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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
" 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
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
" 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
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!
"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 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
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"
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
@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.
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!!
very tempting price to massively top up.... 49.5 is ridiculously cheap.
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
They've had their chance. They get paid either way so how bothered are they? Approach way too placid. POC might emerge in the next week or so, they were only tweaking it, 12 weeks seemed like a long time given how long the majority of development took.
Walbrook said something about regulatory paperwork for India so I assume import stuff. There will be some movement there which might be enough to get us going again from down here.
AIHL will be a big hit in US and UK. Thats being drummed up in August I think so that will def get us back to where we were as the take up looks genuine on that one. What happens inbetween is anyones guess.
Things happening around the HCV:
https://www.researchgate.net/publication/351078214_Diagnostic_Performance_and_Usability_of_the_GenedriveR_HCV_ID_Kit_in_Two_Decentralized_Settings_in_Cameroon_and_Georgia
BUT I'll be voting BOD down for sure. It's just a case of enough is enough now. Simple as that.
Can’t wait for the people that start saying how great a job DB is doing / has done so far
Shame I was called a troll for saying he had to go but it’s good to see people are slowly realising the guy is a clown.
Pacman121,
very well written post yesterday ....with good points raised..
the interesting thing is that the daily volume is ...say ...500k shares... which is 0.8% of the total shares
so...the trading of a small amount of the company shares has a disproportionate effect on the value of the non-trading 99.2%
I suspect..that what happens here ..is that the same shares get traded over and over again.... and each time the seller is offered less to take them off their hands ....and they accept what is offered ... and on top you have a sell attack of low volume trades to push out weak holders...
This is what is effecting the share price more than anything....
The "value" of the company is not actually being lost at all....it is the same today as it was say 2 months ago...despite what buyers and sellers decide to do with regards to producing a MCAP
There was an AGM in December and 18 million shares of the votes cast voted in favour of retaining the main Directors ( over 99% of the votes cast ) with only 0.6-0.8% of the votes cast voting against them...
It is frustrating that things take so long to break through materially....but ... the test results speak for themselves...they dont actually need salesman "razzamatazz" on top....do they ? ??
I dont know but maybe sales through BC are only issued quarterly...not sure what the agreement is there ..
I have a small holding and sitting on a paper loss...but whether the share price is 50p or 60p makes no difference to me in terms of what may or may not be going on in the background....
and a 50p share price doesn't mean a BOD is working any less hard than a share price of 60p....
It is clearly a slow, slow process but I am not so sure it is down to lack of BOD efforts...
@ Prefty
Hi mate. So we assumed given how quickly the ICMR clinically approved the test, same week, there may be a sense of urgency behind actually getting into labs. There kinda is but the paperwork to get it into to country is a process that still needs to happen (yes despite the situation). No timeframes but I suspect that is what is arresting the progress there. A twitter poster actually posted the formal entry process soon after the developmnt of India using CE tests.
@Pokerchips
I get what you're saying, and agreed with you up to a point, but I'm now on the other side of that line. This is snowballing and needs to be addressed immediately.
" This is snowballing and needs to be addressed immediately. "
Pacman121
If an Institutional Investor is selling ..for example....then in that situation is not something the BOD has to respond to...it is down to the seller to post a TR-1 maybe ..or a new buyer to post a new TR-1 themselves ..that is how the market is updated in that case ...nothing to do with the BOD
I wonder how far this needs to drop before Preefty starts to question things.
40p?
30p?
We're at a 4month low. Strange time to be offloading?
Remember last week I said sell at 56p or so
Dropping to high 30s low 40s.
It's made most of the way down to there today.
Not because I want it to. Just because that's where it was headed.
As a long time holder I'd have been happier to see 200p but the Dudd of a CEO the POS is flamin useless.
So I'm glad to start buying under 42p and will own a lot more than I did before I sold.
scare you into selling? You are deluded.
I sure as hell am not looking to get in cheaper. I would not buy in if this went to 20p.
You are right to be wary about what other people say, but wake up and smell the roses man.
Criticism that this is dropping is seen as telling people to sell according to preefty
We’ll see a long post soon saying BC sell 6billion a year and how 900 million will be calling divoc constantly to buy tests
Anyone that says we have a low SP or have had a tough 3 months will simply be called a troll trying to make everyone sell
Preefty if anyone is daft enough to take what anyone says on here as valuable advice then they are stupid anyway
I’ve never said to anyone to sell anyway , funnily enough it’s what you do to Jace for not agreeing with you
As I’ve said many times I think it’s going to get worse next week and plan on buying more then , not brave enough to sell out in case I get caught out