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Wouldnโt it be NICE to buy into a company for 1.5p that will have 8m in the bank, giving them a 1.5 year cash runway and a natural revenue stream from July ๐คฉ.
Oooh wait - I am in that company ๐.
It's such a shame they burn through ยฃ4,800,000 a year just keeping thd lights on with MINIMAL company income!!!!
Our expectation is that more NHS trusts will adopt this simple to use point of care genetic test in the coming months and we continue to grow our opportunities overseas."
Very strong buy this now and Iโm slowly adding to my holding.
5 hospitals ยฃ100K income.
That's their cash burn for 1 week!!!!
๐คฃ๐คฃ๐คฃ
Is the revenue from July guaranteed ?
I would like to buy in here, but cash burn way too high imo. Shame really.
If GDR made a moron testing device sad ๐ slacker would test positive every time. Maybe that could be an idea for a new product
They have already stated their MONTHLY cashburn will be increasing to ยฃ600,000.00 plus EVERY MONTH!!!!!
ยฃ4.8m is NOT just for keeping the lights on Slacker. At least get your facts right. Thatโs for a fully operational R and D company.
This is a step in the right direction. A small step yes, but itโs just the start. Any genuine investors here will be pleased to see this development.
After so much personal disappointment in the management of this company and even though Iโve lost massively I am happy to finally see this kind of progress that will benefit ordinary people. Still think the BODs are not to be trusted and may still be giving pis one last chance to make a small profit before they either go private or let this be sold. Unless the raise is unsuccessful 1.5p is a bargain imo. I will be attempting to recover some losses so am grateful for that opportunity at the very least. If the sp can get back to 5p by the end of the year GDR will be doing very well. As Iโve said before, if - and itโs a big IF - the iis coming on board now have sticky hands then this will do really well. If they dump as soon as theyโve made 100% profit ie with the sp at 3p then itโs going to be a tough few months for lths. By my reckoning there will be at least 200m shares to be churned before the sp is let go properly.
Aaahhhh its a shame people don't like the facts!!!!
keep ramping and suck in the unsuspecting bag holders!!!
๐๐๐๐
Whatever they spend ยฃ400,000,00 every month Cash burn is cashburn!!!!!
Thereโll need to be ยฃ100m market capโs worth of commercial traction to get the SP above 5p.
Until then traders wonโt be interested here after the initial swings.
1.5p is already ยฃ10m market cap with the new shares.
Why are you interested in GDR and still posting then Joey - if this is such a dog - just curious!?
Iโm already in unfortunately at 12p average.
Not gonna ramp blindly like some on here.
Joey but they've just released a monstrous rns , this was the news we all dreamed of ๐คฉ
Well I donโt think anythingโs gonna stop this dropping just under 1.5p now.
Iโm badly underwater aswell Joey, although I think this is the best chance of at least breaking even again or making a small profit - got to stay optimistic ๐
Joe, you are lucky! Mine is 66p :-(