Member Info for GreggsStottie

Everything is shaping up as per the plan. I cant get my head around why the sp is so low. TT rns in the morning?

I guess its about lack of orders and lack of II's on board...but they will come in time. A Novacyt rise would be very nice. Its a coming chaps...

Korda...the last 2 are to do...the 1st 3 items are completed...i.e. tech transfer completed.

This is great news!!! Everything is on track...

Production is currently c.500,000 per week, with the empty room being filled with machinery to get volumes up to 2m a week by April.

I suspect you have not worked in production? The length of time it takes to get machinery isn't a few weeks. they are not off the shelf like in Tesco's. The ODX team need to ensure the equipment is fit for purpose, has the ability to be modified to be flexible enough to move production to other products. The technical spec needs to be perfect. Getting to that point takes months. Then the company need to build them and ship them in a GLOBAL PANDEMIC.

Shipping of equipment in a lockdown needs special government approval - you cant just put it on a van and go. THsi produced delays, outside the control of ANY business.

Add to that...becoming a 25% partner in the RTC, agreements with Mologic....extension of Food Doctor....I could go on...

To say that the BOD have really achieved nothing in a year is very much misguided.

We will see who is correct in March...and look forward to seeing the FY report in June/July.

DAMNBUSTER NEW ACCOUNT TONIGHT IGNORE.

Really, selling SNG? I hold both, think it is best to spread risk....good luck though...i think both will do well.

Think both can do 10x plus. I do think SNG might do betterso will hopefully top slice at a nice high ODX value to buy more SNG.

The fact is that firms wont be able to buy in cheaper stocks as there is a worldwide deficit in testing production. So ODX will be able to sell everything they make. They could name their price on non government funded production.....

This will make ODX a very valuable firm......with the flexibility to make whichever brand or product is the best fit/profit.

We are very lucky to have the FT to help drop the price for us.....bargain basement prices, just before the big reveal.

As per the RNS, they are changing their tradig year (Jan to Dec. This means that they have to resend 2019 accounts 1st. 2020 will follow in due coures - I believe the company have confirmed these will be with us by the end of Jan 21. As they have only had costs I cant see the 2020 accounts being that onerous or difficult.

What is important is an RNS stating how many clients are OB.

GL all

I assume the £ signs should be ignored and that is pence...2.1p, 17p...?

I still find it very hard to envisage the sp here going into the £'s. I am a holder and would love that, however if anyone can shed any light on this it would be appreciated. Surely they would need thousands of clients to get there.

Greg22 - I feel for you mate. I have bought at 79p, 74p and now 60.4p over the last few sessions. Always good to spread out your buys.....I think you will be smiling in a month or so.....

Reality is 2m tests per week from April.....reality is an indigenous testing capability (which we are part of)...reality is £20m + profit per month from April....reality is that equates to c.£5 a share.....reality is a director has bought recently when he could.....reality is that he is now in a close period for buying shares.....

The share price is at or around the price a month ago...but we know a lot more about the likelihood of success. I have bought more, my final top up today.

Good luck all.

Well, thank god for that! I like many, felt a gut punch at 1600 yesterday. I saw the price drop to 29p and bought just before the BIG drop, I thought I had done well. I saw a £3k loss just on that trade in about 1 minute when it dropped to 14p....ouch. If it had been 1 minute later I would have got double the shares. I was kicking myself.

I spent the night a little worried, but BIG BOY pants were needed and thought it will be what it will be. So glad to see the RNS this morning. In reality, we can all console ourselves, but the market has no friends. We all need to stick together and keep looking for golden nuggets to support our investment decisions. This chat board is a mix of good and bad...but that's life. Thanks to all the good out there....we will get our payday in due course. I am still hoping for next Monday!

All the best...

Its a thing of beauty, however £2 is the start. I think given the potential profit in ODX £5 is looking likely i the medium term. IMO...

£2 in the short term...

Thought I would have to buy at around £1, to my surprise got another chunk at 74p, thank you to all sellers.

I am happy to wait for the incoming rerate....its like buying £1 coins for 20p. Brilliant.

...that made me smile.

To be fsir I take these messages as a great compliment. We have seen something well ahead of the market, and havd worked out why its so valuable. This is why we will make 10 x our investment at least in the next year, perhaps months.

This is why we invest in undervalued or oversold stocks. The opportunity is there to see in plain sight.

"Dont seem to be moving forward quick enough"

If you have ever been involved in manufacturing, you would understand that buying machinery takes time, especially new kit. You have a tender process and negotiations, you have technical meetings and a lot of collaboration to get what you need out of the kit.

In this case, ODX would have had to liaise with the RTC and the government to ensure everyone was on side. The technical stuff tajes time - you dont want to get that wrong as it would kill the chances of getting regulatory approval.

This is big decision stuff....c#ck that up and you kiss goodbye to hundreds of milions of pounds anx credibility.

Personally, I am VERY pleased that ODX have taken their time and got it right. That is what they are paid to do. I can wait for April, no problem. Not sure why some people get so impatient...need to chill out and remember that the sp will rerate very soon.

Be glad we have a diligent business...one that will make life changing returns for anyone in currently.

Good luck all...

Given the precarious position the world is in today, and whilst I agree with the £29 synopsis, I cant help thinking that IF we get an EUA from the FDA before the end of March, we will be in a truly unique position. I suspect with cash rolling in from stock piling orders, large pharma co's will be falling over themselves to get a piece of the action. However, we will be in a very strong negotiation position. My personal target is £25 a share.

With the strong potential to increase treatments from 100,0000 to many multiples of that, I can see £50 a share in the medium term. Getting this distributed across the world will require a large pharma or large specialist distributor. A distributor may well be happy to take a lower margin....time will tell.

For good reason...now Active 2 inclusion as expected. That will save us a fortune and get the 610 really rolling.

Cant help thinking the delayed trial was awaiting the early home trial results. SNG must have the early results ready now......this is looking very good.....boom time!

Sirius was VERY different.. They needed a huge amount of money to get to mining and they ran out of cash to do so. They were taken over for not a lot.

ODX. On the other hand will soon have huge capacity to bring in the necessary cashflow to make millions, hundreds of millions. They dont need hundreds of millions to cut a shaft...just to put in the bank and become very valuable.

Yes, if you have to, take profit. But I am waiting to at least the middle of the year before taking a slice.

At some point the bod will start paying dividends. This will be like a cash machine should they elect to do do that.

Just at the top of messages you can filter and you dont have to see any of these! Simple to sort.

Blooming annoying though...

Bancal, a good idea for reference! However, you could easily do this yourself if you have excel...a monthly or weekly valuation could easily be added and linked to a line chart. Simple stuff if you are desperatd to see if you are beating those highly paid banks.