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I’d take this imprecation a tad more seriously if you weren’t constantly going on about RUA!
;-)
What is that based on 2r?
Pls can we stop talking about other stocks on this board ..
so no RNS , which means that they are holding back funding .. why ? they may have other options now.. or they would not watch the sp tank like this ... a placing would of taken fusion ...
They are waiting for some serious development ...
SCE will be sub 1p before it is 4p
I know you're just being honest but it's not very pleasant to come on here and talk about the potential money you can make off the back of folk heavily in the red... and secondly the lower the price of the raise the worse the optics and therefore the more difficult it is to recover to even the likes of 4p plus there's many more shares in issue.
Yes Cheek is inept, as was Budd. The skill sets required of research scientists and business executives aren’t particularly analogous, clearly.
This play is all about timing, obviously, as trading always is, but there is even less of a margin for error here than you get with most trades.
LTH’s don’t want to hear this, I realise, but from my perspective the lower the price of the raise the better. A rise to 4 from 2 is just a double, but from 1 it is a four bagger. So I would love a highly distressed raise to trade into. At such low numbers the mathematics is compelling.
But as you say, they look like they are going to tide things over till July with an RF drawdown.
Historically that has tanked the stock price as RF has dumped in huge volumes so it might also be good for lowering the price short term.
As for SCE, I’ve taken a pretty large position, I couldn’t help myself. Well see if it works out…
It’s not going to be an easy trade to finesse, but then why should making money be easy?
Well signals or otherwise makes no difference as the cash was always going to run out before sales, so has never been a secret. The need for and planning for, long term investment to match the long sales cycle was a much fairer and equitable way of managing this business, rather than listing it on AIM and feeding yearly bullsh8t to retail schmucks. The management team have never had any moral scruples or they would have told the truth that this would take many years of patience, something they have always been entirely aware of. Unfortunately they have roped everyone along and ripping off your fellow man as long as its "lawful" is an OK thing to do in our wonderful world of capitalism. I wouldn't put a dime into this at the raise because it still won't be enough to get it into profitability and it'll be more of the same long term pain but loaded with yet more risk for investors. This will still take multi years to provide a realistic return for early investors in the business and needs to be bought out. Frankly if the raise is unsuccessful you'd still get 3p when sold anyway for all the IP and goodwill etc. A raise no longer makes any sense IMO.
Gdr isn't being shorted
Cheek stepping down would be great news
What good news is expected?
Yes, issue is that lot of sorters in the stock market than before specially investment companies, so they sell into small rise, so therefore unfortunately this is dropped and re-valuation had to to be with current price. 10p plus is still 3x.
I sold mine around 5.50p to make stop loss and bought back today.
GLA
Could be wrong, but if tomorrow could possibly see any good news, the SP today would be closed to 1.5p.
WASU
Posted in: GDR
Posts: 881
Price: 7.875
No Opinion
Day traders trying to spread de-ramping5 Apr 2024 09:55
This one has good foundation now and will rise 20p, and then 50p this year by summer.
It was gonna be 50p this summer a month ago though ?
I just bought here.
I would say this will be above 10p by August.
Good luck all!
For SCE there is the possibility of securing a large contract as we know £400m of the £700m hasnt been signed for yet. Confidence in operational aspects will also improve confidence - hence importance of presentation. The key factor may be the large sustained buyer who seems to be hoovering up shares... but yes, it may just limp along for a while.
If GDR can make the RF facility last until July then the cash raise might not be quite so bad as 1p. 6p on announcement and 3p fundraiser is an optimistic view. Signalling to the market that you are going to raise funds for months in advance is just inept.
Agree with you the raise will be at same ish price. I'm in after the placing overhang recedes. I could be wrong, but do not feel anything will lift SCE so quickly.
James Cheek silence has led to panic. They should have raised when it hit over 9p in April.
Yes looking forward to the SCE presentation, should square things up nicely. Going to be a bumpy moth but it will rocket at some point so no point in sitting on the sidelines. Confirmation needed regarding drawdown on the loan for capx and then its away.
I've been in and out of GDR for a while, make a bit of money but I really want to get a position I can sit on and hold with confidence, but that doesn't happen without cash in the bank, so yes will be pilling in here at some point. The current market is a nightmare for companies but is offering many areas of opportunity for investors if you can time it right. I think GDR will do very well.
Following on from this I see you have a position in SCE after THEIR heavily discounted raise, Dogg.
The investor meeting for that company will be interesting tomorrow!
Are you going to get into GDR if there is a raise? It looks like it will be at a similar price to SCE’s.
And whilst there isn’t the huge order book that SCE is blessed with, GDR has the prospect of a huge approval from NICE in July which will act as a huge stimulus to the stock price, if they can sort out this equity raise at some price or other.
If they get this raise off I’ll be piling in, that’s for sure.
Dogg
The CEO, Cheek has said a couple of times in shareholder briefings that there will be an equity raise, in so many words. The second time pretty recently.
Mind you he has said a lot of stuff, about sales, about FDA submissions which have not met this timescales, or indeed happened at all yet, so his credibility is pretty low. IMO he’s out of his depth.
Bankruptstock!!
No chance of a ceasefire in Gaza because it would be the wrong thing period!!
Turning into?? It's been like it for years and will continue until new ownership and funding sorted. You didn't want to listen.
Under normal circumstances I’d expect this to bounce but the looming prospect of a very discounted placing makes it unlikely now. Tge RF facility is at an 8% discount which would be a much better rate than going to the market so I assume the company will utilise that first. However the statement “Finally, we will seek to raise further equity funding in the coming weeks in order to provide a longer-term financing solution for the Company's exciting growth plans” has been assumed to mean an additional placing?
Into the 2,s if no news today /this week..what sh*t show this is turning into..!!
There is more chance of a ceasefire in Gaza today than a rns