Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
The full account from march 2023, mentioned that GDR have enough money to last until the end of the year. This did not include River Forts death spiral, as I see it. As drawdowns stopped just 2 months after they started (due to sp falling below the 16p threshold) its safe to say GDR are in trouble, especially considering inflation. Perhaps the most prudent thing GDR can do now is to sack everyone and rehire once the 3 year data gathering period is over. Sounds ridiculous but anyone have any other realistic options, other than being bought out or winning the lottery?
Thanks all. I think we can conclude that GDR will say nothing wrt to it's current finances, if it isn't legally obliged to.
Are GDR legally obliged to publish final year results before the end of the year?
>That is my dream. GLA!
OMG, no way.
>Has anyone noticed that Genedrive exhibition stands look like a first year students
Exactly. Mr Cheek should order the stand to be catchy. Perhaps, surrounding themselves with cots, fairy lights, baby blankets, dolls and nursery rhymes. They should offer free GDR nappies for babies (or angry investors).
" I said I phoned option 4 for finance
The guy that answered said he does not know when final results will be published!"
Perhaps it was the cleaner. GDR finance too busy ordering more pens to give away.
They are probably extremely busy selling AIHL to European hospitals. lol.
Mr Slacker
" can't be **** d!!
it was the 21st november last year!! a week away and still no confirmation of the date.
i want to know what the fuk is going on !!!!!!"
Is that what GDR's finance said when you emailed them regarding date of final results?
>Jeez there’s no patience these days from investors. Want it all now now now!
Mr Bloggs, indeed, if there is one thing GDR are exceptionally good at, it's testing investors patience.
" More chance of it rocketing now it hit a new low and people know news is due currently for December 20th and results are already priced in."
That's the spirit Mr System/Nissan. The lower the sp falls, the greater the chance of a multibagger, assuming you buy at the right time, which, is pure luck as every investor in GDR can confirm.
"Where now…can’t see a chart in the past this low?"
GDR are in uncharted territory. Who knows what the new Captain will choose to do, that's if he has any choices.
" I’m selling up on the next spike."
I have absolutely no regrets selling at a loss, I didn't get the top of the spike but it still saved me ££££££s
Imagine if the regular posters to this board, rampers and realists all found themselves aboard a lifeboat in the middle of the ocean after their ship , Genedrive, on which they were paying passengers , started sinking, not in a storm but due to holes in the hull and failed pumps caused by poor maintenance by its crew. The crew are still aboard the ship Genedrive trying to fix the leaks and get the pumps going again. Yet, in the meantime the passengers in the lifeboats are arguing whether or not they should wait to see whether they can rejoin their belongings aboard Genedrive or climb on to another ship leaving their belongings behind and continue their journey regardless. After daily bickering between the passengers not one of them has left the lifeboat to board the other ship waiting patiently for them. They conitune to bicker in the hope that the new captain will announce the Genedrive is safe and cmay continue its journey. That's loyalty for you.
"What funding issue...? There isn't one! Company has at least half its mcap in cash, and is now generating income also. Plus they can still draw down another 2m quid or so from the equity payment facility should they need too!!
Far too much fud spreading on this forum IMHO. Get you're facts right people ffs."
BUY, INVESORTREV, BUY!!!
"Ultimately it’s the NHS and it’s monolithic sized bureaucracy that has slowed progress down to a snail’s pace"
I disagree progress is slow due to the NHS, If GDR had provided all the scientific data NICE required before the first submission then GDR would now have a contract with the NHS. It's that simple. You could argue that GDR should've focused on gathering this data instead of chasing a lost causes such as POC and the lamp test. But then Mr Budd and the directors would not have seen the explosion in SP during covid and would not have awarded themselves massive bonuses for arranging a share dilution with ii's in 2020. In short, the problem with GDR lies with the BoD and management and NOT the NHS.
This share seems to turn gold into pebbles.
Try to be realistic!
GDR have no sales and new CEO will probably update the world about the state of GDR's finances this month.
"Re-rate to start soon "
Mr System/missan, I think you are correct, the re-rate has started and its almost 7p now, just one weeks ago the sp appeared quite stable at around 10p. All support 9.5p has gone now and the SP is heading into the unknown. RF could be selling before more dilution is announced or perhaps even Mr Budd is offloadinghis shares. Any positive news to stop the rot?
500,000 sell could be Mr Budd or would it be RF?
"I'm thinking this is fair value as it has progressed with AIHL before pre COVID and is around the same price although the financing that is killing the s.p is a worry and the obvious lack of board investment the last 3 years is a tell tale sign that we are miles away from profitability."
there are alot more shares now than during precovid times, so to reach the equivalent market cap of precovid times the sp needs to fall further. Although I don't know what the market cap was pre-covid, when the SP was indeed 8p.