RE: Is there anything positive?29 Sep 2021 13:48
Calderkate: "Why don't you sell some of your other shares with the money buy some more here at these bottom prices then your average must come down and then you can sell here quicker when it next rises above your average."
I can't speak for Mr India, but I will admit I've thought of doing this, and to a degree I have already done so (picked some up in the low 40s to help av down). BUT: I do not wish to commit anymore to ODX, and I certainly won't be selling other stocks to throw into this - the company's performance and comms to date don't warrant that in my view. And, more importantly, if you look at the chart of ODX over the last 6 months, we've had several spikes: In April, May, June, and the most recent in August. But on each occasion they have been less gains on each one, and they are coming further apart. It's a sign that investors are losing patience and growing more cautious about jumping in to any lift. Frankly, if there is no concrete development by late October then I fear Omega will have missed the boat on any UK production, and indeed the wider Covid opportunity. It really is beyond time they delivered.