Member Info for marve

BGF took up some of the placing so i expect that will be factored in to the loan notes they have

BGF also did not just sell their placing shares, they sold more, shares which they acquired in 2018 when they first got involved providing us with loan notes

i expect both of the above will impact how many shares the loan notes can be converted to in future, i expect to be far less than the original amount

@Strongboes agree interesting to see what TR1 we get, if any for GHIF

for me it is a plausible arguement that they had been forwarding selling and at some point realised that they had to up the rate of the selling to make sure they were able to get below 3% before they had to notify, so hence last weeks dip could have been for that reason

as you say, if this is the case, then there has been a very high demand for shares, and basic physics shows if you apply pressure to something but contain it for the time being what can happen, GDR is the bottle of coke, the big sales rns is the cap being removed

@AimNaim great spot that the BGF rns was not selling, it was due to dilution, something that will also affect calculus, spreadex and hugh rylands

however, not one comment all day yet about GHIF percentage holding, surprised

GHIF should have 7.1m shares out of 51.9m giving them 13.6% of GDR - where is their holdings rns then?

lets see, there should be one soon right, unless Peel were helping them forward sell some or enough to get them below 3%

this might initially appear as a negative post, but look at the wider picture, if it is proved they have forward sold, it means that this share price has been artificially depressed for weeks

@Bench you question why we are not £100m market cap yet, well on a big sales rns we could catapult to a £150m market cap company, all those waiting for a sales rns before buying in might have to be paying double the price

@Biscuit no flies on you

The ask is 125

1 MM is on 125, the rest are 131 and above

No guesses for who

Patience, patience and more patience but we are getting there

Depends how you view the avct placing, one train of thought is they decided to raise loads of money because they don't think they can make enough from covid, after all they have years of cancer future cancer trials they will have to somehow pay for

only have to glance on other boards to see some posts get incredible number of recommends, seems to be a hell of a lot of money being invested in some stocks by seemingly in the background investors

as you have said @tropez plenty of others not yet got a product on the market, built on sand is the wrong thing to say, but im happy gdr has its product on the market, when the wave comes in we will be standing tall

a lot of posts i have not had chance to go through yet, so this might have been mentioned, but my thoughts are as follows

BGF held shares in GDR before the placing, they took shares in the placing, they sold their placing shares in full, AND they also reduced their original shareholding by further selling some of it down

SO, to me the above transactions are a direct conflict of their loan notes conversion price, hence i do not expect BGF can still convert at any stupidly low price, so i dont not expect anywhere close to another 9m shares being available to convert, BGF have already had their pound of flesh from GDR

remember BGF were labelled as a cornerstone investor in GDR

some might think my post contradicts my earlier thoughts on Peel, however i simply view MMs as the most dodgy of the dodgy, those MMs do what they want, they dont follow rules

Im happy to be wrong in my theory, but we will find out on 22nd

As as few have said in this thread, this is all down to Peel

I feel that all of us in the last 3 weeks believing there was constant downward pressure are right, the pieces of what has been happening here are now coming together

If Peel have been selling GHIFs shares already, then it is basically shorting what Peel have been doing

I don't think GHIF held any shares before either, just loan notes

Just so everyone knows, Subtle sold at 72p on the way up

Sadly there are some emotional issues and he/she now want a to see GDR burn

bit of a genius

lions

in essence scart yes thats my belief

i do welcome others thoughts on this because it is only a theory of mine lol

we have seen Peel forever on the ask right, so they are there, you buy 10k shares off Peel

Peel then in effective hold -10k shares, until 22nd when those GHIF shares get handed to Peel and their book is balanced

GDR share price has taken a battering since 1 June, i dont know if MMs can use this tactic, for example as long as their book is balanced at month end

but MMs seem to do what they want, they create the market, so i would not be surprised to see them using tactics of selling shares that in theory dont yet exist

not much different to a shop selling products, but it cant send them to customer until the following week as it is still waiting for delivery from manufacturer

22nd june will confirm if my suspicion is correct as we know GHIF is expected to have 13% of GDR without any forward selling

if im wrong, then GHIF will be in for the long haul with the full 7m instead of 2m - as we know their effective base cost is 97p

no mate, you aint being thick

but if Peel know they are going to be given 5m shares on 22 june, what stops Peel selling them before then

i do not put it past any institution that this practice goes on

"under this arrangement 5,100,000 of the GHIF Shares are subject to an orderly marketing agreement until 30 June 2021 and the remaining 2,000,000 GHIF Shares will not be sold prior to 30 June 2021"

my understanding is 5m can be sold between now and 30 june 2021 but BGF cant heavily dump stock at any time, it has to be orderly (well if that exists on AIM) - too many constant round amount sells over the past weeks that have made me think there has been forward selling with peels help

the other 2m has to be held beyond 30 june 2021 - which is still nearly 4% of us

hang in there ken, bob, or whatever you prefer to be called

we would not be anywhere near as low as £1 if it was not for a lot of unexpected events, sector sentiment might be down but in my opinion we have taken a kicking from GHIF forward selling, all about sales news now, and it that is big then its game on, massively

i am aware usop is still going

£3m total traded, far higher than a normal day, so plenty buying appetite at these levels

there are so many delayed trades during the day i would not read into the buys versus sells

acid test is 22nd, once GHIF naff off selling then a lot of the downward pressure stops, which could be tomorrow, we just dont know, obviously if huge sales rns appears volume will go through the roof and clear any remaining seller