RE: Why GDR over the others?24 Jan 2021 20:43
The main reason to invest into GDR over the others is that given our mcap, IF significant sales do come in then we would probably rise the most.
IF is the word though. We launched the product last May and struggled to get approvals in any of our target markets. When we did get approval in one our targets, South Africa, we failed to sell a bean.
The biggest hopes we have right now are a low double digit contract in an EU country, which seems to be taking a long time to conclude and the potential of a commercial agreement with BC which we currently do not have.
The BS being spouted by the rampers about the UK is unlikely to materialise as our CEO has repeatedly said that the chance of success is low and therefore it isn’t a target.
Short term, improvement in sentiment may provide some respite here but long term the only way this gets £1+ again is if we confirm some sales.