Member Info for Lp160606

Lol yes, fair point.

Correct Grim. And at this point we have no understanding of our engagement with uk gov. However, if our test is as good as we believe, we will be engaged in due course.

So naturally, gov intervention is a threat to a potential buy put.

Youre right Ant, they are looking to pass a bill this summer to do just that.

Posted that last week, but doesnt suit the narrative here so was no conversation on it.

Lol bb you tell people on a chat board about your ability to lift weights.

Got your number, you're a prize gimp.

Name calling, ah, the got to when unable to construct a viable response.

Would you call 300p to 113p in a little over a month, a dip?

Deadline given was end of June for sales, then in the recent presentation stated early July announcement. I'm ok with that.

Further to that, no update on approvals which when comparatively looked at is strange, as Ncyt the listed leader achieved theirs within a month.

Chaps, not sure the amount at stake for this poster is relevant.

It could equate to the same % of your wealth at stake here.

St t, it is our job as investors to read between the lines and not believe all we are being told by the organisation we are invested In. Although I agree that negativity does not help questioning where we are in relation to approvals is fair as coronavirus is a time sensitive opportunity.

This will all be forgotten next week should something land but I do appreciate the concerns and share some of them myself.

Anything less than 5m in sales is disappointing. Simple as that.

I'm withholding judgement until 2nd Monday of July.

Novacyt moved much quicker, as dave said check the rns. Disti in us and Asia withing 7 days of CE mark.

Market saturation could prove to be a real issue but we wont know untill they decide to update the market.

I dont want to see another interview or investor presentation, which was a sales pitch in my opinion, beforehand.

Why the blokes responding to linkedin requests from investors is beyond me.

Once approved I'll begin to dream. Until then I'll remain hesitant.

I do agree if it is as good as we believe the sales will come, right now I feel 4 weeks post ce, no sales and no distribution rns. So currently speculating what's going on with GDR rather than surpassing the listed market leader

They've done 120m in sales to date, penetrated all major markets and have recently launched 3 further covid development products.

Let's hit some actual real life sales before even discussing catching them up.

Completely agree, Magsy.

It is a saturated market place, that's a fact.

I trust our product will stand tall however, wouldn't surprise me if we are chosen to take over supply once existing inventory is used in many places. Meaning a longer wait for serious sales figures.

We will know with a week in my opinion how the team are getting.

Yes, could well be overwhelmed.

The problem is, we've not had a real clear update on approvals and sales for 4 weeks after being told it is head and shoulders above the competition and so naturally when this pops up it doesnt look great.

Noted that also, doesnt bread confidence... come onboard get us a approved then we will sack you off...

Like come on, not the way to do things if you're looking to capatalise on the opportunity of a lifetime.

Begs the question... they short of cash or something..

We've not even had an official approval outside of CE Mark nations and then 4 weeks after that this role goes up...

Odd.

Speaking honestly, that job post has f ucked me off.

Showcases a bit of naivety.

I'm sure this is for various territories we are yet to engage with but surely there was an understanding of the barriers to each market.. surely research was done into this, to get ahead.

Perhaps they are looking at further territories after running through approval process and recognize the work load is pulling them from sales activities but does dent confidence.

I appreciate your frustration. I got into a similar pickle with the CE mark expectation. Sure enough, last day of May it landed.

No point in getting frustrated until the the timeframe has passed. None of us have control over when that RNS will land.

Not convinced government agencies are checking twitter and linkedin but appreciate your point.

The channel is key. Distributors who own relationships into civil services across the world is important.

That is the focus. I hope.

Safy, I do agree we lack regular updates, that being said I trust the team and the product to do the business. Sales are my keys drivers not PR.

If we enter the 2nd week of July without an update then i will review my position.

I'm also in sng but the sp is largely stagnant until trial news.

Abingdon are not ODX and have their own business principles not entirely alligned to the RTC. And equally the sp there has not moved off a month chart.

We lack interest a this point for sure. But I'll reserve judgement until the impending sales RNS comes in. We do know we are engaged in India for approvals.

Big few weeks for all covid stocks.

Agreed. Think they were offloading for a month or so but volume been low here for weeks. Moves off v little.

News required to stir up interest.

Market penetration is the focus. If the team execute, £5 is certainly achievable. Although I measure that in months (6 months +) not weeks.

Add the poc device and there is astronomical growth potential here.

Covid is worsening. The opportunity is growing exponentially. When wave 2 hits our coasts and sentiment returns, with existing sales figures, this will motor.