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I agree with vine here mr much, your words are no longer constructive and are of no help to people on this board. I would sell
Drmichaels
Please do us a favour, sell tomorrow morning. Take your profit and be happy.
Instead of your constant negativity.
Yes there is a risk and we are all well aware of that.
We don't need you telling us all day everyvday.
Bye
Fingers crossed news lands here soon for everyone invested
You can still trade them but its risky..
@DrMichael, Thank you for the inputs , I will wait and watch until 90p ,hope we never go there.
Yes I also came to conclusion a few weeks back unfortunately that terrible thing called greed kept me believing something was coming or I’d have been out at 1.50 with nearly 60% which for the amount of time invested would have been a great result, ya live and learn
To be fair Dr Michaels.. a few have done this.. Avacta, Vela, SNG .. all raising millions when they would have no chance normally.. I came to this conclusion a few weeks back.
GLA.
@cwalsh I have kept that belief also and greed has kept me invested but time keeps passing and still nothing , I think it’s time to say GDR show your cards or we will go play on a different table
Hmmm , I am trying to figure it out the reason behind their silence, I still believe they are working on a bigger thing but the time will tell..
I’ve set my sell price slightly below where we are now , I would leave even and hurt if maybe a little emotionally battered as I feel I’ve been played for a fool , I guess that’s business and clearly GDR are good at some business unfortunately not the covid type
Good question , was it a poor investment ? I don’t think it was necessary a poor investment as all come with a level of risk , I just feel a little out manoeuvred by GDR , when I made the investment I weighed up the possible scenarios that could happen as I’m sure most people do , I didn’t take into account this as being a possibility , my own fault I guess got caught up in the covid hype , I’m lucky I’m in at relatively cheap money compared to many people , the company foundations are still strong in my opinion but not in the covid field and any thoughts of its flying to £2 are long gone , I think it’s more a stable 80p/£1 in the long term , I know that’s not a good opinion for a lot of people as they paid more , it’s a 20 year old company with many other good products so it’s not going bust and it’s wasn’t a AIM scam but it has been a big let down
Drmichaels,
I’m guessing if you haven’t sold already you will be doing so first thing in the morning?
Hold that thought. I'm sure we will revisit when news appears.
I think they have the products but we will never see them on market , pricing , poor marketing I don’t have the answer I wish I did , but the fact remains we have failed to produce a single sale after all our approvals and target markets , by the time we sell something all the juicy contracts will be taken , the poorer countries will have bought cheaper tests funded by Gates foundation etc, it’s a totally legal very intelligent move from GDR they have seen a opportunity to further the business in there existing fields and taken it , we are not dealing with a silly man here he has executed this perfectly
@Drmichaels For someone who claims to have invested in GDR, so much negativity, was it a poor investment for you?
@drmichael, What about the partnership with BC ? Do you think they would allow GDR to use their name without any actual product ?
And I also believe MMS thinking the same as I fine it hard to believe there were 4.5 millions pounds worth of PI s looking to buy that money’s worth of share in the time frame they were sold
Basically if they didn’t believe there was more money to be made they would have sold the lot. So I’m going with that logic personally
If I was to speculate, I’d say BGF have seen the ability to double their return on the investment and taken it. So now what ever happens with GDRs sp they can safely say they have doubled. But now holding the rest as I’d like to think they can further improve that once GDR have progressed their business in couple of months and make even more. If I was them this is exactly what I would do
Not sure when they'll exercise. I can only assume they in discussion with the company, else why not convert and sell the whole lot.
Long term, this be 4 soon. Yea it’s a good model. However surely you can see my point, for a PI it’s not great news for further shares at their agreed rate to be thrown on to the market for sale at today’s SP? Both holding down the SP and dilution.
Dave77 - this might be of interest following the BGF thread yesterday:
https://www.bgf.co.uk/bgf-announces-six-month-exits-success-in-the-north-west/
Just went into trades, noticed the delayed all between 11.08 and 12.18, and a 96k to add, mmm.