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my gawd, such amateurish ineptitude, in trying to gloss over the horrible tweet last night, they can't even get the most basic information of the gov contract correct in a tweet. One has to start worrying if this (lack of) attention to detail to the twitter account is representative of the company in general.
I can undestand why everyone is upset at the poor quality tweets. Today's was more alarming as it was incredibly lazy, deliberately misleading or simply written by someone who had no understanding of the science or the product. I presume the tweet on Friday night was an ill-judged attempt at humour. The share price may fall on Monday in response, but that's really only a concern if you were planning to sell on Monday for a profit, in which case you should have done so on Friday. However, short term shenanigans like this aside, what is going to determine the share price is producing and selling tests. Once news lands about that - either way - then a few ill considered tweets will be irrelevant. So, IMHO this will prove to be a storm in a tea cup.
Either way…whether they put the tweet out or waited till Monday to release an RNS someone would of been complaining…I would of been annoyed at the later…but hey ho nothings changed and soon the government will announce the sovereign test and we will be making some serious cash! :)
All they had to say was , “The company notes recent social media content and would like to clarify that nothing has changed with the DHSC contract”, to say what the did about they are worried investors are going to spend money the dont/wont have is verging on SP manipulation.
I would actually like some qualification as to whether it was Walbrook or Omega that had tweeted it
Tbh I don’t know what all this fuss is about…the company WAS NOT OBLIGATED to say anything until Monday morning at the earliest through an RNS due to time constraints on Friday…yes, they made a tweet with a little humour, what company doesn’t these days, at least they didn’t leave us pondering the whole weekend…
Social media is a tool which they are learning to use…of course there’s a few bumps but they are trying…don’t try discredit them just because it’s not something your used to…GLA and hopefully by the of next week we’ll be back to saying choo choo again :)
Since we are all a wee peeved I would like to get this monkey off my back
As much as I like Big Jock and the job he is trying to do for shareholders the company should be communicating direct to all shareholders rather respond to the odd one, alongside the company tweeting #incolinwetrust / ramping up the stock on Twitter just before Directors dump their share options, set patterns in play.
It’s not a good look for us PI investors, the tweet last night advising don’t order a Tesla was the top hat
Er, that would be the shorts on here posting as disappointed long term holders and the gullible fools who swallow with open mouths the fake outrage they are posting today. The rest of don't give a flying fck about yesterday's tweet and are generally massively appreciative of management, hence our investment.
Now stop fretting and get back to your knitting ;)
Look fundamentals are going to change very very soon, You don't buy equipment, expand premises, double staff numbers and tweet all this without a plan that is unfolding. There's a strong board of directors here, not just Colin calling the shots and if anything, I see them as trying to be honest with the failed tweets, which is a very good thing in AIM world!
Sure it annoys ppl, cause we all (most) want a rise from the tweet fest. When its done wrong we all get hurt and opens the gates for 'should have done it this way' brigade. He sure ain't no Elon in that regard.
So when the orders come in from whoever in this massive demand orientated period we are in, no one can argue that the fundamentals will change and rerate this share. Alot are here over a year, why would you change your commitment now, just before the prize is delivered?
Wolf: Turn this off. Don't look at this board for two weeks, and then see what the SP is. Not worth getting ill about it and the comments by the manipulators on this board. CS is no fool. That's why he's the CEO. He's need to play a game for the long term benefit of ODX. All you need to do is sit back, and trust that ODX know exactly what they are doing.....and why! We at the minute don't, but IMHO all will become clear.....very shortly!
Final thought. One the premise that we have been manufacturing one, or more than one of these tests for months, we ordinarily should have been told about related contracts etc,. But we haven't. He's not employed 250 folks, relying on the gov contract. He must have orders, binding orders, for specific tests. How many has ODX manufactured? Maybe 20M or approacting that by this time. (Complete guess!) Gov comes along as says okay, we chose this test. Only then does ODX start producting for the gov. Meantime we have amasted millions of tests ready for the commercial market. Okay. Some want to string Colin up. But in my opinion, he's playing a blinder. He wants to keep what ODX is doing quiet for now, low profile. Once the gov order comes in, he's free to disclose the other orders. He needs to keep ODX low profile, and in my opinion, that's why he's slapping us down for now. Read the runes folks.........and have patience. IMHO DYOR
Eg: if the UK airline industry used ODX for outgoing passengers only (using 2020 stats)......that order would absorb ODX's capacity to produce. Never mind incoming passengers. And when the floodgates open, 2020 stats will be blown out the water! We don't want the UK Gov contract peeps......or at best, we want to avoid it as much as we can. IMHO. DYOR. More machines please!
That is possible but I still hate this ******* share either the mms are.rippkngnus off and putting brakes on a rise and killing sentimentnor the company are so I am willing to bet money their shorting their own stock until big news arrives when they know they can't any longer but I just can't ever see this share going anywhere now even if they said they had orders of 10 billion its just to volatile I will end up dead of an heart attack. I'm actually depressed because of this share yes a risenoh jo the traders have took 20% andeftnus with 1% actually fcukjng hate this share
Has anyone considered the possibility that ODX don't want the gov contract? The margins are likely to be less than achievable commercially. So if the gov contract comes in at 500K tests per week, we've then got 1.5m capax for the commercial market. ODX have been manafacturing and stock piling for months. I think that is clear from the staff numbers employed and the video. The big news, will not be the gov contract, it will be commercial sale numbers, which I think ODX will not be able to cope with......need a bigger boat!