RE: Thousands of deaf babies 'failed by the NHS'5 Jun 2023 10:20
Well, only £20k sold today and £80k bought. Think that puts to bed the fact that huge trade late on Friday was a sell. It was at 20.84p. Let’s face it if was a buy the sp would have to be well above 21p now with todays trades as they stand. It’s heading in the wrong direction. Again! Exasperating this share . At least we heard from the CEO (not director though) on Friday. Admittedly with the begging bowl out yet again as GDR lurch from one month to the next desperately looking to beg, borrow or steal money to keep afloat.
Fairly obvs to me last weeks rise was manipulated to see the price for that first drawdown at a level RF were happy with. When you get into bed with the likes of RF you have to expect shenanigans of this kind. Their only focus will be on making money from GDR now and they don’t give a 5hit if it results in the company being damaged or ultimately even if it goes under or is taken private. They could of course have designs on the company themselves. They could esp afford to buy it at the moment for £30m..? If that’s their long term goal though then they’ll drive it much lower before they show their hand. I just hope someone else sees the potential and jumps in before then. If we had an offer of £50m now I’d bite their arm off. Sod the long term. I’ve no confidence in Budd and Gilham being able to keep things on the road over the next two years, never mind 5 or 10!
At least if GDR was bought out the excellent products would make their way into hospitals far sooner. With Budd in charge it could take years and there will eventually and undoubtedly be competitors, possibly already in existence, ready to leapfrog the currently snail-paced GDR offerings.