Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Wrong, millions who want to travel especially on cruise ships"
Desperation. Name 1 cruise company ODX has partnered with..........
Forgive the pun, but ODX and all its clowns onboard have missed the boat on every single opportunity. Every major company who needs a LFT has a partner already in place with an approved product. ODX has 1 contract with DAM and that will go nowhere near to stopping ODX losing money hand over fist.
Define short term.
No orders so no need to raise cash. Big losses continuing. Enough cash to keep paying the gravy train wages short term. How can they raise capital when they have nothing and all sentiment has gone?
King Rat has jumped the sinking ship. Has he jumped on the verge of a big deal being announced? Don't be Silles. The rats left are there just to milk the wages until what's left in the bank has gone then it'll be finger pointing and 'Not my fault guv'.
ODX has nothing. Costs far outweigh income. Big losses in a pandemic! You really couldn't make it up. This is headed to zero and bust.
Ha ha you couldn't make this up! From a 'certain' UK govt contract, EU approval, and trying to get US approval they have now hired a stand in a Dubai conference. Porky Clown King's position is surely untenable.
Gerald Ratner's 'joke' brought down his company. He could never have imagined the fall out.
Porky Colin King's Tesla 'joke' was a deliberate and cynical attempt to destabilise the share price after their incessant ramping of big news coming after the May elections. It would be interesting to know what date the govt informed him that no orders would be coming and if it was before the late night Friday 10pm drunken Tesla tweet.
The porky clown King should be under investigation by the FCA and authorities. In May 30 odd tweets pumping ODX as great news coming after the May elections. No news came, instead shareholders were hit with the Tesla tweet that has seen the price drop from 88p to 15p. The porky clown King must have known the true position of ODX. He has failed to report to the shareholders. Also the FCA should be investigating if there was any insider trading occurring as ODX's behaviour stinks to high heaven. £160m wiped of the market cap following the Tesla tweet. That is £160m pensions and savings gone into some people's back pocket. Defintely 1 for the FCA to investigate surely.
'154 employees'
So on May 6th 2021 ODX was claiming 250+ employees.
So they've lost over 100 employees.
I would hazard a guess mostly manufacturing jobs have been lost over the last 8 months as the directors and support staff will still be riding the gravy train until the bitter end.
Any fool still giving the porky clown King any credit claiming he has been hard done by really needs to understand what that Tesla tweet was all about.
1st directors sold at 90p and confidence was hit and price fell to about 70p.
Then ODX pumped with about 30 tweets promising greatness once the Local elections were over and the govt/DHSC could announce big orders. Remember the tweet of ODX greatness and how '1 Colin King' was listed as an ODX asset and success.
The elections were on a Thursday. The price hit 88p in anticipation of the huge announcement of orders coming post election.
Instead there was a dump the Friday lunchtime 88p to 70p but price recovered. Who did the dump? Who knew no orders were coming or was it just luck? Who took advantage of the 88p when most people were holding waiting for big news.
Then.......
The porky clown King and ODX took the p*** out of its investors and issued the infamous late night Friday Tesla tweet. It was about 10pm at night. When has ODX ever tweeted at 10pm. Dont be ordering the Tesla's just yet was the message - in complete contrast to all the previous 30 tweets promising greatness Was it a drunken tweet at a party with the authorisation of the porky clown? It's bizarre for a company to tweet such a price critical message at 10pm on a Friday night. To do so in such a jokey Tesla manner was breathtaking arrogance. Monday morning the sp took a hit and its been downhill all the way since.
We know that no orders came and the price since the Tesla tweet has dropped from 88p to 16p. The positive ODX tweets disappeared over night. Theres been no fight against the govt. Its almost like they don't even care any more. Have barely sold a covid test in a pandemic and the porky clown is still pulling in his massive salary to add insult to injury.
No orders, money running out and the govt wanting £2.5m back. Another placing being rumoured but what will another cash injection achieve and who would invest in this donkey?
Last time I seen his bs he was telling everyone strong buy at a £1. Did he scarper with the directors at 90p? Any chance he was a sock puppet for ODX?
"Perhaps it's the landscape the companies are operating in rather than the capabilities of the staff?"
