Member Info for RiskIsReward

people said same thing on Tuesday and wednesday..
I think the price can go down to 40p if presentation is bad

Lots of questions for DB at presentation today:
EU deal
POC
£1 million indicative orders from last June?
SA sales?

i'm going to watch his presentation and would decide whether to sell up or hold..

FEI - is nothing to do with EUA.. As far as i know FEI was always there.
Firm Establishment Identifier (FEI) should be used for identification of entities within the imports message set
it clearly says for importing you need this, our product is alllowed for distribution although we dont have an EUA approval.

and look forward to tomorrow - FOMO Friday guys... LOL

Can’t believe some are still ramping today’s RNS.
Just wait, It would be revealed at 8:00

Bad RNS.. big drop coming..
oh dear this is a long term hold...

Going Concern


As detailed in Note 1 to these financial statements, the Directors have concluded that it is necessary to draw attention to the revenue and cost forecasts in the business plans and the uncertainty that surrounds revenues especially in relation to the Company's Covid assays. In order for the Company to continue as a going concern, there is a requirement to achieve a certain level of sales. If an adequate sales level cannot be achieved to support the Group and Company, the Directors have the options to reduce ongoing spend and seek additional funds from shareholders or debt providers. While the Board is confident that it will achieve the required revenue, and has a successful track record in both reducing costs and raising funds, there remains uncertainty as to the level of sales that will be achieved in the forthcoming months, especially in light of on-going regulatory delays on the Genedrive® 96 SARS CoV-2 test and the delays on the POC product, in addition to uncertainty around the amount of cost reduction that may be required and the amount of funding that could be raised from shareholders or debt providers. This combination of factors represents a material uncertainty that may cast significant doubt on the Group and Company's ability to continue as a going concern.

I hope it is good decision to not to go ahead with that..
fingers crossed for 7:00 am tomorrow, GLA

we had 5.1m at end of October after securing long lead time supplies and building initial stocks that is why we burned 3m in 4 months between July and October. IMO - placing is very unlikely but everyone is expecting a mega update on 25th which is what I'm worried about.
SP can go either way depending on the update.
Let’s wait for couple of days to find out, but again make your choice to hold or sell

DB needs provide clarity and update on our POC.
You never know it could be us. but at the moment i'm not pinning hopes on this.

I dont think it is us, Here is the NCYT RNS Which states Launch of PCR genotyping assay portfolio to detect COVID-19 variants
https://www.lse.co.uk/rns/NCYT/launch-of-pcr-assay-portfolio-0eqnyxdinf4dcm6.html

Nice to see the EU deal to come through
Or POC CE marked update
Both the news are way overdue

I said same thing last week and was got shot down..
This is still a high risk/high reward, as lot of investors expected imminent news on many fronts. Anyways we would find out in next couple of weeks, it all depends on news..
I hope it comes good as I’m invested here. Don’t want to go back below £1 again!!

IMO – I don’t think there would be any material update this month. We may hear couple of bad news like EU deal / POC slipping to next quarter which could **** off some investors
I’m expecting one good news though which is the money received for last shipment and details of next shipment.
May need wait bit longer than I thought, when news comes it would take down the ATH easily.
I'm a bit frustrated with lack of news, but no reason to sell when it is down trending.

Thanks!!
I'm bit frustrated becuase of lack of news and updates, but i'm happy with where we are at the moment.

I can get a quote to sell on HL at the moment

please tell me, Are we still in upward treding channel? or with in asceding triangle?

Thanks in advance

There are lots of saliva based based PCR tests approved by FDA already with good sensitivity and specificity
Personally i had taken on in december last year in UK from haloverify.
not sure why it is proving to be difficult for us

why are you going off topic and asking me about Avact.
Talk about GDR
DB had one chance to annouce something materialistic in shipping RNS, he could have stated no of tests shipped.
We could have been at different level by now mat be £2 or £3 (if the numbers were as investors predicting)
or we could be under £1 if numbers bad. this conviently ignored by DB
I tried to put facts in and you can very well take it or ignore.
Gdr has huge upside and downside both. (Risk is reward)

DB himself is biggest deramper by making bold satements and then go into radio silience for months.
Looks like every one forgetten the June 1m deal (refresh you memory guys, DB might in next inevstors meet this still on table)
He promised that EU deal would signed in december 2020 and sales and revenue to materialise in Q1 and again he is radio silence.
If there re no material sales or EU deal is announced by 31 March. Sentiment can change quickly and can see easily 50p.
GDR is still a huge risk.
DB has over promised and not delivered, no wonder we are still at 80m MCAP.
i do know things are not in his control, if so do not promise to share holders.

This is true facts not deramping