Saint-Tropez, if DB in his market update states although june is closed that we are still in the process of looking for initial sales are you going to finally get it?
Yes, you're right the same posters do just post the same tripe.
It's not about patience, it's about whether the current progress is meeting expectations. It certainly isn't meeting the expectations of the market. The more objective amongst us are honest enough to know that anything other than the very minimum expectations have not been met. This could all change in July but for now that's how things stand.
Punter, you must feel a little more positive about GDR then as you were originally looking at 80p and since said that you probably wouldn't even invest if it did reach there.
There's almost definitely going to be an opportunity to sell north of here at some point in the coming months. It's just about maximising the potential now.
Yes, the current share price is based largely on speculation and the market is getting impatient/losing confidence due to the lack of news hence the drop but you know as well as anybody else that if sales start rolling in, the share price will be well north of here.
I agree, doubling up from here is quite possible. We just need GDR to start exceeding expectations. All of this debate about early July etc. is happening because we are borderline not even meeting the minimum expectations.
Saying he just said ‘early July’ would mean that people should have no expectation of news prior to that.
But he didn’t just say that, so the expectation that some news should come prior to that is justified. It just means that the minimum progress has been made.
He said early July as a minimum and anything price sensitive before then. You can keep omitting parts of what he said all you like but it’s all there is the presentation.
I actually don't mind the fact that GDR are less 'chatty' compared to companies like ODX and AVCT. Some of the RNSs that come out there seem a little bit desperate to me.
Just to be clear ST, after DB showed confidence of sales in June, if it turns out that we currently have made no sales at all so far, would this impact your view of GDR in any way?
Yes, early July 'as a minimum'. He also says immediately after that, that he will update the market before early July if anything price sensitive happens. What could trigger that? Hmm....oh yes, SALES.