The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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@Comek2, I hope that sales data is released quickly but i tend to take a slightly cautious approach and see by mid june the sales data will have come through.
I'm expecting this share to level around £4 with spikes if the herd turn up of £5.
teabiscuit, I recall ncyt released an rns on just order enquiry. So I share scart’s view we should get a similar rns first week of June, and maybe even sales order given the urgency- in ncyt’s cast it was in February, the pandemic wasn’t yet established unlike today. I believe we will have orders sales enquiries or even sales in quick successions for fear of missing out by countries effected- recall the PPE debacle with the US effectively stealing the French PPE equipment at one of China airports. countries will be in competition to get orders filled, so a case and first come first served. I’m sure gdr spent the last 3 weeks, since the application for CE, negotiating orders and this past long weekend finalising them.
@teabiscuit I just think they would have had a lot of that lined up ahead of CE marking and would have been in talks with potential buyers, but who knows you may be right. So long as the orders come in I don't have a problem waiting a bit longer :-)
agree with scart, the normal loopholes here can and will be bypassed, the need is urgent, people wont hang about in their decision process
@scart -- It's not as simple as that, there is admin to go through, inventories to clear and probably in many cases there will be european agencies to go through. As much as you want it to be a look at the test buy, unfortunately it takes longer than that. Give it a few weeks and the orders will start coming in.
@teabiscuit imo it'll be earlier than mid-june
"Following CE-IVD marking, the Company can commence commercial sales in the UK and across the EU immediately. The Company will now begin distribution to potential customers for initial clinical evaluations, and aims to record first commercial sales in June."
- Sent out immediately (last Friday) for evaluation i.e. potential customers evaluating this week. The test only takes 100mins for a result and people want this quickly, they aren't going to hang about and a week should be sufficient time to conclude on the results and validity.
- June is Monday and it's optimistic perhaps but I expect them to be recording sales next week. Things are going to move fast in this climate.
Could people please sell some more so I can make a small top up around £1 40.....
Can't buy again... Someone with a bigger order must be....
scart I doubt we shall hear anything about sales till mid june. Lets just get rid of this hopeless placing which killed of the sentiment to your avg trader and have some patience. I think the days will come in a few weeks where we have a 100% rise type of day and £4 by the end of june, however for now the MM are very much in control so smart money just buys into this manufactured share price.
I think we'll only get the results of the GM today and probably more TR-1s.
They said recording sales in June, so hopefully orders news tomorrow or Friday. Obviously if it's sensitive then they have to release it, but I think for orders they'll do so when the full 6M have found a buyer
Release news when they can imo. There should be plenty of newsflow coming.
I cannot understand the drop/ constant selling pressure.
anyone notice the similar chart shape of GDR and ODX?
It's my belief that a lot of the selling has in fact just been market sentiment waiting for the 'right' news, that may differ company to company but the expectations have been set at similar times.
Next touch lite for us will be sales orders.... 100% from here imo
hope they dont issue news today.... this drop would stifle it... wait til these m/fs are well clear..
imo.
After tomorrow it can only go up.