The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
First placee forward selling ?
Colin the clown tried to play with big boys and failed miserably. Back to being a tin pot diagnostics company in the ariss end of nowhere.
Surely 2019 numbers were pre-Covid and that is why they are using them for comparison. 2019 was the last ‘normal’ year on which to try and compare performance. Any improvement on 2019 figures therefore has got to be seen as a positive given we are still impacted by Covid factors.
No mention of share price or shareholders but thinks it’s been a reasonably successful year. If this were a business site interviewing then fine but proactive is shareholder focussed and that’s what most viewers are interested in.
Only approvals will turn it around - has Colin actually has anything approved this year ? Seems to me it’s all a case of ‘cheque is in the post’.
Take a look at GDR as an example. Two weeks ago, Budd was getting absolutely slated as an overpaid , useless waste of space failing to deliver on anything and SP supposedly heading further towards single figures. A couple of RNSs later and you have a 500% rise in 10 trading days.
Not sure Fooler can shed the reputation he carries with him but maybe a couple of good RNSs would turn things round a bit ?
How can this be legal ? Given the courts sanctioned the scheme to effectively move UK holdings over to the Nasdaq and they haven’t done that yet, should there be some form of redress.
Misty - you missed off 06/21 £2.5m at 5.7p, giving a total now of 330 million shares.
The last placing issued more shares than were actually issued in total when I first invested here. When you look at the timings he’s pretty regular so the clock is ticking.
Played by the market. Looks like they’re having a pre Xmas play about with all the covid stocks, just for a bit of fun,
Never underestimate the ability for Budd to balls this up. All it would take is news of a delay for this to tank again.
Remember when he said our test was too expensive for India , straight after news had leaked on approval ?
Tread very carefully with this viper,
gentee - I don’t see Fooler selling this, it’s his life work to be passed to the kids.
I worry that the delays in DRC and the measures in Africa on Covid are going to stall the expected uplift in revenues. We don’t know how much of the fund raises are left, how much has been spent as part of the initial phases and what other costs are having to be met as part of the attempts to win new business.
We know that Fooler will sell holders down the river if it means he can get funding that’s needed. Whether that would be via a placing or through equity funding will be down to Fooler but I don’t think he has any concern or feeling for the impact on holders and the SP.