Member Info for MIKODX

A lot of people are talking out there rear end instead of doing dilligent research. If you look across the board most AIM stocks are down today. The AIM is down 40% caused by the collapse of SVB, the latest food inflation figures, not to mention the COL crisis and the overall state of the economy. Imagine that, AIM stocks are down a whopping 40% today, yet GDR are sitting at a decent price. Latest news is that stocks are now starting to recover so this should start to pick over the coming days. All this nonsense about 10%'s is just that, nonsense.

Anyone not buying because they think a Placement is coming are being very foolish. What do you think will happen to the SP if Budd is able to raise an extra 10M which will be used to help manufacture and distribute the AIHL test? The financial position of the company would straight away look a lot better. Also, with some of the money being used to finance the AIHL test, sentiment around the stock will grow. There's a chance the SP won't even drop below the Placing price. Let me give you an example.

I've been invested in AFC Energy since 2018. I bought the shares for 9p and during that time I never saw the SP go above 20p, it was always trading between 5p - 20p. Then in 2020 they signed a memorandum with a big company to supply hydrogen in the future for their electric vehicles. Shortly after, AFC had a Placing which they said would be used to fund the project with the new company. The Placing price was 21p and the company raised 30M. For around four months the SP stayed around the Placing price. Then after four months, after the market had time to digest the new financial position of the company, the SP shot up to a record-breaking 90p which was a first for the company. What helped push the price up, was the 30M placing money sitting in the bank and the growing sentiment around the agreement with the new company.

So my point is a Placing doesn't necessarily mean the SP will go down. To the contrary it can/may actually go up above the placing price and you may not be able to get in any lower. GDR have a much bigger potential than AFC imo, a Placing if done for the right reasons will put GDR in a much better position financially in spite of the dilution. So for anyone holding back because they think a Placing is coming, DYR.

Thats if it's sold, I'd rather it wasn't. It would be nice for the company to enjoy some of the rewards from years of long hard work, research, and development. More than happy for the company to remain as they are.

roger65 I've checked the figures again. Worldwide sales potential of 200M per year. I'm sure the company can be sold for at least twice it's projected yearly turnover? If not I'm sure shareholders wouldn't complain if we get 200M.

Bruno10 - That's easy, if the company is sold for example for 200M that equates to roughly £2 per share, I'm sure most would take that.

Bruno10 - I'm only saying this because the govt is involved. We saw throughout the pandemic how reuluctant they were to give contracts to PLC's. Most of the companies awarded contracts were private.

The potential worldwide revenue the AIHL test alone could bring in is well in excess of 500M p.a . As a shareholder I wouldn't want to see the company sold for nothing less than that figure.

My opinion is the company will be privatised. Most of the companies affiliated with the NHS are private.

That's another sticking point, in twenty years they haven't actually mined anything, that's worrying. I dont want to bash this share because you have people that have invested for years but penny stocks is not the type of stock you hold for years unless the company truly have a product or service that is coming to market. Nevertheless we will see what happens going forward, the CEO tends to speak in riddles, you have to read between the lines or lies when it comes to him lol.

GL

My opinion is we'll be between 45 and 50 leading up to Thursday. Once the test is published and released to the public we'll see another 50% increase. Then it will settle back down to 50 or thereabouts as we await further news of funding/grants, partnerships, and expansion. With banks collapsing, Russia-Ukraine War, and COL crisis, I dont think this is going to fly as high as it would normally.

Good luck to you and the LTHs.

The company's financial situation is also a bit of a concern with less than a years cash runway. They'll surely be diluting again very soon. I'll see whether or not I'll jump back in again, see how things develop.

To be honest I jumped into this without doing enough research. Got an alert on my phone that the company had found gold, I had a quick look at them and decided to jump in. It's not until after looking further that I discover they've made these types of announcements in the past, it's not the first time they've announced that they have found gold. I was hoping to trade this short term hence why I got out early, dont want to be here for the long haul. Not saying this is not a good buy, just not now for me. I might buy back in at a later date, if the price drops lower or when they actually start mining operations.

Beware of the TheOracle83. Always beware of new accounts, they enter as sheep then turn out to be wolves.

Years away?

Glad I'm out then.

Activated and I'm out. Lots of noise about gold, but still no mining operations started yet. That don't sit right with me, too much talk and not enough action. Share volumes suspect too. May buy back in if this drops to 12 but right now this Share is like flogging a dead horse. Glad I'm out as this looks like it's going nowhere fast.

GLA

Good volumes again today. This is going to be our strongest month this year and for very good reasons. Very happy I’m involved in this company. Even if I break even which I’m very close to doing, no way will I I be selling all my shares. I may top slice but I won’t be selling all, I may even top up if it drops low enough in the future. It may take a couple of years or more but I see this test being rolled out to all the NHS trusts not just Manchester which alone will be worth tens of millions. You need your heads checked if you’re selling a this point.

Stockpickfree - Why would you top slice three quarters then buy more at a higher price? That makes no sense at all. Wouldn’t it be better to top slice less and leave more invested. Your investment strategy is kind of weird, are you sure you didn’t fall and bump your head on your skiing trip?

Stockpickfree - Why would you top slice three quarters then buy more at a higher price? That makes no sense at all. Wouldn’t it be better to top slice less and leave more invested. Your investment strategy is kind of weird, are you sure you didn’t fall and bump your head on your ? trip?

Yeah, retest 48 then watch it go pop at 50 when the test is published to the public end of the month. GDR and the Genedrive is the future in medical technology, this will be a huge breakthrough for medical science and for GDR. They are all loading up now, big big year incoming for GDR.