I don't have a beef with GDR, I made money on it when it was possible, just letting other know its not the golden goose they think it is. Just a way for Budd to get a guaranteed bloated salary. I seem to have called it so far, but lets not let facts get in the way of emotion.
Covid may still be infecting people, although on a far lesser scale, but as far as UK Covid diagnostic companies goes, its done., the ship sailed and only had minimal passengers.
Limited funds + cash burn = fund raise = SP drop. Its staring you guys in the face, word up. Budd needs to guarantee his future salary so he can keep his R+D company afloat.
I can't see additional funding coming through for new ventures whilst they still have an 11 month waiting list for skin cancer treatment. They will be prioritising what they are already dealing with.