RE: Time to look forwards25 Nov 2022 11:21
I can't agree more Lloyd. Remember at the last raise it was under subscribed which essentially meant no new product development. This was entirely the right thing with the market effectively saying monetise what you've already got before asking for more. I can only imagine the bull**** stories Budd would have peddled down other lines, with a successful raise, but now he's on the hook for failed strategies and entirely needs sacking and replacing. The market would react positively to a change at the top, but that said no change will stop the NHS "computer says no" issue. Deep pockets and 3-5 years needed. It will be another outfit that eventually takes on GDR and monetises this in a few years to zero benefit of existing Shareholders. There are literally 100,000s of thousands of firms which eventually came good but there have been dead bodies left on the way. My Brother set up a firm and had to sell it for £1.00 to a massive Music Publishing House. About 6-8 years later that platform became a multi-million£ music streaming service. No good to the VCF that went through 4 rounds of funding for an eye popping amount. It often takes the market a long time to catch up to the available Tech on offer. GDR Platform will 1000% be a success but you won't get a bean I can promise. Its not a growth or value stock and if you had sense you'd take the hit and invest elsewhere surely??! I can see the argument that there might be a bounce on the SP when GDR is sold but you better be very good at calculating value and what the business is worth with no sales. The kit and the IP and some goodwill = ??
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