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Magsy i doubt they will wait until the last day to announce something..... its literally ANYTIME between now and then and as we have seen in the past any dips due to bored day traders flying off are quickly reversed with plenty of buyers flooding in to mop up
Game of patience..... next 3-6 months this will be playing out
Most people have no common sense, if you want to make money then buy a diagnostic company in a pandemic which has a range of covid and other products and isn't a one trick pony and is looking to partner with massive players.
Lose money by buying shares in a highly indebted cinema chain which isn't allowed to open just because they have fallen.
Totally agreed Technik - all short term traders trying to time their entry and then bailing when doesn’t materialise, as you say, good luck if you can trade successfully whilst still catching the monster wave!
Mags, agree that for the average trader day to day, but someone buys low and sells high, and I bet they're the ones who understand the business more than the day traders. The issue here to my mind isn't the 'if' it's the 'when' and in between sentiment create the rolling waves of share price movement the brave can surf.
True.
You are more likely to lose on AIM than gain and so setting expectations low seems like a good strategy to avoid disappointment.
You'll either be right or wrong Magsy, if you're right you'll be right and if you're wrong nobody will care that you were wrong, thats the beauty of being a pessimist ;)
I imagine we are likely done for news this week then. Shame the 'go live by end of october' message that people were pinning some hopes on turned out to be inaccurate.
I don't think he has anything in the bag yet else he would be announcing it. I agree with others that he is just stretching out the results date as much as he reasonably can do to increase the chance that something meaningful happens by then.
It's good to have a firm date to go on for news but as it's 3 weeks away, I can see the share price drifting downwards for the next week or two.
The wait continues.
Think DB mentioned on the Cytiva call yesterday that they didn't need to raise anymore cash.
Guys-DB mentioned investors and potential investors...I think he's got something in the bag. But I am bracing myself as they'll need more cash so we are going to see a share issue. ..it is the only way.
Lp
‘ ODX yesterday took a near 20% hit on results that were always going to be poor. It would of been the same here. Its the right decision to protect the SP.’
I’m thinking the same. However, although this sounds commendable that he is looking out for shareholders, the sharks will be circling if he doesn’t conjure up something special.
Holding from a mistimed entry at 120p
cwalsh I cant see this going to 80p again unless they release another RNS that isnt approvals related or sales related.
Agree PP, they likely didn't want to give a date until they were confident on landing something.
ODX yesterday took a near 20% hit on results that were always going to be poor. It would of been the same here. Its the right decision to protect the SP.
LP Personally - I’m pleased it’s delayed, my moneys on they know they’ll at least have a material BC update by then and as you say, good chance we may have an approval or 2.
If trading update today, without either of above, SP would tank (short term).
@BigBench, 100 support broken and heading towards 80 p support level and you are talking about 2£ in a week or 2, you must be very positive person or making fun of peoples investment/emotions.
I disagree there, i think there was some complacency.
With approvals/hiring of the approval support role & an expectation to sell very easily within Europe (hence sending of thousands of test kits).
Comes down to entry doesn't it i guess, of course LTH may be ecstatic but anyone who took a position between May & June will be very disappointed with the performance as the placement stunted the progress of the SP.
My main gripe was always communication. Is cool they have a presentation in the coming weeks to learn more on how they are getting on.
Can only assume they were holding back results until they had some good news (sales) to announce. I am not sure how far they can push results but i would be surprised if GDR do not achieve FDA prior to the 18th.. or at least some contract announcement.
Allah, I don't see anything wrong with this company or the CEO tbh. Raised a ton of cash ,cleared their debts, SP gone from 6p to £1. I don't know if they will get approvals or any sales but the CEO has done his best , shareholders shouldn't complain either looking at the sp gains.
PEEL are calling the shots here right now and they still have their wares to offload,They'll want to forward sell the LAST (hopefully) loan note IMHO....
Fairly sure they will have substantial news prior to then and so will be able to give us a great presentation.
Yeah hopefully, I don't understand why they're delaying, I don't expect results till June to be that positive anyway, it's the next one that will be more interesting. Perhaps hoping for FDA & go-live beforehand?
So BD is Holding off the Results for Great News to come through before then ?!
Might even be in full lockdown again
£2 will be history by then my guess.... ;-0
notice of results 17th nov. can just imagine the mms rubbing their hands in excitement at that date...hopefully FDA approval before then i
Looks like d day 18th November!