Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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twatcher - save your breath mate. you will only be subject to being pursued all over the board and every post you make.
it is clear which posters come on here to discuss the share and those who have nothing to say about a company they are supposedly invested in but just want to come on here to moan about other posters. they would probably be better suited to twitter.
they see a huge loss in their portfolio and yet their focus is the posters who highlighted the issues in advance - crazy -- and really no point trying to argue logically with this sort.
remember if you wrestle with a pig in a sewer all that happens is that you get muddy and the pig enjoys it
Twatcher- I beg your pardon ,Captain Swag has been moaning constantly since early last year check his posts ,why moan when contracts were still there to be played for.
"Q14: Do you see Dam’s orders increasing is size after the initial £750k and do you have a model for that increase for professional use and self test:"
What they didn't see was DAM not being able to use a single ODX test in the UK since the day the agreement was signed. Surely even the most irrational person can see that they aren't going to order more in a scenario where they have been unable to use them in the UK, where 95%+ of their outlets are.
"Captain- Instead you have been of this board for the past how many months constantly moaning no matter what"
Good old calderkate, always the happy unbeat chirpy person on the board. Can you list all the things the Captain should have been welcoming over the last how many months. And I refer you to what has happened to the share price.
"since if we were questioning the government, and writing to MPs to galvanise them to take up the cause- then this might backfire with ODX's prospects of getting regulatory approval. "
umm back in june - I would have said yes....but how long have we waited and that was throughout the time of having a gov contract and presumably colin doffing his cap- when he did bother to contact them on the pay as you go
tbh i always hoped that the gov would speed up our approvals so we could start making tests for them - kind of you scratch my back etc....well clearly they had another agenda. keep us in reserve if they needed us and palm us off as soon as they dont.
tbh the contract was ridiculously short - remember october was an extension. was it end of april that it initially expired?
colin signs a contract with no minimum fee and a couple of months until expiry. a lawyer should have taken his crayons away
Sorry to hear of your tribulations but it’s only money. At least you’re still in there fighting to make your money back. Think carefully about the decisions you made, why you made them and hopefully there’ll be something to learn that helps with future investing.
It has been almost 2 weeks since I sold out entirely, and crystallised a life changing loss. I was hoping to enjoy retirement but am now seeking employment again to try to plug the money gap.
Perhaps it is a feature of AIM which plainly enables a lot of risk taking by companies with other people's money.
I have to say I dreaded this BB due to the nasty negativity and the water-boarding nature of drip drip messaging from TWatcher in particular. So thanks to you, and I will try to repay your extreme kindness at some point in the future, no doubt like other stricken LTH' s on this BB. You should try to do something more generous with your time which is as precious as mine, and indeed everyone else grasping at straws on this BB.
I do feel better and calmer although massively poorer.
So the lessons- the management of ODX- if you can actually call it that- must know nothing of contracts if they plainly allowed themselves to agree to a worthless piece of paper with this corrupt Tory government.
They must have known months ago that nothing was going to happen and yet sat on this information thus misleading the poor shareholders. One supposes that if there had been an institutional shareholder then they would have exposed this fundamental deficiency in the contract.
I am ashamed of this government for how it has treated small companies like ODX and it would be gratifying to see a few heads roll if there is an independent root and branch enquiry carried out. I won't hold my breath however. Just look at the way the PM thinks he can behave- rule obeying is for losers not arrogant public school Tory entrepreneur swash-bucking buccaneering types. Deregulation of government has followed deregulation of the economy.
Wallbrook replied to a message I sent over Xmas - days late- and the main guy basically said keep it in your pants and don't rock boats at this stage since if we were questioning the government, and writing to MPs to galvanise them to take up the cause- then this might backfire with ODX's prospects of getting regulatory approval. He didn't seem to have a clue and obviously doesn't read this BB.
But there is no transparency at all on the regulatory front and we just do not know anything at all. A terrible limbo situation.
So good luck all LTHs- I will try to recoup my losses elsewhere.
Captain- Instead you have been of this board for the past how many months constantly moaning no matter what,and here you are still doing the same .Dreamland you are in or must be, along with your accomplice /sidekick (Thinkin )what a pair you are
Again as I have said in the past : The silence ODX show to all the concerns of governance , speaks volumes! Guilty as charged .
Jag is complicit in the **** show of where the company is today. He's been there 10 years plus ???? the company has survived off placings during that time so he's not going to doing anything differently or have any fresh ideas. it's lifestyle company incapable of growth. Main aim to keep everyone employed.
Yes, asked on the 20th and go a reply today.
