Member Info for Hedgefun

Sorry to hear that Warrington

I’m same, and I lost even more on GKP some 6 years ago, in similar circumstances as this share as in untrustworthy board members

It’s not for the feint hearted this share dealing malarky

Kate - You and I have had a bit of jousting on here the last 18 months

There is no ‘scaring’ or ‘decamping’ with this share any more

The proof is in the SP, there’s nothing anyone can say on here anymore

I’ve accepted my losses and so should you and everyone else

Hedgefun
Posted in: ODX
Posts: 261
Price: 48.00
No Opinion
7p12 Nov 2020 09:52
How long before back to 2020 February's 7p?

December? January 2021?

Turns out it was January, but 2022 :-(

"What else can be negative at this point."

No one could've foreseen DHSC asking for their £2.5m down payment back so I'm not ruling out any other negative!

Aliens could now land in Alva and I'd say I was expecting it

Lol, wish I could've put money on you posting again today! I would've cleaned up!

“The guy was duped”?

If it wasn’t him signing a contract that he didn’t know what it meant, who was it? Consulting lawyers? We’re they the same lawyers he consulted prior to signing the deal?

Even hiring Lansdown to broker deals is amateurish

The guy is a buffoon. If you can’t see the buck stops with him then you’re a buffoon too!

This will 100% go to a placing

DHSC will get a refund from their ‘deposit’

This is an epic swindle

COLIN OUT

#ColinOUT

Colin King HAS TO GO

THE FACT HE DIDN’T KNOW WHAT THE CONTRACT MEANT, COUPLED WITH THE FACT THAT HE DIDN’T EVEN KNOW THE CONTRACT HAD EXPIRED 7 WEEKS AGO???

And he’s entrusted with investors hard earned money????? It’s beyond belief

Still can’t believe he hasn’t gone

He should also be investigated

All the pumping for nothing

“After all, these are very busy times for ODX”

That’s fraudulent

It was only a month ago we were all furious at ‘only’ being at 50p

Strange old life we all lead now

#COLINOUT

If Colin had to consult a lawyer to establish the current status of the contract, then he didn’t know what he was signing in the first place…

He HAS TO GO… cannot believe he hasn’t resigned yet

“Gross margin down to 34.4% (caused by increased direct labour in anticipation of DHSC #COVID19 contract)“

Presume ODX have already started to lay off these new employees?

On the face of it, yes, could be, unleash the chains

But then the ‘exclusivity’ word in the DAM contract is the speeding ticket AGAIN

ODX, with their capacity, need another 39 agreements like that so has Colin scuppered it, yet again?

Wado - I warned in my ‘stand-by power station’ analogy that the GOV gave us a £2.5m sweetener at start of contract to simply be on stand by, should China let them down

The contract then PREVENTED ODX from seeking other opportunities because they HAD to have the capacity spare should the GOV need it. So hamstrung by an awful contractual agreement.

This is FIRMLY on Colin as CEO. He HAS to resign.

But one thing in his favour, in hindsight, was he did try to give us all a clue with the TESLA tweet…. We were just too trusting and didn’t spot the danger word

People tried to open your eyes as to what was going on

The only transformational thing here is the definition of a ‘derampers’

Hedgefun
Posted in: ODX
Posts: 248
Price: 43.75
No Opinion
RE: Eggs in one basket. 11 Nov 2021 09:57
You're missing the whole point of the GOV contract

It is there, as an insurance, in case Boris is let down by Chinese suppliers. Can you imagine supplies go short and the UK can't test the amount of people they need to?! British press would go INNNN! Hence the contract is already activated and in full swing SHOULD THE GOV NEED IT (which they won't), and ODX are 'on stand-by', as per GOV contract. And this is the rub, where the mistake was made, ODX cannot allocate production capacity to A.N.other customer JUST IN CASE the GOV come calling for their capacity.... So yes, eggs forcibly all in one basket

So the £374m was if it was activated on day 1 of the 2 year deal (which it wasn't), and run non-stop for 24 months. £374m divided by 24 months is £15.6m a month. Even if stocks of LFT get low and GOV ask ODX to bump up UK stocks, it may only be for ONE month while they wait for a container full of LFTs from China.

So the whole 'waiting for the £374m to roll in' is a myth and that's why the SP is where it is

Investing isn’t for the feint hearted

Might as well jump in with the ‘told you so’ crew

Been telling you all for months that the DHSC contract is a worthless ‘stand-by in case we get let down by Far East’ contract

At least Colin has come clean now

Wish you all the best LTHs in your next investments but I very much doubt we’ll ever see a BB like this one ever again. Toxicity on unparalleled levels. Maybe catch up with some of you on another board, take care

Presentation is a week tomorrow, Oke

Wado - When this hits 35p on 24/11, I'll need a 100% rise to break even. Tell me what's positive about that?

Or accept that, as an investor, I'm allowed to comment however I see fit?

Computer909 - I hope 'inexplicable reason' was tongue in cheek!

MONEY

It's always about MONEY.

'Oh yes please, approve ODX and their £3 tests quick so I can stop buying in from China at 10p a test' - Said Boris never