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Maybe a nhs contract is coming?
ATM DOUBT 5/S are coming never say never has support been found? Who knows only need a few sells and it drops . However happy atm to pay in the 6/s
However of course there sells as well to get the buys
So my advice to techie is jist dae wan yah muppettito por favor for you serve no purpose. Au revoir
There is a institutional seller in the background no doubt but value will out.
Hands up if you think Mr oak is about to choke !
400000 MONTHLY
MROAK WE KNOW CASH BURN IS 400000 but im buying into a future winner my end goal is 50p a share .Yes i traded it loads of times and all mine are free now . MOST PHARMAS burn loads of money but geni is in a billions of pounds mkt .SO IM HAPPY here to keep doing my thing and building up my shares . I TRUST geni board to deliver unlike some con companies .Maybe geni is not for you and you will find a better share suited to you . ALL THE BEST
From other day replacing a few i sold at 8p looks like its holding on 6p plus .Same old if she drifts will add
So i was going through the CCagain. I still dont like that the revenue is up only 37% over the last year. But they actually provide specific 2024 guidance although it is easy to miss and a but cryptic, 28:40 mark on the youtube recording. Revenue ~4M, 50% margin, costs 6M , expecting 4M burn in 2024.
Catch the monkey playing out to a T .. FIRST lot in the 5/s then if 4/s come will load up we see .
Not sure what the MM are doing as once again could only buy £3k first thing this morning and now is £1K?
And just like i did a few months back will fill my boots again if it falls to 3 or 4 p .Money to be made here .
Dearest Donmac,
Thankyou for your rather delightful comment!
My cakehole was indeed closed after your directive, mainly due to masticating on a rather appealing Battenburg.
However, your post does contain a couple of flaws
1) it was not "ever thus Q3".. it was Q1 up to quite recently. FDA questions can take weeks or months.
2) Q3 is not necessarily in three weeks.
As the company state in the presentation "around Q3". Could be weeks could be months.
3) the results are half decent but with the cash burn of 400k/month, takes them to late this year.
4) Market is not sniffing near term share price accretion, hence the drop.
5) near term chart is bad.
Support at 5.5p, 5p then 3.98p.
If it goes anywhere near 5p I'll have a few
Tis time for mr Buffets oft spoken quote " The market is a platform for the exchange of wealth from the impatient to the dah deh dah deh dah"
Myself plus another trader I know were trying for the whole last hour to buy on two different platforms and just could not buy any volume in fact the most I got offered was £500 and £200 respectively yet the sp offered was slightly below that shown above!!!
The company is well managed and it tries its hardest to do what it says on the tin but the FDA as in most cases can take its time. Those that can't wait go and make it elsewhere and very good luck but there could be some nicely priced shares available for those that care. Best of luck to everyone and I mean that sincerely, cheers Swissy
MUCH IMPROVED .YES could see 5p again however funds are ready for that if it hits . YOU be hard to find another geni how it is run . Every one has there thoughts mine here is patience . SO i wait to catch the pray . IF u look at other pharmas i wont name them but aim ones a lot lose up to 30 million a year . WE are breaking into the usa mkt our first sales have begun we are in talks with NHS SO ALL TO PLAY FOR . I pay my money i know the risks it looks great here .
And as for FDA twas ever thus but q3 tis only 3 weeks thus so shut yer cakehole.
With your portfolio mr techie you should be looking to improve your own IQ methinks.
It's a shame that in the modern day world of the internet there's a democratization of voice.
The intellectual and the illiterate get to the same airspace.
Unfortunately for investors that can mean danger.
MrOak, real investors and anyone who has any intelligence can see that you have posted several times in a circumspect and considered way.
As for that genius donmac?! Er
Sorry rampers, those results were underwhelming and with FDA being pushed back to H3 this is going one way short term.
Today's candlestick is the first of the three black Crows
WELL PLEASED i can wait as i said will add on a drift
Mr oak turns up with 2 posts both negative talkin tosh,go play with your games consul elsewhere!
Frankly i was hoping for slightly better results, at least 1.5M in 24H2. Its is gonna be a very bumpy ride. I still like the company but i cannot wrap my head atound this statement: "April 2024 YTD consolidated revenues are 37% higher than same period in 2023." ... it should be at least 60-70%, no?? Am I missing something or they are preparing us for soft H2?
Yes am holding tbis for a 2 bag or more Dom
patience just required just like Afentra
I feel we can rule out fundraise going forward after the interview.American orders for tests will ramp up sharply in the coming months negating any cash call.