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The answer is no, it’s a process, everything won’t be revealed overnight.
Look at where ODX was 8 weeks ago
Where will ODX be in the next 8 weeks.
So either buy, sell or hold.
I don’t get why people are getting so upset, 90 percent of the people invested should be evens or up.
I think if we had an RNS stating an II had invested and was holding 4 or maybe 6 percent of the company, I think this could be major in moving the SP past the £1.00 mark and it would also give reassurance to those already invested to top up and those on the fence to buy in.
We all heard what Matt Han**** stated, saving lives comes before submitting administrative paperwork on time.
So expect a two week delay
It doesn’t matter if the tests they carry out is accurate or not, the only thing that will matter is that they have taken the steps to show that the event they are putting on is COVID-19 safe and in line with the government’s recommendations.
If you told a premier league football club that as long as they can provide 50 thousand fans with a test and if the tests come back negative then they can all attend the event, the football club is not going to say no, they will look to see who is on the government approved list of contractors and ask them to supply them with the tests.
There is already a growing number of people who don’t take Covid-19 seriously, they don’t believe they will get covid and will end up dying or becoming dangerously ill, people just want to go back to their lives before covid, so if that means having to take a test so they can enjoy a night out without getting fined £200 or getting hassle, they will pay it.
There will always be a need to manufacture a test on a mass scale and a test that is available at a days notice.
Once ODX has filled the order, it won’t matter to them if the event goes ahead or not as they will have banked the money, it will be up to the event organiser to sort out the logistics.
In regards to the share price discussion, the ODX share price has not fully reached its peak in my opinion, the share price has only just come alive in the last 6 weeks, the vast majority of people which I would say is 80 percent should be either in profit or have broken even, 20 percent of the people may be down or close to even, it’s up to them to decide for themselves if they want to hold and wait, or cut thier losses if they believed they have made a mistake.
I don’t know what the big fuss is about, you will always get people who end up with losses, it happens with every stock listing.
There are many sports, music, pub and club events that promoters are desperate to put on, they want to fill up venues to maximum capacity, even after the whole of the U.K. population has been vaccinated, I can see a future where event organisers will be testing customers as they come in or posting out tests for them to take at home 48 hours before the event as they will not want to take the chance of an event being called off and they lose money, they will most likely add the cost of the test to the ticket price as a condition of entry and some will promoters will try to make a profit on selling the tests also.
I would very much like the SP to be around the £1.20 mark and be rising by 30p every couple of weeks if it won’t sky rocket to £2 early morning.
I am going to hold and wait till after May 2021 as by then all most of the cards will have been played and the we will know by then what the true price of the share will be.
There is not long left until we find out if ODX will have a test to manufacture so when the SP reaches £1.20 off the back of FOMO or RNS confirmation then all the the people who are invested and have been having second thoughts or have spent the last few weeks/months or years in a blind panic and stress because they believe they made a mistake investing and believe they will lose all or a part of their money, they should just walk away when they are evens or up by single digit percentage as it makes no sense at all spending all of your available time writing messages on this board in the hope that you will be able to affect the share price in a either direction.
The only thing that moves the share price in a meaningful way in either direction is mainstream coverage or in Reddit’s case a group of guys who all share the same goal and ideas and want to be part of a movement.
You will not be able to encourage a movement on a message board like this.
Your rants and ramblings will just get filtered and you will be ignored.
You would be better off creating a following on any of the social media platforms where you will be able to attract like minded people who share the same views and if your lucky, you will create a movement where you will be able to influence change.
It just won’t happen here.
I am going to continue to hold onto what I have, I have zero interest regardless to what the news is to day trading the SP as my strategy is to buy/top up into the dips, bit by bit, piece by piece in order to be in a very strong position when the RNS eventually drops with the good news.
https://www.mirror.co.uk/news/uk-news/breaking-oxford-covid-vaccine-found-23530252
ODX is not yet in the mainstream, it’s not a household name but soon it may well be with television news coverage, articles in the national tabloids and other newspaper publications and magazines, there will be a campaign led by central government on a daily basis stating the test are safe and accurate, ministers will be pushing the agenda like they do with the vaccine program, more people will flock to ODX, we already know that there is an increase of every day people becoming retail traders who will talk and review the share on social media platforms, you also have the II investors as well as government chums who will buy as they will think they have a bit of insider knowledge, all this won’t happen overnight, it will be a process.
It’s natural to see people taking a profit as they may have made 40-50 percent profit on their investment, the same people will buy again as you can’t just walk away completely.
All I know is when I woke up this morning and saw the RNS, the feeling I had was regret that I didn’t buy more shares earlier in the week when I had the chance and the first thing I did when the markets opened was cash out of another share I was in and bought into ODX at 1.06, I bought in at 90p and 69p previously .
I will hold onto my shares with both hand as hard as I can because you can’t always predict when the SP will start to sky rocket as it can everyone by surprise and when that happens you can have trouble buying in for one reason or another.
You do what what you feel is best for you.
