Member Info for mafioso

* progress update

The fact that ODX were able to include and acknowledge Gov UK and PA consulting in their last tweet referencing FT article on UK LFD tests is a sure sign for me.

Also good that the company has listened to shareholder feedback and gave a pores update on where they are with capacity.

Slowly, but surely....

Pump n dump and profit take Fridays That typically the cycle with MMs and traders on no news.

We need aN early leak, that would be perfect for this set up

4-hrly charts are suggesting momentum rise this avo is starting to overheat. Hope we can hold above 150. Else Could be some short term profit taking Friday

Question ion is now. Given the article alludes to the fact that announcements of further UK companies in order led in LFD development will be “in coming week” are MMs going to sustain sentiment and momentum here In short term and maintain the sp support above 150 level or will they pump and dump until confirmation of deals are announced and then let it go

Hallelujah to that.

https://twitter.com/Manx41635220

DHSC will announce companies developing them in coming weeks

Just to change topic for a change I had a look at some of the top line stats for ODX, and noticed that it has 32m shares free float of 180m. This only repsrents about 18% shares available to be traded which seems pretty low for an Aim traded stock

https://markets.ft.com/data/equities/tearsheet/summary?s=ODX:LSE

When I compared to other equivalent biotech peers on Aim the free float % was much much higher Eg. > 75%.

I’m pretty sure Sneller sold all his holding pre Vaccine news, so who are holding these large shareholdings now? Do they IIs invested?
. Also with such a low % of share available as free float, isn’t this more vulnerable to Mm manipulation?

Any views welcome on this.
M

Still don’t understand why they haven’t announced a date for GM to pass votes on warrants.

They have to give a min of 2 weeks notice from announcement on RNS anyway to hold it, so this is now into early Feb at least.

Wouldn’t this just hold down sp until these votes are cast?

I would have thought they would have wanted to get this voting out of the way ASAP plus they have always held their AGM in early Jan in previous years.

Disposable masks will also st certainly be the requirement in NHS and other professional medical settings to meet the highest level of safety and hygiene protocols. The the risk and cost of laundering and recycling re-usable masks doesn’t make this viable given the price point of RMS dispoaable @ 1 euro a pop.

In a gerneral public setting, there may be some argument for using re-usaebale those that only use masks for entering shops and are lazy and Prefer a one off cost option to tighten on costs For using such items over an extended period ,
But I still think RMS has strongest proposition for an anti Covid mask in all segments And some people will still probably re-use these masks anyway even if they aren’t designed to be.

Charts are showing strong support at this level on 50 day MA.

Thanks Sunshin

I was in GDR at one stage and took a 10% loss when invested at 90p level after first spike.

Logic tells you that with £15Bn govt investment in test & trace in 2021, surely at least one of these will get a piece. I haven’t been overly impressed with CEO @ ODX, but given that I see these Covid plays as almost selling snow to eskimos, surely the time is nigh to prosper

Given the fast track model now in place for Phase 3 trials any feel when first data results could be available

I’m thinking April or latest May, but many are saying early summer which I feel is a bit late given global emergency. Any thoughts?

Anyone here invested in ODX / Avacta?

Im praying for some contract news on these govt Tenders. Been invested since April, with no previous experience of bio tech stocks, and never been through so many ups and downs....

Many Thanks guys for your input. Very useful info.

A breath of fresh to see a BB board like this one, with honest posters willing to share advice and info. Wish they were all like this one on LSE

All the main topic boards I’m invested in are just too intense with a lot of posters with manipulating agendas.

Thanks again.

Typically when you can buy and cannot sell, it would suggest that a large sell order has been placed early doors and all the early buy orders are used to fill it.
The sp normally drops in this scenario until big order is filled and normal trading resumes. Today it seems buy volumes are pretty low, so filling sell order will take longer and thereFord sp drop will be slower.

This is In my experience of witnessing this trade behavioue

The so gradual

Trading volumes do appear very low today so far.this morning Perhaps attentiom has been turned elsewhere for MMs today

Looks like a big seller in background. CanT sell a. bean at any volume but can buy @2.41