It’s a company specialising in investment in ‘smaller’ companies, and they have to date provided a good return, so certainly not looking at a quick flip. They will have done their due diligence before selecting EQT
Tomorrow is now like the preverbial broken record - how on earth does anyone think anyone can be convinced by such statements. Ftse flying but st least GDR managed to finish blue for once! I can well see this walked down to <50p before any sign of news, then think the news will be so week that the sp will barely move. CEO seems to be just letting holders burn. Unbelievable performance.
Very interesting to see Amati get involved here, as they do invest in smaller companies with strong potential - I invested in Amati back in 2017 and had done very nicely with them. Very confidence inspiring, but not entirely surprised they’re getting involved here, given the prospects.
Darren - think they had the dead cat bounce the other day, which was where the best gains were - don’t think there will be any great gain short term as just too much tainted news around right now driving uncertainty
Safy - think you hit the nail on the head - alot more risk being a first adopter, and not much more to gain. Sit it out, you get a better entry price and far lower risk of downside if it doesn’t come good.
Think the very significant question now is just how low can this go. As long as no news is shared, this will be steadily walked down imo. My personal strategy now is just sit on the sidelines, wait it out, see the drops, then the moment news comes in, jump in. You miss the initial few % gain potentially, but that’s nothing compared to the losses. If I’d stayed in, I would now be sitting on losses of over 50k. Near miss, but I have that to buy back in if it ever goes, and the benefit it, the potential upside gets greater every day while it drops. But in my heart, I now seriously wonder whether GDR do have what it takes to seal deals. Very happy to be proved wrong, but right now, no evidence to the contrary.
Sounds like you need to understand the charts first - Just loom at the fundamentals and where the company is right at you now in terms of progress. Stay out if you want, but I know what it’s like when it moves, and it moves fast :-))))
Exactly - panic selling is what investors rely on - panic selling by the impatient, selling to the patient - fundamentals of the company unchanged in a market that will be seeing great growth into the ‘green’ economy.
Think confidence has now all but disappeared for DB to come forward with the ‘news’. Think he’s done an appalling job of keeping folks and the market informed. Think the story could have been so different if he’d simply been more communicative. I now just wonder what on earth are they doing, much like most folks on here now. Everyone just wondering...........what’s next. I think one sign could be when the directors start buying - no buying=no confidence.
I would strongly expect it was the placing being made successfully, seeing EQT’s position getting stronger and seeing it as an opportunity for a punt by a company who may have missed the boat. The US is well founded on ‘having a punt’ legal cases. Nevertheless, very good to remind ourselves that this is not affecting the markets outside the US, so EQT still remain in a great position going forward. I’m sure this make DP even more determined to drive the company forward - after all, it is also in his strong interests, having plenty of skin in the game.
Just look at that big grin on the guys face and makes you wonder if he’s shorting GDR - had to smile, as it’s just unbelievable how this has dropped so sharply - welcome to AIM. Just don’t get why GDR aren’t being alot more honest and upfront about where they are with approvals and sales - my guess is that they think that if they shared the reality they’re could be a sell-off which they obviously don’t want - crazy!
I sold at the same kind of price, but having seen the recent RNS and how this has fallen, certainly wont be rushing in right now. Trajectory is all wrong right now, and to be honest, given we’re still in the ‘hoping’ period for further news on more positive sales etc, think the sp still has further to drop. Remember the recent update. At the rate they’ve been moving, they wont be suddenly announcing mega sales next week, or even next month I doubt. Right now is their prime time, so to see no marked improvements in progress will not bode well.