Member Info for TWatcher

"They sold the Alva site that did the covid work so won’t be doing anything else for abdx"

Indeed, but that was already dialed in. There was no certainty that gov would pay up ABDX for the order, even though on the face of it, ABDX did nothing wrong, and UK GOV took delivery of the goods.

So it's an extra income for ODX that could not be previously dialed in.

ODX never revealed how much they were owned by ABDX. As recall from the dim and distant past when the RTC antibody tests were going to sell in the billions, CK said they were providing the most important parts of the kits, but they were being finished/package by others. ODX supplied 250K to ABDX.

A guess of about £1M might not be far wrong. The useful thing as far as ODX is concerned is that their contract was with ABDX, not UKGOV, so ODX was not paying legal fees.

Its a useful income for ODX, and the shell suit crew have money coming in that they played zero part in acquiring.

"Absurd to why you 3 are posting irrelevant posts. Is overdraft being used, I'd guess no, so give it a rest please. Why don't you wait and find out instead of posting this and that to benefit yourselves."

If only I could learn to post relevant posts like the above :)

So now that the last gasp desperate fundraise has turned out to be an abject failure for those that took up the open offer (i.e. can buy cheaper now), where next will ODX get money ?

Is there any truth that ODX have just signed a major contract....any truth that its Gareth Bale ?

So that IG and Spreadex as substantial holders...both of them big financial spread betting companies.

Quality :)

You said

"Is there any truth about merging with Abingdon or maybe even buying them out or doing a deal as manufacturers for ODX?"

It is a question enquiring about the legitimacy of various things that if true could be positive for the SP. What you didn't say was that the list of things was made up by you as fanciful murmurings and otherwise based on absolutely f*ck all.

it's a common ploy by rampers, be suggestive that there is speculation of various things that will be positive for a shareprice, and then later deny it was anything other than personal conjecture.

Replace " is there any truth" with "I wouldn't be surprised if", and then you can be a mini-me regulator.

"Big jock who's now on the abdx board"

Really ?? LMAO, that's hilarious ! if anyone listens to him knowing his history of being a rampmeister extraordinaire they deserve everything coming.

be interesting to see links talking about a merger with ABDX, or ODX buying them out, or ABDX becoming a manufacturer for ODX. Without the links, one might thing someone was trying to suck new buyers in with wild unsubstantiated flights of fancy and portraying them as other peoples speculation.

Has Bigjock subcontracted to Kate ?

"Is there any truth about merging with Abingdon or maybe even buying them out or doing a deal as manufacturers for ODX? "

And rampy kate takes centre stage.....the final smack of desperation.

"Forgot to mention currently no overdraft. Good thing company with no debt Hmmm"

You do realise an overdraft is not the only form of debt, and in fact is debt of last resort ?

"Do you know then you pessimist."

LOL, you are asking me for an answer to Atanasoff question where he asked what YOU are expecting of ODX and what do YOU base this market cap on?"

Personally, I have zero expectation for ODX at the moment, given the overtly greedy and self-serving nature that I have seen from the board.

"The big question is - what are you expecting of ODX and what do you base this market cap on? "

To sum up Calderkates answer, she has no idea

"The Group currently has an overdraft facility of £2.0 million from Bank of Scotland. This facility is due
for renewal in June 2022. At this time, there is no certainty that the overdraft will be renewed or that it
will be renewed at the same level"

A Quote from the circular on the 13th of May.

Given the board mentioned there was no guarantee that the overdraft would be renewed, I guess it is now incumbent upon them to keep the market advised as to whether it has been renewed, or renewed at a reduced level.

^^^^^^^^^ WHINGE ^^^^^^^^^^

^^^^^^^^^ WHINGE ^^^^^^^^^^

"I'm not interested in the money", a rather novel investment strategy :)

^^^^^^^^^ WHINGE ^^^^^^^^^^

2 Hrs of trading, 3 trades, totalling £925

This share is well and truely f*cked.

"I would suggest PIs align to the BOD and buy at the 4p level........and exit at 12p"

To align with the board, that requires (in the case of JAG), to get 10 no cost share options for every 1 purchased.

Let me know how to align with that and I'll consider it.

^^^^^whinge^^^^^