RE: For the Unaware & a Reminder to the impatient27 May 2022 22:04
And if there was even the merest whiff of a £10m deal for off GDR’s products then the sp would indeed swoop up to at least £1, probably beyond. Our problem now is that everyone knows Budd and his team can’t sell anything, nor can he be trusted when he does come out with positive statements. I think that’s why he’s uber cautious these days and plays timings down. He’s not managed to pull off one of the deals he announced were potentially on the table. He has spent a great deal in developing products and generated zero income. As such no serious investors will touch this until there is an RNS announcing a revenue-generating deal is confirmed 100%. Then funds will flow in but sadly not before, and certainly not at the behest of half a dozen childish posts on this bb saying I can feel an RNS coming today…or words to that affect.
Rather depressed about this stock. It has so much potential but Budd could already be well on the way to realising none of it. Who ever said it regarding a raise being the next news we’ll get may well end up being right. There is No way we are funded for all the new assays and keeping the show on the road for the next year or so. Unless that is Budd in his infinite wisdom decided not to spend any money on FDA submissions and applications - and therefore closing the door on the biggest single market place for any of GdR’s products. I wouldn’t put it past him but no, I think he’ll go ahead with applications for approvals and in order to do this he’ll come back to the market for another raise. He may have to purchase another £20k worth as he did last time and who knows, perhaps that will put him off doing the raise.