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An apology for the remark I made earlier on this morning. Had only just woke up and wasn’t really thinking. Lesson learnt.
#OPTI signs its first large commercial agreement for
@SlimBiomeMed
with Prosperous, which gives
@OptiBiotix
access to over 165m people, 100m in Egypt alone, a country with the highest level of the obese population.
https://twitter.com/LEMMINGINVESTOR/status/1239887840332390402
To think less than 2 months ago we could have sold at really 3 times this price!
As distressing it is to see my portfolio take a beating it really is an eye opener watching the world and markets overreact. It’s completely self inflicted pain which will hopefully ease in the next couple of months.
Optibiotix isn’t going bust. It’s too diverse and the overheads are too low. It doesn’t need to raise equity. At worst any new deals might not be signed if air travel is restricted for a while but there are plenty coming to fruition.
Opti have plenty of cash to cover their modest costs and of course revenues are ramping up; and with a dramatically heightened awareness about staying healthy and not being vulnerable to this and other threats then I think revenues will accelerate if anything in the medium term.
… last week, small amount though.
Anyone thinking of topping up just remember that the companies that will go out of business are the ones who run out of cash. The is close to zero chance of any company succeeding in doing an equity raise at the moment. So bear that in mind when making any investment decisions. Consider how much cash opti has and how long that will last for. Difficult times
Good support at 30p we just need the FTSE to go up later in the day or in the morning. A few people have picked up some great bargains this morning.
Oh it's definitely overdone, I'm topping up again Thursday. Noone wants to seem to buy these shares or can't at the moment. It will snap back, it's just a question of when.
damm did think it may have been overdone. main index full carnage mode with some down 40% just today. even shipping lines like carnival less than a third of what they were.
think opti's drop already happened, market playing catch up today, could even be a safe haven for investment.
Simple, Lloyds banking has been in a tight range for years, hardly any growth. ..and soon to be hit with another banking crisis.
Meanwhile, OPTI goes from strength to strength. Don't allow the SP to confuse you with company progress, these are not the same.
New article on OPTI - Profitability going forward.
https://lemminginvestors.blogspot.com/
Strange days. If we are still below 50p come April this will a terrific opportunity to top up this years ISA.
Looks to me to be a real bargain basement price. got a little dry powder left, but if anyone else wants to sell please do it now lol.
Don't want to post offensie stuff in this age of be kind. That's one for the moron of the week comment though, keep them coming!!!
j1osf, you shouldn't invest in the stock market when you are posting things like this. Stay away! Put your surplus cash into an ISAs or something you are an expert in.
the individual share price is relevant without taking into account number of shares in issue as the two together equate to the value of company. lloyds is still worth billions.
Stupid post
You can buy Lloyd's Banking Group shares for 2p more than OptiBiotix.
This poses the question. Why the would you buy OPTI ?
An epic blood bath unparalleled in what I can recall. Its based on some very real sobering facts, just like the Germans stated, they dont tend to hide the truth like others. up to 70% might catch this virus. Statistically not looking good, even UK shops now getting quiet as people stay at home. I have a little dry powder spare, but when to use it is the question.
Stock now into well oversold territory now.
I just wish Sbtx would send out an rns to prop that side of things up. Patience and strong nerves required for both.
It will be interesting what happens today it looks like another blood bath on the markets.
Another top up next Thursday I think.
Nice RNS, signs that opti are acting firmly on any underperformer and savig costs as well.
This agreement replaces the agreement announced previously (RNS: 26 September 2018) with an unnamed distributor and eliminates an intermediary in the supply chain with a shorter route to market allowing closer partner working.
Indeed James - as one article put it 'panic sell early or not at all'. I much prefer my (temporary) paper loss to their toilet paper gain ;-)