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Well, that didn't take long, did it? Approx 1 day ... And now we've hit an all-time low... incredible.

I bailed out of other biotechs (POLR, DEST) when I could see the funding story overwhelming the narrative, taking a loss in the process but saving myself a packet as things turned out. For some reason though, I didn't do that with RENX.... seems I have a special liking for this company.... totally misplaced lol

The AIM market. What a rollercoaster it's been! I remember how in 2020/21 it was like shooting fish in a barrel. Everything was working. You try to stay humble, but you can't help starting to think oh, maybe I'm really good at this lol lol lol. If someone had told me around September 2021 to steer clear of AIM....how much money would I have saved? I don't want to measure it. Scarred for life but hopefully a better investor!

My own take is that with an ageing population, pressure on curbing migration and a desire to finally increase productivity, automation and robotics have a secure future. The problem is it's a very long term trend and I really don't know if OCDO in particular will prove to be a profitable way to benefit. Plus I am too old to be that patient. However, in the meantime, OCDO is a volatile stock, subject to sentiment, bid rumours and the like, and, having just bought for the 1st time this afternoon (small position), it is this latter way that I hope to play it.

Do keep up Jumbo...

Don't think anybody's been tipping this at two or three bucks - not for a long time anyway!

Meanwhile, back on planet blighty, the sp declines to 12p.

Fancying a 3rd top-up, lol!

Ah, to 'move on', SB.....one can only dream!!

If they fail to comply and are forced to leave Nasdaq, why can't they offer a facility whereby the US ADRs are converted to UK shares? Americans can hold UK shares, last I looked. I mean it's not ideal and some US institutions may have rules, but surely it's better for Americans than being faced with an OTC trading situation? What am I missing?

It feels like pre-destiny with RENX that we'll end up somewhere near the 10p lows. Not sure there's much buying pressure coming from our American cousins atm... lol.

Management must be under immense pressure to get a deal done.

Apologies if this is old news, but I note a couple of TR1s, including one released after trading yesterday, showing Harwood have been selling. That can't be a good sign, can it?

Yup, I think that is about it. Had they been the house broker, then it regularly happens that the house broker is used as the mouthpiece of the company to impart info and views in between RNSs. I've known house brokers to downgrade expectations in advance of a Trading Update, so that the company in question is able to say they 'met expectations' even though the results are sh*te. Not the case here, as Valueplay has said.

Question. Is Morgan Stanley the Corporate Broker for OCDO? If so, the downgrade makes perfect sense and is a regular ocurrance.

So true. UK investor community is very fickle and long-term institutional money has largely deserted the Uk. Hence, thin markets and volatility.

Agree with comments. Here's a summary:

https://www.investmentweek.co.uk/news/4327224/james-hanbury-blasts-hargreaves-laansdown-backing-gbp-4bn-pe-bid?utm_campaign=Investment%20Week%20Newsletters&utm_medium=email&_hsenc=p2ANqtz-8OKeMioEE7AxrhSQ_I6SQ5q-AI9zGS2xXm1Ge9d08rMBHNYB1G-Iu8DVRXrRH00-7RpJQj9rCwQZ6DGVzfLv4Y42mnjA&_hsmi=90101689&utm_content=90101689&utm_source=hs_email

So many things to worry about with RENX and then, out of left field, this: a failure to keep the price of the American ADSs above $1 means suspension/delisting from Nasdaq. You could've given me a pen, a blank sheet of paper and several hours, and I wouldn't have come up with that one. Jeez!

"Based on my own TA with VWAP input along with trend, range, LSTM and algorithm".

Are you having a laugh?

That's a fair view Eish and much reflects my thinking when I bought in, but the fact is, whether irrationally or not, the share price of this 'small successful, efficient miner' keeps dropping....way below GDXJ, which is my proxy for the 'small gold miners' that you mention. Year-to-date, GDXJ is actually up 11% while CMCX is down 20%.

Some mindless institution must be selling. I look forward to reading the TR1's.

Thanks for the information guys. They may not give forward guidance on predicted test sales, but they can't avoid reporting them at Results time and, so far, they've been minimal.

Reduced from 1,420p to 500p? On the strength of that Update? Are they for real?

Thank you