The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The SP will be boosted by the tax relief due. Anyone know when?
Anyone who sold out above 10p, especially during last rally may also be very happy with themselves, at least relatively speaking.
I imagine Mr Starres is now relaxing on a beach somewhere, congratulating himself on selling at 40p with a Pina Colada. Just like the end scene in the film Trading Places.
"It looks as if those who called 4-5p are still being criticised by those who called ‘minimum 40p’ by the end of most weeks. Strange behaviour indeed."
Even the CFO, in his statement end of november, makes those calling 1-2p look like rampers. The CFO already feared GDR unable to continue as an ongoing concern after end of Q1. At least the drawdowns have started again and given GDR a chance of reaching 2Q24. The next good news may well be the tax return. That'll send the SP north, at least for a week or so, but from what level? How much does GDR have left in the bank now, £1.5M?
"I wish I just sold in the 40’s last year "
Like Starres...
It's falling as expected.
Mr roger,
" I’m going to jump and leave you all to it."
Didnt you recently top up? Are you really going to sell now? I'm not saying its good or bad , it's your investment . I'm just curious to know what you think has changed with GDR to make you sell after topping up recently (assuming Ive recalled correctly).
"Price only going down because I esters moving to he1"
So the drop in SP is not due to MM's playing their usual tricks?
"I have been trading since 2008 and can openly admit that I have never gained any money from the stock market. My handle is "Onlyprofit" but I am always at a loss. I can not hold the profit and lose quickly. I switched from the AIM market to the main ones but it didn't change the situation. I am consistently in a cycle to recover my losses."
Timing is everything, of course that goes without saying. If you started trading in 2008 before the great recession kicked in, then I can believe you've been chasing losses ever since. However, if you started trading after Geitner announced the first massive QE package (I think that was at the end of 2008 or start of 2009?) after which the stock market went mental (and still hasn't really corrected itself) then either you've been incredibly unlucky or your post is rather disingenuous. Either way, I'd recommend listening to Warren Buffet and invest in the index itself ie ETF's.
"If it's 0.3p by August, "
Yes, it appears 300k will not be drawn down this month.
"I only come here for the absurd naivety - it's scary..........."
thoroughly entertaining though :).
I'm wondering how many investors in GDR feel they could've successfully auditioned for the film Brewster Millions.
"I am surprised that there is still fat left to skin the cat? How much more to fall before the cat dies?"
how many more times can a dead cat bounce until its deemed alive?
A ghost trade of christmases yet to come..
"Just a matter of time before this takes off,"
Indeed, this stock is an absolute punt, if ever I saw one.
"It is entirely logical that babies should be tested for adverse antibiotic reactions when being admitted to the ward. Then, if antibiotics are needed the correct medication can be administered in a timely fashion.
"
It is entirely logical to test every premature baby but NHS would need alot of funds to do this. Say it takes 1 hour in total to take the cheek swab, get it tested and enter the result in whatever computer system they have. That 1 hour per premature baby can stack up in terms of total man hours and then there is the cost: hourly rate + the cost of the blanket testing.
But this is the western world you are talking about where prevention is seen as an abuse of peoples freedom. If prevention was the name of the game, motorized vehicles, smoking and drinking would be banned on pain of a large custodial sentence or even death in order to prevent premature mass death. However, not all nations think like the western nations - -perhaps incredibly strict and rich countries eg Saudia Arabia might blanket test all premature babies.....
The day the CFO and CEO buy shares will herald the day GDR is worthy of a long term investment.
Mr roger, Happy New year, to you. Yet another balanced post, imo it sums up the situation nicely. So far, Cheek has done a great job under the circumstances. His job is to turn a toad of a company into a prince and he doesn't have long to do it. I'm impressed that he's managed to convince RF to permit drawdowns at 8p tbh, that's half the agreed minimum sp (16p)! GDR will remain a punt until it remain an ongoing concern through profit and not PI funding share dilutions or death spirals.
That the drawdown has continued is great news! Funding is now extended to mid June!
"My one fear is that they announce a January placing (Q1) in December, so I’m a little cautious at the moment."
I doubt they will find an ii that quickly tbh. RF and the death spiral probably involve a great many potential legal complications that would need to be thrashed out and resolved first. I doubt any ii will want to fund GDR with RF vulture circling above. I suspect they will even struggle to find an ii until RF are completely out of the picture.