Member Info for bigAl67

Hi ST,
Would the MM's know when an RNS is due ? or do they only know when an RNS is released, same as us PI's ?

On The Andrew Marr Show this morning, they were quoting Boris Johnson's view that there will be no need for another National Lockdown, and that Boris is planning the Countries future control of Covid-19 through 'Trace and Test'.

Hi ST,
Yes agreed, it would be nice to read an update from DB, around manufacture and further sales interest.
It does not seem DB is into spending much time around this kind of information though. Whether this is because his time is massively taken up on other more direct priorities ?
GDR are not a Big Company, with only 40+ employees, and so it must be difficult to satisfy us all with wanted information ?

Hi ST, Hi Grim,
My thoughts are that GDR will have manufactured a million Test kits, ready to go.
I agree that DB is a cautious guy, but I believe that his statement of 1 million+ indicative sales does not portray the enormous scale of demand in the world.
It is my belief that DB will have experienced a BIG interest for our RT-PCR kits, and therefore know the little risk in go ahead with manufacture.
It would be nice to know that he has decided to go ahead with manufacture though !

Hi ST,
Is there anyway to find out whether GDR are stock piling our RT-PCR Test kits in readiness to despatch as soon Approval and confirmed Sales are signed ?
I know the Fiscal report showed we still had the £8M cash, but that could be just due to a standard invoicing/payment period ?

I sooooo wanted Starrenstoff to win !
10. Starrenstoff = 17th July 4.30pm

Why are we forgetting ICMR approval - Good point Badmashy:
1. bigAl = 29th July 07:00 hrs - Hope Db has a cellar full of Bottles LOL

FDA RNS sweepstake with the winner getting a bottle of something off DB?....

1. Clark8004 = 29th July 1200 hrs
2. ST = 24th July (intra day)
3. bigAl = 28th July 08:00 hrs

Hi Ethio,
Absolutely, and it is the RT-PCR Tests they prefer.
Did anyone find out whether GDR are stock piling our RT-PCR Test kits in readiness to despatch as soon Approval and confirmed Sales are signed ?
I know the Fiscal report showed we still had the £8M cash, but that could be just due to an invoicing period ?

Great News - Ethio,
This could well bring events forward !

Hi Dreamachine,
Thanks for your reply.
I have always enjoyed your Posts, and found them informative, and well considered.
Personally, I think it would be a big risk to invest elsewhere, and timing investments to neatly coincide with GDR's rise from the ashes. It would be a shame for you to risk missing out on GDR, so close to the Great news that is surely forthcoming, soon. I understand why you are considering buying into GDR, once good news has broken, but I do not believe it is that easy to decide the right time to buy in then either ?
As to your personal questions: My thoughts for what they are worth are -
A)will positive news be delivered in August to finally shift the SP ?
I believe positive news will be delivered in August, and even possibly before the end of July.
E.G. the RANDOX news today could turn the UK Covid Test Kit status on its head. Let alone approvals from any of the 11 countries we are currently pursuing dropping in. Never know when and what news may breakout !
B)how much further can this go down ?
My thoughts are, I really don't know how much further the SP can go down from here?
But what I do believe is that the SP is a bargain from here, and will return investors a Massive return from these levels. Hence why Spreadex have increased their holding !
GLA

Hi SNewby,
My average is now down to 131.
Hopefully we have seen the bottom, and our SP rises from hear, but I am not sure tbh.
All depends on when Approvals and Sales news, drops in.
Although SP could start to rise simply because Investors believe GDR is a Cracking buy at these levels ?

Hi Dreamachine,
From my perspective, I don't want to take the risk of selling any of my GDR Shares at a loss (currently £43k down - on paper).
I bought in at 182p on the way down from 220p, and have kept averaging down, all the way to 88p.
I am prepared to average down again in the low 60's, and again in the low 50's and 40's, if need be. I do believe GDR has Great Products, and well worth a Big re-rate, sometime soon.
However, I do not want to sell any Shares, in case news comes through, that drives the SP up massively, while I am out ? It's not easy to know when to buy in again ! After all, if the SP were to jump say 20% on Approvals, and I bought in after the said 20% increase, from its low, (which could be now in the 60's), whats to say the SP would not drop back again, and I stand to lose another 20% ?
I have taken the view GDR will sell their Products, and make me a profit, so stick with my plan, keep faith and believe !
Speadex increasing their holding, has convinced me there is no unknown problems, other than process time to get GDR Products sold. IMO.

Hi, Where-is-my,
Many thanks, been out this afternoon, so not caught up on all the posts yet.
Is it that the MM's make loads of money from sellers as they drive the SP all the way down, and then make loads of money from buyers, as sentiment takes the SP back up again ? Is it legal for MM's to behave in this manner ?
I suppose a SP that does not move, makes them NO money !
If I was on GDR BOD, I would not be happy having an MM manage the SP down in this manner, and clearly not caring about GDR share holder pain.
Thanks for the insight though.

Hi Guys,
My question is: with Spreadex buying up GDR Shares, increasing their holding from 3.1% to 3.5%, why has the share price been dropping during their buying campaign ?
I would have thought the SP would go up due to their buying demand ?
I get that as shares are sold the MM's hold them back to fill the Spreadex order, but would have thought with the volume of Shares they have bought the GDR SP would go up, not down ?
It also looks as though the SP could go up now that the Spreadex buying spree is over - or is it over ?
Seems odd to my way of thinking ?

Good work Safy, well done, good to know this information.

Hi Technick,
Thanks for making me laugh - I needed it ! I hate Egg sandwiches too lol

Hi EE,
Excellent posts, for sure our GDR SP will not be waiting until October to recover !

'IMMEDIATELY'

Hi Lp,
I understand your view that the hype drove COVID SP's higher during the peak of the Furlough period.
This hype was built on sentiment, not on results i.e. Approvals and Sales.
We all know the GDR SP has fallen from these highs due to NO confirmed Sales - BUT we also know many sales have been negotiated, and will be progressed once Approvals fall in place, and these Approvals will happen.
Even if Approvals take until early August, (And I expect Approvals before early August), it will not take until October for Significant Sales to be confirmed, and our SP to IMMEDIATLEY rocket, IMO.