Member Info for GAZALA69

I don't subscribe to Germany being so good with this virus.
There figures are distorted in regards to people dying from Covid-19.
In Germany, if you have cancer or some other life threatening illness when you are admitted to a German hospital and you also have Covid-19 and subsequently die from Covid-19, the death certificate will show that the person died from the illness that they had (ie cancer) and not from Covid-19.

Most of you probably know this.

He's just posted.
The sentence "It takes too long to get test results back – several days in some cases – and those most in need of regular testing, such as care home staff for example, are still reporting they cannot always access tests." just goes to show that when available, the 10 minute saliva test is going to be the winner.
What Nick posted:
The prime minister is effectively trying to pull off the impossible.
He wants to try to re-start normal life, while keeping the virus at bay with limited means to do so.
With no vaccine, the government is reliant on containing any local outbreaks.
But the problem is that even with the extra testing that has been put in place over the past month, there are big holes in the UK’s ability to suppress the virus.
It takes too long to get test results back – several days in some cases – and those most in need of regular testing, such as care home staff for example, are still reporting they cannot always access tests.
Our ability to trace the close contacts of infected people remains unknown – the piloting of the system, which involves the use of an app and army of contact tracers, has just started on the Isle of Wight.
It means we are effectively fighting this “invisible killer” with one hand behind our back.
We are not alone in struggling - similar problems are being encountered by other countries.
But we are still some way behind the best prepared and equipped, such as Germany and South Korea.

Ignore me. I didn't check the date.
I'll get my coat :-)

Look at the price paid per share for most of the delayed buys.

That is what I said yesterday Banshee.
Calm down everyone.

Forgot to add that you wont just have one test IMO.
Also, the quicker the test results, the better.
I don't subscribe to having to wait up to 2 days for the result of a test but that is the best we've got at the moment.

Not that many for a world population of 7.8 billion.

Completely agree with you Marve.
Calm down everyone.
Onwards and upwards.

I think that was me Alwaysone.
'Genedrive got it wrong' posted 1.03pm on 6/5/20

I didn't mean any harm and I am holding shares in Genedrive.
I just think that they have played this week wrong.
The investors are in a right old frenzy now ie Do I buy? Do I sell? How do I get hold of those cheap shares? etc etc
This stock is in a right mess atm and I can't wait for all this to settle down - was never like this at Avacta when they issued 3.75 million shares at 18p.

Anyway. All the best for tomorrow everyone. I hope that this settles down quickly and turns out favourably for all of you that have invested.

Cheers Sunn1.

I for one knew of it Sunn1 (mainly via reading the work of Myles and some others on here).
I knew that it targeted just the tumour and didn't put the whole body through the torture of general chemo.
Never listened to an Alastair Smith webcast before and he explained the cancer drug perfectly to a none scientific person (such as me).

sorry..... particularly taken aback by.....

Yes, well done at_home.

Agreed.

Mr Smith delivered this perfectly. You clearly get the impression that he loves his work, believes in the company and he is not just there for the money.

Besides the Covid stuff, I was particular taken aback by the PreCISION Pro drug to combat cancer tumours. The warhead is activated by FAP that is present in a tumour but not in healthy tissue. Turning a cold tumour into a hot tumour etc. Oh my - this will be a game changer in the treatment of cancer.

Not sure what your thoughts are on the following but I do think that Genedrive got it so wrong on Monday & Tuesday of this week.

I will compare the introduction of additional shares on the cheap with Avacta (note that I am not ramping Avacta - I am using them as a comparison).

Compare the flow of RNS's:
Avacta 06/04/20 at 7.00am Proposed placing on 24/04/20 for 20.8 million shares at 18p to raise £3.75m. This was discussed plenty within chat. Many disgruntled posts but the investors realised that the firm needed more funds. The share price at the end of the day didn't change much.

Avacta 08/04/20 at 7.00am. News on Avacta & Cytiva collaboration.

Avacta 22/04/20 at 7.00am. Avacta & Cytiva partnership ahead of schedule.

Avacta 24/04/20 additional shares placed. SP close had increased v. SP opening.

Genedrive 04/05/20 at 5.00pm. WHO Prequalification for HCV-10 test.

In the morning Genedrive's SP had risen to near enough £3 from just over £2.

Genedrive 05/05/20 at 8.50am Proposed placing 10 million shares to raise £8m

Then the SP dropped from nearly £3 to sub £2 and inherited a lot of disgruntled investors, many of whom lost out big time by buying on the rise and then selling on the drop.

My take when comparing the proposed placings of the above two companies is that Genedrive should have posted an RNS last week or at least two or three days before they issued an RNS on the WHO prequalification. Investors would have ramped / deramped the proposed placing without much change in the SP and then when an RNS was issued two or three trading later regarding the WHO prequalification you would TODAY be looking at a £3+ SP instead of £1.95 (as of now).

Just my take on this issue.

Please note that I have shares in Genedrive with an average of 76p and I have not bought or sold any shares this week.

Will be hard to carry out a proper shake with so few shares in circulation for this company.

Couldn't agree with you more MR.Spacetomato.
This is an investors message board - not WhatsApp or Facebook.

Don't post on the lse message boards but I felt that I had to congratulate the muir for making me laugh out loud at the classic FM comment.
Thanks.