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I went for a run instead of the pub...
I keep reading the RNS looking for good news Bsinkers and there is none there, no wonder they got the placing out before the results and no wonder they could only get 80p......
Hopefully that's it now, David has been very kind to the short sellers and they have had plenty of opportunity to close, time for him to help the longs out a bit
For now screw R&D and start making some revenue, £1 million for Fy 2020 is pitiful.
My narrative? Do you want to have another read of my first post? Let me know how you get on. Then think about why you’re still holding... we are where we are, whinging and crying isn’t going to change it. Today is a good time to buy. I’m stating that as a fact. If I’m wrong, feel free to remind me in a few months.
I never said I dont expect sales, I said they cant seem to sell their gold standard test. I hold because of covid and the fact that they had a really good test that everyone was going to buy.
Now we are 4 months into testing and we are yet to sell one. But no one can say anything negative because that doesnt fit your narrative.
All i have heard on this board, is wait for the RNS, its going to go off! Well its come and we are down another 15%
Make up your mind, you’re having a shocker... you’ve said the price will go up and that you expect no sales. Boxed in to a corner there huh?
You’re just whinging. I get it, the price has gone down. So there’s zero substance to what you’re saying. You either believe that sales will come or you don’t. You’ve said you don’t. I believe they will, that’s why I’m saying it’s a good opportunity. Whinging because they’re not here yet (only a matter of time), doesn’t make it a poor investment decision today, does it?
St - Never have I said I dont hold, in fact if you read any of my posts without those great selective reading skills you have. you would clearly see that I have.
So please do tell me how I have a split personality, unlike you, I like to be objective rather than see things through rose tinted spectacles - ESPECIALLY when it comes to AIM
Look PL75, think whatever you want.... Im sure GDR will make you rich beyond your wildest dreams - Happy?
Right, so, to confirm, you are saying they can’t sell our test? Your prediction is no further sales. Excellent. I trust you’ve sold if you were holding?
PL75 im not putting words in your mouth, the RNS said it all today.
No at this rate I think GDR have been massively complacent and have happily taken our money but cant sell their gold standard test! I personally feel like I have been taken for a mug.
Don’t put words in my mouth, I’ve never said any of those things. I’m asking you...
Again, this has been said so many times. Though without the numbers to back it up. All you are saying is this should be worth 200mill at least, when they have lost money in the last year, sales are down on the year before, Their hearing test is going to be very delayed because of Covid, and they cant seem to make any sales of covid tests in the midst of the biggest pandemic in our lifetimes. Sure.....
When it does go up you say? What’s it going to go up to?
It’ll go up pretty fast and pretty high won’t it? Tiny mcap versus the potential... I asked the question, what would have been enough? £10m? We haven’t got the necessary approvals yet, they’re on the way and out of DBs hands. Are you suggesting we won’t get orders and they won’t make the current mcap look too low?
PL75, I think its safe to say that there have been a few people on here saying that for a while now. Top up now because you wont get back in at this price again.... Until the next day when you can get in a few % cheaper. No when this does go up, whats to say that it wont be 50p by then?
‘PL75, sure thing buddy! And when it does go down even more you will likely be nowhere to be seen’
There’s 2 things wrong there. Why would it go down even more? Are you really expecting nothing to come of the approvals? Secondly, when it shoots up on approvals and the sales start rattling in, I’ll be right here, remembering the reaction to a good update.
@Shocker, your point being that ppl with big loses might as well bail and put their reduced £ somewhere else, as that's likely to get a better return than hanging about here?
PL75, sure thing buddy! And when it does go down even more you will likely be nowhere to be seen. The RNS about software was more of a.... Hey we know that we have missed every milestone and after bragging on social media that our share price is going bananas. So here, we have some new software developed thats really good. I dont think that it could have gone any worse.... No sales and no approval for any yet. I mean how did everyone else get the FDA approval so quickly when GDR had such a better test? As I have mentioned before, its unlikely that the market get it wrong, and seems again they knew this was coming. The issue when shares like these get so pumped, is people with big losses will hold on because they want some money back. Will that happen, at this rate... no
Bsinkers..wholeheartedly agree. This is the MM's to some degree and shorters off loading before the real information hits...14% down and 770000 volume. Its a Friday and the larger percentage of share prices are down...
Lol newboy I agree tho. It’s commendable how positive everyone is being about what was essentially a nothing RNS really. What did it tell us that we didn’t already know? The market reaction tells you it was less than expected. Simple. I think the market thinks that sales should have been achieved by now. Selling covid tests is like selling ice in the desert!! Come on guys!
Lol newboy
Like waiting for a bus and it drives over your foot...
It's like waiting for a bus and when it appears around the corner, deciding to give up. Not only that, it's the express service (additional distributors, improved software, confirmation of all applications, expanding to other PCRs). Today has to be the best and last chance to get an absolute bargain. We've had an update in early July as promised, no update in June already told us not to expect sales. The £1m of orders is just the start. What number would have been enough, because that number is on the way.... It's not like it's a case of after the 100k tests, the world is going to say, thanks, we're all done here, Covid has gone. The only negative is the timescale and that is completely out of GDRs hands. This is a huge chance to buy cheap ahead of approvals and regular, expanding sales.