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Shame really - I did believe this had legs pre covid.
But really with Covid, Russia/Ukraine, rocketing interest rates and Israel/Hamas companies like this have been consigned to the list of those that investors avoid in preference to the amazing prices and dividends on offer with the blue chips - and no risk either.
Probably my last post - not that I have many.
Good luck to you all.
Started: johnboi1968, 19 Sep 2023 10:35
Last post: boombag, 20 Sep 2023 20:48
Could Not Survive Literally
RIP
No same sad posters continuing with their agenda. (Is what you meant to say)
Now CNSL...
(same sad share though)
Is there no chat site for this anymore
Last post: boombag, 18 Sep 2023 12:11
RIP ODX
Started: ISHORTSHARE, 18 Sep 2023 09:50
Last post: ISHORTSHARE, 18 Sep 2023 09:50
ODX
Started: Greg22, 15 Sep 2023 08:53
Last post: MIKODX, 16 Sep 2023 08:40
ODX hasn't been delisted, they've just changed their name. The new name is Cambridge Nutritional Sciences PLC, ticker code CNSL. Nothing changes, the quantity and value of your shares remain the same, which means they aint worth sh...
Just found this hidden away...
Omega Diagnostics Group plc
(To be renamed Cambridge Nutritional Sciences PLC)
(the ‘Company’)
Change of Name
Further to the passing of the relevant resolution at the Company’s Annual General Meeting, held 6 September 2023,
the Company confirms the change of name to Cambridge Nutritional Sciences plc has now taken place and becomes
effective on the London Stock Exchange today.
The Company's TIDM has been updated to CNSL, but its ISIN (GB00B1VCP282), SEDOL (B1VCP28) and LEI
(2138007U9P4BTZTYIR92) numbers remain unchanged.
Shareholders should also note that their holdings of ordinary shares in the Company will not be affected by the change
of name. Furthermore, existing share certificates should be retained as they remain valid for all purposes and new
share certificates will not be issued.
AIM nominated advisor name change
The Company also notes that its nominated adviser and broker finnCap Ltd, has changed its name to Cavendish Capital
Markets Limited.
-Ends
Why no RNS about the delisting, is that even legal?
"Hedgefun
Posted in: ODX.L
Posts: 357
Price: 3.40
No Opinion
RE: Reality25 Jul 2022 17:46
No scare tactics here LOL
Don't need scare tactics with this share!
Here it is from the horses mouth:
ODX will no longer exist when the overdraft is pulled in September and the company is insolvent by December. Search this post then, I'll never post again if I'm not right."
Hmmmm, interesting
I'll always fondly remember, at around 60p a share, asking members here 'how long it would be before ODX returned to pre-covid levels of 7p?'... I got absolutely SLAUGHTERED on here, abused. Mad 4 years we've just had.
Stay safe people
Genuinely think someone needs to check in on Kate, if you know her contact details?
She's not posted in 4 days.
Started: TradesIn, 14 Sep 2023 16:55
Last post: TradesIn, 14 Sep 2023 16:55
Tick, tock, tick, tock...
Started: CaptainSwag, 13 Sep 2023 13:37
Last post: CaptainSwag, 13 Sep 2023 13:37
Is my guess for awhile.
Unless fakey right and dispute has been lost
Started: Atanasoff, 11 Sep 2023 16:28
Last post: dsaf, 12 Sep 2023 19:15
Likewise Capt, its not even worth shorting it unless you have a shed load of cash to put against what little of the SP remains.. certainly no one with half a brain cell would short it either.
Thing is you can't trade odx..massive spread and the general direction is down
You would have to very good and lucky to not lose money
Traded Omega from 2020 till approx mid 2021, until is started looking toxic, and broker made an infamous comment about a Tesla lol then I bailed. Back in the Colin King days. Always kept an eye on it, but seems to be on a slippery slope to its very own destruction nowadays.....Wouldnt personally touch with a barge pole, not even a cheeky trade.
Aberdeen - I guess when you have lost 98% any other loss is by definition proportionately less. Let the BoD eat that final 2%. It is worth next to nothing . 2.10p for the person dumping 300,000 shares this afternoon. That must have hurt but better than nothing and hopefully they can move on.
