantly it’s a 3 year initial contract, this part speaks volumes from
Those in the know.
It is an interesting RNS. I will admit to selling my shares here yesterday (needed the money for other things).
This is not the big RNS that all here have been expecting.
Good luck and I’ll be watching from the sidelines.
Leaf