GLA
Maybe ODX may play a big role in testing when it comes to the Scotland area as they have bases up there and it would make a lot of sense logistically.
2 million tests a week is more than plenty to cover the area and to provide additional support to the north east which is a major market.
In regards to the FT, it’s a very credible publication which would have been well aware that the piece on Sunday would have had a big impact on the share price, the way the article was written was very factual, it did not come across as a speculative piece, a wait a see, they shouldn’t be putting out articles like that unless they know for sure 100 percent, it’s no different if they do another story and say Elon Musks is is looking to buy three companies and they name ODX as one of them and then it comes out not to be accurate.
I really do hope there will be more news on its way to provide further clarity from ODX.
If you are in any doubt about the manufacturing or the sales side of the business, just google Alex Vergopoulos, there is not much he doesn’t know about this type of business, he is very well connected and an experienced guy, he has been tried and tested at every level, he is not a poser, he is pure substance.
I am extremely confident in his ability and believe he will bring a lot to the table.
WORST CASE SCENARIO - It drops to 2p or even 1.5p the warrants get approved, we don’t get the 5ply CE.
Does this mean the company is finished, it will declare bankruptcy and fold up.
NO!
All it will mean, it will just take longer than expected to reach 4p/6p/8p plus.
If you are not already invested then just walk away,
if you’re in profit or you have broken even just walk away,
if you are able to swallow a loss and don’t want to tie up you’re capital then just walk away.
It’s not something I will be doing, if it shoots up past 2.7p then I will be in profit and if it drops even lower to 2p then great as I will look to top up and possibly lower my average further to 2.4/2.5p and just sit back and wait to see how it all plays out in the coming weeks or months.
The share price is cheap enough to get back a very decent return.
Does everyone on here understand how market makers operate? And the reason why they shake the tree to get shares?
The market makers set the buy and sell price.
So if MR A sells his 100 shares at 2.6p
MR B will ends up buying the 100 shares at 2.8p
The market maker earns 0.2p from the transaction
The share dealing platform ( I use Barclays) make their £6.00 for the buy and sell.
But if we all now hold onto our shares and refuse to sell as we know the share price is due to increase and we all start topping up and more and more new investors turn up wanting to buy shares.
And there are no sellers looking to offload theirs shares, the market maker will have to go into their own pocket to sell us the shares which means they don’t make the commission and when we then sell them back the shares after the price increases, they may have to rebuy the shares from their own pocket if there aren’t enough buyers and again make no commission plus they take a loss.
So it is in the interest to keep the share price as low as they can in order for them to pick up shares from stop losses and from investors who panic and cut and run as they will know they will have to fill a big buy order soon and will need as many shares as they can get.
The UK, Europe and the rest of the world will need disposable masks all year round, they can’t keep relying on China, it takes too long and creates a large carbon footprint.
I believe we will get the 5ply masks certified.
And if we don’t then I believe there will still be a demand for the 4ply masks.
The company is not just going to give up if they don’t get certified and throw the idea in the bin and will move on to making shower curtains, they will make the necessary adjustments and try again.
I am going to hold and wait.
The market makers are in a desperate scramble for shares.
The students involved will most likely be very ambitious and motivated, they will want to play a part in saving lives, they will be able to spread the word via the uk student body network and from there to the rest of the UK better than most, they will want this to desperately succeed.
I believe they will do a fantastic job!
Congratulations, I hope you made a bit of profit, I am going to hold and wait as I don’t want to try and day trade it and end up missing out, I have managed to get in on a good price and want to ride the big wave when the RNS comes through and if the price goes back down then I will top up some more when I get paid tomorrow, this is going to be potentially life changing if it all pans out.
We don’t know what the terms and conditions were in his employment contract from years ago or what had been agreed would be best thing for him to do when he stepped down, you have to do the right thing and sell up, this would be the proper etiquette In order to leave on good terms as this will help with future job opportunities at a high level, otherwise if he had held on to his shares he would have an advantage over the rest of us due to his insider knowledge which would have looked more shady and as the industry is heavily regulated no other top company would have touched him as it would put their brand and reputation at risk of unwanted attention, it could also been a possible conflict of interest in a future job.
Don’t worry or read too much into it.
How much lower do you reckon it will go, 2p? 1p? And do think it will just sit there for months and months on end? I don’t think it will.
There is a ton of news/updates to come which will drive the price up.
I would absolutely love a chance to top up at 2p and would kill to top up at 1p, I would be set for life if I got in at 1p, every penny would be a double up, it’s the stuff of dreams!
The purchasing of the machine was the reason I invested and if all goes well, they could start manufacturing surgical gloves and gowns down the road too, a one stop PPE powerhouse based out of the UK, no more having to rely on PPE from from other parts of the world, it would also reduce the carbon footprint, I will continue to buy as much stock as I can as the company’s future is looking very bright and in 6 to 12 months time the share price could be in the £2 region.
Just look at where the FTSE 100, Wall Street, S&P and Bitcoin were just 10 months ago when they had bottomed out.
RMS is as close to the bottom you are going to get.
I can only imagine what the Friday open price will be!