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One Knows nothing - you'll see i've been here since march sold on spike and bought back in same day when dipped to 220
All coming together nicely 10% down, the market is never wrong it was a garbage RNS, nearly, maybe, could, wait
All coming together nicely :-)
I’m sorry but people talk such carp. Firstly the complain that there’s not enough information coming from the company compared to others who constantly churn out meaningless information about buying more toilet paper or the equivalent, then complain when GDR announce that their test works equally well on one of the leading providers of robotics systems. This is not insignificant. I says the test can be integrated and adopted by very high throughput labs. An important and key step. And again given when the company said it would be, around 6 weeks from when they first announced the collaboration.
Next step approvals which the company has no control over. Then sales.
BB - totally agree. This takes time and although I agree DB most likely felt compelled to update the market I do not agree that he did not to adhere to any deadlines. As deadlines were never set-they were an approximate Those of us with corporate backgrounds understand that the path is never smooth and there are always problems to overcome. Well done to all the team at GDR for getting this far. Patience all
A post from someone clearly stood on the outside looking in,Just bite the bullet Mr Buffet and buy your shares back,You know it makes sense....;-))
BB I disagree, a massive step forward would be India approval or sales
We will be on covid 21 by the time DB gets his act together
Surely a positive RNS, the validation is a success!!
I think sales can only be announced after FDA/WHO/India approvals, which is taking time and the process is same for all
Agree it is another step forward. Once approved with Beckman in the US there should be significant revenues. No point selling now IMO.
In any case might as well wait now until results that should be here in early October which will provide a clearer picture on both operational and trading progress.
It's a massive step forward.. This virus is clearly not going away anytime soon... The automated system what GDR/BC are working towards is a much faster, more accurate and cheaper way of getting test results.... What's not to like.
Plenty more news in the pipeline due anytime now..... There has never been a better time to be in GDR IMHO ..Sept is nearly over now where is the SP going to be by end of Oct and end of Nov??? Well north of today's levels !
I wouldn’t say pointless as they are confident in the tests to date. But DB has defo put a dampener on it with his closing statement.
I mean why isn’t the saliva kit installed?how did the get confidence if it wasn’t installed and basically why couldn’t they have done both at the same time or even much quicker.
Yep I am sure there are loads of techy reasons but the market will be the judge.
I am holding still but pretty disappointed at the apparent pace of some of these companies. We could even have a vax before some tests are validated. Now that is something I never believed was possible so what do I know.
Trek
Was right to pull the pin here.
Travesty of an update.
Back to 90s today.
Blah blah blah wait, blah blah blah wait even more
“Once our product performance is established, we plan to introduce the overall solution in stages, beginning with swab-based claims and then transitioning to saliva claims thereafter. The FDA places specific prospective clinical performance requirements on validation of saliva samples, which will take additional time. Our initial US evaluation site is currently being installed following the completion of our internal validation studies, after which they will validate the end-to-end solution as required. We will obtain regulatory approvals prior to a final solution release."