Another figure touted by your sought was 12p. That would be too much for the BoD to resist. But to get there you would need a 471% increase. So won't happen.
What loss are you nursing?
Lol, know one cares. Not a single soul anywhere.
Started: boombag, 10 Sep 2023 07:42
Last post: dsaf, 11 Sep 2023 19:48
Stalk me on another board. Listen to yourself you have openly admitting to selling your shares you once claimed to hold here months ago. But instead you continue to post here on a daily basis.
Insulting, harassing, abusing other shareholders, directors.
Think of what you have posted it's absolutely comical. Remember when you previously posted that you were not the cleverest, well guess what I agree with you now on that point.
Captain I think its obvious who needs medical help
The police wont help but I suggest the below link:
https://www.nhs.uk/live-well/addiction-support/gambling-addiction/
Those investing here are addicted to the share a bit like hoping a losing horse wins
Boombag...
Lse seem to have a very strange policy on what they act or not.
Water off a ducks back. Someone is Clearly not all there
I am collecting evidence so that it proves who is actually being harassed..rather than those claiming to be a victim.
If I ignore a poster ..they respond to every one of my posts within 20 mins..abuse etc
Stalk me on another board
Not sure how they can claim.i am bullying ?
As long as any newbie can tell who is lying by reading through posting history that's all that matters.
Don't feed the troll
Says one of a gang of five, who have been bullying one individual for months and months
Posting vulgar, abusive, insulting and threatening posts. Making me report you all to the police as I am in fear for my life. Yoh have forced me to report you a to the authorities.
Thats response of someone guilty
Captain has every right to report you as you keep harassing posters on here
Started: boombag, 10 Sep 2023 12:14
Last post: boombag, 11 Sep 2023 08:45
Nothing happened this morning just another slight decrease
painful to watch if your shareholder
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.
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
Started: Captainstanley., 8 Sep 2023 18:59
Last post: calderkate, 11 Sep 2023 08:44
Unlike some other posters here, I buy when I want to. Not when you signal.
Busy on a Sunday morning, must be arguing amongst yourselves.
More scaremongering by one of the five. No evidence just another of your wild assumptions.
Let's discuss investigations which are taking place?
Anything you wish to mumble?
Oh well thought not.
CaptainSwag such an expert on this company and such a considerable person he persists in his posting here to insult, ridicule, and annoy shareholders. Why should he be so concerned about current shareholders making their money back elsewhere.?
Not living back at home, this is my home. My name on deeds, and small mortgage. I am claiming carers allowance because I am entitled to do so. Don't get carried away with yourself, when you have no morals whatsoever. I stopped working to care for my mother as elderly people were not being cared for in care homes aswell as I thought they should have been. If you noticed my first double had come in and zi had made a profit for the day. So how can you call me a loser. You sad 2%er.
Started: jools2000, 8 Sep 2023 10:01
Last post: MIKODX, 8 Sep 2023 21:16
Jools2000, there was no consolidation. Sounds like you got a dodgy broker there mate lol.
Oh dear Jools. I'm sure they'll fix it. Nothing changed in InteractiveInvestor. Best platform I've been on.
Anyone else here had their ODX shares automatically consolidated ( even tho it wasnt supposed to of happened )
Also my XO acct is showing the shares as now being consolidated , Have emailed XO, No reply yet,
but taking it this is a temporary blip, just a good job i didnt want to sell today! lol
Started: calderkate, 6 Sep 2023 17:00
Last post: dsaf, 8 Sep 2023 17:17
Yep tradesin.
mr dunning kruger is back in the house...not realising the irony
i have happy memories as every week was a gem..CTDA expected this thursday - as thursday is always ctda
did odx ever get it?....lol
Reggie did leave us with a lot of memories - telling anyone that ODX was well as it was burning down behind him. He was last seen with a 'CDTA Thursday' tattooed on his forehead running off with Colin to start a new life. Reggie welcome back indeed looking forward to the BS again from a proper fantasist. Puts Dave in the shade. But many hear still remember you - so no funny business please.
A gem from the Reggie archives (after ODX Towers was already in flames)
''Yep. People need to remember that ODX is about more than Covid. It's a share for long term investors rather than 10% traders...''
''snork''
"CTDA Thursday anyone???"
you owe me a new keyboard- this one has coffee spat all over it!
snork!!!
