Member Info for Atanasoff

It is certainly a roller coaster for holders. Congrats for those that have got into profit today (not many of you I guess).

Reading the RNS is confusing because the transaction seems to be a proof of concept rather than, you know, make money.

VeChain Foundation doesn't have inventory to monetise. Its platform offers the ability for SYME to deliver up to $10m of funding by joining the two platforms together (federation) and utilising its supply chain expertise.

But that is it. The transaction isn't the start of income/revenue.

So why did it jump 60% today? Could be a number of factors. What it isn't is a sign that SYME is a viable business, let alone one that is going to bring the deeply under any return.

You've been warned (again)

Great news and tbh it was a minor matter anyway.

The children on here (who likely don't even hold) get very excitable. The stock will be rocky for a while but is a solid buy at these prices. If you can afford to hold for another 18 months then I think it will come good.

Full disclosure - I am a bit down but not much. I expect to bag on this share at least, just as I did on MNZS.

Spoke to soon ! Depressing - this is a great brand that has market headwinds against it.

I am still an Angel. I was one of the original angels and had a big break when I started using The Times / Laithwaites and Majestic during the Majestic/WINE period.

TBH the spam emails get tiresome and I am not sure I am getting the quality I used to OR that isn't available in The Wine Society. Laithwaites is good as well.

I like wine a little too much but I am not sure about investing. Virgin Wines is struggling and WINE seems to have many that are not that pleasant about the company (see The Times article this week on them). With a mega recession almost baked in I do wonder if the market will get squeezed - some of the offers I picked up last month were crazy value but doubt they were that profitable.

Watching with interest

I've topped up (not £18m sadly). Massively oversold imo.

Todays RNS was to halt decline. In effect the board did a ODX and have ramped a share on the promise (with caveats) of future gains.

No facts to speak of. The numbers are all that matters. Progress does seem to be made but this is a day traders share except for the most fanatical.

Just check the numbers. Check out Voltz. Check the HVAC market and what else is going on in it to reduce pathogens being circulated.

This is a ramp and I am happy for everyone that has managed to get out with a profit or smaller loss. Congratulations and all the best for the future.

This will drop back in the morning.

14 employee company that doesn't really sell anything dont need to pay the BoD anywhere near what they doing.

Doesn't deserve to live this one.

Just pure anecdote - Norfolk show the joules tent was rammed all day. At one point you could barely get in. My local towns branches also seem to be busy despite “white stuff” opening nearby.

With pure online suffering perhaps people are going back to a retail offering. Hoping so anyway.

If you think that was a good RNS I have a bridge to sell you.

Just shocking - is this business plan 4 now? We know what comes next - another dilution.

Calderkate

You’ve been on this board a longish time. You were in when the mags ramp was around and we all thought about what boat to buy. Whereas many of us got out (at big loss) in the 60p range you seemed to ignore everything and double down. Assuming you’re not some £500 “portfolio” I know your losses must be painful (I have another stock that has taken a significant tumble).

The big question is - what are you expecting of ODX and what do you base this market cap on?

The company itself raised the issue of the bank overdraft. It is bleeding money and currently has a couple of noose around its neck (cd4 and government payment demands). It’s dilution went badly and the price is on its arse. I cannot see anything that gives me confidence to jump back in. What do you see that most of us don’t?

Agree. The rampers will often talk about the unique platform - although most haven’t even seen it (and would likely change their mind if they did).

Nothing SYME is doing cannot be repeated by larger and more adept funders. The fact that SYME has had a number of companies go through the onboarding process but then. It used the service is telling. The trade flow deal was a stitch up based on a valuation that Ronald Dahl would struggle to imagine.

This company is a dog. Over hyped. No one left can’t say they weren’t warned. Only good thing it’s worth is the cycle of pump and dumps that happen with sticks like this when they head to the floor.

If this isn’t .05 soon I would be amazed

Typically 4x EBITDA plus good will.

If I was in this space I would be waiting until they get really desperate. This BoD are driven by self interest and neither have the skill or money to run this business. All those crowing for Colin to go and then ramping when Jag took over were warned.

Just look at the volume today - those invested are too under water to feel they must sell and no one else is interested. Even the trolls have left.

Dead man walking, largely a victim of government imo. Tragic and shameful on so many levels.

I agree. I bought another 6000 this morning when they were down 36%. Yes, I am still down overall and I do have concerns but I think joules is a great brand that has room to grow.

The garden thing may work although I thought it was a poor decision. That’s life and I hope they get someone in that can really drive the brand.

TF was always over valued. It was part of the scam

You were all warned and yet the pumping still continues. If you want to see another big drop hang around for the next trading update.

If you’re in too deep then you may as well hold. If you can afford to get out do so imo

So you’re expecting a 350% increase in price ?

Whatever you’re smoking can I suggest you cut down?

Even the majority of trolls have given up on this one.

Bottom drawer if you hold as you will, sadly, lost so much. Volume is shocking today. Share price is actually near meaningless unless you start getting back some volume. With so many burnt PIs that played in the lawless AIM pond I wouldn't expect much.

For all those talking of action etc - I have read more convincing stuff by Ronald Dahl. You're just embarrassing yourselves.

Much of the RNS is very good. Sales rising in the areas they need to. Ignore the covid stuff - they have failed to submit the information required. Missing data = non compliance.

The cash burn and cash availability is staggering. This is a company that said it had £5m available not that long ago. Where has it all gone? This is the shocking piece and raises alarm bells - does this include the £1m for Alva? Have all relocation costs now gone through the books? What about the new site?

As always with much of AIM you look to see what RNS don't say - esp when you have a ropey BoD like ODX.

I can see a fire sale of assets and/or another dilution. Options seem to be slim and if I was a competitor there is not a chance I would consider a take over, even at these prices.

Hopefully the company will not be sold - I would hate the directors to benefit from the tax advantages of doing so.

This isn't aging well.

Anyone pumping this stock should be ignored.

Anyone saying this is going back to 40p is an idiot that has no grasp of business or financials .

Stop complaining about £200k salaries - it shows nothing but how clueless you are about business.

Today you saw what £200K buys you in the C Suite. The answer is not a lot. Normally people that are running down to retirement or people that are out of their depth.

Today was shocking on so many levels. I am appalled that some of you have abused and threatened the board. Get a grip. However, Simon in particular was dreadful. Not a huge surprise but nevertheless annoying.

ODX have some good products and they are being squandered by a board that don't appear to have much energy or enthusiasm.

PS - Stop bleating about covid. It is over commercially. They ****ed up massively.