Member Info for Dibs61

Covidopportunist- no director in his right mind would sell days before some kind of transformation al news. Indeed I doubt he could anywhere due to rules on insider dealing and market sensitive information.

That said it’s quite something to see blind holders defending director selling! You couldn’t make it up all the excuses here.

E_AL - quote:
‘By the way, William Rhodes never sold any shares before so nothing wrong with bagging some profit for once ? )’

By the way he sold a load six days ago too so yes, he has got form for selling. He basically doesn’t like to hold ANY ODX stock for more than five minutes.

Or more to the point ‘RegulatorUK’ (still can’t get over that user name lol) what will the board Uber rampers and evangelists make of this? Surely it’s a bullish signal? Just ANOTHER director banking his well earned reward for delivering virtually ZERO sales of Covid test products....oh well his ZERO shareholding’s dovetail nicely now with ZERO orders.

By tomorrow it'll be 6 days without a Hole 3 update. And the market still isn't getting interested. In this particular case no news is good news.

Some great posts this morning thanks all! Interesting what iceberg says about educating and exciting the market. I think up to now CB has been quitemuted and almost downplaying things in RNS’ updates to the market. I don’t think anyone could accuse him of hyperbole.

Clearly not even though market liked RIO results....

This is rather unloved atm

I wonder if Rio results will impact POLY at all today?

goinglarge - the bid opened this morning @ 94 and never went above 94 all day. You could’ve bought for 95 but not sold.

One thing is for sure, it's another Twitter pump. Watch out for that very toppy valuation now £174m MC with NO sales.

VERY large orders required here to justify valuation. Or this comes down again.

So, lets assume that CB is correct and its all about the size. And FWIW I think, from what I've read on porphyrys he's correct. The grades will take care of themselves.

But we have the rather bizarre situation that as there is no announcement they must still be drilling and therefore the width and size of the deposit is growing meanwhile the SP shrinks!

Not sure CB will be able to resist an update today

If ever you required evidence of the game playing that has been going on here it just manifested again. How could you possibly get a 10p drop in SP in seconds, a 5% fall! A price slam. It’s your Yankee manipulators.

I’d previously calculated the 150 review days were up in March. So I was a bit puzzled why AN refers to Q2 for decision. I guess I’m hoping he’s just trying to manage expectations/under promise over deliver (even though it’s out of his control of course).

Merchantbanker quote:

“Really never seen so much rubbish posted on here.

Yeah it's taken a long time to get to where they are today, but what they have achieved is incredible, from what they were this time last year. They are now max 6 weeks away from producing 2m tests per week, which at low end generates £10m profit a month, more like £20m a month by my calculations. The government contract is amazing news for ODX. It is clear whatever has caused delays and things to go wrong up until now, the production of lateral flow tests is just about to really kick into gear. Nothing can stop this. “

Well I agree there is regularly a stream of rubbish on this board but I suspect it’s not the ‘rubbish’ you are referring to. Still to see anyone counter my arguments.

You say what they have achieved in the last year is incredible. You mean raising revenues in the past year by how much? I’ll tell you how much. ZERO. You see MB it’s all about the bottom line. And that’s still well in the negative.

I am going to pin your paragraph above and bring it back to this board in 6 weeks time - YOUR stated timeline - and we’ll see who’s right. I am calling it now -still NO orders in six weeks time - and that is based on ODX’s information THEY have provided to the market. Your timeline is simply not going to happen.

Incidentally I think it was a let off that the SP only fell 5/6% today.

I see someone else mentioned orders flooding in in the next few weeks. Totally and utterly delusional. Read the RNS - the government haven't even identified let alone had a suitable test evaluated yet. And there are NO guarantees from this government. They were going to give Abingdon -, ODX - the 'RTC' HUGE orders for the ABC Rapid Antibody Test weren't they? What happened to those orders?

This is currently valued at 16 X Sales. So there is already a LOT of revenue priced in. Think about it. NCYT were, at least, getting big orders in the middle of last year and they only had the valuation ODX has already got WITHOUT any!

Oh god the delusion on this board knows no bounds. Yes that makes a lot of sense.... lol

I'm just wondering why a string of directors would sell either ALL or a chunk of their holdings when the company is apparently on the cusp, within a few weeks of company transforming revenue and massive government orders etc. The SP is going to be many pounds and yet they sell?

Doesn't make a whole lot of sense does it? oh, but no, silly me, they're just taking their rightful gains on the back of all these years of graft lol i mean why wouldn't they? Just a bit of 'profit taking' yes? *shakes head*

'pumping RNS' WHat are you talking about? lol.... are you the poster who said this wasnt going to do anything until end March and its since gone up about 15%

Yep someones been loading up for sure. And I really rather hope CB just lets the market stew now because the longer it goes with no news clearly the better it must be in terms of drill length and thus mineralisation.

mzzr - he said "or if there is material change." not change of material. I think those are two entirely different meanings

Some loading up going on here this afternoon.... Willem....?