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Wrong bakedbean
If ODX had just lost 75m worth of business and people got wind of it on a leak and sold out, and you were left holding the can...would an excuse to say CK was too busy to write an RNS suffice?
wtf £75 mil is not a big deal?? why do you think the SP recovered from 90p
"This is what i dislike about ODX, its a traders dream, but LTH are often hung out to dry. Nearly every single news item following Ulster has been leaked first. Almost to the point that when its announced, it hold no value as the market has corrected itself or quite frankly its common news."
This is not a leak, because it is a govern contract, it has to be notified by the government. It is very likely that the consortium knew there is a major order pending, but did not know the exact figure (50M,60M,75M,100M). However, I'd agree that an RNS should be sitting ready, just waiting the the correct figure to be put in.
The interconnect between the different parties might make things difficult. It is likely that ODX is under an NDA until the formal announcement by the member of the group that is fulfilling the tender...i.e. ABI. An NDA will prevent and RNS.
Its impossible CK didnt have knowledge of this prior to it being published on the bid website. Why wasn't an RNS prepped ready for the announcement?
"Colin must have been aware of this contract, £75 mil for the RTC is a pretty big deal!"
No it is not ... this is not even the beginning of the beginning ... CK knows exactly what he is doing and he has far more important things to be doing right now
Colin must have been aware of this contract, £75 mil for the RTC is a pretty big deal!
This is what i dislike about ODX, its a traders dream, but LTH are often hung out to dry. Nearly every single news item following Ulster has been leaked first. Almost to the point that when its announced, it hold no value as the market has corrected itself or quite frankly its common news.
Its impossible CK didnt have knowledge of this prior to it being published on the bid website. Why wasn't an RNS prepped ready for the announcement?
This should have been 15-20% today.
JAdam - totally agree - this very much merits an intraday RNS.
We have had a 7% rise based on your excellent research - definitely not speeding ticket territory.
An intraday RNS would just push us on, possibly back to the high of 126p.
I have dropped Walbrook a note asking the question.
Newboy58
I think it needs to be RNS's asap. Not days or a week later when we're in red.
This is massive for us and this is why we're invested here.
80% of ODX investor does not know about this. Only way to get this news to them is to RNS it. Make it official.
Just like i did, they should get a chance to top up.
JADAM - thanks for posting it here. I topped up big time at 91.
Calm down iPhoneiTrade
great bit of research from Jdams, caught everyone unawares, the company now needs to write the RNS, get it past the NOMAD and happy days, next leg up!
Speeding tickets only kill the SP when there is nothing to say!
All of the consortium contracts come via Abi Health.
We can clearly see a later flow antibody contract for £75m.
Colin King has to RNS this. He's quick on speeding tickets. He need to RNS this or we will lose our gains. AGAIN!