Oh dear Reggie's back with his 'knowledge'... the end of ODX is nigh.
CTDA Thursday anyone???
The government are trying to delay the process. They don’t want any decisions being made pre-election, as they know they’re going to lose.
I wouldn’t be surprised if, when we get a new government (which may be fairly soon), the new administration simply settles rather than drag this through mediation and/or litigation.
Started: Mckenzie83, 7 Sep 2023 16:20
Last post: CaptainSwag, 8 Sep 2023 12:23
"How did the BOD expect the share consolidation to get voted in? It was messy and of no benefit to the shareholder"
which is why it was hidden on p78 of the appendix and the AGM held in the middle of nowhere.
They possibly figured any SH who could be bothered to vote would just tick everything.
woken up the next day wit fait accompli
A lot of discussion regarding the government dispute, but in reality, irrespective of the outcome, there is only one which I see as being relevant. That is if the company were to have to repay any monies then their ever dwindling pot would only speed up the requirement for a fund raise, as let’s be honest it’s unlikely to be refilled via the business. If they don’t have to pay anything, we have the current situation, albeit without the sword overhanging, which is not exactly looking overly rosy and finally if they were to receive a payment?? that would add a minimal delay for a fund raise (or possibly not as it may be utilised as another mind boggling unjustified bonus for yet another magnificent performance). Ultimately a win/draw makes no real difference, but a loss could be the beginning of the end.-
I've held shares for almost 2 years,does that make me loyal?
I really hope so as I'd love one of the new tracksuits.
Dont forget the dispute with the DHSC is still ongoing so that will be holding the SP back. Any good news on that should see this start to move North again. However, it could also go the other way and turn out not so good. Thats the risk factor right there.
But we wont see it moving as fast with so much shares in circulation. How did the BOD expect the share consolidation to get voted in? It was messy and of no benefit to the shareholder, in fact it would have meant shareholders ending up with less shares and less value. I'm sure most would like to see the shares consolidated, but they'll have to come back with a much better offer than that shabby one they recently had on the table.
Exactly dsaf - how can they award such bonuses? what is the justification.
again for the nth year jag has cost the company more than he has brought in
Started: ripley94, 14 Feb 2022 11:41
Last post: ripley94, 7 Sep 2023 09:12
Stock split on D today , looks like consolidation .
3.3p today after 15% one day fall opened 3.01p
6th of May 2022 Rns of placing was at 4p at no discount to market price, no surprise less then 6% take up .
First days of October 2022 hit the low so far of 2.3p
Looks like they only got a 23% take up for the OO at 5p which matched the placing in early February 2022.
The Open Offer closed for acceptances at 11:00 a.m. on 28 February 2022.
Looks like I must of let that pass , 5.77% take up ?
Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Health & Nutrition and Global Health products, announces the results of its Open Offer.
On 6 May 2022, Omega announced its intention to raise gross proceeds of up to £4.1 million by way of a Placing, Subscription and Open Offer (together the "Fundraising"), all at an issue price of 4 pence per New Ordinary Share.
The Open Offer closed for acceptances at 11:00 a.m. on 31 May 2022. The Company has received valid acceptances from Qualifying Shareholders in respect of their Basic Entitlements in respect of 1,560,453 New Ordinary Shares and has also received applications from Qualifying Shareholders under the Excess Application Facility in respect of 1,317,323 New Ordinary Shares. In aggregate this totals 2,877,776 New Ordinary Shares, representing approximately 5.77 per cent. of the Open Offer Shares. Accordingly, Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Basic Entitlements as well as those applied for under the Excess Application Facility.
Broker has instructed a structured product ,and different from other shares not allowing a sell order ?
458 pages back here to find my post of buy 14 February so lots of chat , looks like there was some sort of OO 13th May which I either missed or passed up .
Share price around 3.55p 16th May 2022 , 9% spread above so around that same price today .
Had a spike to 4.1p 16th November 2022.
