Member Info for marve

And all the talk of the nose test not being done properly, it's as if the throat swab part of the test is then not relevant

If both parts are important, then it does make me wonder how a saliva test only will be able to have the same level of accuracy

The full scientific understanding of coronavirus still clearly has a long way to go

So many unknowns

Never mind if antibody tests work, or if having antibodies gives you immunity, it starts to ask the question, if you have antibodies from a previous infection, can you still catch it again, and solely be a carrier for a period of time

I agree this sounds like it is making up things up but who knows, I'm shocked based on the theory of having antibodies, that there is the suggestion Boris would have to self isolate again

I did not think of this straight away, but it has now come to me

Alok Sharma the UK Business Secretary was suspected of having coronavirus and so had a test but it did come back negative

Now the interesting part of the reports, if it came back positive, because of his recent contact with Boris, then Boris might have had to isolate

Hold on, Boris already had coronavirus, on a ventilator in hospital, so if the suggestion is Boris would still have to isolate, this tells me that antibody testing is currently perceived as worthless

But didn't we order loads of antibody tests from Roche

What a mess

stated in avct rns today
-the £48m placing bookbuild was multiples times oversubscribed
-ceo granted 4.8m share options at 10p and 17.5p, subject to future performance

david will be judged on sales, that is what matters, then he can pay himself whatever bonus he wants

avct ceo just pocketed a potential £6m of shareoptions

their placing rns gives another dig at pcr testing

i didnt know this, but per the past rns, the zeus capital and boohoo owner bought in the placing on 2 april and then 6 days later on 8 april the company announced it was going to develop a coronavirus test

avct over £2 then within 5 days hits a low of £1.25 and there is panic and confusion what is going on, next day, placing announced at £1.20

think im going to have fish tonight for tea

just for the record, bench been here since like 30p

"people dont want to be tested"

its about as ludicrous as saying people dont want to pay car insurance, so you know what, lets not bother

what happens when somebody who has the virus, does not want to get tested, goes to work, employer says ok dont tell anyone and just wear a mask, somebody else contracts it off them in the office / warehouse, dies, and it is found out the employer was negligent

the theory that people dont want to be tested would risk creating the biggest legal disaster imaginable, let alone the amount of people it would kill

some stuff i read on here is crazy

only joined lse on 4 June - today!

talks like they been here for weeks...

hmmm

uk and usa have bottomed out but not even close to zero compared to the peaks, uk daily cases now 1,500 to 2,000 and peak was 4,500 to 6,000

usa daily cases now approx 20,000 when peak was only 30,000

mexico, brazil, chile, india - all either recording new highs or are only just reaching their peaks

those with stricter lockdowns seem to be better supressing the curve, especially in the wealthier countries, or should it be those with a population who follow the rules better

it might be argued that it has to be relative, because as testing capacity increases then you are likely to have the ability to find more positive tests, however it is the base level numbers in come countries are staggering

as most would agree, its going to be a case of living with the virus, not getting rid of it

i fully expect in 6 months time, you will need to have proof that you are not carrying / or recently tested positive for the virus to be able to do certain activities, be it travel, attending a concert/event or even amateur sport

one high volume day and we should be up and moving, whatever trigger leads to the volume, be it official news or just market sentiment towards coronavirus stocks (sentiment has swung towards blue chips at moment)

we had the ce mark which sent us up and volume was massive, but placing seller held us back

we had the media buzz, but placing seller held us back

next time i dont expect any pull back, we just need something to light the fuse

level 2 137-141

3v1

after 141 its at 147

any sort of uncertainty is going to create some volatility and MMs will pounce on it

the beauty of gdr is the market cap

apart from ncyt nobody else yet has official sales orders, so potential can only prop up a company so long, im not saying other companies dont have different things in the works, we know gdr also does, so lets not start an argument going down that route

plenty of blue chip ftse might have come over to aim and help fuel coronavirus stocks in the early part, but gdr does not need that hype or backing

£3 a share is £135m market cap
£4 a share is £180m market cap

ive never been one to be thinking £6 or £7 or £8 of higher, especially the very short term, because we really dont need much to be able to establish ourselves in that £150m to £200m region, we have the ce mark, we just need some sales to show the product has demand

it is going to be harder to prop up a £300m / £400m or more market cap short term, yes in 6 months time maybe, but i have always considered the talk of billions of pounds market cap on some boards as crazy

527k traded so far today

level 2 showing 141 - 143

but there are 3 on 141 and only one on 143 - guess who

after 143 on the ask the other 3 are at 151, peel playing silly beggars as ever

we just need a big volume day and we are off in my opinion, although that big volume day might come when news lands

they went back below 3% days after, and likely in my opinion sold out

basically as i understood it bgf sold at least 1.5m directly to hsbc, so hsbc kind of faciliated bgf getting a quick sale

tuan, any placing flippers are not interested in the future of gdr, at least they are not interested in holding the placing shares long term

BGF already held shares, they took placing shares and thus sold those already, but are still maintaining a chunk of original shares going forward

institutions work in different ways to private investors, in essence because they hold such a big percentage of the company relative to us individual private folk, they probably have to manage risk even more carefully

Looks like a thread was deleted from late last night, so I am re posting what I put together, in reply to the thoughts of how many placing shares left

...........

Plenty more other news possible as we know, not just sales and approvals but manufacturing and distribution

For fairness, in looking at what could already have been sold

1.25m - broker option, any private investor will have already sold or held (we know it only went to current holders too)

1.56m - BGF, this went to HSBC which they will have sold by now, or hold some but under 3%

So the above 2.81m then leaves 7.19m already (from the 10m placing)

If you add up the volume per lse from Monday 11 May you get roughly 27m!

Not sure that includes the delayed sales reported over a day late which we have seen a lot of, so it could be higher than 27m

On the basis the above 2.81m is already gone it leaves another 24m odd that has been traded

Included in the (at least 27m) volume is Thursday, plus Friday plus Monday which is at least 9m but probably more because of the big day late reported trades

It is likely that a chunk of the placing went to institutions who already held below 3%, so they were already able to forward sell, and will never go over 3% so we will not know about them (remember 2.9% of 34m shares in issue is 1m)

Even if you say that half the remaining shares of 7.19m could not be forward sold, so 3.59m had to be sold starting 28 May, then again we have had at least 9m traded, but probably more, in those 3 days

Whatever is left to be sold has to be minimal

Even got tick ups lol

Somebody correct me if I'm wrong, maybe Technick, but didn't Genedrive work with GE Healthcare before?

The reason I say this (as I thought they did), is even though we have distributors in place for current tests (hepatitis etc), does them signing up to distribute our coronavirus test warrant official news on that

One other big piece of info, even though we know 10,000 beads a hour, what this means per week, per month, so effectively what capacity to manufacture the complete test do we have

So hopefully many more types of news is going to be released and not just sales and approvals

Am I getting credit for something I have not done lol

In my opinion it's the MMs just doing what they want

To work out if buy or sell, I just go back to look at trades reported at the time, and compare

For example the £125k trade for 76,265 at 12.08 on Friday, you can just about scroll back to that point on 29 May, so for me that was a sell

I am sure there are some delayed trade buys that never show

But yes I also added up roughly 1m of shares traded that showing delayed

The delayed reporting of trades has been happening for a few days now