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Mr Budd has already admitted in the RNS that GDR's price is too high for the Indian governments budget, so it should be no surprise to anyone if GDR don't win any contracts with the Indian government or indeed private companies, who will obviously be able find a cheaper contract. But I don't believe Divoc will keep their price fixed. They are not idiots.

"we are mid may and still only sold a demo amount to BC which is an absolute joke!!"

I'm sure Mr Budd would agree.

https://www.theguardian.com/world/2021/may/12/indian-covid-variant-calls-in-question-17-may-reopening-in-uk-say-experts

Mr Preefty obviously Mr Jaceorge is a multimillionaire as he is able to predict the bottom and the top of the market with ease and can't believe no-one else is able to do it.

How did you predict the top of the market at 160p, Mr Jaceorge?

Time and PnL decides who the fools are, not the philosopher kings of this chatboard.
Mr Preefty is obviously not a fool as he's still in profit. I believe his average is 48p as that was within the range of GDR when he started posting.
I'm a fool at the moment as I'm sitting on a paper loss (despite once being in a position of 100% profit). Next week I may be a bigger fool, who knows. Time will tell.

I agree. It really is frustrating. I'm asking myself "what does the market know that I don't?".

The market obviously knows something, as I can't understand why we are back in the 70's based on the last two fantastic RNS's.

Indeed, I thought MrIndia post last week was very good . He thought Divoc may have to drop the price and it is still very well placed to win major contracts.

fingers crossed, for everyones sake.
Mr Budd, land major contracts in India this month.

Surely this week will be the last time we will see GDR for less than a pound. The door is wide open. The world needs GDR products. Now Mr Budd, THINK BIG NOT SMALL, do not focus on small private contracts when more than 1 billion people in India need all the help they can get. 1 billion, at 50p profit per test.... do not think like a tory, think like Google, Amazon , Paypal, Ebay. Small margins helping billions of people and everyone wins and win BIG.

I think we all know what the philospher kings of this chatboard think..

" just £5??? you are a bloody de-ramper!"

Massive opportunity for GDR to make its first proper sales to its dream customer. Mr Budd's job will definitely be on the line if GDR don't sell anything this time.

Prices are never set in stone. The sharp-witted and most successful businesses adjust their prices over time for many reasons. Now is the time to win a huge contract to take GDR to the next level. Think big Mr Budd and DON'T BE GREEDY! If you are too greedy , you'll have to go cap in hand to the ii's again to bail out GDR for another year or so.

RNS states an important small print
"The country has also introduced pricing controls into the public market, setting a dynamic that does favour the provision of "basic" tests."

The world knows the huge margins GDR expects, as Mr Budd quoted them last year before having sold anything. Drop the margins and win a massive contract, Mr Budd. Reputation is far more important than margins!
Besides, the size of the Indian market is almost double that of the US and EU market combined. This approval offers far more potential to the Indian population and investors. Please ensure the GDR bead is under the price set by the Indian Government and the world will benefit. REMEMBER MR BUDD, DON'T BE TOO GREEDY. thanks.

Very encouraging. Thanks for sharing, Mr T.

" I might be totally wrong but there is a good chance of insider trading."

Mr Walsh, I don't doubt this. This was proven at the end of January when even IT staff at Beckman knew about the commercial agreement with GDR at least a week before the rest of the world, as they mistakenly published a webpage, spotted by Mr Preefty!
I don't think many pharmaceutical employees or indeed website developers have to adhere to any insider trading agreements yet they undoubtedly receive information well before we do. Insider trading? It's just average people doing their daily job being party to important information sooner than the rest of us. I do not believe there is a law trading based on that knowledge. This does explain significant movement in sp before an RNS is released. That's why I listen to Mr Preefty as SP movement based on insider knowledge can be seen in his charts before we get to see the RNS, or lack of one (in terms of sales).

I guess that's a "No" then.

Asking for a friend, as they say.

"Excellent news for GDR, but this government is going round in circles."

That the government is going round in circles is not excellent news for GDR! I feel as though government corruption has kept GDR out of sales in the UK during this pandemic. The gov have nothing personal against GDR but they just have in other companies instead. Mr Budd needs to hire a pro-brexiter lobbyist not a sales people.

73p! party-time!

its not a contract, as the rns states.