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DugWalker.
I am somewhat surprised by your naivety regarding brokers.
We all know that the main aim is to get us to buy their clients shares and if they have to turn a blind eye every now and then so be it.
After all you cannot upset your paymaster.
I am not singling out any particular broker but from my experience they are all the same.
GLA LTHs.
Hi Dug
I`m with you all the way. The nomads are here to police the rns, they have lawyers that over see the RNS to make sure its all above board.
This clearly as you say is not happening. The nomads are here to safeguard ourselves, This clearly is not happening and they must take responsibilty for that.
Burrows made it quite clear he wanted to fundraise without diluting shareholder value. Burrows new full well he couldnt do anything other than what hes done.
The fundraise will only keep the lights on until xmas and they will need another fund raise because sales will not match their ambitions.
Their own ego is the problem here, they can only sell the tests to private companies simply because the test is NOT VALIDATED. that is the biggest problem they have.
why are Oxford not in the NHS up coming programme ????
Why cant Oxford sell the tests to the NHS ?????
They are still building infrastructure in the USA and UK. But what are the timescales and costs ????
Oxford can`t sell tests anywhere else in the world because the`ve got no infastructure !!!!!!
The company is being run by amatures with inflated egos so as to sustain their huge salaries.
Burrows has surrounded himself in puppets that wont stand up to him. the apple cart is rotten
...and of course a Nomad will happily jeopardise an entire business segment, not to mention it's reputation as a trustworthy broker, by partnering a minor client in a spot of criminality. I take it you know their primary responsibility as a Nomad is to ensure compliance with Stock Exchange regulations?
DugWalker.
And who pays Shore Capital?
@MrHope.
I think you are overestimating the guile of this BoD.
These are the guys that told us sales were growing exponentially only to publish sales figures showing a decline a few months later. How did that play out for the share price?
They raised now to avoid taking a credit facility whilst interest rates remain high. The investors participated to avoid the value of their existing investments plummeting. The only thing that restores confidence here is a substantial increase in sales and the BoD has told us that won't happen until they get these tests incorporated into medical guidance notes. That is what the 2 latest V.P.'s have been charged with.
Please sign and share on all social media
https://petition.parliament.uk/petitions/657294
MrHope - I can see how you have come to your conclusion. In addition it will be interesting to see how much the bods participated in this latest fund raise. Heavy involvement would certainly steady the ship and should give us all encouragement that they truly believe in the potential of our product.
If that's the case MrHope, we can add duplicitous to the list as well.
About the action of new investors that I mentioned in another post. Let me say this. I believe (my opinion) that the reason for optimism and a positive reaction was the timing of the money raise. This was the key. If we assume that this may not be the last raise…as we have a burn rate equal to the money raise, then the job of the BOD is to keep the money flowing as best you can. To schedule the money raise before the AGM was all that smart investors needed to see. Positive results at the AGM and everyone is happy and the investors may come back if asked in the future. Negative results just a week or so after a money raise…and it could be disaster for the future. Smart investors would think this through…and conclude (without any more than this), that the BOD has selected this date for that reason…to keep the investors happy and path to future fundraising open. So, putting 2+2 together…..the numbers should be up-without being told. I guess we will see shortly. This is my reading the tea leaves and, I thought how the investors saw the situation as well.
Dug, for sure, insider trading is a thing that goes on, and in my opinion, it's rife on AIM, the big trick though is proving it! All private investors have got to go on is suspicion flagged up by coincidence, how many times do you see an increase in volume and share price just before good news is announced! The situation here though, Diggle sold shares before the poor trading update was announced, so was that just a lucky coincidence, or was someone in the know, investors will need to make their own mind up on that play, as for proof, no one on the outside will have any.
Incompetence ineptitude, cronyism and part-time roles for king size wages are bad enough, but now we have folks purporting that the board are providing confidential insider information to the largest shareholder. Come on folks, really???
There's more than enough to criticise this lot for but it lacks credibility to suggest criminality without proof. Anyone that genuinely believes it is happening should report their reasoning and evidence to the NOMAD (Shore Capital).
Manofnomeans.
While I totally agree with you regarding insider trading I don’t believe for one moment that Charles Diggle doesn’t know what is going on.
GLA LTHs.
Taverham.
I wouldn’t get out of my bed in the morning for that salary lol.
Manofnomeans.
The add only appeared on LinkedIn 2 days ago.As you said maybe they are re advertising(or looking a second person)
I think Taverham’s comment was tongue in the cheek.
GLA LTHs
@ Mr Hope.
I do believe there are laws prohibiting the kind of insider trading you are suggesting is taking place here.
I'm no fan of the current BoD but even I wouldn't expect them to be that stupid. If they are divulging such information it only harms retail investmors and if I thought it was taking place I'd sell my remaining holding.
@ Aga.
They have been advertising that role intermittently over the last 4 or 5 months. They are committed to funding and opening a UK laboratory to process a coupleof tests per week. It's a total vanity project that flies in the face of their stated intent to focus on the US market. Who knows maybe they filled the post a few months ago and the incumbent just got bored and left.
Aga, we need someone from this BB to get the job and update us all with wtf is really going on!
So, lets think about this a bit. You are putting 10 million into the company at historically low entry price. And, you are putting the funds in BEFORE the AGM where recent results will be made public. Seems to me that these investors know that the numbers are going to be good and their shares will quickly see a nice pop in value. If you did NOT know the numbers or they would not be so good, you'd invest AFTER the AGM when the shares would be even lower (if you would invest at all). Unless I'm reading the tea leaves wrong, my bet is that we are going to be reading positive news in a few weeks.
They must be expecting a lot of sales as yesterday they advertised for a Clinical Customer Service Representative based in Oxford.
That’s another £50k minimum to add to the payroll.
GLA LTHs
If they miss out on Transform and have to do large scale randomised control trials for CIRT and PSE they will need a large placing to finance those. The trials will take at least a year to complete and they will need further placings to cover opex during that time.
How interesting I’m being bombarded by cancer uk adverts suddenly . Another Big push to make prostate checks more thought about. If the test works then there is no reason for obd to make a success of it. All in the timing . Ignore the chatter atb
There is a strong liklihood that participants in the Transform project will be known by end April. I'm not optimistic that OBD will be one of them.
Not up, that's your wishful thinking. Any inorganic pump would be temporary. Couldn't have been much clearer concluding direction this goes, which you'll know now you've read twice the last sentence of my post you keep going on about.
I will add that I’m afraid I am beyond analysis or even I would go as far as to say opinion on any company on aim. If you truly believe you are ‘analysing ‘ what is going to happen to an aim company for the next year you are utterly deluded. Far more likely you are a manipulative trader . Never BET what you can’t afford to lose there you go that’s real advice for this wonderful bulletin board you have so kindly contributed to. Ha ha ha
You know what I’ve re read it and you are right it will indeed go down or perhaps after that up again . Thanks
If that sarcastic reply was directed at me I'd suggest you re-read my post and try to understand it this time. I appreciate you must be hurting if you held this all the way down, but you'd be better placed lashing out at the company rather than any particular poster here.
It's a bit laughable for you to try and play critic when I don't see you providing any analysis whatsoever, or in fact ever posting anything of any worth at all.
Gosh so what you’re saying it might go down, or , let me get this straight it might go up? One day I will have such command over the markets , it will require years of study I’m sure . Thanks for the input