Member Info for mikelma10

Yes, lots of sells are buys. Anything around 19.93 is a buy and 19.70 a sell. Poor form again on LSE.

What is reported on LSE and what the true market place looks like is different. The spread is very tight at the moment.
To Buy the cheapest is BERB offering 20.14, and to Sell the best price is WINS at 19.78. Don't t be fooled by the sea of red. The sells reported at 19.97 and above were all buys, as that was the lowest price on the retail market at the time.

Jim. On RMS the ask is 19.99 and the bid is 19.67 so quite tight. Those sales reported at 19.99 were actually buys.

JIm. We know there is a healthy pipeline of work into the future, and that demand for OO services is strong. From an investors perspective, announcing new contracts is just noise really, as is news on the spin offs (accepting other factors on retained ownership, etc). What we need to know is that there is growth in revenue or profitability, and where it's coming from, otherwise the share price will remain around these levels. I agree that the market dictates the share price and that confidence also needs to be there, but we're not dealing with crooked BOD. Their interests are aligned with all share holders. If people think otherwise then they shouldn't be investing in OO. I do wish Emotionally, Mr/Ms 50k sells would do one though. He/she has been annoying me for months.

Thanks BC. I think the reason the spin offs are zero value, and won't affect the MCap, is that they will be separate companies once spun off and will have have their own destiny, not linked to OO, unless OO retains a holding. It seems revenue is the driving factor for OO share price at the moment, unless the other factors I mentioned come into play.

So three times revenue (approx) gives us the MCap we're at, and would appear to be stable unless we increase capacity and add more contracts, sign Covid contracts, or get revenue from elsewhere. Otherwise we'll sit here for a while. Being profitable is a big bonus, and more profitable contracts would certainly apply upward pressure to the share price. DIM, Prep and Imutex, are zero value at the moment (assuming 3 x revenue is driving the MCap), but are free dividends for those that hold OO shares when they go ex-divi, with potential to grow big as separate companies. Seems to make some sense. There could be an argument made for more than 3 x revenue, possibly up to 6 in a rose tinted world, if we are viewed as a high growth company, or NASDAQ is beckoning, or we become a target for takeover. Is that a fair summary?

He did say that, and that there were other lessons learned too. I really hope we retain some of DIM as it could be a good source of new revenue for OO. I'm not sure if it is a good thing or a bad thing to set a closing price date for an RNS after 4:30pm for the free shares. What is the feeling of the board?

Citizen. We've been here before with this conversation. Let's say I currently hold OO shares, I will get my allocation of shares, and don't need to do anything. If I don't hold OO shares, assuming that the date of holding is set for a future date, I have two choices. I either buy OO before the holding date, or I wait for the spinoff and buy the DIM shares on the open market. If I believe in the OO story (which I do BTW), I'm probably a holder already in the company as the price is pretty cheap at the mo, otherwise I just want DIM shares. This is what we saw with Poolbeg. As stated. As they will be separate companies, the only thing that will move the OO price north, is something that will add value to OO only. Either an increase in revenue or profitability (I forgot to mention Covid contracts in my previous note). Spinoffs will not add value to OO unless a holding in the new company is retained.

HallsWorthy. Why would it move the price? Do you think Poolbeg moved the price? We know it's coming, so most will have taken a position if they are that keen. The only reason OO would move is if they announce they will retain some part of the company.

We seem to have settled at around 3x revenue. With a seller in the background, share are in plentiful supply. The only things I can see that will move the share price north are:
- Opening of a new facility or facilities to increase capacity
- higher priced contracts with greater profitability

Things that won't change the share price:
- Announcement on spin off for DIM
- Announcement on spin off for Prep
- Announcement on spin off for Imutex

There could be some movement if we see OO holding some of the spin offs, or an announcement of one of the products moving the the next trial phase, but otherwise, I don's see this changing. Com'on Cathal, give us something! DYOR

Oasis. For your assurance, was watching the big "buys" carefully on IG L2 RSP, and all were correctly labelled, so no issue with the "buys". Not much left at this price at the close. If you wanted over 150k in one chunk, RSP was offering above 24p only.

It's almost as if the Broker selling has stopped, for now. We could see a nice steady increase if so.

BeJesus Earache. What the fook are you talking about? Plenty of data is anonymised and shared successfully by just about every commercial organisation and government body. There's nothing new here, so why are you spouting such rubbish. Do you subscribe to QANON theories too? I'm beginning to have a few conspiracy theories of my own as far as your motives are concerned.

IG L2 RSP showing not much left at this price to buy, then a jump to 25p. Anything volume over 100k is already there. Could be an interesting day.

Good article overall, and an interesting closing statement in the NEMJ. "With SARS-CoV-2 continuing to cause major outbreaks globally and improved vaccination and treatment still necessary, the ethical arguments for human challenge studies remain compelling, despite the changing nature of the pandemic.".

Thanks. I know what a PME is, but wondering why. No significant trading reported, unless we get some big trades in delayed reporting. Hmmm.

We've just issued a PME RNS? Does anyone know why?

Thanks Mijead. It's good to debate good and bad, and learn from other's past experiences. Not many that are smart enough to trade, that's why I really hope you are right in the long run.

Mijaed. Unfortunately it is our problem, as what we want is the confidence in the share to support existing and new investors to buy. Continuous selling of OO stock, by "weak" holders or otherwise, makes it harder for the share price to recover, and gives it further to rise. More will now sell into good news. I just hope the damage done to investor confidence is not long lasting, and CF buying more is not going to affect the share price much if there is a ready supply or shares.

Matt. Did he give any indication as to how he and the team expect to recover investor confidence. I think this is shot to pieces at the moment and I'm struggling to identify how we can get this back. I'm beginning to think that only a takeover would do it as any news, no matter how good, just gets sold into. I'd be interested in knowing how we can get new investor on board with the reputation the share now has.