Think the market reaction was massively over done , this caused much pain and gnashing of teeth and the blame game .
FDA approval being none intravenous ( look at AGL recent RNS ) will be easier however at any one time there will be hundreds of other firms going through the same strict timely procedure .
Neither was there any indication of issues , concerns or doubts and questions asked . It has just been delayed ( it’s not a given either so chickens counted etc ) .
So you can be angry , let down make accusations but the ramping and buying more and more by the same people created this false situation we found ourselves in .
Investing Is A Gamble but it’s not just a single race with an on the nose bet .
It’s far from over and all the news we expected IS STILL DUE .
Yes we feel let down but the RNS was concise .
In three months time I am sure we will all be in a better place ( ps when agl had its fda approval delayed due to Covid it dropped but is slowly creeping back up and accumulating is ongoing )
https://en.wikipedia.org/wiki/Stock_valuation hope you are well and not thinking too hard over past few days .
Think the drop was far far too much exactly our share price being far far too much without a solid predictable income and cash at hand .
Not all CEO’s blame but he is being watched and scrutinised
All shares have this option to ‘ dilute ‘ a certain % of shares over a certain length of time .
If anymore than this an extraordinary meeting of shareholders is required and subsequent vote .
Oil exploration firms due to the risk and cyclic nature of O&G always emphasis this
Past history is not a true indicator of the future however
Like a previous poster said I think it’s the share price that people are angry about and our ceo is not fully to blame for this !!!
It is beyond his control by equal division as was the over priced share price increase which of course nobody complained about .
Things have not happened which we wanted and needed to as shareholders.
So they are all in the process of more than likely Happening !
So this is a rinse n repeat but hopefully this is the last cycle of that wash .
This Q is over in a few days which is in unison with the financial year .
Still lots to play for .
Yes I’m affected massively by it and fraught with worry but nothing actually has changed BECAUSE NOTHING HAS HAPPENED but GDR will hit some of its Goals .
You have to be in it to win it , part of the highs n lows of the stock market .
As many sold on this news lots bought .
So either 50 % are very wrong that means the remaining 50 % are right !
Bizarrely enough the adage ‘ Leave Something For The Next Man ‘ is apt lots have left and there’s a void by the drop and sellers leaving ?
Still the zeitgeist of Covid exists , we live to fight another xxx days and hopefully in those xx days we will have significant income
Well many will have put all your eggs in one basket and I can see why the furor and feel good vibes where palpable .
Lots of angry and upset people also lots of cruel ones taunting and goading ( remember these posters )
So the news released wasn’t anything like many of us believed in fact the slow demise of the share price I think was a realisation of this also prior to Thursdays RNS .
Lots of investors will stay FOMO ( I am one )
Lots will leave
Some reduced or sold and bought back in
Perhaps we will see fresh faces on here .
I cannot see the point of posting ad infinatum if not invested .
So a few things on the back burner
So my own few questions are
1/ Why plan the presentation well in advance of both an inflated shareprice and shoddy news the day prior ? Where they expecting other news in this time or had something stalled ?
2/ How much has Danaher invested in GDR , yes a significant Due Diligence which will have cost time money and not yet reputation but I am sure a fine tooth comb will have been over out science side , financial side , operational and personnel .
3/ Why when the share price was obviously not in unison with the true gdr value wasn’t news released to say they did not know any reason behind the sudden share price increase .Yes a blocker but if this was issued then the past weeks nightmare would not have happened .
4/ With the last years news would new investors be tempted to invest in gdr but not on the derisory shareprice ie binary play rather than a value play of true solid value created .
4/ Will the ‘ known most recent ‘ shareprice register still be apt .
5/ Is this CEO with the second of two serious derates behind him capable of installing trust .
Well the clocks change tonight and Monday is the beginning of a new financial week , finals hopefully will add some flesh and money to the coffers .
My own view is that this has been overdone and a slow climb back to £1 is possible , think that their is still potential here but confidence is low and if I was the big cheese / numero uno I would be working with a sense of urgency to start creating news to release to instil confidence as it’s not very good know .
Once trust is gone what is there left
Think the subject above is self explanatory.
Neither is the irony wasted on me about this post .
BB’s are great sources of entertainment
BB’s can be good conduits and links to knowledge and financial gain .
I’ve put them in that order because that’s the harsh truth , many of us myself included had brainwashed ourselves into the religous mantra that £5 was soon to be upon us and not long after at take out by our suitors of £10 .
Not going at anyone we also saw very vanilla prices Way Above these two what now seem lofty and possibly impossible prices to achieve .
