Genedrive Share Price (GDR)

Hi Stocksaint - I wonder if there is more good news pending - I think its very possible because its normal course of business when you want money, do it off the back of something..I have therefore thought about wanging 10K in to this, but with the discounted offer I reckon there would be a tiny window to buy and then jump back out before having to take up your options. Overall I still think you re better off waiting but what do I know!!!

Decent points Franky. But why do they keep talking about a raise in RNSs etc, but not actually announcing it???

Remember when people used to say a HNWI would just give us the money 🤦‍♂️

Here is the worst case scenario which is a very real one. Firstly, GDR do a successful raise at 2-3p and get 3-5 million of cash in bank. SHs take up the offer and then....secondly the cash still runs out before they can reach a cash neutral or positive place in another 18 months which is an entirely feasible outcome. So you have more exposure, more risk and all to be in exactly the same moment having spaffed yet more up the wall. Methinks there are better ways to invest than in this crock. I personally think that the raise will only be partially successful and that it'll give 12 months to get a sell organised. This outfit needs 3 more years to get to a a good place and you investors need to be thinking 3-5 years. That's when you'd see dividends worth the value of your current SP. You all think like traders though aka what the share price is...sod that - you want an income surely??!!!! thats years away.

That doubles the share issue!!!!