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Ouch IF that is true.
I always said that I thought they would lose and have to pay some if not all back.
Interesting post from Fakey this evening on twitter..
https://twitter.com/ODX_Caley2/status/1700940493998190866
Ham...
Not sure what difference you are expecting in 2 weeks? Can't see any real news on the horizon for odx ?
I suspect..it will be the no news drift down
You lot are locked in your very own private bubble.
Will check in again same time in 2 weeks for a laugh :)
Hark who's talking, you know that I haven't posted any lies. Unlike others who live on here.
Still holding, truthful content within the post.
Boom..dont waste your time...just ignore the lies and rubbish
I don't live in a flat I've told you before. I've just got new curtains, so not smelly either.
Sailorman likes to stick to what suits him within his agenda. He invents things up, and changes what he posts as I pointed out earlier. It's that word again 'if' it always shows you up.
Sailorman best if you stick to your previous losses here. Let others here realise what company is actually saying as opposed to you continually putting your bitter posts here. Go back to Novacyt with there enormous sales.
So higher production yields means generally higher profitability.
Last RNS dated 6th Sept ' now generating significantly higher production yields'
Also from same RNS 'will continue to make further imorovements'
This was after announcing that there would £3.8m left at end of year. So one would presume more cash at end of year after continuing to make further improvements on top of generating significant higher production yields.
"Until then you can assume they are still losing money as per late accounts released"
They have already informed us that this year will be another loss making year and that cash will be down to at least £3.8m.
They have given no indication otherwise in the latest update..si this stands.
Of course those burying their head in the sands are going to wait for " confident" " look forward to".."positive" etc et
Which is just aim lifestyle company talk for jam tomorrow.
It is sales that count..and there was nothing new from the last update.
Chairman also said,'look forward to updating our shareholders in November at the Company's half year results'
So untill those results are posted.
No I've already posted what Chairman had said. So this figures are now inaccurate.
Until then you can assume they are still losing money as per late accounts released
I'm waiting for mediation result and increase in sales to be announced.
Keep changing story
blah blah blah RNS blah blah previous RNS blah
be better off concentrating on selling flat
No I've already posted that I wasn't happy with the wage increases and bonus being paid. So why ask again?
So from your drivel we can assume your happy with how company is being run
I will write to the "Chairman" and refer to your comments that he deserves another increase as his wages are too low for what he does
You would be better off in Novacyt than ODX
To Sailorman and your motley group, what were Novacyt sales results last year?
Or maybe even Abingdon,what were their sales results last year?
'if they lose dispute they've got one year'
See the neghead sailorman doesn't know, the other day he was saying they would lose and have yo pay back money. Now he says if they lose.
Some posters here jyst like to post differing outcomes so they can say' I told you so'
Best to listen and take notice of company announcements about company. Regarding mediation dispute I am sure that those who have taken legal advice, would know alot more about the likely outcome than a group of desperate Dan's grouping together to post against any shareholders and to continually post against company and directors.
Uncensored, shows your integrity thought I was filtered. Another one rumbled,he posts like the vulgar one, he is very misleading like the vulgar one, maybe he and the vulgar one are one of a kind.
Chairman said in last RNS
'We have embedded new working practises that are now generating significantly higher production yields that will allow us to successfully address the order backlog. We have established new preventative procedures and will continue to make further improvememts'
So the £3.8m cash balance forecast was before this improvement?
Therefore a return to pre covid sales of about £2m above last year's £7.5m and maybe even greater.
Boom...everything depends on dispute. Odd may say they are confident..they have to as no point letting the other side know otherwise. Plus odd have been confident of a lot of things eh selling a test in a pandemic or snake oil in USA.
The truth is if they were confident then they would not have tried to sneak a consolidation through to allow future placings. One has to learn to read between the lines.
If they lose dispute they got one year..but I suspect consolidation will then happen . They don't want to give up the gravy train..
However going to impossible for lth to recover. Their losses
Be good to hear if anyone thinks this share will last another year?