Member Info for ihavenoclue

A buy order for almost 10% of the company ?

Can sell 500k at 3.281

Yup being offered 3.3p for 500k

I agree donot ... what about Danaher Corporation ?

Bought more at 3.1 as it was showing strength at that level

I am going to load up :)

Joey, £100k covers one week of cash burn ... I wasn't expecting much from the SP. But it is just the start and it is pretty quick after the NICE recommendation and other orders will follow.

Short term todays RNS will not change much but it has decreased the risk mid to long term.

With the one and five years when all they have done is multiply 91 by 5.

Why not just say £91m a year ?

Let's see what the market thinks of the news.

Great posts .... facts and figures rather than doom and gloom (hard to see why when the current market cap is only £17m)

"The company will have to find a way of reducing the monthly cashburn if they want to start reaping the benefits of increased turnover. "

They have ... they got rid of Cheek :)

Summed that all up very well GordonG ;)

£3 was intraday price in the crazy days of May 2020 when they were going to make millions of tests. Actual close was £2.20

Very nicely put ... most are ignoring this part ... the placing was the turning point and the two RNS's after that

"However, what I would say is that despite the journey and dilution to get here, they finally, finally now have two world class products, totally unique game changers that are fully validated for not just for the NHS but the massive USA health markets and rest of the world.

So they are packaged now with a nice big pink bow on the box to be either taken out by a large scale pharma group already in the worldwide manufacturing,distribution and supply chains in the sector to add these two world beaters to their product stable or they go the harder route and start picking off major contracts. They have the market to themselves!"

I first bought in to GDR mid 2020 when all the hype was on the "gold standard" POC tests for Covid after the placing for 70p a share. I sold out early 2022 for a 30% loss but always kept an eye on it. It then had NICE recommendation for the AIHL and rocketed again. Looking at GDR historically anything under 10p a share (approx £100m market cap at the time) was a good price to buy.

I watched how this year it dropped to 2p a share and then shot up to approx 8p a share with news of NICE recommending the CYP2C19-ID test kit, At that time I didn't buy in as the company made it clear a placing was on the way even though others stated it already had been carried out even though RNS's made clear there was another one due. With a placing on the way this share was an avoid but keep watching.

When the placing price and size was revealed at 1.5p this pretty much hammered LTHers with very heavy dilution. After the placing GDR was then a company worth £9m with £6m in cash and two products that were unmatched in their subject field. So then I got greedy buying in big time between 1.5 and 1.85p as it was far too much of a bargain. I knew it would take a while to churn through the placing shares and when it did it rose to 2.5p even before FDA news.

After FDA news I sold 25% at 4.6p as 200% profit on the ones I bought for 1.5p was too much of a profit to ignore. I was expecting a huge price reaction to NICE recommendation but it turned out to be a sell on news situation. Expectation and reality always varies.

I did not sell anymore than the initial 25% and saw the sell off ... when the RNS dropped on CEO change and it dropped to 2.7p I HAD to buy back in with the 25% sales as it was too good to miss (Only £1m market cap more than before FDA Breakthrough Device for AIHL kit news AND Full NICE Recommendation of the CYP2C19-ID).

Then it rose to 3.5p and I wasn't interested at selling at that price as that is still only £4.3m different for 2 game changing RNS's. IF it drops back down to 2.7p I will be buying more again as we are back to the level where 2 huge pieces of news are only valued at £1m.

I feel a little bit of patience here will mean very large profits but this, and all of the above, is all in my humble opinion and you should always do your own research before following suit.

"The silence is ominous and Gino needs to say something. If he doesn't then I think we've got bad news on the way..."

Well that's complete rubbish too !!

8 greens out of the last 10 posts ... the doom mongers trying their best !!

Talkinto, me neither. Let the doom mongers whitter away in the background

"Large sells between 3.17 to 3.18. ( 20k, 14k, 5x10k)"

If those are large to you then you must invest with less than £100 total ?

There are some strange people on this board

I found the fact it bounced off 3.4p twice today and then shot back up to finish on 3.4p as a sign of strength today. 3.4p being the level Zac Mir mentioned needed to be held to support a move north.

I bought in at between 1.5 to 1.8p and added some more on Tuesday from money top slicing at 4.55p. I invest because of what I believe in value in a share. That opinion won't change when people make comments about placing coming etc etc.

Yup got to 3.4p to show it was a late tree shake :)