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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^^^^^
another post from calder "never knowingly expressed an opinion on ODX" kate, whose entire posting history is committed to being critical of other posters.
No comment about the directors, no comment about the company. Just whinge.
"Am I reading this part right"
The part you didn't read is that if they just sit there, in 2 years time chris Lea gets 1M shares handed to him and Jag gets 1.2M handed to him in 3 years time. And of course they'll have had 2-3 years salary, all nicely paid for by the recent fundraise.
I see the directors are now tossing out shares to themselves like sprinkles, some of which they get just by hanging around in the shell suits. And the ink is hardly even dry on the fund raise. In my opinion its an absolutely terrible sign of priorities and ethics when the first RNS after a "fall over the line" fundraise to save the company and day to day employees is one that announces mass distribution of free share options to the directors. To hell with concentrating on maximising the money received for the sale of CD4, lets ensure our own pockets are lined regardless.
Specifically, for Jag it was a case of buy 500K shares at 4p, and get nil cost options of 5.9M, yes that's right 5.9 MILLION shares.
In total 14M shares were just allocated. For comparison, the recent fundraise managed to find mugs for 5M shares. At least we are now clear why the directors invested such derisory amounts in the fundraise, why commit anything beyond the absolute minimum of your own money when you have a plan to gift yourselves millions of shares options.
I note nothing to say that this is the only issuance of such shares for this financial year.
"Something is known by someone"
Jag just bought 500,000 shares at a cost of £20K
Jag sold 200,000 shares in Feb 2021 @ an average 87.28p, raising around £174K
So he just bought x2.5 of the shares he previously sold, using only 10% of the money he had raised from the prior disposal.
Nice bit of business.
"upward pressure"....someone bursting zits ?