Lionel1. As I understand it to go private 75% of share holders15 Aug 2025 09:53
Would have to agree. Where this has happened elsewhere 1, or a few share holders who between them own 75% have done it. Genedrive don't even have any share holders with 3%, let alone 75%! My opinion is either they will raise the money (directors buying a reasonable amount and taking a big pay cut) or a bid will happen. At 0.85p Current market cap £5.5m, no debt. 624,900,000 shares in issue.
2.5p x 624,900,000 = £15.6m..................... Someone has got to be tempted surely!
All IMHO.