Genedrive Share Price (GDR)

Roger Many thanks for your post and opinions , which most of I agree with ..

My thoughts are that when a company has two devices days / weeks away from approvals , and already through the doors with in the NHS , the funding and partnerships will find there place ... hence I am excited and believe this will rocket when all is in place .

I believe its there time now ... I really do ...

No one knows whats really going on on the back ground ... or there plan ... all we do know is NICE will give full approvals shortly ... roll on monday ...

Sickly GDR still limping along!!!!!

Tiger, Cheek said they were finalising contracts and ready to sign back in the December presentation and led us to believe it was imminent. Nice news was at that stage a full seven or eight months off. Something has cropped up that’s stopped then signing on the dotted line. Maybe they wanted RF out. They are now. But still there is no signing on the dotted line. I think it’s the funding issue. GDR isn’t far off from going bust and that’s got to be Cheek’s biggest hope - that the sp starts to fly as we draw near to that hoped for full recommendation and he does a raise on the back of that, and then the FDA partner will sign.

Only problem is the sp won’t budge. It’s now not down to RF dumping shares, it’s purely that hardly anyone is buying. We’re in a chicken and egg situation. Everyone knows NICE news will land soon. Unfortunately everyone also knows so will a placing at what is likely to be a hefty discount.

Tiger, if you’ve put a lot of money in here then good luck. I’ve lost massively thus far and don’t trust any AIM management. When NICE news lands (assuming it’s good)& the placing is announced then I’ll get back in with more serious dosh. At the moment this amounts to a punt. One I’ve now got £22k in at 5.75p

Hope it goes the way you need it to.

‘

If there are currently talks going on around taking it private JC would not have been able to disclose anything’

Er…he didn’t

Roger thank you for a detailed factual post and response ...

I have reason to believe from the presentation that the partner , the big partner in the USA is alive and kicking , and is almost certainly seeking a full approval from NICE .. why ? Cheek said we just need to sign the doted lines and we are there .. what else could the delay be ..

I have invested here as I have always believed when there is blood on the streets , that is the time real money is made .. if was a safe bet to the naked eye .. there would be no point in buying to make 10 percent over 6 months ..