This looks to me like the MMs walked this down and stop losses are being triggered. Now look at the substantial buys being reported. The weak just gave to the strong.
buys showing
Excellent. $500m in equipment sales only, plus the drugs, etc. Roll on October for FDA. This as takeover written all over it in the next year or so. Multi billion pound company in the making and post covid demand will be even higher. Delighted I invested here.
The RNS we want is the one "expected in May"! Exeptional growth and recurring revenue streams. That should ignite the SP
Currently £133M Mcap. Mcap when orders arrive? IMO £300m plus. Buy now or pay how much later? That is the risk/ reward. I am happy to sit on my hands or buy more on drops if I can find anymore cash. Yes the wait is annoying but the rewards are great.
50 -70p ! A sale would surely be more than $150m so that would be around £1.20. I personally think EUZ will mine this with the $70m capex funded by mainstream lending and repayed within 4 years. That is why I am adding here. Bobby sorry to see that you are in a situation which no investor wants to be in which I would best describe as , "Damage limitation" going on your published figures, but one has to take action to avoid the situation you find yourself in and you clearly didn't act on it.
On a personal note I am hoping this drips below 10p as I will take another 1% of the shares in issue as a topup, around £49.7K buy. I added £7k last week at 11.24. The one negative I think here is the small holdings of LR and MC however one needs to live first, before investing and salaries are not high like some lifestyle companies. Maybe news will come before so I will miss out but there are so many opportunities out there to make money, but EUZ now ticks a lot of boxes. Forget the FCR days and move on. I know Oiltap felt wrong done by with the last placing but look what the placing was for. late 2021 early 2022 could be the making of a few individuals here. A 1% holding could make £1M easily. 19 bags Sir please!! GLA
not showing 11.2p fit £7080
Needs to be re issued at 7AM in the morning if CK has shareholders interest at heart. Many will have missed this. Who issues good news in the evening when the next day is a trading day? LOL
Erazzel,
We will get paid on time as per the signed agreement IMO. Why we need to have the first payment is beyond me or do you own stock in a debt collection company based in Georgia?
Confidence is lacking by some I think. This was 4.5p in Nov 20, and should be past that now with todays news. Anyway I have been here since Nov 2018 like a few more here and will wait for more wells, more oil, more gas, and more revenue.
Alaistair Ferguson didn't put £1.5m of his own cash into a slot machine! DYOR
GLA
ODX as a company, is not all about ODX, and what we can produce and sell and at what profit per test. Many posters here are drawn into this and using some realistic figures trying to envisage the future profits. I would prefer to think that there are many other diagnostic companies around the world which we could license them to produce our product for royalties paid to us. Then the MCap here would be multiples of where we are now. Royalties would be paid in different percentages according to the deals stuck with poorer countries typically paying less per test, but this is a pandemic so we need to accept less profits from certain countries.
Using this business plan would enable production to be as required. 30m tests per week wouldn't be an issue with the correct partners on board.
Last 25 mins. FOMO should see this close strongly. Upward trend for a while here. Still very undervalued IMO.
£19M. What is the true value? Once valued do the maths. Valuation will come in time and a short time at that. Sit on your hands and don't let the MMs steal from you.
Lucky me, bought yesterday. Won't be selling for 20% that is for sure. GLA
That is the problem here, or part of it. A lot of users don't use investegate etc for RNS's they just use LSE which at best of times is unreliable to say the least so many are unaware of the news at 7:01
https://www.investegate.co.uk/omega-diagnostics-gp--odx-/rns/uk-government-contract-and-trading-update/202102110701026952O/
L2 is looking strong, if buying continues we should see £1.05 shortly
The spread is crazy, hence low volume
New Investor Help, Quite normal for the company not say anything at this time. There are untold reasons why. We are still suspended so it would be suicidal to issue any positive updates via RNS with shares not able to trade. As for social media companies have to be very careful how this is used. One false move can have serious consequences. To put your mind at ease I have 10m shares and am not worried at all. (Up 610%), and waaiting for 10p for the magical £1m payday.
GLA
£300m mcap=20p ish. Results would have to be tremendous and strategy going forward would need to satisfy investors but achievable in time. The slow steady daily rise in sp is welcome at this time but we all know AIM rules and the last thing we need is another "Speeding ticket RNS", or this would have already gone past 2p IMO. With news due x 29, each anticipated rise should see a lot of PIs make significant gains. Patience is required here and nothing more, other than finding more cash to invest before the herd arrives which I am sure will happen at some point in the not too distant future.