RE: Why do prices keep on falling ?15 Dec 2020 09:25
The rise was largely sentiment driven and the market was also going to cautious around Covid based stocks due to the instability of ongoing revenue. The start of vaccine news killed sentiment and brought the Covid stocks back down to reality and I can't see that sentiment ever returning now unless something disastrous happens with the vaccines.
In regards to GDR, they have proven that they can't sell their product in times of huge demand. The market probably see's the need for tests, it just thinks that GDR will play no major part in it and that is probably corrrect. Demand for tests will plateau as vaccines are rolled out and the existing suppliers will be used to service that demand. GDR won't get a look in.
If this doesn't get sales soon, it will fall further I suspect.