Member Info for Denn92

RollingInIt.

Thank you, very valid post.

What happened...

Bit of a no brainer.

People took the saying 'sell on news, buy on rumour' too literally.. poor noobs.

Rising back up now.. idiots.

and believe that this news is anyway not a huge positive. Market makers going to drop this to try get shares where they have stupidly sold. Just be patient.

Highlights
· Revenue for the year to 30 June 2020 in line with expectations at £1.0m (2019: £2.4m)
· Year-end cash of £8.2m (Dec 2019: £3.5m) following an equity fundraise in May 2020
· Balance sheet further strengthened through conversion of the US$8.0m GHIF bond
· Over £1.0m of indicative orders for Genedrive® 96 SARS-CoV-2 kit, pending regulatory approvals
· Further orders for the CoV-2 test are anticipated through a widened network of distributors

The cash the business has in the bank almost makes a mockery of the market cap here. Let alone the fact they have c£1m indicative orders in a month of having a CE marked product with the expectation of further orders through a widened network of distributors. The markets they are targeting are also huge. India, US - who needs the poxy UK market which will be so insignificant in comparison. COVID is also not going away and a second spike will occur, the European stock markets is a shambles as a result. This has certainly lifted my confidence, well done all to those that have held. I would expect this to push us back to the 130 mark today at the very least.

Someone call a plumber.

samolly2 - 910 posts would suggest you have been around here for a while, but just in case you are yet to realise, not having new investors doesn't drop the SP...

Also Five$tar, I don't believe the CEO ever suggested sales data would be released in June. But instead sales data for June would be released shortly. Now given we are only 6 business days into July, I'm not really that concerned and expect some information this week or at least by Monday.

Sales data will be this week, stop stressing.

I'm mopping up your shares at a ridiculous price bringing my average right down!

If you could buy a house worth £500k for £250k, would you?

:)

If no news comes Monday or next week.. I'll be a bit dissapoited but generally not too dissimilar to the position we are at at the moment. If there is news.. then I'll be chuffed watching this share sail upwards.. calling myself the wolf of wall street.

If i was out on the other hand and news lands next week... I'd probably be having a pretty ****ty frustrated day, verging on suicidal.

I know which I'd rather be...

I know which I'd rather have..

Punter. You are pretty boring.

Why do you sit on a board with no intention to invest. I wish I had as much time on my hands as you do.

there is a significant amount of news due here, particularly sales will drive this to a 120+ close as people will not want to miss out on a Monday AM RNS with sales that take us to the 170+ region again.

Crazy to be out at this moment really. Such an undervalued stock for the best test available with ambition to target India. Isn't difficult to see.

Splendid.

And this only moves a few %. Taking **** or what? £60m mrkt cap. This should be a £1 a share at the very least. Must be some games going on here

Nm

Gla. This will rise tomorrow as will all covid stocks I should imagine. Not even out of lockdown and we are back to stage 1 in areas of the country. It will not take long. We still havent learnt from our testing mistakes previously.. good old British government.

Testing will continue to be the most important action to challenge and tackle this virus. Testing that GDR has the best and most efficient test for. This a no brainer for me.

Gla. This will rise tomorrow as will all covid stocks I should imagine. Not even out of lockdown and we are back to stage 1 in areas of the country. It will not take long. We still havent learnt from our testing mistakes previously.. good old British government.

Im straight in here. Sales numbers very soon and thats the only thing driving covid stocks at the moment. Short term 150 I reckon.