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What a joke.......’quite a bit of momentum...’ No they haven’t and by what measure....? Action Groups Fail because they have a Dads Army approach to the problem.......! And you say you voted No.....stop talking the share down so you pick of more at 5p.....read You like a book....!
Of course the placing will be completed, it’s just noise from a few who have had their mits burnt...! Not sure about your comment re: profitability in 2022. In my view there is still cost cutting to be done across the business units......CFO will be working that through....
If people would stop selling in to the placing this would rise
OSAG is peddling false hope........the Action Group will fail not because I want it to, because they never garner enough support. It’s as old as the hills that approach. Get real the reset is at 5p today - accept it. And yes I own a chunk of shares, but have a long term strategy.....Choooo Choooo - All aboard.
It will fail 100%.....
For the second time......‘It’s what is not written in the RNS......!’ They are not withholding I add, just not sharing everything........Chooo Chooooo...
Nope you are wrong on your list. But let’s just wait see post 08 March, after they have completed the placing and go forward again. I will gladly eat my head if the ‘Dads Army Action Group Succeed’ in rejecting the placing......You have missed one detail, that you are not really thinking through on your list PrecMaj........Look at what is written and what is not written........End.
Absolutely no point is saying no to the placing/ raise. Yes it’s painful, but heralds a new beginning. Also for sake a more balanced viewpoint. The company has yet to tell us what they plan to do with the cash (please no answers re: salaries). For those who cannot see it.....THE CFO IS GOING THROUGH THE BUSINESS LIKE A DOSE OF SALTS, AND IT NEEDED IT TOO.....! Any pre-placing share price is short term only. Business’ need cash to grow and invest, and here is the cash now. Everybody needs to reset and get off the ‘Doomed to fail Action Group train....’ and get on the...’ Union Pacific Raise for Growth train...’ Chooo Chooo.....Relax
Chris Lea - The. Current CFO (only in the job five months) .....Turnaround Guy. We are see the actions now having been worked on for the last three
months after accessing the business and looking under stones so to speak. First job was to get rid of failed Colin King - Done. Second job raise money and stop the losses- Done. Look for growth in high margin nutrition business - Underway......Just on todays RNSs - he has saved the business a fortune and raised cash as well. It’s about time some people wake up to the new dawn - and start applauding him. Without him the ship would founder.....Choo Choooo
I am saying the above because I have tried in the past to hold AIM CEOs to account and it does not work. The reality is and we all know it, ODX operates in a market and the value goes up and down, it is down at present. End
The new strategy is now being rolled out regardless of what has be said or done in the past. And when reality bites the Covid distraction episode is finishing. Cash in the bank, streamline the business and go back to food nutrition and invest in the global markets for these products. I would propose a slow and steady rise post 8 March and go from there. For those that have genuinely lost and by that I mean sold and have realised their loss, move on a use as a tax loss in other equities that have a profit for you.
This share may hold up on the basis of follow the money, but you will only be able to follow the money, if you buy now (I am not ramping, by the way). The IIs have thrown their hat in the ring, that tells me they are backing the new strategy....CFO - Chris Leas plan. So whilst a bit of turmoil to the 8th March. Long term probably OK for an AIM punt. All the directors that sold at 80p are now gone I add, so maybe the CFO is sorting this out. I’m putting my fairly chunky holding in a drawer for now as the noise and toxic gobsh&te on this forum is not healthy generally. Close at 5.75p today I think....Choo Chooooooo.
Agreed - the TW leak has screwed up the sequence and therefore put the placing in the driving seat and not the front foot for the reason for fund raising and BOD have had to respond. The last para on the RNS I think suggests something else is in the back ground. But improvements in tv delivery of plans and prospects would help a lot.....0
Funding a new plan - that’s what it gets you. All the Covid rubbish gone and a new growth plan. This is attractive at 5p. The level of toxic commentary on this forum is justified as I fear many of those voicing their concerns are in at 30p , 40p or higher. The 5p is absolutely torture. I am not saying I would take them at 5p, but that is cheap. I expect a ‘left field’ RNS fairly soon as that last para is definitely cryptic to say the least. They could have left that out, and that’s why people are still buying this afternoon, even after reading the first para of the RNS......silver lining perhaps on the distant horizon.....Choo Chooooo...!
I think there is more to it than only Alva being binned off...........a cool head is needed on this. The histeria is just not worth the brain ache. Also who cares if some of the well heeled investors get in at 5p, even they want a return on their investment. And to comply with fairness rules pump out another £2m to joe public. Someone has a plan and my guess it’s the relatively new board member to the BOD who arrived late August.......CFO - Aka Turnaround Man..
Nobody executes a placing as badly as this, or it is maybe demonstrating to a bidder that we can raise a chunk of change here and the bidder’s low offer needs improving.........Hence this may not proceed side note. AT THE THIRD ATTEMPT ODX HAVE NOT CONFIRMED THEY ARE PUTTING A PLACING OUT.....SOMETHING IN THE BACKGROUND SITTING LARGE ON THE HORIZON.....Choo Choo...
Absolutely idiot.....it uses the word ‘a’ and not ‘the’ fundraising. So that suggests to me it was only tentative at best.......RNS are normally word smithed very carefully.........Choo Chooooooo
The TW rumours on a placing were NOT confirmed by ODX in their RNS. They merely said they were in discussions on this. This is a wholly inaccurate rumour to be repeating in the public domain again today. If he is proved inaccurate, he will be binned off by the masses. As I said -TW.....NOT LOOKING SO SMART NOW........Choo Choo.
Twitter fruit loops at it again........!
Placing in next few hours.......! What absolute huff again.
Just to confirm no placing, again. That option to the BOD has gone - perhaps they will sell a division... to raise swim growth funding....? A go back to core business.....Choo Chooooo...! Wink Wink....