Member Info for MIKODX

ODX cashburn is around 400 - 500K per month. They've now reduced their headcount to 170.

At last, for the first time this year we get a great RNS.
Good riddance, and dont let the door hit ya on the way out.

Have to agree with you Penniestopound. When I bought back in last year I knew I was taking a risk. It was the Govt contract that led me to believe the stock would do well. How wrong I was, should have followed by gut. Worse stock in my Portfolio by far, biggest loss has been made here, although my Portfollio on the whole is in the green. Money made in SNG, ARB, the old ZION, and DDDD have saved me this year. ODX has been the biggest con of the pandemic, so many broken promises, and a CEO who ramps the stock knowing full well nothing much is happening behind the scenes. I'll continue to hold because I can afford to, no point selling and taking a huge loss. CK is an absolute disgrace, how he sleeps at night is anyone's guess.

He was caught in a xmas party, while some had a limited amount of family relatives allowed to bury their loved ones. This chap has a history of being dishonest. What ever made people think that he would back British medical diagnostics company? H e promised we would have the best diagnostics companies in the world, but what he failed to mention was that he had no intention of paying for it. He was always going to go for the cheapest option, the Chinese tests. Get him out, lets not waste anymore time. Get in someone that will back British companies, and get his friend Colin out while your at it.

Pretty obvious this is heading back down to pre pandemic levels, in fact we're almost there, 15p incoming. Only a miracle will prevent losses here. Not sure when I'll be bailing out of this pile of s... but holding for now.

Nice to see this rising today. Long may it continue.

Holding firmly.

I think we've reached the floor, but with Omricon having a negative affect on businesses and Markets around the world, I wouldn't be surprised if this drops further. But with a tight spread and consistently good volumes, this should stay above 40 for a while yet. Good time to buy in.

To be fair Captain the whole market is down, not just ODX. But 18p really is mind boggling considering the fundamentals that were once in place. Unbelievable really, a very harsh and painful lesson.

When I first joined this stock, it had strong value. Now, it has a MCAP of 34M with 183M shares in issue. This one's taken a mighty tumble. 18p, I thought it would be at least 1.50 by now. Shocking.

Good find taskmaster, that's cheered me up a bit. Surprised it wasn't RNS'd.

MIKODX - This is not a share dilution, its a share split. In simple terms, today there are twice as many shares publicly available for this company than there were yesterday, but each of those shares started the day valued at 50% of yesterdays closing price.

Swederew - I was hoping you were right about the stock not being diluted, but I'm afraid your wrong mate. Proton's valuation has slumped to a MCAP of £300M with now 1,550M shares in issue. At this level it could be a very long time before we see the likes of ninety and a pound again, if ever.

It even detects Omricon, but the sticking point is......nobody's interested and nobody wants it.

Should see this tick up some more tomorrow.Too early to say this is starting to turn around, but for the ST it's looking positive.

Holding firmly.

It's a bit like when you bring your car to the mechanic. You don't know anything about cars, so the mechanic can tell you any claptrap and you can't argue it because you know nothing about cars. We need an expert in the chat that can decipher this antibody BS. I've been invested in three or four Covid stocks for almost two years now, and I have heard not once, anything about antigen tests having antobodies in them, not once. This is just a load of bull.

Looks like it will settle at these levels going into next week. I think we've hit the bottom and this is a good time to buy in . I wasn't going to put anymore money into this stock but if my other investments can start turning around as I fully expect them to, I will be ploughing some more in at these prices and averaging down. This will no doubt spike in the near future, but just like GDR I see 70 as being the absolute ceiling in the current climate.

All that hogwash Boris was talking about backing British diagnostic companies, was just some media showboating. When it came down to it they as usual, decided to opt for the cheaper option, Chinese tests.Even if one of these British companies came up with a test that was 100% sensitive, they'd still buy the cheapest test out there even if it was inaccurate.

I'm surprised there isn't more noise in this chat. Since the beginning of the new year the stock is starting to look quite bullish. Trade volumes are picking up, and the news that the MHRA are now in the process of approving E-cigarettes for medicinal purposes, have greatly improved confidence in the stock. It's ended the week well, and looking quite bullish for another good run next week..

Holding firmly.

Lamp tests are coming. Time to load up, you have been warned.

https://www.youtube.com/watch?v=QYJDudZXF7w

Dmash78 - Too much time on your hands have you? I'm sure the investors on here are big enough to make their own minds up. Your advice would be better appreciated elsewhere. Thanks but no thanks. Jog on.

Wish I could do the same but money invested elsewhere. Great price at the moment.