focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Thanks great to get confirmation from Shapps. Now all we need are those orders.
Yes according to the 2020 y/e accounts but that is after taking into account about £148m of non current assets which will include goodwill etc. They turnover about £12m and make an operating loss of £20m so certainly need cash. As it stands the net asset value would give 12.5p SP but take that with a pinch of salt. I am a new investor here attracted by the dramatic share price fall over the last few years and as I believe sustainable energy is both worthwhile and increasingly necessary. If they can get the full go ahead in Wales things should improve dramatically but it does not end there. Certainly a gamble but overall at these prices it must be worth a punt. ATB
From Omega but no specific date:
Omega Diagnostics
@OmegaDiagnostic
·
Sep 15
"The cash position of the Company remains healthy… we will provide a short update on trading for the 6 months ending 30/09/21 in November.
We look forward to updating shareholders on any further progress in the meantime"
?? Simon Douglas, Non-executive Chairman
I like the last sentence best.
An awful lot of talk and pain generated on this board today and only about 550k shares bought and sold. Sometimes it is just not worth watching. I think I will take the rest of the day off.
What a ridiculous about face. I’m happy to hold.
Not totally surprised that today’s press release from Barrick shows that all is now going very well in Tanzania. It was never such a risky move as the takeover price suggested. Wish I had held Barrick but as I do this for fun it would have been a little boring just sat watching my investment grow (?)
Hope all previous posters are doing well. ATB
Probably as much of an opportunity as a threat. HMG will still provide to military, police, public sector, schools, NHS staff and every patient. Employers will have to buy for their staff and everyone who intends to travel by plane will also have to buy so a big UK market before we even get to the EU, USA and indeed the rest of the world. Individual testing on a voluntary basis might fall off at least initially but who can say.
Apparently the changes will take place from end of October. No details as to how photo submission will work - seems easy to fix for those so inclined. But this is a very big step - no point in using useless Innova tests they need to announce a UK produced product. No info yet as to cost or who will pay. Lots more new to come about the details of this but very positive.
As we hoped red list slashed - no requirement for day 2 PCR test replaced with LFT which has to be photographed and submitted. This is great news on every level.
Personally I have been waiting for some/any TR1 advising us of institutional buying. The recent fall in SP normally precedes such announcements but nothing - particularly difficult for them as ODX mainly held by private investors. I can’t remember the rules but mm’s can accumulate for a period before they have to announce a sale to an institution - might be as long as 10days but others may advise. There are no registered shorts I.e 0.5% but there may be a few below that amount and of course spread betters will hold some.
Ok then, once it is confirmed that our order books are full and we are selling all that we can produce and the SP has risen to £3 plus then maybe but at what price?
Really cannot see a bid coming - when order books are full and we are selling all that we can make, then maybe.
Might also be worth sending to Scottish Herald they have a vested interest in breaking the news - if they start asking questions it might elicit a formal response from ODX. Be bold and ask them to confirm that ODX now manufacturing and exporting to USA.
Opened the link thank you for making the effort. Believe in your own research. Probably not quite enough on its own to force a response from ODX but maybe. Please ensure ODX and Walbrook are copied. Big things are surely coming. Hold hard.
I am unable to open the link, realise it is probably me but can I please have another link - I am interested. Thank you
Personally I think the point here is that the antibody test provided you with the information to make an informed decision. I am still bewildered that the tests are not encouraged/supported by HMG.
Thanks GTC, we will all be waiting for pictures! Director (insider) trading is definitely not allowed if they are aware of material news that the rest of the market is in the dark about.
Thanks to all the useful posters today. Rely on the people that provide important information and links and forget the trolls repeating the same points day after day - LFT’s are needed and we can provide them.
I remember you posting something GTC - thanks. Please remind me did you actually see Flowflex packaging or were we speculating that is what it may have been?
View the link from Okehurst showing recent approvals, look at the video I put up originally posted by Fortnefvrsbre on ABDX from Dr Wen and see Trickymaters confirmation of funding and approvals in the Washington Post - things are happening in a big way, we will be involved and everything will change.
Great find, thank you. Dr Leana Wen is a significant voice in the US and it is good to see her wholeheartedly behind the Biden proposal. Mologic and therefore ODX are well advanced with our application for FDA approval. Once we achieve professional use approval there which is significant in its own right it is a much smaller step to home use which I believe to be the aim. Bill Gates involvement with add to American take up.
With thanks to Fortevrsbre on ABDX. Biden proposes to quadruple LFT testing from December.
Very useful video.
https://twitter.com/drleanawen/status/1445858917666353154?s=21