The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
which says to me, any kind of portable testing is not the be all and end all
if lab based tests were able to get to such a big output i am sure public health england and all that would not be recommending a do it yourself kit as a substitute
both lab and portable testing will be required for the long term in my opinion, and both in considerable demand
this might stir a few people up wrong, but so be it, because it is a worthwhile discussion
the whole world needs testing, test test test, but the whole world needs efficient track and trace too
so our portable device would be used by professionals, results recorded, data logged where it should be, experts being in charge of what is a very serious thing
the other portable tests, potentially sold through different channels, not administered by professionals, will results be recorded, will data be logged as it should be, it kind of bypasses the middle man, being the expert
without the expert overseeing it, then it puts the onus on the individual, is this something that can really be an effective way of beating coronavirus
yes anybody who has a test that is positive can still make the decision to leave the house and put themselves in an environment where they should not be, so that will never go away, general public still do not know what stay at home means
but if the second major step is using the testing results for track and trace, it puts lot of pressure on general public to do what they should with their test result
the 1.5m we saw go through on monday had to have been BGF - some mentioned if was off market
however reported during that day (at exact same price) were 400k, 350k, 350k, a few 100k, they were all delayed
so i am not ruling out somebody snapping them up as apposed to it just being loads of private investors with their far smaller amounts
it would definitely make sense if they were able to announce ce mark and details of orders at same time, would really be a big huge statement
most operation type updates seem to usually come at 7am, although the hepatitis c test approval came 5pm
if you go through and add up all the 1.50 big number trades you get 1.15m shares, not sure if coincidence,
but the 5.08pm transaction of 1.1m cant be something completely different, even if it is just related somehow, like calculus further selling in a similar way to another buyer
we sure are going to find out soon
in any investment, especially the fledgling type, there has to be a point where it becomes somewhat sink or swim, but obviously not always to such severe results either way
whether it is product sells or product doesnt sell, service sells or service doesnt sell, there is a point where potential does or does not turn into reality
based on everything gdr has done in the past, getting hearing loss test to market, defence contracts with usa for pathogen testing on portable device, partnership with cytiva for coronavirus test, world health approval of hepatitus c test, then i firmly believe gdr will succeed with the coronavirus test
i have been in many oil explorers over the years where it literally is boom or bust and all you can trust is the surveying that has been done in the hope commercial oil lies below
i absolutely do not view this type of investment here in gdr as anywhere near as risky as those types
i had premium many years ago on here, only took it back out recently, there are a few different premium options, i have taken it out on monthly basis for time being
currently on the level 2 one for £25 a month
the reason im not interested in the placing is because its all about the product approval, launch and sales
even if there are some flippers next week, just because somebody wants to sell, it does not mean there wont be anybody wanting to buy
once we hopefully get product approval, launch and sales, there could well be a whole new level of investors that now think ok £1.50 or whatever it is, that is far too cheap for GDR
effectively we just have an evolving market, there is a placing to go in but also operational news too, its not just 2d its 3d or 4d, many variables to factor in here
i think that is what some people are missing, its as if there is supposedly some hard and fast rule that a placing automatically means the share should drop to that price or dam close to it
see the wider picture, if we get product approval, launch and sales, there will likely be a whole new influx of investors to mop up anyone that wants to sell
its all about the operational news in the next few weeks, thats what will make or break gdr