"A biopharmaceuticals company has halted sales of its Covid-19 lateral flow test while it seeks to boost its ability to detect the Omicron variant, wiping a third off the group’s stock market value.
Avacta said last month that its antigen test had been shown to detect the Omicron variant in patient samples in a small clinical study. However, yesterday it said that further laboratory analysis had indicated that the sensitivity of the test was reduced at lower viral loads when compared with previous variants."
Let's be real here - all the companies you mention have hussled their SP to way above it's actual value and cashed in to make enormous personal profits.
"Approval on it's way."
Approval for what? US will only buy off US big pharma. Only the Chinese can supply the quantities required by the UK. And soon the UK will stop supplying free LFTs.
The EU will not buy UK.
So what market does ODX have left? How is the DAM sales going? More BS from the porky clown King.
Flight testing? Most airlines have a supplier in place by now - and guess who is not allied to any airline?
Where is ODX's market? Factually correct answers only please and not the fairies and goblins will be putting in big orders soon!
Trying to spike a few more idiots. Only 1 way this is going - down, down, down. No LFTs and no LFT market. The Chinese have the market cornered at a fraction of the cost. As ever UK companies can not compete with the Chinese.
follow Van Tam out the door the free LFTs will be stopped and covid will be treated like the flu and we will all just have to live with it. Endemic not pandemic. The LFT market left will not be enough to keep so many UK companies above water. Even if they do get approval.
Shocking state of affairs but the insiders at all the UK companies have all made their money on the massive spikes and as ever its the shareholders who pay the price.
Whilst the porky clown King lives a life of luxury on his ill gotten gains.
Covis is virtually over. The useless clown couldn't make a profit during a pandemic - one can only imagine the future losses coming.
Plus the £2.5m the govt wants back. Its desperate BS to say that it's not owed.
Regulator UK - 'Ah - TalkRADIO... the home of Covidiots and grifters'
Ha ha again Regulator's mask slips. Such arrogance.
Let's not forget the the clown King managed to get this sp from single pence figures to £1 with a govt contract not worth the paper it was written.
A SP that the directors cashed in on with glee. Plus whatever trading was done anonymously.
They then trolled their shareholders late Friday night with the drunken Tesla tweet that has seen a slide from 88p to 18p.
King is not a donkey. He's played a blinder for himself and his cronies. And he's done it so well he can't be touched by the authorities. All is fair in love and war!
Regulator UK - 'Blimey - looks as though some of the trash is triggered by my post...'
And just to prove my point! :)))))
Dsaf - 'Regulator has a bit more clout than your giving him.'.......said the lemming as he blindly followed Regulator over the cliff edge.Seriously name 1 thing Regulator has called right. All I can see is he filters anybody who has a different opinion to him. That's hardly indicative of intelligence or a reasonable ability to listen to both sides of an argument. As for clout it would appear 18p, and assuming his massive losses, shows he has no clout whatsoever!
"Will any of the greedy shysters that stitched up UK business for their own personal gain, be held to account?!"
Consumers in the UK, US and Europe, including most on here, are all quilty of buying Chinese goods over UK based entirely on cost. China are a massive danger to the world and more directly to the west but the irony is that greed for cheap products feeds China and makes it even more powerful. Pollution, slavery, genocide, sabotage, corruption, etc are all turned a blind eye to just to make more profits. LFTs are just the tip of the iceberg so don't expect anything to come of 1 Scottish mp making a fuss for his fellow countrymen. Nobody is listening. The UK diagnostic industry combined could not get anywhere near to supplying 1 test per week to every person in the UK, never mind the 1 test a day required by many.
https://tradingeconomics.com/china/exports/united-kingdom
"I await the bounce or very good news gla lth’s"
Asher what very good news are you awaiting? And given ODX no longer has a govt contract to artificially inflate the MC what SP are you expecting upon receipt of your said good news?
"Will definitely be topping up if it does fall to 20p as this stock appears range bound between 20-35p"
On what calculations? Massive losses, weak balance sheet, reducing revenues and no UK LFT approval - and a clown King in charge who treats his shareholders with utter contempt with Tesla and there's only 1 Colin King tweets.
Oh and the govt wants its £2.5m back.