RE: axe to grind11 Feb 2022 09:18
Jezz what has happened to this BB? Its reads a like a pantomime where the villains have become the good guys and vice versa, peppered with sub plots and conspiracy theories.
Whilst I agree with many of the comments about the management of this company I take a very simplistic view on the the current SP position. I think its recent decline is mirroring the rapid decline in Covid testing and restrictions and also a depressed tech market in general. This company was never about revenue from Covid, but unfortunately it became that way it and after procrastinating it had to join to the party due to the abrupt stalling if its core business imposed by a pandemic induced global business shutdown. Take Covid away from the equation and we have a core business that has fallen behind. Are Lyn and his mob the right guys to get it back on track, I'm not sure anymore. There are lots of pieces to the strategic jigsaw in place, but these are nothing more than simple news bulletins what they need to show is sustained growth in non-Covid revenue simple as.
I came out of here a while back and took a 5 figure loss (posted on here) and did make a significant part of it back elsewhere (I was accused of lying but I don't lie and I can't be arsed to argue on a BB with anyone, life is too short). I suspect many on here are also underwater hence all the frustration and anger. At the end of the day we are all responsible for our own investments and have different investment strategies.
No doubt somebody will reply asking why I'm following a stock I'm not invested in. Sorry I must a ....ramper/deramper or paid by a competitors, trying to get back in at a lower price blah blah nonsense. Simple, surely you follow a stock before you invest and do some homework? I still follow this stock because I am still interested and want to invest (again) and whether is 13, 11 or 9p I don't personally give a monkeys its about having the confidence and seeing the growth potential of a company and I'm not sure I see that yet until this Covid blanket has been removed (not a deramp).
This BB used to be a great BB for discussion with some nice informed posts, yes sometimes different views but that's what a discussion board is about. We don't all have to play the same tune, I moan about my football team but I still follow them every week and believe me I have a good reason to moan about them. I hope it gets back to that and I hope everyone gets something out of this company at whatever level that it is.