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Someone gradually selling this down… who could that be?
Might see an RNS later (?)

What a total mess! It’s almost laughable.
If the share dilution wasn’t bad enough they’ve also sold-out with the manufacturing capability going to a supplier of cheap LFTs - adding insult to injury!
It’s almost as if they’re playing a joke on shareholders right to the end. That CK even suggested the pre-production payment wouldn’t need returning, or that they could keep the equipment, was clearly delusional. Now it’s all “it was in good faith” and “we were let down”. Great business acumen! Intentional or Incompetence- either way it’s been one of the biggest ****-shows on the UK market for some time! Hook, line, sinker, fishing boat and all.
When will it ever get back above 10?… you can see some buying in now after a cumulative drop over the last few days. Some might even make a profit!!

Overdraft?
What school of sound financial planning teaches this?
The rate they’re burning through funds they’ll need their exiting balance just to keep the lights on.

…fulfil the obligations of paying the legal fees and refunding the pre-production payments to DHSC more like… about £2.5mil (exc. VAT).

It’s come a long way since Colin told us back in March about a “£374 million” contract. The naughty scamp!

B0ll0x…
Possible (likely) share offering of at least 100,000,000 at a hefty discount doesn’t suggest ANYTHING is in the background except remaining sufficiently liquid to pay directors salaries/bonuses.
Have to admit to once-in-a-while having higher hopes but this is fast turning into a BS Penny Pump and Dump Laughing Stock with only share equity for revenue.
Tremendous.

…exactly
He’s been waiting for an opportunity to re qualify the options deal to make it more favourable and no better time than beside otherwise positively-spun RNS.
If the board didn’t think it could hit 1.4-1.5 range they would have set the new (and adjusted the old) options to a “discounted” price. To set it at 1p suggests the pump will take it up further before any selling.
Other than that… it will just be more dilution as more funding will be needed, until any definite revenue can be made.
If you trade - buy now, sell at the pump.
If you’re ‘investing’ - wait for the drop and give it a year at least.

Set up a new company in December to syphon off share value through a JV deal?…
Volz UK finances aren’t that impressive (filings visible on Companies House site).
Nice deal for the directors.
Will be pumped for maximal profit. Maybe not to the scale of the mask nonsense but enough.
Share dilution dressed up as a financing solution. D’oh!
Might spike above 1.4 or 1.5. After that………

So- catching up with a lot of backstory and wider reading…

A bunch of people who previously orchestrated a sale of one company to another for $billions are slowly, one-by-one, being sentenced to fraud…?
Many of them now own £millions worth of shares of DarkTrace.

What’s the score here?!
Does nothing at all smell remotely fishy?!

Centrica SP risen 63% in past 6 months… BGH terrible customer ratings but energy costs going up and up, government subsidising/easing (as usual) keeping profits up. Look at Shell also in todays news.
Corruption and profiteering rife. The SP will keep rising as those in the know, know.
Happy days.

Patiently waiting for the next speculative pop-up and random SP hike based on nothing very much and lots of hype/wishful thinking… as this stock is want to do.
Wake me up at 2p ;-)

Pump and Dump territory for this until RNS filed for placings (or worse, CLNs!) to raise funds.
Don’t get caught on spikes!
MM’s can see the play… pull in some new naive retail investor’s thinking “this can’t get any lower!” with a slight SP hike then pull the rug.

The lottery of Strat Aero/RMS/ now Nanosynth is never-ending…..!Thing is- this can pop up for no reason quickly and unexpectedly, over 1.0 and higher. Speculation is rife!

The worst part is “Market conditions remain challenging and accordingly any issue of equity would be at a discount to the current share price.” which amounts to huge dilution if they have to raise several £million……
It also basically admits to nothing being on the horizon in terms of contracts or future revenue……sub 5p coming??

Brilliant…!
After saying in an RNS they wouldn’t need to raise funds they are blatantly admitting this was highly economical with the truth!
Incompetence or intentionally misleading?
The SP says it all however… no chance this catastrophe of a company is going to recover for months, if not years.
Shame. And shame on the BoD too.

PLEASE STOP

SP bottoming out at the 11 point? Non-speculative market value and a return to previous levels.
No mention on most recent FCA short list… recent Morningstar article. Avacta is on there.
So maybe if sentiment isn’t great, clearly no-one is actually betting against ODX.
…just need some indication of future revenue.

Interesting list from the FCA, reported in Morningstar.
DARK doesn’t even feature… so much for a supposed ‘short attack’ recently.
Catalysts lead to hope for a turn of fortune. Never know with Tech though, and in the current economic circumstances.

Parabolic opportunity…
No news, no real rumour.
Lots of speculation.
The best kind of play… let’s see if there’s another 10-15% first thing in morning.
If there is I can see a solid rise to the close tomorrow before the FOMO sets in for an RNS on Monday, with PR over weekend.
Seen this pop 100% on minimal substance.
One to watch.

Just another a-pump and a-dump…
…might have mentioned it before ;-)

Guess we should have known the only people who would make money out of COVID tests would be Chinese mass-production and their US/European handling companies who can box things up in expensive pretty packaging, stick on a QR code and hand them out through lucrative gov contracts. Hedge funds/banking and institutional investors in the know would have benefitted - none of these companies were available to the retail investor market.
ODX jumped on the bandwagon but woefully mismanaged the whole thing. Except for a bit of clever PR early on the truth of the matter showed itself subsequently with a failed contract, and only the BoD and a few enthusiastic pumpers would have played it right.
Penny stock on AIM… why are we surprised? ;-)
…can’t see much happening here unless there are any deals or the end of free testing provides a market opportunity… watch this space I guess.
Buy back in when it’s around 8, hope for a reversal to the 20’s?… might be a way to recoup losses. If you’re willing to gamble based on the track record…???

That is all they are, attacks. Should really be seen as a form of reverse insider trading.
1. Short a stock.
2. Publish a hatchet-job piece.
3. Buy the stock.
4. Repeat.

Fundamentals are still there. Patience is all.