Member Info for Atanasoff

It is great news that Next and Tom are picking Joules up from the ashes. It is as though all this was planned. Some would say that the "negotiations" weren't perhaps done in good faith. They don't have any of the legacy issues and can start again. Wonder what happens to the gardening side?

Sorry to all holders. Very painful and believe you got stiffed.

He has a certain MO. I feel sorry for those tha he has enticed into his telegram groups.

Throws shade, talks crap. His recent posting seems to indicate his narcism has got the better of him. Sad.

Oh right - ta. Has he been in contact with the board today?

He is either an amoral trader or his pension is hurting.

Forget jasper - where is quint ?

In all my time I cannot recall anything that Fakey2 has said that is either accurate or truthful.

He is like a lobotomised random word generating AI. Less mass than a neutrino and with as much wit.

The interesting thing won't be it going to 5p (because it won't until something changes) but it is will dip below 3p. I am not sure now that they have the #4m in the bank. Likely not. Could get close though.

Having a large cash balance isn't always a good thing.

The value of the business is not in cash in hand but in the accounts - what it sells and the profit.

Key for ODX now it has the money is what they will do with it. Give this one 6 months and we will see - if they get things right then I agree a re-rate could come. Anything until the next trading statement is a waste of breath.

Why captain? You still haven't answered why you believe it will be 12p by the end of the year either.

Are you going to have to join the naughty step and the green stripes or do you actually have any business acumen?

Good stuff

They actually managed to get dressed ! Still impressed with Chris - seems to have his head screwed on. Jag is a typical small SME director. I think he has imposter syndrome and for good reason.
As previously mentioned the Gut health /Microbiome market (both snake oil and professional) is a huge growth area (they admit underinvestment which will come as a surprise to holders that bought into the many dilutions)
H2 looks stronger due to China and Saudi markets.
The powerpoint was better than previously.
App idea is very good - shame they are piggy backing as this will hurt profit but it is a start
Counterclaim and mediation is a little opaque - As mentioned a small repayment (under £1 million) would seem likely unless the government just can't be bothered and want to bury it.

As predicted

Costs from CD4 sale still being fed through and will continue for the remainder of the year. (The idiots denied this)
As predicted margins are down and sales down (The idiots denied this would happen)

Interesting questions

I will be interested in the BoD renumeration - a sale normally means triples all round. Will this be the case?
They have been talking about starting the US market since at least 2016. Have they started the HIPAA process?
Have they carried out the required legal obligations for the health app?

This was one of the best presentations I have seen from ODX. Will I invest again? Not yet. We have an ocean of uncertainty around this stock. I cannot see any justification for why the stock would "re-rate" and I suspect that it will bump around until it demonstrates that it can improve sales significantly and that it will control costs to bring profitability.

Even by their own admission we have loads of time before we see if that happens. Anyone still in expecting a short term turnaround will be disappointed.

What do you base 12p on?

"12p by end of month"

Utter fantasy. Have you looked at the EBITDA? How do you arrive at a value of 28 million?

Except you wouldn't have lost a bag unless you bought in at that. Most that remain in ODX will have lost 90% +.

As I have said before the share isn't worth the much vaunted 12p (£28M Mcap) Think most of the sane members here said it would hover around 2-2.5p. It then jumped on a clear P&D / news leak. 2.5-3.5p is likely the right level until they can deliver.

The £4m is welcome news and the £2.5m in the bank as of the end of September seems to be maintained. The app also sounds promising. But, if you look at the figures they are dreadful. I know this is turn around plan 1267 but the fundamentals suck and ODX doesn't have a stella track record . From a business perspective having cash in the bank is not that great unless your sales and profit are good and you can invest it. It doesn't make you more desirable for take over as much of the money is normally taken out of the business.

Today is good news. Without the £4m it wouldn't be a going concern for much longer. It means they can invest and get moving. The App sounds good. The market is increasing. Without meaningful sales this will bump along.

Good

They have the £4m

Bad

Cash Burn will mean it will be gone in 18mths
Sales are dire

Interesting day. Very bullish statement

Both.

Really sorry but I am adding you to the green stripes.

Back up to 4p ish today so could be good news or hope above reality. Going to be interesting at 7am.

New to this but for obvious reasons now on radar.

6.8 million in debt and they decorate cakes. Interest at 12% and only secured for a year.

What am I missing?

Fake is a liar and a charlatan. Spams the board daily with its inane posts. If it was a bovine you would test it for mad cow disease and have it put down.

Before I blocked the boring troll I don't think I ever read a truthful post.

Thursday will be fun. Watch out - the next couple of days they will be doing their best to ramp it.

DSAF - you complain about the two idiots. You claim they are unemployed and clueless. This is true but I have to ask how smart is it to keep replying to them? Your post count is totally out of control - I don't know how you get anything else done. By keep engaging with them the board is just unreadable spam.

No one gives a toss what Kat/Dave/Non Entity1 think or can prove or disprove anything you have said. So really it is you that is making things worse currently.

The last 2 pages are just you arguing with idiots. Nothing of value comes from it. Just ignore them. Go for a walk or something but please give it a rest.

No reason this shouldn't return to 200p+

Been undervalued for a long time.

Just look at that spread ! 3.25 here we come (again)

Hope you got out with a nice profit like the pump and dump crew did.

We have 3 business days left before the figures are released at 7 am on Thursday. These figures will be bad. The only question is how bad? Cost control and marketing are the keys. The more vaque the numbers the worse it is.

This leaves the £4m announcement. They haven't had this confirmed otherwise we would have a RNS. It should still be coming but as I warned when the language changed in the previous RNS the longer the delay the bigger the risk.

Without the announcement? Back to 2.35p

Results are next week. This all feels 2020 ish. Large ramp before crap results.

I fully expect the £4m to still drop but I have this niggling alarm bell due to the change in language between RNS regarding the payment. Dunno.

On the bright side at least it has some volume. I hope some of you that were under made back a little bit of your loss. Hope some buying in this morning weren't new suckers.

ODX has become interesting again if nothing else.