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12-04-2021, 10:37 AM
#19191
Originally Posted by Balance
In all seriousness, why would any CEO leave a company just ‘when’ it is on the verge of real glory?
Must say it has got me scratching my head and evaluating my position.
Change ‘when’ to ‘if’ maybe?
It has often been said that his main skills are in raising capital - maybe those skills are not needed anymore...
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12-04-2021, 10:38 AM
#19192
Originally Posted by BigBob
It has often been said that his main skills are in raising capital - maybe those skills are not needed anymore...
Good point to consider.
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12-04-2021, 10:49 AM
#19193
Smoke and mirrors won't fool the faithful by May 2022 when results are published. There will be unhappiness and disbelief next month with the publication of the 2021 results but Dave will have worked out excuses for those. But not next year. A year to sell down. All good.
CxB will then be taken out by big Pharma and become Gold standard. How's that?
He's done an incredible job keeping the wheels on till now.
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12-04-2021, 10:54 AM
#19194
If people are expecting a profit this financial year they are deluded and should get out.
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12-04-2021, 11:01 AM
#19195
Originally Posted by Greekwatchdog
If people are expecting a profit this financial year they are deluded and should get out.
Agreed.
What will be of critical interest will be the uptake of tests since LCD was granted, snd stage of collection of the CMS backlog receivables of US$40m.
Last edited by Balance; 12-04-2021 at 11:09 AM.
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12-04-2021, 11:03 AM
#19196
Profit?!! What's that? No, it'll be test throughput and revenue growth that'll disappoint.
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12-04-2021, 11:21 AM
#19197
Originally Posted by psychic
Profit?!! What's that? No, it'll be test throughput and revenue growth that'll disappoint.
Let’s wait for the results, shall we before anyone passes judgement.
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12-04-2021, 11:30 AM
#19198
Originally Posted by psychic
Profit?!! What's that? No, it'll be test throughput and revenue growth that'll disappoint.
Do they have a 'back office & lab' testing process (send to base, test, send result) that can scale to 10's or 100's of thousands of tests?
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12-04-2021, 11:37 AM
#19199
Originally Posted by Greekwatchdog
Unsettling for holders, but the 12 months notice should calm nerves a little.
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12-04-2021, 11:42 AM
#19200
Originally Posted by Left field
Unsettling for holders, but the 12 months notice should calm nerves a little.
Hmm I did buy back in this morning before I read the CEO has announced his retirement. And I thought there may be a wave of goodwill riding today based on last week's announcement.
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