Member Info for 1stTimer

That trial was for 4 weeks re saliva based testing. What was the outcome and the follow up to this?

Quite! I am with halifax and they are expensive at £12.50 a trade so on a £1000 stake I have to think at least 5% and probably 10% but I have been holding for longer and topping up. Sadly not doing very well at the moment but hope things get better.. Its been a rough 2 weeks!

I remember discussing this a while back. Doesn’t the uk gov get first refusal?

Richard Sneller answered this question earlier this morning.

Interesting re CEO’s salary v shareholdings. Sorry if this has been shared before.

https://www.google.co.uk/amp/s/simplywall.st/stocks/gb/healthcare/aim-odx/omega-diagnostics-group-shares/news/heres-what-we-learned-about-the-ceo-pay-at-omega-diagnostics-group-plc-lonodx/amp/

Re Stop Losses. Some interesting chat going on at Sareum re defeating the MM. seems to be a combined effort to set stop losses and targets to stop the price being forced down.

I sold my ODX shares yesterday at quite a loss but topped up here but the recent COVID stock crash was a heck of a shock for a beginner investor like me!! Serves me right for believing some of the hype.

Thanks for that clear explanation.very disappointing for all shareholders here.

To sell: 793p

To buy: 798p

Phew!

Got offered 793.75!

On Halifax Share Dealing
Spread is 608-1280 - ???!!

Just bought a few more at 1,051.

Surprised Sareum were not mentioned but glad ODX was!

"Not planning to raise any additional funds" Funding includes increasing capacity to predicted levels next year ie to March.

Additional profit share mechanism when RTC sent to 3rd party so price is expected to be higher than 75p gov agreed price?

Yes he mentioned Nottingham drive through testing.

I have not heard him present before. He seems very honest about admitting his mistakes on the way.. I am not optimistic the share price will shoot up tomorrow as not enough concrete news - but potentially from January onwards it could get very interesting. Just a Newbie's opinion :-)

Also confirmed they had enough funding to buy the extra machines to scale up to 2M and beyond. So no Placing?

Talking about 200,00 tests a week but can scale up in November and the capacity increasing to 300,000 and have an option to take a bigger share depending on the other 2 partner's ability to upscale or not.

Compared to October 2019.

Very helpful and I look forward to part 2.
Question re setting hi sell prices . Thus presumably stops the market makers from borrowing your shares?