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If you read my previous post you would be aware I have asked if the sale of OO is on the near term agenda if not I will sell my 125000 shares immediately. Just 1 question becont and I know it’s a guess but what timeframe is long game a year 2 3 just give me a clue.
Orc, it’s not all about you either. The board doesn’t need to hear your daily hand wringing. Id wager I’m currently sat on a bigger paper loss than you. If it’s getting too much, I can only assume you’ve cut your losses and moved on?
I absolutely share frustrations regarding the share price, but coming on here with the same old CF bashing is not going to do a thing. Why is it this board is plagued with such relentless whinging?
LTHs know that this will be all about the long game. It’s annoying to see the SP where it is but anyone with an ounce of foresight can see that revenue, cash position, moat, direction of travel etc make it a great investment.
I have to say I never heard so much nonsense are you in the communication department of OO this share has done nothing but bleed for nearly a year now ,with its CEO CF stating many promises along the way including a 500m valued company etc so pardon people asking questions like how can we move forward I have suggested a sale. You like many just parrot LTH will be handsomely rewarded but no reasons why contracts announced spin out done why is more of the same going to make a difference.It’s not all about you becont many shareholders here want to see some light at end of tunnel not 3p 4p increase only to be wiped and more lost in a week. Muppets like you make CF job to easy he needs to show the results he promised or find another way to reward people who invested in his plan.
Thought I’d pop back in but the usual bed wetting and gripes continue.
Leo Toole does not need to update the market, we know how much revenue is booked and what that represents vs projections. Even the most green of investors knows that ‘updating the market’ = either ‘we are in trouble’ or ‘panic’. There’s no point and it won’t provide a lift anyway.
OO does not need to be forced, it’s doing really well. It is of course frustrating that this is not reflected in the SP but what is whinging and moaning going to do about that? Get a grip or sell up.
Moni is right to highlight Avacta. One of many basket case companies operating with crazy market caps. Perfect proof that the market is often wrong, and is certainly not efficient.
OO’s time is coming and I’m sure CF and the team are working tirelessly in the background to deliver even higher profits and growth this year. It will take patience, but long term holders will be rewarded handsomely. Those sad acts that come to wring hands every day need to understand that the SP obviously doesn’t reflect the value here, that this is a long term reward with very little risk, or, if you can’t deal with the fluctuations of AIM, pull your money and stick it under the mattress.
The daily moaning from some on here is utterly embarrassing and a poor reflection on this board, many of the good posters on which have since stopped posting as a result.
I agree, just take a look at AVCT never made a bean, barely any sales, burning through £30 million each year but twice the value of OO even with the 25% drop this week? Doesn’t make any sense at all?
It is incredibly frustrating watching profits all but disappear. I’ve bought at 26 pence and then 24 pence which messed with my average but there is no better company to be in.
No chance of dilution and revenues growing significantly & profitable. Just look at some of the rubbish on AIM worth more than OO but make next to no revenues - one of which had a crash landing this week and in my opinion is still overvalued.
Orc,
I have to agree with Blackrhino here i get your frustrations as regards contracts and share price not moving northwards.
However we are only just in a new year give it till April lets see where we are then regarding Orph. Also he promised news a plenty as regards Poolbeg to also lock up ends then so hopefully we be in a better place with both.
Still think risk/reward here is great considering Aim cash no problem going forward and booked out.
Black it’s had news 3 contracts before Xmas that CF thought would move the SP nothing . 803 explains how all us bag holders are getting great value for money you could not make it up. I have emailed communications for OO requesting some direction from CF. And where is that mouth piece Elric
It’s clear this share needs news to move. No news and it drifts. So much potential game changing news that I’m going nowhere. We have all seen how many flick out of, and into, shares as news/rumours surface. I still think the risk/reward at these levels is the best on AIM.
Glad to see another of CK ideas panning out and putting all tere efforts into poolbeg and OO. I just hope he was talking to the right people at the JP this week cos the only way this stops bleeding slowly is when it is sold
For those like Orc who supposedly bought at 29p, it's worth remembering that when the sp was at those levels (July 21) the mkt cap was approx. £174m. Now we're closer to £130m, but importantly in between that time there's been over £32m worth of contracts announced, and that's just those that have been RNSd. At these levels you're getting much better value for money. On historically valuation metrics the shares don't look cheap but it's important to look forward and with 95% of revenues booked for '22 and plenty of scope to add further contracts/up sell I personally believe we're in a good position here.
Also worth remembering that Orph has a pretty fixed cost base. So fewer trials still incurs a similar level of cost to having a larger number of trials which would obviously generate far greater revenue which In turn would filter down to the bottom line.
Also worth considering that the 14 odd million cash the company has is worth approx. 2.5p per share, so at these levels you're getting the business for 18 odd p. Or about a £117m mkt cap.