Member Info for 1DayRodney

I would just like to thank all the traders currently keeping this stock liquid.

This company now has focus and is way, way more than just the two current tests and current device incarnation. The quantity and variety of POC genetic assays is only going to increase and with income comes greater and faster development of both the Genedrive device and future assays.

I agree, takeover/merger is virtually unavoidable - why develop when you can buy instead? So, as a LTH, I'm going to hang in there and wait for the inevitable £1.29/share offer after we receive full FDA approvals for both current test kits 😉.

For those who have Hargreaves Lansdown as your broker, I noticed voting on the scheme is now available.

For those who have not done this kind of thing before (HL only):

Use the website access to your account (not app).

On the right hand side of your account front page you will see a section called 'Shareholder Meetings' - click on the link and it will take you to where you can vote. NOTE - there are two separate votes to be cast, 1 at the General Meeting and 1 at the Court Case.

HTH

For those who do not vote through their broker e.g. Hargreaves , the proxy forms are now available on the micro-site linked below by Stuartrm.

small note to @slowlyslowly - it's GM who have the main take off agreement I believe rather than Ford.

I believe they may be referring to here....

https://corporate.easyjet.com/investors/reports-and-presentations/default.aspx

Reports & Presentations HY 2024

RNS 13th June

"Further details of the Offer, including an expected timetable of key events, will be contained in the Scheme Document which is intended to be published, along with notices of the Court Meeting and General Meeting and the Forms of Proxy, within 28 days of the date of this Announcement, unless Trident and Bidco otherwise agree, and the Panel consents, to a later date."

So nothing missed as of yet..

Does anyone think there's someone (or several someone's) out there buying up stock to solely influence the percentage of either yes or no votes?

There's a fair few sells, so someone is still buying...

My understanding is that the 8.3 form has to be issued by any person/institution who owns 1% or more of the shares in a company which has triggered takeover procedures. This has to be done within a 10 day period of this declaration.

I don't believe this represents any voting intent (although in this instance TRR have declared at least 28% of voting rights will be voting in favour of the takeover).

The form shows how many voting shares and how many shorts they also hold.

I'm happy for anyone to correct me if I've got the wrong.

I know you can't buy ASX stocks through Hargreaves Lansdown.

Not happy with price or BOD actions.

SP was in high 50's just based on Thacker news and we've not even had a maiden dividend yet! This company has (had) great potential growth over the next 3-5yrs.

The big boys wants their ball back so we're having to liquidate with (imho) a very weak offer.

I don't think there's enough resistance to stop it, so it's probably going to go through😕

How dare I indeed, it seems.

"negative and unhelpful tone"

I appreciate you sharing privaleged information but my comment was questioning the scant communications from the company with regards to this asset in particular. Not negative or unhelpful.

Goleftmassa said

"It seems fashionable to bash BM for the timelines"

There's been a distinct lack updates and any kind of the progress or projected timeline of Pitombeiras. It's been over 2yrs since a 'partial' technical report was issued (with associated share price drop) and over a year since any meaningful mention of the project.

Based on your 'info received' (note - not officially announced info), are we now having to wait for the Fodere line to be built (hopefully on time) before the next decision is made or official update announced?

I think this statement answers your query..

"25 tonnes of material from Pitombeiras awaiting shipment to South Africa to be tested in the pre-commercial plant."

So it seems the sample is still in Brazil.

Should imagine it's like this...

Apr 23 🕳️🪨 ▶️ 🛒+🐴 ▶️ 🚣‍♂️.... 1yr later...🇿🇦 ▶️ 🦥+🛒 ▶️ 🏗️ ▶️ ...maybe 1yr later =📝

Meanwhile, share price...〽️💩

and stockholders...😢.

It should be 🏅not wooden 🥄!

ProfessorSPD wrote:

"However the greedy pigs prefer to ride on the back of shareholders."

That is an extremely aggressive, derogatory and potentially libelous statement.

I agree that it's been a rough ride and big(expensive) mistakes have been made over the years, but after going down several cul-de-sacs, this company is, at last, focused and moving in the right direction - way better than the chaos and stagnation of the last CEO's reign.

As the anchors of NICE and FDA become unshackled, this company will realise it true potential whether as a standalone entity or a subsidiary.

GDR is no leisure or 'fly by night' company just run to pay the BOD like you infer, instead it is producing ground-breaking medical tech to be sold worldwide.

Your expectations of a swift mega multi-bagger just to offset your own investment choices are unrealistic. I hope you get the exit you want, but unfounded statements like this will not help.

@onlyprofit

It's not normally carried out through email.

If you deal with Hargreaves Lansdown -

*Login to your account through the website (not app).

*On right hand side of the page you will see a section "shareholders meetings".

*click on it and a list of available meeting appear.

*next to each one is a 'give instructions' link.

*click on this and it will take you to another website where you have a tick box voting form.

*once you've voted, you can close that down.

*you can check by refreshing & looking at the meeting list again. It should be marked as 'instruction given'.

HTH.

Other brokers may have a similar system. If not, ring your broker and ask them.

From the same RNS:

"Publication of the results of the Open Offer 30 May 2024"

GM @1100 on 31 May then:

"Publication of result of the General Meeting 31 May 2024"

Fundraising shares will not be be able to be traded until next month on condition that the raise is successful and voted through at the GM.

From RNS timetable:

"Admission and commencement of dealings in the Conditional Placing Shares and such number of REX Offer Shares and Open Offer Shares applied for.

8.00 a.m. on 3 June 2024"

The various fund raise actions have to be voted on by shareholders at a General Meeting in order for them to proceed. The meeting is 11am 31-05-24.

This meeting has now popped up on Hargreaves Lansdown front page under 'Shareholders Meetings', so you are now able to cast your vote on the proposals.

This is probably the same for other broker platforms.

Cut off date for casting your vote this way is 28-05-24.

Vote as you wish, but I would say please do vote - it is your right.

To those who were wondering about HL, I have now received the offer entitlement and instructions via their messaging service.

Note - that the application has to be done through the website. It cannot be done through the app.

Also, when the time comes, the shareholders voting that will be required will also be through the website.

HTH