Member Info for RiskIsReward

Snoops here, Makes me think who that could be??
Only one names comes to my mind ;)

The board mood represents the sp which is unwatchable at the moment and still no comms from company.

Here is the example of some of the statements from our CEO:
SA approval in September last year and accelerating sales with our distribution partners.
I think that is a very bold positive statement but what did we achieve till date?
EU deal was supposed to signed by December and Revenue to materialise in Q1, DB himself mentioned during presentation in November. Where do we stand now?
POC initial evaluation to be published in December but till date no update.

If there is 1% outside chance, the company would publish it as 99% or almost done deal. I had learned one thing that don’t believe unless it happens. No news means no sales and nothing..

when you run public limited company, it is important to update your shareholders with trading update regularly and most companies do it quarterly.. we did not had any sales update since March 26th..
no body is expecting a RNS every Monday..
we are due lots of update which were promised by CEO himself with his own deadlines..
EU deal which supposed to be signed December 2020 and revenue materialising in Q1 2021, we are into end of Q2 still no sign of deal? Do you not think he need to give reason?
Even with POC why can’t DB update the progress, rather than dropping a bomb in last minute like last time?

Dr Kanav kahol is very active on linked but never posted anything about us since we received ICMR approval

DB can’t delay things forever!!

The main question is Divoc have partnered with Genedrive and promoting it very aggressively in the past but now when we have approval and ready no communication at all..
Divoc are testing using their old supplier still why not us?This makes me thinks things are not right.
anyways we would find out soon in full year results.
DB can only delay things forever..

DIVOC doesn’t mention genedrive anymore on their website!!
No sales have been reported till date by genedrive in India yet.

13 more trading days left..
IMHO -It is no rocket science to understand how this would play as we all have seen how quick SP reacted in in the past. no FDA EUA or sales could drop sp to 40p or may be even lower because market could punish us badly if we fail second time.. or takes a parabolic if we get EUA and substantial sales.

SP would rise to 80p in anticipation of news and could provide better exist for some but I have decided to wait out because all the ducks are lined up and feel very confident that GDR would succeed this time but again huge risk.

GLAH

Yes I agree POC and BC deal is game changer.

Its been 6 weeks since we received indian approval. The RNS stated "The Company will now commence commercial activities in India through its existing distributor Divoc Health and will also be seeking additional routes to the market."
But Divoc seems to have parted ways with us and removed our product from their site completely.
Similary SA, no update till date.
NO update on EU deal..
DB has to update market in which countries we are activatively selling and outline efforts that company is making there, there is no point in gaining approvals and just sit and wait for EUA and BC deal.
come on DB break the silence..

BC has spent 400k to demo test kits developed by third party with whom they just have a distribution agreement.
Sales expectations got to be big otherwise why collaborate with a third party by spending time and money?

Yes Guy, I'm ready to top up if anything under 50 comes. I dont think so but you never know.
Genedrive is an amazing company with some great and unique products. Can’t believe we are value at 40m MCAP. You would struggle to find an diagnostic company with so many products and distributions agreements at this MCAP
Risk vs reward is good here, that is why I’m invested
Not ramping here, I’m myself very disappointed too with lack of news and you must have seen my frustration in some of my previous posts. But I still believe this would fly when sales come through. The current SP is because of lack of news and DB who over promised and under delivered.

You waited this long Jay, 20 more days. POC release with some sales numbers would rocket this..
otherside of coin is no news could break current levels and go further low.
I'm prepared for worse too and may be a good oppurtunity to top up to bring average down.

We fill the gap and hit the support level, so need to go up. Chartists can explain why?
Looks like GDR defying all charts in both directions ;)

not surprised, with the way things are SP could slip further.
Investors hate uncertainity, cant continue with silence any more

# Trades 18
Vol. Sold 97,903
Sold Value £61.19k
Vol. Bought 0
Bought Value £0.00

We did a better than that from 40p to 160p but unfortunately DB kept on missing all deadlines set by himself and are we are going back to same levels

Some big sells going through.. can’t generate a sell quote, very surprised there is no much interest at these levels.
looks like we may close below 60 today

IMHO - There won’t be any takers at 55p until DB answers those questions.
Otherwise it has to be very low may be around 35 to 40p range!!

Why no update on SA sales, it’s been ages now we had approval?
Why no update EU MOH?
Why no update on India sales?
I’m very concerned with DB silence. IMHO - worse is going is to hit us soon.. researched some other stocks and might move if I get good entry point else where..