Member Info for Magsy18

It’s absolute nothing. Having a great product is not company changing, we already have one of those.

The only thing company changing is big sales and if we don’t get them soon, I can see GDR needing more funding.

After all this time people still don’t get it. The market wants sales, that’s it. GDR already has a product it is incapable of selling.

Wishful thinking at best. At least we are 2% up lol. Who was talking about 150p and 170p? Plenty of time to go today I know but I wouldn’t be surprised if we ended up red today.

Does anyone else have concerns that a second placing might be on the way? If we don’t have any decent sales, will additional cash be needed to pay for the continuing development of these tests?

'good things will come to those wait, proven many times'

Certainly in terms of AIM, there are also many cases where holding on to shares causes you to lose more. I don't believe that it will happen here otherwise I wouldn't remain invested.

Leave the confirmation bias at the door when you post, it's not hard to be balanced.

It's not a surprise that they didn't convert the whole lot when you think of it. They know that if they dumped all of their shares all at once that this would lower the price that they would be able to sell at. By converting a smaller amount, they can maximise the average share price that they sell the converted shares at whilst still receiving interest for the remaining loan.

BGF will definitely convert at some point, so 6.7m shares are coming at some point. They just want to maximise the amount of interest they gather before converting and dumping.

To quote Warren Buffet - '100p has farted and the share price wants to get closer to see what it smells like.'

I would have thought an investor of your calibre would know this!

Remember last Thursday when you spewing your usual 'NT to buy' BS? Thought this was going to breakout? I thought this was going to hit 150p into the weekend?

I am amazed that if they knew this, that they would have converted any at all.

If you are referring to BGF, 6.7m shares worth.

Ultimately it comes down to sales and if we continue to get no sales then that’s really bad news. He doesn’t have to keep updating the market saying ‘no sales yet’, so not all bad news would get an RNS.

Failed approvals is slightly different. We would get an RNS for sure if that happened.

Let’s hope he answers you. They are already offering ‘significant discounts’. Let’s hope if they start selling out test that it’s not a significant discount on our £8-10 price point!

Erm November = increased.

Magzy, one of your first posts compared GDR hitting £3 now to GDR being £3 in 2015. I would suggest understanding the term ‘market cap’ and ‘shares in issue’. If you have already learnt the basics of the markets since this embarrassment then good for you.

A week or so ago you claimed that because we had a spreadex holdings RNS that we would ‘blast off’ because a week after a spreadex holdings RNS in the past, the share price rose. You ignored the fact that there were other RNSs released at that time and also that there have been other spreadex holdings RNSs that have not November the share price.

You have shown yourself to be a complete novice when it comes to investing. Anybody can check you history to verify what I have said above.

He is not free to say he will update the market shortly. Fact. He can say this in an RNS but nowhere else.

He can say that news will be released when there is something to update shareholders with. Which is what he and investor relations actually say.

Saying hnews is coming soon is illegal and any PI claiming this is a liar.

Longrun, if DB has said news is coming soon to anyone he has broken the law.

You make some good points Charlie but then you spoil it by not offering a balanced view.

As I am sure you know, the AIM market is also full of rampers who over inflate the value of companies for their own benefit. You will also know that AIM investors end up losing more than profiting.

As someone who has remained invested since May, I can understand why some people who have been invested for good length of time find it hard to sell. We know that good news here is still realistic and we also know that if good news does come that a substantial rise is also realistic. The idea of missing out on that potential is enough to keep people invested, even if they are unhappy.

I, like you, still believe that good things will come eventually but can easily see it taking another month or so. I am patient though, I intend to see this out.

In regards to DB, I don’t think he has done anything great nor terrible. I think having foresight to enter the covid market is not a great achievement as it would seem to me like a fairly obvious decision to make as a diagnostics company. If anything, the company arrived a month too late to the market. We will never really know whether he could have done more to get things moving faster but I will give him the benefit of the doubt, for now at least.