OptiBiotix Health Plc

My concerns increase, as sales decrease?

Mike Caine  | 11 January 2023  

Unfortunately, I hold shares in Optibiotix.

I admit to fearing yet another rout on the share price following the recent SoundCloud update from CEO Stephen O’Hara. I have listened a few times to the podcast, and I remain confused about what he hoped to achieve or what the agenda was. Part of me agrees with the view it seemed to be to bare all, whilst another part, mainly in my head, thinks it’s a warning of further disappointing news to come. The market disagrees with me though it appears as although it attracted a few sells, the route has yet to materialise. I now wonder if the long-suffering shareholders remaining are of the mindset that it is boom or bust and are prepared to write off their holding if required. A binary bet is hardly an investing strategy, though. True love runs deep.