Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wow, been away most of the day and a pleasant surprise. Rise without any news. I think it is correction of being undersold for few days with low RSI.
Jace: there is no point in waking up at 7am for rns. The next big one will land at lunch time from America. Hopefully soon.
Jace: there is nothing you can do about any of that. It is same situation with most of Covid shares except ncyt. The problem is likely to be outside DB's abilities. He certainly should have made some friends in Boris camp. His company is based in Manchester, so his mayor couldn't have helped him get anywhere with govt contracts.
Fact is that you seem to have been stuck with this for the timebeing like most of us. Our only option is to wait and see.
I know what you have put in. The picture is still there on twitter.
Advice is just hang on there. Baseline is that you haven't invested in a failing company with hope of survival on few threads and multibagging. The risk with GDR is relatively low compared to other covid stocks. I know the current mcap is sh**e but I am happy to wait a bit longer. I can go past June if needed. The market is not confident till we get some news on income. Once we start getting clear idea of sales figure, we will be back in 100s. I personally don't believe that it will drag on to beyond June. Last time it took 3 months of stagnation between Nov and Jan before we got the rise. Fundamentals are much better now.
So true Preefty but it is bl**dy frustrating that they see SP drifting down and still stay silent. At least they should give out some update on all their projects. It has been 6 weeks since the disastrous HY report! I am sure they must have planned for trading update at 3 months, that will be in End of June but at this rate we will be in 30s....
Invest, I am starting to believe even more that something deeper is going on here with BC/ Danaher. I think Danaher offer may come in sooner than we think and most likely before FDA. They must be seeing something in GDR test that most of us are not believing in. Why would a company like BC spend more and more time & effort in advertising the test that has failed to generate any sales?