Basically not anytime soon, needs some time at the helm....
Let's face it we're done here. Might spike to upper teens on approvals but that doesn't guarantee revenue in an already crowded market. Pandemic is becoming closer to an endemic by the day. Every chance we'll see single figures. Not sure whether to crystallise a huge loss at all time low or take the risk of it disintegrating into practically nothing with another placing. 16p would give me a nice round number to exit at but i can't see me getting it.
To be honest i did genuinely think that they would get the approvals we've been waiting for feels but that feels unlikely now.
Greed and FOMO is a poor investment strategy. Embarrassing !
Mippet - so coming on here bichin about other posters means you somehow have more of a life than me...lol
I would not waste my life coming on a BB if it were only to moan about other posters.
Stop letting me live rent free in your head..filter or skim past. Simples
Anybody asked Walbrook when we will hear from Jag and got a response ?
This Jag appointment (in footballing terms) is the same as a manager leaving/being fired after a dismal run of games... loss after loss and the team sits bottom of the league. Fans crying out for a change but what do they get... the assistant manager gets appointed as the 'new' manager. And change is expected???
Since his 'crowning' Jag as remained mute... very similar to his predecessor Con man Colin King. The whole thing is a complete sht show of the highest order. 300% rise needed just to get to 50p!!! Let that sink in to all those who think all is well (Reggie the RegUK)
(Please send me my deramper cheques... ODX losses to make up)
Agree very painful and like many I'm on a big paper loss. But till get green light I think we be down here .. We get a spike and few we sell and get back what they can.. Like many I should have sold when I had a gut feeling something not right.. We learn by our mistakes I still think US got a play a part some kind of recovery and see what Dubai brings .. I wish you all good luck as we need it
Painful. Very painful.
M/pink
Think I am a balanced poster, had time to digest the sudden departure of Colin and appointment of Jag as the new CEO
Was he the best man for the job ? Did they employ a recruitment specialist and run a process ?
I doubt it.
Coupled with Jag having been the commercial director throughout the 2 years of Covid, exactly what did he achieve for Omega ? Last we heard £1.2M of sales and £650k of that is in dispute with the DHSC - put aside his timely share sales
Re Omega as an diagnostic engineering business
I don’t think any of us shareholders doubt their ability to produce LFT’s, it appears it was GAD that failed the Userability element with the Mologoc biotech, not Omega
CaptainSwag the only thing you did is Colin this Colin that.. I dont spend all my life on here mate ..
"Already on a witch hunt it's only been a week"
Make no mistake Jag has a lot to answer for, as Commercial director he was responsible for basically NOT commercialising the covid-19 opportunity, it was only recently he jump ship from that weight around his neck to the Food Tech side of the company, and landed the sh itshow on Jon Bannisters lap.
The guys reputation with the shareholders is rock bottom even before he was made CEO, and has made no effort to even attempt to address that situation.
Yes,which is what was put in previous RNSs
Siles i agree. That's exactly why I topped this morning at 11.25p, looked at fy2020, rev was 9m, hy21 already 5.5m, so full year over 11m, so for like for like if sp was 16p in Jan 2020, then I'm expecting 19p min now.
Captain- Being consistent with his views,what a saviour to all a true genuine person.
Mip...at least they talk about the share. Information and speculation etc .which you may or may not agree with.
You add nothing to this BB. *****in about other posters is all you do.
Thinkin/ Okehurst .. Words fail me . Already on a witch hunt it's only been a week. What a bunch of clowns you pair are
Q14: Do you see Dam’s orders increasing is size after the initial £750k and do you have a model for that increase for professional use and self test:
The initial order was just that, an initial order, and given the volume of testing that is done in their clinics by the estimation we would expect further follow-on orders. As to the scale and frequency of these orders we have no guidance to provide – it will be driven by demand, but there is a minimum monthly order quantity (undisclosed) within the contract. In our announcement of 1 November, we stated that DAM Health is currently using approximately 200,000 in-clinic COVID tests per month.
"there is a minimum monthly order quantity (undisclosed) within the contract. "
other than selling some (undisclosed amount of antigen), we are doing well on non-covid front:
Financial Highlights:
· Revenue increased by 81% to £5.73m (H1 '20: £3.16m)
§ Health and Nutrition sales up 62% to £4.17m (H1 '20: £2.58m)
§ Global Health revenue up 170% to £1.56m (H1 '20: £0.58m)
...
Price was 15-16p in 2020 Jan....
We gotta be in better position now... topped up at this level to avg down
Looks that way