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Wait until next week, this is going low 40s high 30s
All my opinion of course but when we have no PoC next week this is falling further
Not buying they are leaving it until the very last day of Q2 , they’ve messed up yet again
very tempting price to massively top up.... 49.5 is ridiculously cheap.
Great post Pacman
The full retrace can take sp all the way down to 38p, I hope DB wakes up and announce some numbers and POC soon!!
I would certainly vote BOD down in next AGM if they don’t deliver sales or POC in a weeks time!!
@Pokerchips
I'm pro-GDR and take your point about the promise thing. A number of things were out of GDR's hands, like FDA delay, and some made assumptions in the wrong direction on that one. Investors however should not be kept in the dark, particularly when deadlines have been missed and delayed as often a they have here (a deadline is as good a promise as you get here). Day traders don't need to be kept upto date but those that hold long term and wactch their investment dwindle on a daily basis with limited understanding or reason as to why deserve the attention of those responsible. If they were on top of things then fair enough they can be as arrogant as they like, when they let investors down a company should be far more proactive - which this board are not. They have done a great job with the product range, but are not suited for the next steps. Look at their salaries. 100% need to be aligned with performance now which is why I am keen to see a new board elected at the next AGM. Something could well be going on in the background, and probably is, but its really like investors have been shunted on this one. Why a company with multiple products including a world first hearing test are not making more noise is peculiar. Being kept out of the loop on PCR sales is ridiculous. If they cant give BC number thats fine, just tell us how many beads GDR have sold - thats not forward looking - totally in the past. If that POC test has been delayed (again) with not a single update since the last delay then BOD need to go. Again, products great, attitude needs alignment. Even if the SP hit £3 tomorrow, that doesn't change the point - although no one here would care past the £3 if we're honest.
But as i stated before there is a good chance we could turn things round
drlong
I agree ..I dont think is makes any difference whether today price is 53p or say 60p..what is going on in the background with the company is exactly the same.....the price is purely speculative on buyer and seller behaviour right now
drlong
no ..no argument...I wasn't quite sure what you meant.....
I am not sure lately whether there has actually been any "promises" and it isn't the BOD themselves that have given any particular "expectation" as to when any orders might come ..say from India....they have said what they "believe will contribute positively to commercial efforts " ..it is more the private investor who "thinks" something should have happened by now....but the BOD have not stated that anything ACTUALLY would
I doubt any BOD would say anything other than something positive in terms of what they "believe will contribute positively to commercial efforts " after each supportive piece of evidence that has ACTUALLY happened......but I have not myself read of any "promises"
Poker
I mean the share price reflects theres been no updates on there timelines,promices etc...
Im not looking for a argument, thats just my opinion on matters.
Had we deliverd on promises or gave reasonable,reasons why we had not met expectations, we would bould not be at 53p.
But as i stated before there is a good chance we could turn things round
"Poker i disagree,and the share price reflects that."
drlong
sorry ..."the share price reflects that" what do you mean exactly by that ?..can you expand
Poker i disagree,and the share price reflects that.
Thats why im hoping i got a bargin!!
But if it stays silent as it has been i will be WRONG!
" Communication has been poor "
I would suggest that your EXPECTATION of communication has been more than what is actually required
If they need funding further the share price WILL NOT determine that .....you DO NOT go to the City with a share price and asjk for a placing based on it...
The City tells YOU what kind of price they might be interested in offering a placing......unless you can find investors yourself to pay whatever price you are looking for
The BOD are there to run the company ..their job is to try and achieve what their targets are.. ..they are NOT there to respond to share price movements ..and they are NOT there to spoon feed private investors who want constant updates because the share price keeps moving down as a result of traders ...
But as an aim company that requires funding in early days it requires promotion and communication.
I dont need drip feeding !!
The facts are there before us!! Wich is why we are sat,(possibly) below where we should be.
Communication has been poor
" I still think db has been spineless throughout,and not communicating enough."
The BOD are there to run the company ..their job is to try and achieve what their targets are.. ..they are NOT there to respond to share price movements ..and they are NOT there to spoon feed private investors who want constant updates because the share price keeps moving down as a result of traders ...
When there is information that is material to the market then the BOD will make a statement as per the rules of the market...
What "generally" happens to the share price between the standard required updates and material information being issued is NOT actually anything that the CEO or BOD has an obligation to respond to....
They have stated that when there is material information to be released to the market then it will done.... that is their obligation
Imo (brought back in today)
We do have lots in pipeline,but nothing crystallised yet .
If we get bad news its 40 ish.if we get good news ,its 160 +.
I still think db has been spineless throughout,and not communicating enough.
So lets see how it pans out ,my gut is telling me it will be good(hence buying today).
But there is risk attached