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Love this MM manipulation - so everything has been a buy except:
10.42: 30,000 at 5p (PEEL tick down)
11.07: 7433 at 4.81
13.55: 38,000 at 4.811p
14.14: 50,000 at 4.775p (SING tick down)
Currently about 433k buys 127k sells. only the most recent buys are deemed buys (but my test buys during the days matched all the buys at the time, even the 4.9 buys).
Anyway, passes the time until next news.
GLA
I think in that report it is stated several times that even if they do use Lab tests as often as possible it is expected that GDR's POC test would be used something like 35k times per year. If we get Full recommendation and this is the initial outlook then we will be fine, as even at that figure I think GDR would be making several £m profit. Possibly £2 to £3m to begin with and that would be just from the UK market. the US is further down the track as we all know but numerous countries in the ME don't have such stringent processes to go through, plus if it's approved by NICE and the NHS uses it widely then these countries can and will simply put the test in use, and quickly. No dilly dallying like the FDA in the US!
Together with a steady increase in sales of the RNR1 test revenue can get jolly close to meeting GDR's annual costs and with a tax R & D refund of nearly a £m again next March it's tantalisingly close to being financially self sufficient.
I hope I'm on the right track here but I'm hoping that Cheek, Gino and Russ are all on the same page and waiting for the trigger to be pulled and do a placing on the back of a good old sp spike and avoid at all costs any more RF drawdowns. I know nothing of course but we're close to making it I believe.
Thanks MyIPA. I think your analysis is spot on Roger. We just have to wait and find out which way things go.
Barring something significant and unforeseen the draft full recommendation ought to be confirmed. That really will be dramatic for GDR.
I noted Starres posted a subtle preemptive deramp in that even if it’s full recommendation it’ll be only when a lab test isn’t available, and that the NHS will provide more labs - as if the NHS can snap their fingers and a genomics lab would appear next to every hospital! No, there are only a handful of such labs in the country and they can’t cope with the limited testing at the moment. Time after time in the consultation when this lack of capacity was pointed out, NICE responded that the POC was the solution.
Confirmation on July 10th or sooner will be phenomenal for GDR, and of course once the platform is in wide use, all sorts of other tests can follow.
I’m quietly confident/hopeful. however, I’ve been wrong at every turn previously!
We,LL be bought by a USA pharma company..imho
Company runs out of cash in 5 weeks time - it’s unaudited cash balance as at March 12th was £1.2m
Either Cheek has already lined this up to go private or he knows NICE news will change the landscape very soon and will take another two RF drawdowns to tide us over until the company gets FULL recommendation from NICE on July 10th. Sp surge followed by a placing and more dilution but…most importantly we still own shares in this company.
What’s it gonna be? Buyout, go private or survive to see another day? Or admin even? Don’t think we’ll see that.
Muminr - they were quite obviously bed and isa - well done for safeguarding future investments at this low price as you moved the max no. shares into your ISA for this tax year! I think there is also a £5000 allowance now for UK stocks although I don't know how that can really be enforced or details on it.
Tiger - filtered for being a liar and manipulator
Tiger lied about the £20k sells claiming they was his? I can hardly believe it
So did I , and was dismayed one it became apparent the NICE EVA route actually slowed progress up in terms of getting AiHL to market.
Does seem as if CYP2C19 will be sold far more easily and quickly into several markets if Full Recommendation is published in July. Cheek I think must know it’s a green light or else he’d be taking the RF drawdowns to keep the show on the road. I think there is enough money to keep going for several months if RF provide further funds. Just won’t be very pretty for share holders expecting riches imminently.
Hope this works out well for you muminr. And everyone else invested. It’s ethically a wonderful stock to get behind. We just need another few thousand investors to pile in pronto.
Yes Roger, not very good of Tiger to do that. Nevertheless, unfortunately there's not much to be optimistic about for us LTHs. Cheek is really cutting the funding announcement to the wire.
However, despite my skepticism the CYP2C19 got draft full approval. If this is confirmed in July, or before, things should look better. It's only two months away and I've been waiting over 4 years so far. I always thought AIHL would be our saviour; turns out it could be the clopidogrel test.
Ah good to know. so Tiger was fibbing then. He claimed they were both his sells.
Anyway, certainly made the balance of trades look worse than it was then. Hoping for some sign of life here very soon.
By the way Roger, and others, there were not 2 sales for 20K at 9:04am. That transaction was by Bed and ISA!
II sold 421,074 shares from my trading account and bought them back in my ISA account. I’m happy with the transaction as I feared I might lose more shares despite II’s reassurance.
Really goes to show that the classification of those buys and sells aren’t always correct.
* before NICE news in July...
Without a rally of sorts Bit NiCe news in July anyone has to admit this is not looking good.
In the short term I think Cheek will have no option but to take another RF drawdown and in which case the sp heads back to 3p again.
All the best Tiger , we are all out to make money.
Good luck Tiger!
I don’t think you’ll regret selling out here, but we’ll see…
The first of May tomorrow. When does the money run out again? June?
Cutting it fine, but I am sure our magnificent management team have it all under control.
T16, you remind me of Status Quo, not sure who's had the most 'comebacks'
Seriously, hang around otherwise you'll miss the fun!
Taking my funds to RUA .. gives me more confidence ...I still hope things go good here for you all .. good bye all ..
Dont loose your confidence Roger , i may be wrong , those sells was me ...
Agree that no one knows anything but two £20k sells certainly looks as if someone is giving up on this at what should be a pivotal time for the company. Doesn't inspire much confidence does it?
Someone knows nothing
Somebody knows there's a problem!!!!
Bent as fuk, the lot of it!!!!
Facts, even if there was a nudge nudge wink wink as you call it, if it was published or obvious that the board had let slip, it would be the quickest way to p... Off NHSE, NICE, and the Government. Whether we like it as shareholders or not, we need the authorities and sources of funding on side, otherwise they will look elsewhere to spend their budgets
Ahhhh bless him he is trying to save us.
Guys I hate coming back here .. I couldnt resist ... you guys have no experience in trading and clearly are all small fishes ..
fact ; Following a public consultation of this draft guidance, which ends on 26 April 2024, final recommendations are expected to be published by NICE on 10 July 2024.
Its in the detail read : draft guidance ends on 26th April , final recommendations ARE EXPECTED 10TH JULY , WHICH MEANS THERE ALREADY WOULD OF BEEN A WINK WINK GIVEN AND THIS WOULD OF GAINED TRACTION AS WELL AS A PARTNER AND FUNDING ..
The final recommendations would of just a been a sign post that would be a line to cross , the confirmation would be out there now ... anyway good luck all ... Im out and have no reason to post here , I bought in at 5,50, so not a great loss , but another day here and watch this go the creek would be stupid .. this is my opinion anyway , NOT FINANCIAL ADVICE ...