bubble is only burst for those that dont end up cashing in on the opportunity that has presented itself
the wider market falsely priced in everything being back to normal, its completely wrong, businesses are reopening and will be opearting at break even so they can stay afloat
question, why does a summer hotel stay open during the winter? because it is cheaper to do so, you dont just close for months
only have to watch the news, shops reopening expect business to be down, because of social distancing measures in place, but they are openly stating this is better to make less money instead of losing their business altogether
this is the start of the fallout, businesses are now in survival mode, it will just take time
im not surprised a lot of people dont get it and cant understand the situation, a lot of the population simply dont want to engage with what is going on, enough people dont know what essential exercise is, they think it is sunbathing in a park
that is the partly the problem any government has in a society where people have so much freedom in their lives but still need spoon feeding about what to do
Fair comment that sales have to come at some point if all is well, and we expect they will start at some point in next few weeks
I've decided to no longer predict when seller is gone, because it certainly feels like any rise is held back, but yes can go on forever
Only until new cases has been 0 consistently for 6 months plus will testing stop
People's lives will not return to the previous normal until then, if they ever will
It's ignorance to think coronavirus will disappear, try deramp GDR for having a poor product, but don't deramp GDR on the basis coronavirus is something to ignore
That is the attitude of someone who does not care about their fellow human being
6.6 million tests in the UK to date, whether GDR breaks into that because of its gold standard test we will have to wait and see, but I don't expect PCR testing to drop off
End of the day, if GDR can't sell their PCR test to countries across the world then their share price is going to crash
If that other company can't get their, lick a stick, test working then their share price is going to crash
@technik
speaking of asia and africa, countries on these continents are continuing to see new highs day after day
this is the same for south america and for one country which might come as a surprise, mexico
and who are they bordered with...a country who is seeing an increase in many states, including the south ones
early on we thought europe was the worst hit, in particular the wealthier western europe, and maybe because of the amount of travel in and out, but now it just seems to be that it got to us first
sadly, in the end, european countries might not be at the top of the list
ncyt launched their ce mark test on 17 feb, i dont think they had ce mark before feb as their test was just research type on 31 jan
moving on to testing in uk, while infections are death rates are decreasing, we are roughly 3.5 months into the uk cylce, maybe 4 at max
the uk are currently testing more each day than we did at the start, so if someone believes testing is slowing, then they must think after 4 months time, so mid oct, we will have stopped testing completely - that would be some belief to have
the market might not be viewing coronavirus as the big problem it was 1 to 2 months ago, but what that means is, only those companies that have been able to enhance themselves because of coronavirus will continue to prosper, something like the dot com bubble which has been mentioned, only the best survive, the over hyped under delivering ones fall away
yes that is somewhat horrible to say that some companies needed coronavirus to come along for them to flourish, but it is what it is, i dont make the rules
ncyt have clearly used coronavirus as a launch pad to propel them as a company, gdr, odx, avct, and others wait to see if they are also able to do the same, some clearly are not far away from potentially doing this, and once cash flow comes in, these businesses will be able to move forward in their fields with bank full of cash to further develop
and before anyone comes along and says, this company has this, this company has that, they dont need coronavirus, i think it is wrong to ignore where your company has come from, it is ignorant to think that without this tragic event, these companies would not have been able to do what they are now doing and might be able to do in the future
if we continue on the same timelines as ncyt, then their 30 mar rns with £17m orders will be our 30 june rns
and david has officially told us to expect sales in june, and on the presentation he said by end of june
ncyt hit their peak in early april with big orders and who approval, so on the same timeline, if there is big demand then gdr is 2 to 4 weeks away for £4 to £5 a share
could not care less if ncyt is currently undervalued, because the holders here know gdr is undervalued