RE: One way now I think UPWARDS31 Jul 2024 09:05
Give it up stock, you’re an astute and clever shorter but you must see other than v short term volatility as the dust settles on this that the only way is up from here on in? Surely?!
I nos think GDR will sell more r than 35k tests per yr to the NHS because lab testing is both too slow and more expensive. Immediate sales in the ME cd also be significant. Population of uk is about 65m. Population of the ME?? Approx 400m! Egypt alone is 100m. We only need a modest take up in the ME to match the expected income from the UK market.
More excitingly and what most of us have already forgotten about is the recent X post from the company regarding this CYP2C19 test being used for sufferers of heart attacks. The sky really is the limit just now and Cheek, who has all the relevant facts at his finger tips, recently stated the company is in a ‘brilliant position’.
GDR will be bought out before we see all of these markets realised but lths and new comers especially will all do extremely well. Buyout at £100m? That gives a share price of approx 20p and I would say that’s an extremely conservative estimate!! If I had more I would buy more but I’ve gone all in here.