Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Traders talking of a placing yet once more they are desperate, we have been there and done that over and over again try something new. The SP is just going up and down as they do and more so with a popular share. It's popular for a reason.
JAdam getting proper whack now comparing ODX to an airline multinational in a pandemic. Sigh. I am going to put a buy limit order on today.
@Gell, unfortunately thats all to do with news flow and facts to back it up. ODX always leave things open to interpretation. take a look at the graphs over the last year it looks like a mountain range, Everyone looks at the news from ODX and says exactly the same as you , why are we not at £xxx, trouble is the share moves up and without concrete figures people get nervous that their interpretation of the news is wrong and sell to secure their position, so we go round and round again until we get some figures not open to interpretation.
Finances definitely do not support any notion that a placing is required
Cheers for replies.
@JohnHenry : The company hasn't needed to commit the cash they raised last year for expansion purposes yet, its still sat in the bank and ready to use if needed, they wont need another placing anytime soon, with the DHSC contract we expect that to be transformational with regards cash flow, so "anytime soon" should be never.
What is it with Odx the market just do not support Odx I just do not understand why we are not at £1.59
John, you need to do a bit more research... there is no placing planned.
Confirmed 3rd Feb.
https://twitter.com/WalbrookPR/status/1357055854391005187
Thats simply my interpretation Reg. Raising more cash would signify further expansion which would be positive LT
JH - dont talk carp. Someone has been loading up & MM's been pushing it lower now general markets
No placing required here John. Move on mate lol
Yeah... sure it does... :rollseyes:
Unfortunately points strongly towards a placing