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Costs are defined in schedule 1 so I assume from that the 18% margin is on top of 'all' costs.
The 18% margin is for phase 2 but data from phase 1 used to calculate and agree the charge.
Its a strong sell at two pounds inmho. Anyway i understood that all the serious posters and investors had bin greened me.
upomega, bit obsessive posting there, multiple rambling posts @ 2am about selling for 20p, and now more posting @7:30am. You need to be careful, the mob will be charging with being a paid deramper.
Computer909, morning. I don't always agree with you, but this time I think you are bang on the money. Everyone over the last few months screaming for Tweets, and this is what you get, a rollacoaster....They really should employ someone who has a lot of knowledge in PR (PM me Omega) there are ways to skin a cat and the last few weeks is not the way.
Ever who is tweeting does either not understand the effect of SM on the SP or does - if its the latter that would really be a game that should not be played.
"Are you guys suggesting that the 18% is the net profit after all cost and not the gross profit before deduction of costs? That would certainly help. The only other potential upside would be if the £374m was for only a very small element of our production ie the test are for a higher price than we have been speculating, leaving us to sell the rest of our production through our own brand at a much higher margin."
Must profess that tweet was really unprofessional. All it need to say (if it had to be released at all) was that this was not a new contract and we have covered it in an RNS before.
What I consider more newsorthy is the speculation on the margin. There's a groundswell who now think it's an 18% margin. No one knows knows if that's a gross or net margin and speculators are also wilfully neglecting to factor in the cost model at annex 3 of the contract as well as other unknowns.
Given this fevered speculation why aren't omega addressing that?
@Eazy: “You misread bidstats and now your mums money needs to be back with her by Monday”
You don't operate the Omega twitter account do you, looks like a very similar opinion to them!
Robone.
Tweets in my view are all very well,but as a investor i prefer rns announcements.
The company is in danger of frightening off potential investors inmho. Just how i see matters .
I agree with what your saying eazy I consider myself a lth 13 months ! My gripe is with the Odx Twitter machine blatant ramping I.e staff numbers opportunities etc then when the sp takes a moderate turn for the better straight in with a cautionary tale just my honest opinion
What I’m seeing on this chat is absolute madness…cool, anti climax for Monday morning but nothings changed…so why are you lot angry again? Because news isn’t coming out on Monday? You misread bidstats and now your mums money needs to be back with her by Monday but there probably won’t be a spike to benefit off?
Fact is news is still due imminently…and fact is there is something we didn’t know on the non-redacted bidstats tender…IT’S A 2 YEAR CONTRACT…did anyone know this before apart from ODX? NO…
Trolls will now be out in force as they sense nerves and there’ll be loads of crying over the weekend with another Colin witch-hunt..god help us all…GLA LTH’s and PLEASE DYOR..
Shocking tweet borderline market advice where was this when not to far back some poor soul played £100 k at £1 a Colin King speeding ticket at 84p mind your business Odx Twitter your costing good people trying to turn a shilling lots of hard earned money shouting from the roof tops about staff and machinery increases then when the market reacts hiding behind a rock pack it up your rapidly turning this little company into a market laughing stock
Pathetic hysterics are from Twitter gamblers
Absolutely nothing has changed. It's the same position as before. Why can't some grasp that? Every chance of a rns sometime next week for God's sake! Why the pathetic hysterics?
upomega
You need to calm down a bit life is too short to get stressed too much. Perhaps you haven't noticed that there were many tweets this afternoon about it being a new contract hence omega's try to clarify.
Don't be a Karen?
Simply chill out!!!
;o)
Upomega, you’re always on the wine at this hour
Hhanks. Hapy rlto sell.please supply ip address. Ans your physucal address. Best go thou3ansoluco
900
Im a seller will. Take a quote
Im dumpling me lllot . Happy to get 20p on the pound. . Im aldo a buyer at 21p.
Who cares. Omega does.not need Twitter and spokespeople on a bb to shine inmvv.
They are in danger of wrecking its founder memory inmho
I have not been a fan of the ODX Twitter PR machine, I find it quite juvenile. Saying that, odx has far too many punting PIs. The Twitter hashtag has a massive following and many don’t know the first thing about the company, saw the contract today and got excited and are now annoyed as odx have clarified that it is nothing new. For those following the company, we knew it was nothing new.
Thee are a few very rampy Twitter accounts which need to be silenced in all honesty.
Yes i agree. There seems to be some very worked up investors. They must be even shorter than the financial rule .
Being ruski. As true brits help
If people hadn't read bidstats incorrectly thinking it was definitely the full amount then he wouldn't have done. People getting too excited so he put it out for clarity. If people can't manage their expectations better then that's their own fault. He merely confirmed nothing had changed. What's wrong in that?
Stong haggiss inmho.
Colin did not need to tweet that so the only reason on can be to cause yet another wild swing in the sp prob down to 70p or less Mon am . This share is turning into a joke and he will lose investors who get sick of all the games as it can take up a lot of energy up being in this.
Teatcher.
Fantastic. Just think what you could add by being possitive in your business or investment. . You have 9ne. You have certainly given something in terms of not how to behave.
@upomega : “inept crooks at Whitehall”
I think there is quite a lot of ineptitude floating around Alva by the look of it