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"Less than 18 million mcap and just raised 7 million !
Wonderful."
They are busy spending and trousering that as we speak. It is much less than that by now and will disappear into a black hole in the space of a few months. Then they will be back for more. AIHL projected sales will not generate a profit and does not justify eve that 18 mill MC.
"AIHL’s value is still completely underestimated by the market imo. This product, once the deal with NHS is done, is likely to be worth the GDR’s current mc on its own!"
Could you show your working out? I don't think the UK market for AIHL can justify the current MC at all.
"This could be the next NCYT, whilst we still remain in pandemic. Just having one Covid rapid test company is certainly not enough."
Maybe but more likely it will be the next GDR with zero sales in the last 1.5 years in a pandemic. The other companies were enough to supply the world with PCR tests while GDR tests gathered dust so I am sure they can supply POC tests as well.
"Testing and more testing... need Budd to hurry up!! Lol :) this could be flying in the next couple of days"
Could you elaborate on why it might be flying in the next couple of days? The CE approval is pretty much a given and priced in. There will be a huge exodus after approval as nobody has any trust in Budd to sell anything. All the rampers will be gone with there £1 by Friday nonsense.
"@tiger16
Now people are buying rumor, when the rumor being real we'll see together.I haven't been counting how many times i experienced this. good luck everyone."
Plus nobody wants to be left in after that point waiting for this useless company to actually deliver on the hype. They have delivered nothing to date so unless you believe that will change you need to join the stampede and get out fast
"@silky
Sorry mate but i don't agree with you, when the rns land then price going down immediately."
Yes I think almost everyone knows that especially the ones here shouting about a massive rise when the RNS lands. Their game is to ramp it as much as possible before any RNS and get out or get out fast within an hour if the RNS does land when they are still in.
"One Decent Sale order and we will all be surprised how quickly it can get there".
Fortunately GDR have a history of closing decent sales orders! Well there was that one from an unnamed EU country for multi millions but its a pity that it only existed in Budd's head. I am sure he is lining up another fantasy order for this POC test as we speak.
Ah yes Inphobe the old target market is the US nonsense spouted by Budd. So they had approval for PCR test in EU and UK in April 2020 and they didn't sell any there but were waiting on US approval to sell in US. In reality they couldn't sell any in EU or UK even though they tried.
"JazzyJim, stop talking nonsense. GDR doesn't have a 'shed load of approvals '. It has none. But it has a new poc test with close to 100% specificity and 98.6% sensitivity with results in less than 20 minutes. When it gets this CE Mark from the ENB that opens the door to UKCTA approvals. It also has a commercial distribution deal established with Beckman Coulter, a £6 billion US pharma. When it gets approved this will blow the doors off."
Think it is you talking nonsense. It has approval for the PCR test in EU, UK India South Africa. What are the revenues from that? Yes the Beckman deal was to sell these PCR tests. Again I ask what was the revenue generated? Why don't you read up on this company and then come back with some answers.
"This share is worth waaaay more if this CE is completed.
Also not to forget mountain horse supplying US military! Only one way this share is going next week! DYOR"
The CE means little and it is just a self cert box ticking exercise anyway so we know already it will be approved so the share won't be worth waaay more. GDR has a shed load of approvals and indeed a CE mark for it gold standard PCR test for more than a year now and how much has it sold? GDR has also had a partnership with Mountain Horse for ages and again how much revenue has that brought in?
"But without this you can’t sell…so absolutely crucial in order to be able to commercialise the product and sell anywhere in EU!"
Even with it this company cannot sell. They have had CE approval for their gold standard PCR test for well over a year and what is the sales figures? They had it at the height of the pandemic before vaccines came along and still couldn't sell any.
All the rampers that appeared lately aren't 'invested' here either. They will be contemplating dumping very soon leaving others waiting for this company to deliver. It hasn't delivered anything to date so I think that is relevant to anyone looking to hold for sales.