regarding wasting time on this chatboard.. it's the ramper dream-kings that have shown to be wasting the most time. If there is any ramper on this chat site who is NOT sitting on a paper loss I'd be suprised.
exactly.. and their nasal swab POC isn't ready either. Another boat missed imo. Western governments are happy with lateral flow tests, they are not demanding PCR tests. I can't see POC selling unless its cheaper than LFTs and based on GDR's track record they price themselves out of the market. You only have to look at Mr Budd salary and behaviour to realize he's only in it for the money.
good point about the swab of POC 1.0 . They'd initially said the POC would be saliva based and obviously its still not working so they've had to go for a nasal swab - as if the market is waiting for another nasal swab test. They know it's not, POC version one will not sell. POC version two might but that's another 18 months away at least, looking at their track record. Covid will be different in 18 months time, perhaps a very contageous variant will appear that is not deadly at all - problem solved.
Mr Budd has consistently proved every single ramper on this chatboard to be wrong, including Mr LTH,Mr Star and any other fools . There are fools on this chatboard but the rampers are the biggest ones. I'm a fool too, I believed Mr Budd and didn't sell when I promised myself I would. I reasonably expected sales from india through BC as they were suffering immensely. I expected a POC to be delivered on time too. Neither of these have happened and there is no evidence to suggest that POC will be a success this year either. In fact, Mr Budd says that they are already working on POC version two which means POC version one is not worth waiting for. The only way they will sell POC v1.0 is if the buyer will get POC v2.0 for free when its ready and Mr Budd has proved to be to greedy to realize that profit margins of 60% (as in the useless pellet they didn't sell) really kills the business. I'm sure the ii's lapped it up though.
ii's expect profit from 25p but I expect it will be very little (34p).
Mr Star, I've not got a large holding and I'm waiting on the next time this whale comes up for air. I expect it will go to 34p for at least 1 day based on some jam-tomorrow news regarding POC. My trust in Mr Budd has gone. I re-invested for the POC and his promises of preliminary results before christmas 2021 and launch before Q1 2021. The POC kit still doesn't work and its Q4 next week.
will take a while to get to 200p? Based on the expected news flow described in the last RNS's, the sp will drop to 2p first! This time next year.. we'll be as poor as a country mouse.
Seriously though, I can't see GDR raising another 8 million next year because I can't see them selling anything significant in the mean time. I think the ii's will have had enough and they will let GDR go bust.
"Having been assured by Anna some time ago that there would definitely be an update, I have now been told that the circular is the update! When also pointing out that if you call the Company for info it now always goes to voicemail, I was told that the Company is not there to answer shareholders' questions....that is what they employ Walbrook for! Trouble is when you ask Walbrook a pertinent question you get referred to the circular. So you go round in circles!"
Their behaviour has answered any questions you have put to them.
Jay, Try to calm down. The wheel is still spinning but please keep your finger away from the buy button. I hope you didn't buy last time but if you did you need to accept your mistake and do not make it worse by doing anything stupid. Money can solve alot of things but things can always get worse, just look at afghanistan or any war zone. Do you think those people care about money, they were hanging off the under-carriage of a plane! Like most of use you are sitting any heavy losses but they are just losses. Health is more important. You will become alot wiser after this experience. Keep away from the buy button. Forget about GDR and just cross your fingers. Do not borrow money, sell out and take the loss if you have to.
Mr Bruno, many longterm investors would've love an average of 26p. Will Mr Budd announce a big enough contract before the year end? I think he's crossing his fingers (but that's about all he is doing).
MR McManus, You also forget that the huge global pharmaceutical business of Beckmann can't even sell GDR testing solution on behalf of GDR, so it's likely that GDR's products are not very good. Confirmation of poor quality comes from the fact that the POC is still not working and they are trying to fix it after Mr Budd promised it would have CE before end of 21Q1 ! So I think GDR has more than just a sales problem.
Mr Star, Budd must be replaced. He's done his job in raising capital now he needs to step aside and let GDR grow into a real company with sales and an income. ii's need to be punished for lining their pockets and not acting sooner in replacing Mr Budd.