Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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"We just need funding confirmation and the placing price , and this is going to fly.."
Yeah, it will fly..right down to the placing price !
Niss...waiting for funding and then going to buy back in..??
Get the elephant out of the room and let’s move on.
Funding needs sorted asap and then the fireworks will begin in July 2024 ☄️💥🔥.
This was a lackluster RNS. Why could they not reveal the name of the partner? I can't see the wisdom behind issuing this now.
You must be mad this is going places
I actually sold completely out.
Is tiger16 Nissan?
Deramper *
You genuinely think this is going to open 80ish% higher than close?
My god im going to get called a ramper for disagreeing with all the hyperbole again arent I
10 p open tomorrow as this will now re rate .. amazing news guys , bottle of champagne is open ..
I mean the Usa , omg .... can you imagine this market and the future now ..
we Just need funding comfirmation and the share placing price , and this is going to fly ...
??
Guys this is the biggest news a life science pharma can achieve .. its really that simple .. The market they have just tapped into his the key to the world ..
A few more RNS confirming funding , nice , and USA Partner .. game over this will be no less than £1 plus ... I said this morning , the next couple of days will the the best entry points .. Now its to late this will open up high tomorrow ..
Fre1 you know why this was £2 right? It was because huge sales were expected in a global pandemic
Also there was about 1/3 of the shares as there is now
Well we know how quickly this can move and multiples of the current sp is not out the question given this was £2 a share historically.
GDR are looking increasingly likely to get placing funding from sticky hands, much like EVG did a couple of weeks ago...
Dilution, sure but when the shares go into new fund managers it shouldn't really worry Pi's.
Thnaks for the info, much appreciate it
After the disastrous turn of events at Bushveld Minerals I wanted to warn AIM investors that there is a concert party that ramped that share incessantly and caused a lot of individuals to lose significant amounts of money. You may have your own “to be ignored” list but watch out for these charlatans:
Sammy58
Fatbanker
IsleworthSpy
RichKen
Knuttie
Loudspeaker
Metatron
Clarkgriswold
faramog
Cindercone
Massiveray
It's the uncertainty surrounding the funding that's holding the price back ...investors holding back why would they buy at 6 p when tomoz maybe they will be able to buy at 2p 3p 4p..??
Clearly excellent news and some disgruntled shorts here have been caught out trying to deramp. A clinical trial agreement is postive news and paves the way to tap into the huge US market as alluded to in the rns. Tie up with other collaborators one great option.
World wide adaption lol.. we are currently in a few wards in Manchester and one in Brighton
Funding doesn't always come at a large discount as some have recently suggested, going by the history of the company. This info can be cross referenced from the RNS reports.
Past performance isn't always predictive of the future. That said, find some info on previous fund raises as below:
- 23 June 2016: at 80p per share which was an 11% discount on the mid-market price from 22 June 2016 (next placing was 29 months later as the company made money from the disposal of part of the business and received grants from the American Military)
- 16 November 2018: at 23p per share, which was the mid-market price from 15 November 2018 (No % share price discount applied). The next placing was around 18 months later.
- 5 May 2020: at 80p per share which was a 60% discount on the mid-market closing price from 4 May 2020. The next placing was around 16 months later.
- 10 September 2021: at 25p per share which was was a 40.1% discount on the closing price from 9 September 2021
- April 2023: The Riverfort drawdown
Next fund raise????
I think they'll go for a raise of around £5M - a years cash burn.
We should have natural revenue for the CYP2C19 test from July 2024 anyway, so the money can be used for FDA submission for the MTRNR-1 as JC alluded to.
GLA.
Stephen11.
I'll send you some share issue history in a couple of minutes eotb1958
No punt money there
IF both kits get world wide adoption this has to be an easy 10x maybe 100X
Your a bundle of fun ;(