JUST BUY MORE27 Dec 2020 14:39
Greetings to you all...Like a great number on here, I have been a holder since May, when I got in early '50s..but I have bought shares a total of 16 times, to now become my 3rd largest holding in a SIPP of 6 serious holdings, including AVCT, TILS, SNG and GGP. Currently, my average is 65p and for much of my time, I have been underwater as well as in profit...So, based on my experience over a number of years, I do not know what price we will be Tuesday, Wednesday, Thursday or Friday or 4th Jan or any date, as the logic of AIM cannot be predicted..So many times this year I have read an RNS just after 7 am and though BOOM!!!!..only to see a share fall...Consequently, forget what the price will be in the future just accept that ODX is going to be a monster in the making with cash coming out of every spare pocket, draw or cupboard in ALVA...Colin will need to be certain his Fin Director is ready for the deluge awaiting them, as we all know Cash is King. Only when we have orders pouring in and cash in the bank will the SP begin to rocket in a way we all hope. Sure, we are in a good position as we find ourselves today but all I know is come Tuesday I will be buying more aggressively, because be in no doubt ODX in 2021 will make many of us very prosperous, for some more than you might believe.
Merchantbanker, set the scene over many months and he has applied a multiple of 5, whereas the industry average is 9, but I believe, when the big boys see ODX as a profitable company going forward, with regular income, there will be a substantial rerating, far beyond what many of us can imagine...IMO, nothing in terms of share price should be ruled out because whilst we have world class products and capacity, etc, ODX share price could explode, but be ready for that time, whenever it is. The only aspect I wish to suggest is patience will still be needed and ignore all the negative posters, who are now going to be desperate for your shares. Our time has come but make sure you have the time to wait for the next stage in our growth trajectory. Finally, can ODX multi bag from here,? Of course it can but whether it bags, 5, 10 or 20 or 30 who knows, all I know is ODX will make us all prosperous if we stay loyal to Colin, who is a Master CEO...BEST Wishes to all LTH's.LP