"I Still think 12p by end of the week.. RNS Tomoz or wednesday..imho"
Now you've jinxed it!! 2p for sure!
"Gloria, how the HELL does a company, after death spiral financing, do a raise generating 2.5X Market cap?? Jesus Christ."
lol good point. GDR probably have about a 1% chance of still being an ongoing concern by christmas.
If mr cheek can find an ii willing to do business with GDF, im sure he'll be the first to buy at the placement price. So i hope mr cheek secures enough funding for at least two years and not just one year tactics (and bonus) , as favoured by mr Budd .
This is not the end of the beginning, it's the beginning of the end.
I stand corrected, only drop of 5%.. If I listen carefully I can hear GDR investors popping corks off champagne as I write. Congratulations Mr 777 and Mr SystemZero! Have a great weekend!
".I,m right again up she goes overreaction...good RNS ...imho..!!!"
down 13% on the day is indeed a good RNS for GDR lol.
"Most won’t have even told their partners they are invested and are having sleepless nights about that moment of confession."
"Darling, Ive something to tell you. Do you want the bad news or the good news?"
"The good news."
"I've been seeing another woman for the last 3 years"
"OMG ! what's the bad news?"
" I invested 120k in Genedrive @ 100p"
"you have to be nuts to by this"
cue Mr Systemzero:
"Upping my opinion to...STRONG BUY...!!...."
GDR chatboard is really entertaining. I'll miss it when GDR is gone.
"Bounce coming....JC Knows what he,s doing..."
indeed, probably applying for a new job.
Todays RNS shows that finances have not improved much despite the recent drawdowns. At a burn rate of 400k per month (it could be more , since recent drawdowns don't seem to have bought the company much time to find new funding), this company will cease to exist as an ongoing concern beyond 15th June. The tax credit buysapproximately two more months.
genedrive plc (AIM: GDR), the point of care pharmacogenetic testing company, today confirms it has received an R&D tax credit of c£0.8m following which its unaudited cash balances stand at £1.2m.
"Seems as if finally we are all in agreement that something is seriously amiss. "
Better late than never!
Without the tax credit (worth approximately 2 months of expenditure), I suspect GDR will of out money by the end of april. River fort didn't alway GDR to draw down another 300k this month. Correct me if I'm wrong.
"I am presently £35k down on a £40k investment!!!"
Mr Slacker, You should look at it like this, at the moment you have 5k invested in GDR. Do you think the sp will fall further (then sell) or do you expect it to rise (then hold)?
The ISIN for GDR contains the word B00B.
booby noun [C] (PERSON)
informal old-fashioned
a stupid person
"They have got a financial officer fuk me I bet he's busy counting fuk all!!!"
I suspect CFO has been very busy looking for fresh employment opportunities, certainly his statement in november.
"I think if RF were removed with alternative financing, this would rocket back into the 30’s."
Lol. Lets play a game of if's to cheer ourselves up.
"I am in disbelief at the current price. I expected it to be over 50p now."
Mr nissan, you must learn something from this or at least try to learn something.
"I'm with HL and the broker I speak to every now and again for bigger trades on the FTS 100/250 etc pleaded with me to sell up last year as soon as the RF deal was announced. "
I find it incredible that the majority of LTH's did not do this. Especially since the deal was explained to everyone who reads this board. If shorting GDR was a possibility many more savvy investors would've done so and the damage would've been 30p to 4p in weeks not a year, imo.
1p..
Start thinking like an investor and explain how GDR will prevent this scenario based on know facts (not broken promises).
Yet as time goes by the sp bounces from a lower level and less high.