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Day after day goes by, the same people telling everyone it's going to happen tomorrow, next week, soon. Any view that stands as negative and you get the old research argument. Yet the fact is the share price is doing well to hold at this level when there are no news updates, no rns to confirm orders and no government indications that odx is in their plans at present. So the wait continues for what could be months. In the mean time the same circular debates will continue due to total lack of news.
There is no way this government trust the people, so approval for public use isn't going to happen anytime soon. It's more likely the 14 feb arrives and it hopefully will unshackle ODX from this government and instead to customers around the world who don't have the same issues as here in the UK. ODX should be higher but until ODX breaks free of government this share price is stuck... all in my opinion.
until odx break from the shackles of the government control and go and sell the test to countries around the world. It seems that the 27 countries that were recently mentioned as possible targets to sell to is where the opportunity are ODX. 14 Feb is where this option should be available as it seems that the government and MHRA are clearly unwilling to approve ODX test for general use in UK.
Exactly, there are a few people on here who think odx can do no wrong and filter anyone who doesnt agree with their point of view. In reality unless odx can show orders soon then this will be another gdr, a lot of promise but no results. Its delusional to assume everything will work out just because colin says so. The share price is holding well considering there are zero sales at present. Common odx let's be hearing of orders please.
No sales to get excited about, no indication when this will happen, home test kits are not being rolled out by the government as it doesnt help with their strategy. Only sales will move this share price. There isnt much volume of trades and the chat is going around in circles. This share is going no where without confirmed sales and orders. There simply is no other reason, people are not going to buy into a company that isnt able to sell its product...
Lovejoy22 - Confirmed sales is the ONLY thing that will permanently move this share price. Nothing else. Everything else is noise and those who want to refute that well.... look at the share price now, look at the share price over the last year, 60 is good at the moment, when sales are confirmed then we can start seeing this rerate but at present on current news people should be glad it is holding at 60. If you don't like that message tough, the share price action over the last year says everything.
Most of the rampers are desperate people who are well under probably from when this share was over a £1 and need to recover their losses. I've found over the years that most who are like this while not having much money in play to them it is a lot of money and they thought it would be easy to make some more. The MM are always delighted by these people. Remember 90% of new traders lose 90% of their money in the first 90 Days!
Odx needs confirmed orders plain and simple, everything really matters not, if there are orders this share price will get a rerate, while there are no orders the general market isn't interested in ODX, it's only the geeks here who are blinkered.
Where is the evidence tech transfer expected to be done in days. Oh there isnt any factual evidence to back up this claim. It's just what you hope is the case.
fourfiguresbull, you have summed up the concerns well. Unfortunately like most AIM companies your concerns will not be taken on board. The board of ODX and any other AIM company are earning money no matter how shareholders suffer. In reality the concerns you have put forward as a shareholder are NOT important. The directors of these AIM companies continue to make a living and don't care about shareholders as long as there are shareholders around for the usual placing requirements. If you trade or invest in AIM stock it is foolish to believe for one minute that your concerns are those of the directors...
What is there to explain, this share is doing c**p considering we are in a pandemic and it is suppose to manufacturing an device that is required for testing. It seems to be doing that but problem is it is all dependent on other parties, the main one being the government and we know from last year the government seems to have more confidence in companies with mp's or former mp's on the board. ODX should have been openingly selling the test kit by now but they are not, yet another company is selling the test kit. So ODX are not in control and if government decides in the end not to bother and stick with what they already have then the only hope left if that ODX can sell abroad.
Not that it matters but I do have shares in ODX and they have gone in the bottom draw.
Yet the shareprice remains static and the company is at the whim of the government. It's just overhyped liked so many of the covid stocks.
Since ODX seems stuck in this price range just how long is it going to be before something happens for this company. It seems that for all the talk ODX is going absolutely no where fast and in 3 months from now it will still be stuck in this price range. In reality it is just another overhyped covid stock which isn't going to deliver for the shareholders.
Haha you made the insinuation of what shareholders have done. It is your responsibility to back up your claim with evidence. Not to tell others to validate your view. Either provide actual evidence or your statement is invalid and misleading and will be reported.
Haha... can you show evidence of the statement that you are making about the shareholder behaviour. Please address every point you have made with evidence.
I have to say in all the years of trading I was shocked this morning by the rns released by the board. It should be reminded that the board of directors job is to bring value to the shareholders. Instead rms shareholders get that appalling rns.
Having read Dr Cave rns following rms rns today i would imagine shareholders will be on Dr cave side simply for being insulted by the ram rns. The shareholders will be made up of a diverse group of people from all members of society. Insulting the shareholders because they say things you do not like is simply burning the bridge and Dr Cave will have gained even more support because of this.
There is a mask that can save lives, that should be the focus. I just hope that is why RMS board invested in the brilliant research done by Dr Cave.
Ita interesting to see today some posters appearing trying to question dr cave motives. It's right out of the play book of yes minister. I suppose it took those behind the scenes a day or so to come up with this subtle attack. Either way the pi of rms arr ****ed the directors are just taking the ****. The warrants were not needed and it's just greed at the pi expense.
It's called the MM helping out their mates. Will have taken them half a day to sort out a plan to save their pals.
Given the sentiment is it possible we can raise an EGM and have a confidence vote on the current directors. Frankly their integrity is in question here.
Years ago i held solo oil. The pi were not happy with how things were going and through collective effort were able to have a meeting called and get the directors to change direction. It actually resulted in some real change even if long term solo never did live up to expectations. My point here is RMS pi shareholder feel two directors are taking advantage of their position. Dr Cave given his statement also believes this being the case. Dr Cave have given the pi shareholders a focal point so the pi are not powerless in this instance. Use that power that has been handed to you, it will make a difference.
http://www.rns-pdf.londonstockexchange.com/rns/3436J_1-2020-12-21.pdf
I have a position in this stock, I believe there are some positives that make this a favourable one to hold. My one concern currently is just how exactly they are going to get the machine over here quickly. I don't think it will arrive this year to be honest. Have you seen the lorry queues in dover, air flight is shutting down to the uk and the channel tunnel is now closed. So yes I do actually think there will be a delay RNS at some point in the next week or two. Hope I'm wrong but things are working against us all here. Oh and please I don't wish to have to derampers following up with them casting the whole of RMS down. I just believe there is a temporary problem which will come from the machine delivery time. I'm fed up listening to the usual derampers, they must have had no attention as a child to be looking for attention now on a bb, some of you are seriously sad individuals who need to get a life.