Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"write" ... thanks dear chap.
Are you, as an individual trader/PI, accountable to the FCA? I suspect not.
It'll be the police lol
What a joke this thread is. Ask anything you like - and just allow nonsense like that to make you feel better educated.
I do have a genuine question though. Has anyone done the maths - lets say there's 30 active people here, and they all hold say £20k... Even if they were all persuaded to sell at once - just how far would that move the SP? I'm pretty sure all this ramper deramp stuff is just small boys playing "us and them". There's a few example of that in history too - we tend to think quite badly of them.
What I love about this bb, is that one week we can partake in an exercise to find the "Wisdom of the Crowd". That is a notion that rejects the importance of any singular view, or any extreme - in fact quite the opposite - it attributes value to the balanced summation of all while attaching almost none to the individual.
And then some here can spend all the following week promoting a particular singular view, in full rejection of any balanced summation of all (I mean both sides). In fact usually in full rejection of anything of any different content to their own. It is something I feel we should come to know as "micro-trumpism" by way of coming to feel suitably repulsed by it.
I wonder, would I cause WW3 or find a modicum of unity if I posted something that had both vaguely positive and vaguely negative sentiment? Uncertainty is a fine thing and we should value it in ourselves and each other. Absolutism doesn't look good in the history books, and it's not particularly attractive now. Love to all tho, fb x
A few things to note while we wait. Apologies for the lack of detail - I've been busy and I'm writing this from memory.
I think the best before date for dispatched kits was June 2021, which limits the stock a lab could hold to that many month - quite a few but guarantees regular orders if things remain as they are (re test demand).
I think the accounts filed on Dec 15th at Company House include £1M of test kit sales for the period up to June 21 - I think that was a broad guess. They also have some interesting snippets about a potential EU government order and a US Department of Defense contract for other products. Worth a read free to view PDF via a quick google search (Note there are two companies, Genedrive and Genedrive Diagnostics - the strategic reports and things are filed under the parent company I think - again from memory).
We're in a good place - undervalued and not subject to an over-hyped bubble (that's because - contrary to popular belief - the messages here don't actually influence the SP at all). This post is intended for those who find it interesting - if you don't I don't need to hear about it..... Thanks, fb
ST - I'm sorry that's how you feel. I'm not going to write more about myself here. I don't think your reply is particularly fair, but I'll leave it there. I'm happy to give my thoughts where they are more welcome and perhaps better understood in future. Thank you for your greatly appreciated contributions here, I'm sorry you found no value in mine, and best of luck.
In the interest of public interest I just wanted to make one thing clear. At the hospital where I work we are doing out best to deliver care regardless of the Covid status of patients, including those that are pregnant. If anyone is in need of care please go and get it.
ST thanks, I know all that. I work in Hospital- used plenty of LFTs, and PCRs. All I'm saying is that maths without good thinking isn't very useful. The revenue calculations I see don't apply once case numbers are different. England vaccinated 25% of it's population in 7 weeks ish. Data out of Isreal shows 91-94% effective - likely those people should never need a PCR test. There's history here.... what did the SP do when the vaccines came out? And that's because there wasn't a very informed model of what was going on built into it. Avoid the same mistakes!
There are places where you need the best test, e.g testing a patient before exposing an entire theatre/surgical team to their insides/rectal gas/ENT surgery, and there are times you don't. I doubt there's any public health experts here.
There's a lot made of the distribution plans across US, and also Europe, Africa and India. I'd just be a bit careful assuming mass testing will be done at anything like that sort of price point for all populations. I entirely agree, for a time it will be a money feast - but then consider longer term value, and relative costs of other ideas.
Lab based testing isn't the way to open society - even if the test is fast the logistics are slow. An improved LFT is required for that and is probably what Boris is up to with Omega? Another thing I'd say on testing, is that the GDR price points I hear are not viable for some testing application. £10 testing doesn't work for cinema tickets does it, or schools or frankly any low risk applications. For Hospital inpatients, long haul travel and one off logistics £10 can be accommodated. So we have to be realistic here, I'm sure there is plenty of demand but with the AZ vaccine costing £3 soon you're going to have to be a bit dim to pay £10 for a test. Just my opinion atm, interested in yours.
https://market.biz/report/global-tuberculosis-infection-testing-market-qy/533889/
Global Tuberculosis Infection Testing Market Size, Status and Forecast 2020-2026
Just read genedrive major player in TB testing future.
Well, I've set my buy limit for today's shananigans at 133p and it doesn't look like we'll get there! It is odd to wish the thing to go down (the share, not the partner in your life!) Such is the confidence it shall rise again.
I've been playing a little bit with writing some code - it's been a while! Here's a little chart of last week. If link is removed, it's only a trace of last weeks share price!
https://pasteboard.co/JOnurrC.png
This share is very active out of the blocks - so no panic in the AM please! If you look at the curve, last week it was safer to buy more in the lows than to try and sell off at the high. I did this twice - once topping up, and then on Friday I bought and sold after about 10% (not much spare cash). I guess from some of the comments that's not very popular but you can be certain there's not large quantities here! 10% takes a while in the bank these days!! best wishes all x
@BigBench... believe me, we share a preference ! ;) I have all in that I can put in long term. And today it was at 132, and I put a bit of short term extra cash in - could afford not to get it all back. Took it out at 145... not much, but pay for something nice, helps the cash flow lol.
Punter - There's no problem with a retrace if you don't intend to sell until the train reaches the destination. There's only one value that matters - and that's the value when each individual chooses, for their circumstances, to sell. I say, lets have fun on the train, take a bit if we need to, sit tight if we want to.... wait and see. I can tell you now, I'm not selling on Monday.
This is booking your skiing holiday based on the weather in summer - nonsense dear boy.
@Cwalsh, too early is a matter of judgement - #WorkingFromHome
one laptop, one devet.... there's a little wine missing I feel.
My Hunch is that people don't really do the numbers and have any value in mind. People tend to see a nice big pointy graph and think "I'll jump on that". A bit of up and down this week, and a bit of sideways, and no really good news to feed the furnace and they're less sure. The maths works out though - there's revenue here.