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Newbee why do you think there will be a massive sell off ? why do people here think this is going to be delisted ?
I think there will be a big sell off across the board tomorrow at open.
Time to pick up some bargains me thinks !
GLA!
😂😂😂 we can but dream but I think this nightmare will persist until delist
Agree , this is going to rocket on Monday .. you heard it hear first .. this is not financial advice .. DYOR.... fasten your seat belts ...
Looks like the circus 🤡 have left town.
Optimistically looking forward to next few weeks/months for positive news flow, it seems like the planets are nearly in alignment for GDR to start to commercially grow.
Good luck everyone genuinely invested🤞
Stockpick - 'A big reason is that River Fort have sold all their holding. This was mentioned by the CFO at the presentation and it sounds plausible. For the last year, every rally has been killed by massive dumping.'
Agreed.
No dumping going on any more. Just need some positive news and there will be a rally which for once will NOT suffer the RF drag caused by shares being dumped. Is any good news expected? Yes. More hospitals committed to AIHL tests. More revenue. Sales of this test have only just begin in Europe and ME and revenue is already up from £50k per year to £250k. If that can more than double again in the next six months then things start to look healthier.
The plan is to have an 'open offer' to existing share holders. Personally I would prefer that to be at a lower price than a higher one for obvious reasons.Any ii funder is going to want to place at a lower price too. We know the company is desperate for funds. What comes first? The good news which sees a rally in the sp and then pis have to pay more to participate in the open offer and ii has to come in at a higher price and therefore probably more dilution. Or do they run things as close to the wire as they dare, do the placing and open offer at a lower price and then release as much positive news as they can so everyone wins? Will the ii want to forward sell? Almost certainly. They can only do that if there is a rally in the sp or a placing happens at a horribly painful discount to existing share holders.
Just so up in the air. No idea which way it will go. I"m back in but for once am prepared to wait for a clear sign which way the BOD want to play this before I consider putting any more funds in. Been a long and very painful experience holding here but I hope it comes good for everyone this year.
Thanks BigAl,
Cheek’s demeanour when mentioning was enough for me, I was lucky to sell a chunk @8.
Will keep aside for fundraiser…. Maybe..
Prof, I also listened to the presentation live.
The Disclaimer is the standard Disclaimer for these type of Presentations, and Genedrive have made reference to this same standard Disclaimer in the majority of their Presentations over the past few years, that I am aware of.
Regret not selling all as I mentioned shortly after.
What convinced me to sell a few??
That actually made me lol..
You guys are hilarious.. no seriously
BigAl, I listened to it live, not watched the upload.
What convinced me to sell a few was when Cheek commenced the presentation with the terminology ‘disclaimer’ . Is that mentioned in the upload ?
Or Tuesday, possibly Wednesday as its Systems favourite day . Thursday sounds good but if not definately Friday.
May be they want to issue a big RNS , push the price high , so why not give a few good news developments together ...
Monday could be the day ...
Just listened to the investor meet presentation again in order to specifically hear what James Cheek said about the two new sites coming on board !
At 31 minutes into the Presentation James said that we are still pushing for revenue from additional sites as they go live across the UK ''and we had two new sites actually coming on this week'' - So the two new sites actually came on last week ending the 5th April !!
Tiger,
Well with that caveat - “im not offering financial advice “. 😂😂😂
If you have misled, karma will follow you.
What, Tiger, you mean it's a punt? Get away!
It's not good that after one week Cheek has already failed to deliver another 'gain'. He clearly stated two more hospitals would be coming on line this week. We would have been informed via an RNS, as we were when Brighton took AIHL tests. We have heard nothing. Shame. GDR holders are used to disappointment however so this is no great surprise.
Prof Pls refrain from insulting my intel and integrity , I have made all my posts clear that i ma not offering any from of financial advise ...
More importantly we are all in control of your minds and money ... The fact is what if i am right , then all those like you who keep de ramping this , and its shoots to the sky could of made serious money ...
double edge sword ....
Tiger you ramping shyster, the naive would have put their hard earned on you B.S you sprouted and have probably lost what they can’t afford.
If you have deliberately misled and gained from it, I wish you the most cruel future!
Takeovers normally happen when companies are making steady sales, we are a long way from that .
So everyone who said it was imminent over the last 3 years was lying but now it’s actually a possibility ? 🤣
Tiger you are just a shameless ramper , people that have been here for longer than 5 minutes will remember you from before
Tiger16,
Are we still expecting a RNS @ midday 😂😂😂
Actually Guy , that is not how take overs work ... how companies take over Pharma ...
For the last three years GDR has been in the very early stages of development and approvals ... HARD work let me add ..now they are at a a stage were they have their medical devices are being approved and trailed by NICE and NHS , as well as being life saving and the only devices in the world ...
Take over now is attractive , as take overs only happen when you get this close , and its less risk for the buyout ...
This stock is a Hidden gem , if your brave and experienced ...
MP, this has been a 'takeover opportunity' for over 3 years now, you are just waffling
Full recommendation from NICE could also attract BuyOut opportunities for Big Pharma to take both AIHL and STROKE test market under their wings.
Roger65
Good to see a positive post from you after a long time. Very refreshing. I think there is defo more traction on AIHL and higher take up. NHS despite being slow is finally catching up and we should see higher sales revenues going forward from UK, and hopefully from both Europe and MiddleEast.
Next Operational update should provide more details.
Stroke tests should start generating revenues much earlier than i think. NICE full recommendation is not far now. Public consultation period started May 2023 and about to end on 26 April 2024. Genedrive expect no change in NICE draft recommendation received just recently.