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Delisting and a private buyout ? Capt talked about it before, but as the price falls, it gets more fessible ?
IMO he's not deluded, he knows exactly what he is doing and he doesn't care who gets carried along with his mis-information
regulator is busy telling us its all rumour when and he isn't walking around streets with a placard saying "only half-way thru a pandemic........."
I'm guessing Marik defines this as another 'rumour'
notes today's online speculation and confirms that it has conditional investor support for an equity fundraising at 5p per share and that it is considering undertaking a share placing to raise approximately £5m with an accompanying open offer to raise up to a further £2m.
Any such fundraising would however be conditional upon certain other corporate actions currently being explored by the Group and, accordingly, there is no certainty at this time that any such fundraise will proceed.
So a) market manipulation is disgusting
b) So Repulse are you of it, You took advantage of it by buying shares at the reduced price that you feel is a result of the market manipulation.
Got it
they confirmed that a placing will take place:-
"...Company may choose not to proceed with a fundraising until such time as conditions are more favourable. "
Note, they did not say may not proceed at all.
"I would hope and expect the Directors to be buying in with significant numbers - this was probably the only way they could do so without criticism"
Huh ?!?!?!
who would have criticised them buy at 50p or 40p or 30p ?
"BOD need to confirm or deny,"
What do you mean, they already confirmed just last week that they are in discussions and that there will be a placing, either now or when conditions are more favourable. What more confirmation do you need.
The next RNS is this regard will either be, "we have concluded discussions and we've decided not to do a placing", or it'll be details of the placing. Given sharephophets track record, and what the SP is doing right now, one needs to make a judgement on the probabilities of those outcomes.
Apparently there are several companies in the same situation. Walbrook have implied that no one knows what the situation is on the 10th, with a suggestion that perhaps the study requirement might be dropped.
"@TWatcher. You lost me at Pop."
If only it was that easy.
Pop Quiz.
Who lets a 55 messages "Omega buyout is coming", thread pass him by, one which talks about a valuation of £275M, without so much as a comment to the contrary, but then is in within 7 mins to respond to some minutiae about USFDA v FDA
Appears subtle ramping includes not responding to outrageous ramps but implicitly endorsing them by responding to other things on the same thread
yeah ODX, the company that took the social out of social media.
Meanwhile regulator is busy making up a placard to walk around the streets shouting "we are only 1/2 way thru the pandemic...."
For those that havrn' t notice, Marik is using LSE to try to drive clicks to his twitter account.
woodstock
"Merchantbanker was alright imop. Bit harsh calling him a ramper."
Really? ?, the day before ODX 25/11 1/2 year results he said on twitter:-
"Crazy to be worried about tomorrow:
All added value still to come
Increasing media coverage supporting lft usage demand growing
Likelihood results going to be better than most expect
Worse he can say is DHSC contract and self use approval still ongoing - we know that"
https://twitter.com/MerchantBanke18/status/1463558084538871818
He was telling people that if they were worried about the results day they were crazy. He said the DHSC deal would definitely still be there. The following day ODX basically told shareholders the covid dream was over, they were downsizing, the contract was dead.
He made unsubstantiated claims for what would happen the next day as it they were factually definite, that he had zero evidence to support, as proved 24 hrs later.
That is ramping. And its just one glaring example that is easily pointed to with undoubted evidence to confirm it.
He hasn't been since here since (nearly 3 months).
It seems to be just a think, there are a few sets of rose tinted glasses that do the round, some wear them for months, then disappear, only to be replaced with someone else who has borrowed them.
We've had some really dandies linke BigJock, Merchantbanker, Trickmatters, etc. Marik is just the latest. Funny thing is, his unsubstantiated ramping is really obvious, its not like he's muddling the waters with well thought out (but wrong), arguments.
Case it point, he is arguing that someone will pay £275M for a company whose capitialiation is less than £20M. If that does not get his happy brigade thinking about the other "arguments" he is making nothing will. I do always try to call out the bullsh*t when I see it, but frankly this guy has gone down the well trodden path that has been defined by Trump, and latterly Boris, just sow endless chaos and say the most wildest thing possible. "imminent = long term" for example.
Boris did well with his JimmyS accusation, straight out of the Trump playbook, lob in an absolute grenade with no merit, that'll change the narrative, who the hell is worried about parties in his house now, when everyone is talking about the lack of merit of the accusation. Then move onto the next one.
must be his spidey sense again
"As I said yesterday the market is basically saying prove it."
Pretty much this.
In that regard the Market is aligned with shareholders who have had jarsfull of Jam tomorrow disappear. AS has been said elsewhere, with a licence in the EU for both selftest and pro-use, and on the EU list of eligible tests for selection by governments, lets see what contracts ODX can now sign.
"For many destinations testing remains commonplace, unvaccinated people are often banned, mask rules are strict, and Covid passports are widespread."
Interesting that you left off the last bit that says "here’s the full list of them."
Did you even bother following the link that the paragraph referenced ? It links to an article from December 2020 that has just about every country mentioned as banning travellers from the UK, including france etc etc.
What is it with this selective fear mongering and people seeing a paragraph and treating it as gospel ?