Member Info for teabiscuit

Wow what a terrible rns that is. They have basically said they can't sell their product at the price they can sell it for in india. It means with the license they still cant sell. Sorry for those caught on the spike today. Naughty mm

Lowest price in 52 weeks, short term price recovery target 33p.

After all the negativity recently spoken about with rms the actually company have been sorting out an deal in India and sorting out sales and distribution. Well done to the the team, they are a small group of people and to have managed to complete this milestone is a good step in the right direction. It's a small order but it has opened a sales channel which is the main point. Let the city boys and shorters moan and grown all they like, this is a significant milestone for rms.

You must have bought heavy into odx aberdeenman. I dont think you are a ramper, I just think you are desperate. I've also seen it all before on Aim but I'm referring to the few desperate people who just ignore reality and say it is going to all good. The fact is, for months you have been saying this is good, if people have listened to your advice the fact is they would all have lost money. Odx has a big problem, it's not selling the tests that have been muted for literally a year now. The government have been in no rush to choose other test for covid. They probably have nice juicy contracts with the current suppliers that who knows maybe benefits them. Odx is in waste land at the moment. This will drift down and then have some spikes but the overall trend unfortunately is downwards. That is fact and clearly can be seen in the data. Sorry if you are suffering a big loss here it was looking very positive for odx a year ago.

I know they have had some sales via amazon including my own. The masks are 4 ply and comfortable, simple packaging and have 10 to a pack, they have last well. They are on the expensive side at the moment so for public use they are going to struggle for large sales as joe public will just pay the least amount every time.

Rms is still in its infancy, and in the last 9 months has gone through a lot of crazy times. Still the IP for the company is key and nano has a lot of applications which rms will have opportunity to test different markets with.

The city have just sent out there usual boys to deramp and the others are impatient the company hasnt already made them millionaires in a week.

Looks like the usual city boys are throwing in the deramping comments. Rms is still a company in its infancy. But the markets will play it.

@Jenny --> Geez, have some patience, it will take a bit of time to clear the shares that were dumped onto the market by the large seller. A steady rise back to 7p would be best for all shareholders, not a sudden rise where traders then turn up and there is no stable price. We want stable steady rise. If you want fast changes go invest in crypto.

Is it though, this has been said for such a long time now. Literally I think when contracts are signed and delivered for odx it's going to seriously disappoint investors. Relying on the government has proven by many companies to be high risk and furthermore throughout this pandemic there are a lot of companies who should have done well but simply have not. Odx and gdr seem to both have had the same issue and only shareholders suffer, the managers and directors of these companies are doing just fine. They dont care about shareholders like most people want to believe.

After yesterday's over dramatic drop which did appear to be caused by one large seller this should now make a steady recovery. Just a slow steady recovery is what we are looking for, don't want to see any spike action as then traders appear.

Bit of a hit in price this has taken this morning but nothing that bad in the RNS and a slight overreaction by the MM, good opportunity for short term profit here at these levels. Level 2 is looking healthy.

Really, having read this board this morning there is a lot of panic going on from some. Why are you invested, do you expect things to always be positive and work without there being any problems. A lot of people who have complained this morning are complaining because it hasn't made them a millionaire yesterday.
The company have good IP, they are doing what many young companies do and that is find the correct channels to sell into. If you don't believe in the company then sure you should sell but to moan on this board because it hasn't made you loads of money at such an early stage of a new company is just childish. The rule is invest what you can afford to lose and be willing to lose. Too many only want the upside without the risk and then moan when some risk happens.

This has been oversold, it was not a great rns and will give the MM plenty of time to trigger lower stop losses. However the primary reason for the existence of this company is the masks. They will sell they just need to find the right channel, this takes time and they need experience in the market before they fulfil the wishes of some people on here. It was silly people believed that a brand new company with little experience would instantly produce 5 million marks per months and sell to nhs. If it were that easy we all would be doing it. Still a good cheap buy in.

Sunk cost fallacy comes to mind here if you are buying to average down. A year goes by and no sales of a product that is needed in a pandemic. . .

Knowing this gov they will probably just order more Innova tests. Why wouldn't they, they are cheap, prove to do the job the gov want, the supply chain is established. It is going to take a lot for them to change course especially now the vaccine program has really turned the tide on death rates. Odx has missed the main play unfortunately.

Its probably because the gov are hoping they will not have to order a test. With vaccine so far ahead now a specific test for covid isnt really going to a priority. Basically odx have been messed around and have missed the uk boat . The gov would rather use chinese tests as cheaper.

Only hope for odx is selling abroad but will they be able to compete on price...

really... so I state a view and automatically you assume I'm either a ramper of a basher. Go outside pal, there is a big world out there. What we say on these bb make no impact on the share price. Only the city determines the price.

We are heading towards June and still nothing of substance from ODX or the Government. I bet no one would be surprised if the Government never use ODX in the end and ODX is just holding the testing baby as such. Frankly with exception of NCYT for a fair time all the covid stocks have been played blinders by the market makers... Even in a situation such as covid the city make sure they squeeze out as much money from pi's as possible.

Best time to buy for long hold is when everyone sells, if you believe in your own research. Although RMS has taken a bit of a battering recently there is still a very good IP held by the company. Teething problems with Admin, yes, problems with an original selfish directors board, again yes but that has been resolved. Potential of many applications for the IP going forward , yes. So this if you believe in your research and it is positive for you is a great time to buy at such a low price.

Still no indication of sales data, still the government **** around and still people on here believe in rainbows and everything is fine. Reality is Mr market is not happy with ODX performance and it's right to see the share price going down. ODX simply are not returning value to their investors and before you snowflakes start replying with your usual sh** I do own ODX shares, I simply see the company isn't hitting expectations set. It could well be one for the bottom draw until next year and see where they are then.

The problem is people keep saying updates soon, RNS soon, etc etc. This has been said for month and months and months. No one on here knows when the Sales news will appear. You are all just guessing or hoping that it will be soon. What I do agree on is that Sales data is needed quickly to give the share price a chance to improve from where it currently is.