Rocket or dud?28 Apr 2025 10:24
You have to ask yourself, "who's right, the market or invested rampers on lse?"
Sometimes the market is wrong and the rampers are correct, that's when money can be made.
Sometimes rampers are wrong and the market is correct, that's when money can be lost.
If you look at GDRs sp chart you can see that this is not a growth share. GDR is at best a punt, a short-term gamble that requires luck not judgement.Yet underlying this share are :
1) Two products, both of which are gaining commercial traction.
2) A monthly cash-burn of biblical proportions, requiring significant sales to feed it - sales, which currently fall way short of the monthly cash-burn.
3) Share dilutions until sales successfully quench the thirst of the monthly cash-burn monster.
GLA