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.. CalderKate says 'royalty stream' once more this week, I'll top myself
Caley is the new Aberdeenman
Caley is the new Shredz
Caley is a dangerous man, if you’re stupid enough to listen to him
ODX will no longer exist by Xmas. Take my word for it. You’ve been warned. Gov are dropping NOTHING. Overdraft will be pulled by 1st October. Do not cry or accuse anyone on here of being ‘derampers’
Just read your history Doug, you're a carbon copy of myself. I've lost 80% of my original investment after being up 95%
So painful
I also agree this company is being stripped before our very eyes before folding. Seeing people 'average down' like moths to a flame is, quite frankly, laughable now.
"Let's wait and see, I've just averaged down further again"
Pouring more good money after bad! When will you learn Kate?!
No offence Kate but you're incapable of learning anything TBF
Moth to a flame
... for first time in a while, maybe months
Amazing to see the same people still arguing/chatting here, give up the ghost and move on with your lives guys, every day you spend thinking about this share is a day wasted. Take the lesson, learn from it and move on.
P.s Simon and Jag are the bottom feeders. Squeeze 6 more months out of the £200k/year salaries before insolvency and they write off their pitiful holding and move on to next position
IMO only
Read the signs, DYOR as always
This is going insolvent when the Gov take their £2.5m back
Everyone has been warned
"The SP will hit 41p this year once contracts get announced."
Streuth, LOL
Exactly, coining £250k+ salaries from the last fund raise before dilution.
Everyone has the chance to get out. If they don't, they'll look back at the cash burn rate and think with hindsight 'how did I not see that coming'
FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2021
· Cash balance of £4.7m
The net cash balance as at 31 March 2022 was £1.5m
CASH
BURN
With their current cash burn, I wouldn't rule out the next RNS being insolvency
Cash balance of £4.7m in November 2021
Cash balance of £1.5m in April 2021
So roughly 3 months left to find a miracle and the bubble does pop
That’s not even including the DHSC dispute which could bury ODX as a business
SMH
Throw the towel in and accept the loss Johnboi
The Directors of ODX sure have
Porky - Again, I agree, credit to the SH for not bending over
But as Oke has referred to, this BOD have a pitiful holding here so if it goes pop, they simply move on to another job
The SH here can’t just do that, some have lost life savings with no chance of ever getting it back. For that reason, principles aside, it would be best the company has a chance in the next 3-5 years to recover somewhat. IMO only.
Don’t disagree Caley, on principle alone
But 5% of something is better than 100% of nothing
Quite a bit of celebrating here, if the Gov win their battle to take back the £2.5m, there will be no ODX
“I think people will be surprised. Wed 15:15
With how quickly this will rise from next week.
Back to the 40's“
Diluting hell, people like this are so dangerous to the uneducated
When you think of the fundamentals of ‘a placing’
They sound, and should be, illegal
Waste money of extortionate salaries and bad decisions…. Just do a placing to go again
How? Just how?
GL to anyone still in, it’s never too late and too low to get out