Oxford Biodynamics Share Discussion Threads

[collywobbler] 13/3/2024 15:56

Well this is nice

[elpirata] 06/3/2024 15:16

sp more or less back to where it started before the test rollout hype

last reported cash was £5.25m at 9/23

prelims reported Forecast cash balances in the budget, whilst positive throughout the period covered, are expected to be reduced to a low level relative to the Group's cost base through much of 2024...a "possible" scenario that reflects significantly reduced test volumes compared to the budget and a "downside" scenario with still lower test volumes and no new pharma projects assumed. Without any remedial action to reduce costs or delay expenditure, in these scenarios the Group and Company would need to obtain additional funds during the second quarter of 2024 in order to continue as a going concern.

I'd bet on a dilutive funding in the next quarter & ideally they need to bump the share price up via an rns or 2 to get it away at a decent level equivalent or above the current 11p, otherwise looking at a 5p raise

[badger60] 02/3/2024 14:01

HiLtt6uiij

[hatfullofsky] 02/3/2024 07:54

10p anybody ?

[hatfullofsky] 27/2/2024 16:50

Needs news

[smithie6] 25/2/2024 10:36

Uppompei wrote

"Is this test just a combination of a PSA result and genetic screening? I know the two are used in the process but is the method patentable/unique or could it be done by any company with the right equipment, but OBD just happen to be the first?"

Imo the answer is
Yes.

So, OBD does NOT have a test for prostate cancer, as some might think/hope.

[uppompeii] 21/2/2024 09:26

I'm surprised it's struggling cash wise. If this is the game changer it's presented as it should be a no brainer? From a personal point of view if I could avoid a DRE, a cystoscopy, an ultrasound, a CT and a biopsy until after a straightforward blood test confirms they are necessary, I think any consultant would also agree...aside the cost of a work up like this over the current £750 this test costs (before an NHS negotiated price).I'm sure this has been discussed before so apologies but I'm just trying to get my head round what else could be in play.I should detach myself from personal experience.

[bones698] 20/2/2024 01:11

At the end of the day they need to turn it into money and a profitable business and thus far are failing to do that. Many companies struggle at this stage to turn promise into cash and when they are so. Loss making like obd it means they are required to raise capital at ever lower prices. In this market that resits in an share price that gets hammered and ehyvobd is struggling as everyone knows its coming.

Getting a deal with a large upfront payment at this stage is unlikely but a small one won't provide enough runeya to see a profit and so a rights issue is the most likely outcome at a big discount given the amount they are likely to require. Sad but true for many small companies atm

[uppompeii] 19/2/2024 07:47

Many thanks

[rambutan2] 18/2/2024 22:31

Over many years OBD developed an IP protected epigenetics platform. They are a world leader in this field. Sadly, although predictably, this is not reflected in how Mr Mkt currently values it - he is a brutal realist!



www.94percent.com (all the info, but won't hyperlink for some reason)

[uppompeii] 18/2/2024 21:13

I came across this via personal circumstances ...so apologies for this question and if it is covered way back.Is this test just a combination of a PSA result and genetic screening? I know the two are used in the process but is the method patentable/unique or could it be done by any company with the right equipment, but OBD just happen to be the first?

[hatfullofsky] 14/2/2024 15:43

Just no buyers in this market

[hatfullofsky] 29/1/2024 22:01

I don't think anybody is ignoring the need for additional capital, that was a known. How they get it is all speculation at the moment but you keep banging the drum. It's the uncertainty that is causing PI's to sell.

[bones698] 29/1/2024 17:26

If they leave it to the last minute this will tank big time m they already left it too late and look what's happening . Now be lucky to get it away for 10p . If you look back I warned about this happening and now it's in the funding spiral as everyone knows it's coming so the pressure is on the share price . Also once they go to the city whoever is providing the funds will forward sell to make their money back .
So either they have done that and that's why the price is falling or if not this could get very painful indeed once they do . Needing capital in these markets kills shareprices just look around . Ignoring the facts and burying your head in the sand won't stop what's coming

[hsdeo] 25/1/2024 14:35

money is not needed until Q2

[timberwolf3] 25/1/2024 14:26

20p coming

[jambam] 25/1/2024 14:21

Placing coming

[hatfullofsky] 25/1/2024 13:00

Nice to see a blue day

[hatfullofsky] 25/1/2024 12:59

Still holds 27m though

[hsdeo] 25/1/2024 09:07

also diggle wont be happy witting of millions of loss!! Need a new BOD

[hsdeo] 25/1/2024 09:02

Has it bottomed out??

[elpirata] 24/1/2024 15:06

lucky for Diggle he managed to pump out over 1m shares at average 40p before the law of gravity took over, he knew what was coming

[bones698] 23/1/2024 17:56

Chart is a sign they likely approached the market for a fund raise and once that happens they begin shifting/ forward selling the shares to recoup some of the funding costs . As I said longer they wait the lower it is likely to go now .