Started: CaptainSwag, 6 Sep 2023 17:31
Last post: CaptainSwag, 6 Sep 2023 17:31
All sailed through....they originally prob thought the consolidation vote would have slipped through too
Let's hope they don't lose dispute ..that will sure make a dent in the coffers..and no chance of a placing with current share structure now that consolidation is off the table..for now
Started: TradesIn, 6 Sep 2023 13:25
Last post: CaptainSwag, 6 Sep 2023 16:49
Atan - agree with much of what you say. Plus wasnt the track suit king in charge of the food division before being upgraded to ceo as reward for his failure? he failed then and is failing now. except at securing his bonus
to be fair - the usa is a difficult market to crack...there are some major bodies against the type of test that odx are hawking..add in a really rubbish sales / management team and i agree with
"I believe this company is now in a death spiral. It will be when, not if, they go"
they may delay the inevitable if a couple of things go in their favour (royalties / dispute) but without being able to make a profit..the future is not looking great.
my suspicion is that consolidation may well raise its head again...and this time it will probably be a fait accompli - as they have no other choice but go bust
Some of these posters just have long posts to make out they know what they are talking about or that what they are posting is correct look at what he has previously posted in August. All so that he could get his target price of 2.25p (remember he posted that months ago). Now he implies that he is a shareholder. Names for these posters.
It was why I was rather pleased that the new non exec was appointed. Sadly, this came just as the only other credible member of the executive team walked out.
You are right - corporate governance is vital. It is often lacking within the SME sector. It is why they ended up having to get in consultants when they were in a mess. If they had done things correctly the consultants either wouldn't be needed or when the warning signs appeared.
You can't manage it if you don't measure it. It was ever thus.
As for the question - this is an interesting one and one I blame myself for being sucked in. I abandoned due diligence and my own investment metrics. I saw a company that made covid tests during a world first covid lockdown. What wasn't to like? The rot however had set in long before.
If you actually study ODX they have kept going due to selling off assets and raising money. Rinse and repeat. Colin was appointed in 2018 to fix the mess - it is a familiar story - lack of comms, poor results, costs too high, poor governance.
As an example - mainly because some are holding onto this prospect. In 2018 they wrote in RNS the following:
"As part of the strategic review noted above, we are actively pursuing opportunities to target and add additional sales channels which we firmly believe have the potential to create significant value in the world's largest market for food sensitivity testing."
In the raise that followed the money was meant to go on improving prospects in the US.
In 2017 they had ISO 9001:2008 and ISO 13485:2003 for Pune (India) but failed to bring this QMS to the UK.
So in answer - it was in 2017 when things turned from being a profitable company to the mess that has resulted today. This was due to weak management and poor governance leading to ambition overtaking ability and inability to take the steps needed to correct it.
I believe this company is now in a death spiral. It will be when, not if, they go and the only other question is if anyone will pick up the scraps.
Exactly. When Richard Sneller was in situ one feels they knew they had to toe the line and do what was best for shareholders or feel his wrath given the shares he held. When he departed decisions started being made in favour of the few than the masses...
Green stripe Dave - let me guess. ''Who's this Richard Sneller bloke - never heard of him''...
Tradesin...it really does feel like nobody is keeping the bod in check and on the straight and narrow
Started: Atanasoff, 6 Sep 2023 12:33
Last post: calderkate, 6 Sep 2023 12:53
And yet these non shareholders still continue to post on here to try and save us shareholders or to stop others from investing here.
What stinks is you five, you clearly have an agenda.
"The sooner shareholders realise that the BoD are not working in the interests of them the better."
THIS!
hiding the consolidation on p78 of the appendix (or whatever it was) shows everything you need to know.
Should have been highlighted in the original rns of accounts
they have tried to sneak it through..hold agm in a remote place etc to get it through
luckily it still did not work - this time
Shareholders have read what you have had to
post previously, and more recently. So why do you continue,
unless you are connected to board?
Why do you want shareholders to sell?
Why are you continuing with your repetitive posts?
You've posted now go and irritate some others, because you do not present yourself as a top 2% of society.
An AGM is a regulatory requirement for listed companies and others. It can be a box tick or highly contentious. But they give good clues to where a business is.
How about the ODX AGM? Here are some things to note:
1) A company that believes institutional investors are interested will ensure the AGM is where they are - i.e London. The location? Ely. A small little town in the turnip fields of Cambridgeshire.
2) A company that wants engaged and involved shareholders will ensure that the AGM is well marketed. Instead the AGM resolutions were buried in the Annual Report. It screams they dislike SH and just want to get on with whatever it is they are doing. Like awarding themselves huge bonuses following record losses.
