The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
We all wanted the share to rise as investors but FG didn’t need to update because people were onto him Jambone.
I know your a real heart down investor but all of must agree he could have kept his mouth shut until testing conclusive.
Honestly his actions are the reason I actually do worry when a company is in the hands of a sole trader basically. Sorry to be so crude but the fact a company relies on one person so much and his update really give cause to question his actions because he surely new it offered nothing positive and wasn’t news that warranted a RNS when testing incomplete
This ain’t about defending a share! It’s about ones investment.
Sorry but nearly 50% fall from Mondays highs is hardly defending a share!.
Seriously I’m totally p-ssed with FG for an update that only served to kill momentum that was building organically.
My question is why did he need to update with nothing to update us on!
I feel MHC is one of the best plays on the AIM and currently has around 8m in the bank and a product of over 20 new lines. A market cap of just over 6m!
Unlike GDR it made millions in COVID and still making from its contracts with Boots. Now moving away from Covid revenue into wellness testing I feel they have been very well managed financially and with traction on new products could be a true winner on the AIM with it LFT tests and blood tests!.
Anyway I’m hoping GDR pulls a rabbit out the hat as an investor
I fully understand the revenue is rapidly growing and well done on that point but I struggle to see how the cash burn can be controlled to the extent that further funding not needed whilst employing a strategy of revenue growth.
I do however think they have great products and as a shareholder hope it continues to grow from hear
Paul
The board is extremely quite these days and I suspect most people have put the shares in the top drawer.
Hopefully we get news soon but the share seems to have found a flaw and still above the 50DMA so hopefully can slowly build.
I do understand shareholders frustration and all I can emphasise is this was always a long term investment and inline with what Penny has stated it needed time to bed in.
I do believe we are gaining traction and was impressed this week with re stock time for Vitamin D tests.
I do need to add at the last update Penny stated we were nearly at breakeven and given we probably have in excess of 8m in the bank unlike shares like GDR, ABDX and other related stocks we have actually achieved a lot in this space. Self sufficient and building an incredible digital platform I hope the next update focuses on the build out of the new products that are selling well and gaining traction.
A share that offers an investment where it’s like investing £1 and knowing you have more than £1 in the bank is unusual in AIM and hopefully the market does eventually appreciate how prudent the company has been with shareholders money.
It’s a disappointment in the low share price but that’s out of the boards control and hopefully improves soon as ABDX did recently with good news.
I would like to see some Directors buying or a collaboration with other companies and more importantly news on new product traction.
Surely end of year results due soon.
I truly didn’t think much of this video and to be honest felt for the first time he truly was on a PR mission with damage limitation.
I feel he was clearly disappointed with Method A and B and C is a complementary option.
The Farmers example and other examples really sounded like having your fortune told using a crystal ball and hoping you find something to excite the customer.
I am invested but have to admit that was probably his worst Video to date.
Hopefully a video with method B as he said next but to be honest if this was the case why didn’t he wait for the results before dropping a not needed no purpose update that wiped momentum and killed the share price for now.
As an investor we all want to remain positive but realistically we are still in the hands of a PR Guru
My opinion is the one year chart is suggesting it will go below 10p and possibly around 8p!. Hope I’m wrong but the charts don’t make good reading. Maybe I’ll average down if it gets there but not throwing anymore at this unless it gets there.
Either way it’s a gamble because if you can’t make when bitcoin is $70,000 plus how do you recover as it falls.
We are truly gambling bitcoin goes to $100,000 for any hope
The biggest gamble ATM is whether we can 100% still believe it’s funded until revenue and even at revenue stage will enough come through immediately to prevent further dilution.
Not insinuating this situation but it now is a possibility after the recent update.
Honestly I want to believe the selling is over and the charts are suggesting we are at the bottom but it’s a difficult call
Https://www.voxmarkets.co.uk/articles/this-indicator-will-signify-a-bull-market-in-small-caps-fcfba95/
This was what I was referring to
I am a shareholder in MHC and ABDX and truly feel ABDX is well undervalued given its product. I just worry about a need for cash but maybe they won’t need any if revenue producing more profit!.
Any thoughts