Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://www.google.com/search?q=gdr+share+price&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
Could be a turnaround story
3.81m market cap.
I think when the results sink in the smart money will realise the market don’t reflect the products and potential and this could be a case when suitors looking to buy it on the cheap start mopping up cheap shares.
I could be wrong but averaging is smart at these levels especially as finance arrangements haven’t been stated and could already be in place with other means than dilution
My guess is GDR is taken out soon by a savvy company knowing the LTHs have supported it the stage of products and contracts but with no cash it’s inevitable that someone will get a Rolls Royce @ 99.9% discount and simply add value to their company. Minus the management who will be replaced I guess. How did a once darling of the AIM become a huge failure
Sorry about spelling mistakes as just opened my eyes to this!.
3p! Currently and raising more cash at shareholders expense I guess.
The best thing to happen would be a takeover in my opinion.
I’m sure in a few years this company could make serious money but for now it’s existence as a standalone company appears untenable in my opinion unless the markets see a positive and lift the price to get a fund raise away.
Such a shame for LTHs who have all but been wiped out by previous boards actions.
A classic example of the need the need to look after the balance sheet
Https://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-25-pack-10315414
Never thought these were coming back but the fact they are selling just shows care homes etc still need them in large supply.
I doubt it was a sell because the price would have been around the price paid for that amount when you look at the closing price. It may have been an order with a set price which caused the drop to get it filled. The fact is Monday will say a lot in the open but suspect it’s a buy because the time was 431 and a delayed sell would have had the time it was executed