The challenge with GDR11 May 2021 10:19
They have just got the product approved in India - It will take months to get orders and then confirmations may taken longer to announce (if they even decide to announce)
We are not sure when we will get FDA approval - EVery day that goes by because expectations are it will happen, the price reacts
Same with sales figures - This company is different to Hemo and Omega where I also hold shares. There is no twitter or ramping from CEO or others so every day that is quiet, nervous investors decide to either leave or MMs play with the price. Budd is not obliged to present any sales figures unless it is a strategic project and if that happens it may take time
BTW, I am not justifying the poor performance of this stock. I am under water and every day consider leaving and putting it into other stock but if you look at the risk vrs reward profile, we are at the bottom of the price curve and any news willl rapidly increase the price. I also hope we get some results soon as we all need them ...