SXX , GKP , HUR , to name a few bad an inordinate amount of PI’s that only source of due diligence was and for some still is bulletin boards and twitter , from posts of a name on a screen of dome obvious baddies ( trolls ) and goodies ( rampers ) .
We see people saying Burn Shorts and gloat when it goes up in price and deem those investors as lesser and unsavoury .
However gdr are not a one truck pony they have not achieved what was intimated but far breather what was believed by those on here that use this bb and heavily invested , harsh but true !!
So take note of the more conservative poster even if you don’t like there demeanour etc , go to other search engines , interrogate posters past history .
ALWAYS go through a firms RNS for at least a year prior to investing .
Do not let the hype overtake you
Monday is another day , I bought more and I am in the group that envisioned/ wished / believed that £5 was due sooner rather than later .
Monday is another week with possibly new investors fresh eyes , it’s been levelling
GLA
DH great post ,its only a loss when sold and by equal merit when banked ,think lots got carried away and where fazed by the £10 brigade.
still massive potential here with more irons in fires ,
reckon in 1Q time things could be very different
gla
Additional Information Request received from FDA as expected and ANGLE response being prepared in line with expected timescales
FDA has indicated its review processes for non COVID-19 devices are currently slower than usual due to COVID-19 pandemic priorities
ANGLE plc (AIM:AGL OTCQX:ANPCY), a world-leading liquid biopsy company, announces that, following substantive review of ANGLE's FDA submission requesting De Novo clearance of the Parsortix® PC1 system, FDA has provided a written response in the form of an Additional Information Request (AIR). Receipt of an AIR was expected and is in line with typical De Novo clearance processes. ANGLE is confident of being able to provide a full response to all the information requests raised.
Some of the technical information requested necessitates some targeted additional analytical studies. However, these additional analytical studies do not require patient samples and ANGLE anticipates that the necessary studies, which are already at an advanced planning stage, can be completed and the response submitted by early May.
In its communication with FDA, ANGLE has been advised that, due to unprecedented allocation of resources to COVID-19 priorities, it is currently unclear how quickly FDA will be able to review ANGLE's response to the AIR once it has been submitted. Whilst there has not been a delay to date, taking into account the possibility that FDA processes are delayed, it is now more likely that FDA clearance, if granted, would occur in the second half of 2021 rather than the previous guidance of the "earliest prospect of FDA clearance being Q2 CY21". ANGLE notes that FDA processes are outside the Company's control and ANGLE is continuing to expedite all aspects of the process which are under its control in line with previously advised timescales.
another of mine has had fda approval curtailed due to covid and say exactly this so perhaps if its due to covid thats its being slowed down ( the irony is beyond contempt ) perhaps gdr should have phrased it differently .
still lots of potential and i rarely hazard a guess but £1 could be here easily by month end .
fingers crossed that the man on £400,000 delivers the goods today and eases our anxiety gla
It’s an acronym, GDR are not a one trick pony
Pandemics by the simple fact in more modern times are detected and tracked and traced WILL by this definition last longer .
It’s a self fulfilling prophecy and the planet being a global village literally anywhere accessible within less than a week will make the tracking tracing testing and vaccinations the biggest singular event taken on by mankind
WE LIVE TO FIGHT ANOTHER DAY
Lots of sells ie immediate panic , but no equivalent Buys , mms loaded .
As one door shuts another one opens .
Tomorrow is another day !
Reckon slow tick up over rest of the month .
Cannot see anything Machiavellian just stop sells exacerbated by stop losses .
I had two accounts trying to buy at 08:00 just £500 to no avail got them at 0823 way about the start nadir
Apologies if already posted
https://twitter.com/profitseeker68/status/1375131201355325441?s=21
Profitseeker outstanding tweet
think many are comparing the historic price action of novacyt to possibly ours past present and more scarily future .
apart from the world is now different from then although still under the plight of covid19 and protocols changing etc it is dangerous to expect likewise .
lots have myself included have let the cart go before the horse and even if they had a low average have been blinsided ,using views of NDA meaning COWABUNGA GREAT NEWs to notorious fickle rampers getting screenshots etc numerous likes and plaigarising the same .
bear in mind that although the firms job is to give value and financial profits to holders there timeframes and reasoning may be very different from our owns very obvious misconception .
may a meme with DB as god like figures etc ,how do those tweeters think now .
seen same with ceos that have been the peoples champion .
the simple fact is that he is getting paid and you are paying to an extent for his services .
he cannot lose as where .
lessons have ben learnt ,yu know now whom to applaud and who to hiss and boo at .
do not forget that also a few trolls who have been very right all alomg ,by chance or skill is unknown .
time and patience and you should get your money back plus hopefully more .
however when this happens DB will not be on my christmas card list