3) A company that has lots to say will want attendees. Instead we have an AGM in a little hotel whose capacity is 50 seats.
The sooner shareholders realise that the BoD are not working in the interests of them the better.
Started: dsaf, 6 Sep 2023 07:16
Last post: CaptainSwag, 6 Sep 2023 10:32
Agree atan.
I was expecting more of a sell off on the consolidation notification rns. Either SH didn't notice or too busy spamming board or no liquidity
The only thing that is preventing a share collapse is so many being 90%+ down and writing them off.
I doubt anyone would be able to sell a large holding
I wonder if Dave wishes he had sold at 55p...
Would he be more critical of the board instead of spamming the board with nonsense. Green stripes abound.
Let me take a wild stab in the dark and guess vulgar, police, jag's wages are justified?
How do you know what's in my post? , you've supposed to have filtered me. Rumbled again, waste of time you are, censored now.
Started: Mckenzie83, 31 Aug 2023 15:33
Last post: calderkate, 6 Sep 2023 08:03
Will there be any buys this morning?
Stan - i don't believe you are a captain!
£1.48 or £5k?
Not sure if serious captain !
Topped up today 2.1p absolute bargain
🤣 Like the tip McKenzie
Started: Qazwsx1, 4 Sep 2023 20:47
Last post: Danedmunds, 6 Sep 2023 07:14
More bad news from these lot. Have a few shares left from these. When ever I see a rns I expect raise or gone bust. I’ll ride them out
Mik - consolidation is not happening today
they clearly could not get the required votes.
rember the last time they got voted down on something - they just did it by stealth a couple of months later. wonder if it will be the same.
those wages wont get paid by themselves!..lol
So no comments about the Share consolidation happening today, and what the SP will be after? Is it 10p I heard them say?
He says I'm desperate, I'm quite happy to wait to see what the outcome will be. Especially concerning my complaints made.
Let me guess.. hidden by the green stripe.. vulgar, police..?
Started: CaptainSwag, 5 Sep 2023 22:29
Last post: Sharesupplease, 5 Sep 2023 22:59
Another jam tomorrow AGM? Guess we are so used to the script that it’s no wonder there is not any chat about it. It amazes me how people argue about this share daily for more than a year without getting bored.
Well is it just me ? - it is the AGM tomorrow - but there is not the least interest in discussing it or even acknowledging it on here by the Share holders that regularly post on here ?(MIP / 5-0 / DJ Raspberry...etc)
you do have to wonder?
and then they come on here and always "wonder "that the only people who talk about the share in any depth or detail - are the cynics
Started: CaptainSwag, 4 Sep 2023 10:30
Last post: Atanasoff, 4 Sep 2023 23:30
"What timber did you buy?"
Siberian Larch (45x 19mm profile) and some AA Grade Marine Ply (18mm)
FYI Will be buying some Alder soon for a sauna that is going in the gym annex.
HTHs
What timber did you buy?
Atan ..we should get an update next month at agm.
If it is as many of us expect then could well pop below again. Though I think it will recover.2p seems about the bottom.
Of course if they get any news on dispute and it is bad ..defo under 2p
Less than £300 traded. Wow. Ive spent more on timber today. Imagine having a largish position and wanting to sell. 20% spread shows how dire the situation is.
What do we think? Will it go below 2p again?
Trades in - lmfao
Started: Mckenzie83, 1 Sep 2023 17:23
Last post: calderkate, 3 Sep 2023 15:03
'Or a board where they don't hold shares'
Seems that some posters don't realise what they actually post.
I think there's a good 5 posters here that that phrase applies to.
Question is have shareholders voted on the other points?
I'm still keeping my vote as it was, voting no on all points.
Yawnnnn.....
Another one doing as the sailorman is accusing me of doing. Difference is this posters posts are vulgar repulsive abusive and down right disgusting.
Just another infantile childish poster.
Blimey, Dave's on one tonight.. stripes everywhere.. Be better when he's back in his box.
Sounds a bit familiar, where you not having any shares here and you keep mentioning me when I don't post. Can't have it both ways sailorman.
Started: Mckenzie83, 1 Sep 2023 17:27
Last post: Mckenzie83, 1 Sep 2023 17:27
That is the question