The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
It's called market maker games, if you think we are trading on a free open market then that isn't really the case. There isn't anything you can do about it. Just have patience as yesterday rns was excellent.
No you didn't get quoted that. Level 2 is looking ok. Nice try at a deramp....
It's actually a nice buy in price. This will be heading back to 10p today, the drop way over done.
Market makers have been holding the trades back last few days, today they are opening up and some decent buys come in since 11am. Happy to see this stay under the radar from day traders.
No evidence a major player has sold, this just needs a bit of patience, this will swing back up quickly when a positive rns is released.
sunk cost fallacy here, there is zero point investing more as there is no plan and no stable sales channels, lets see in a year where it is. As a guess this could fall as low as the previous .3 low.
sunk cost fallacy - unlucky this company has caused you to roll the dice, hope it works out.
It will just drift downwards over the coming weeks, remember sunk cost fallacy.... they have nothing to market, all the talk of masks to the nhs by investors was simply talk in reality. Come back in a year, if they are still trading then maybe it will be worth evaluating then.
It most likely will continue with the current set-up in place, why change it, everything is working well, so there is no need to introduce risk. If the government thought that by using ODX produced LFT it would save them money and time they'd do it as they always are looking for the cheap option. Somewhere something simply does not add up, that is why I don't have much belief that anything will change anytime soon for ODX, the Government simply do not play fair and it is the shareholders here who are suffering.
Will this drop into 30's today, with no indication the Government are going to suddenly announce orders it's probably a matter of when not if this drops into the 30's. For all those trying to suggest people are deramping, some yes probably are but be realistic and look at the overall trend of ODX it's heading back down. All the talk of tests being stockpiled etc is not resulting in sales happening. The issue around employee workforce numbers in ODX is questionable with multiple figures being suggested. It's sad to see so many invested in good faith but pay attention to the trend not to the desperate hopes that people are now clinging onto. The reality is, if you invested over £1, over 80p, over 60p you are now down and climbing back to those levels will need some exceedingly good news that of recent times ODX do not appear able to produce. Go on to all the haters who will moan about this comment but the trend is clear to see here.
Don't fall for the Sunk Cost Fallacy here, if you have invested a lot in here the way it is dropping it isn't worth averaging down. Just accept the company is not selling tests, there is nothing coming in, just outgoing for this company at the moment. There are other shares out there to put your money into, this one isn't going to be a 10X from here, last year was where all the real money could be made in this share, that time has passed.
They probably will not use it, it seems the Government is happy to use foreign LFT as they are probably cheaper and it doesn't seem to matter if they are not as accurate. At this rate I just can't see ODX winning any large deals, probably sell on the side but not the huge deal people were expecting over a YEAR ago. For those people who keep saying it's all going to be fine, you need to open your eyes to the reality that promises have been made for a long time now by ODX but the end result is a continual loss of share price, loss of shareholder confidence and a contract which the government simply is in no rush it would appear to deliver. Combine that with the communication style of ODX and you the reality is ODX have not delivered the expected value to shareholders. Shame but it has just been an also ran...
Quuet buying from people over the last day, as this is heavily under the radar at the moment it will be interesting to see at what point this breaks out to higher levels.
At these levels I'm surprised more people are not taking advantage of the price, I suppose this is off the radar for most people at the moment but there is plenty to be positive about in the near term, as always do your own research.
It just requires a bit of patience. Something that most people seem to be in short supply of these days.
Ah here is the classic deramper. So you plucked out the air a lower number without any actual analysis as to why. Just pick a low number and hope it scares a few into selling. Pathetic.
Your message is correct but we know they will not, some on here are obsessed, not just on the RMS bb, some on here are from the city who are trying to influence and some on here have zero idea how to invest instead they gamble and call it trading when really they are just hoping a number will go up. So all in all the bickering will never stop.
based on and what timelines are we talking?
Is this just a MM spike today. A sudden rush up on nothing... ? Need to be careful when a sudden rise.
Have you not understood what they are saying, they cannot sell the product in India because it's too expensive. They don't have a market in india to sell into currently despite the license. People buying into a second spike, mm easy days.