“Oh dear, oh dear” the catchphrase of Old Mother Michael Walters as he apologised for a warning from yet another of his duff share tips. And a cash burning POS like Omega Diagnostics (ODX) is just the sort of POS company that he would have tipped. Today it warned just how bad its results for the year end March 31st would be. Luckily it talks of lots of jam arriving soon. Plus ca change.
Yesterday afternoon at 3.40 PM AIM sewer dog Omega Diagnostics (ODX) stunned the market with news that shareholders had committed financial hara kiri by voting down GM Resolutions to allow the proposed £5.48 million placing and open offer. That was madness, what followed was utter madness.