Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I hope GDR can pull the "Funding" rabbit out of the hat to survive.
I believe the POC products are good, that's why I invested.
I'm a little nervous now, but that's probably due to reading this board too much.
Only time will tell, the SP is weak due to the obvious funding uncertainty, but I'm optimistic all will not be lost.
Good luck all and have a good bank holiday weekend!
Were you a Donkey before you became a Tiger?
It's as if someone is playing with the share price whilst they wait for news.
I'm hopeful GDR will get the funding sorted and NICE news they require, just seems a long wait.
Someone knows nothing
NICE News will be 10th July.
I don't know if there will be funding news before this date (Who knows?)
I guess GDR will be expecting to raise funds subject to full NICE recommendation.
Got to wait 10 weeks!
Hopefully we will get full recommendation and GDR can raise the necessary funds and start to grow over the next couple of years.
Awaiting funding fuel for the Rocket.
Be patient :-)
Looks like games are being played with the SP
Random guess....Raise £10m @ 25p a share = 40,000,000 shares
Result of Open Offer
London, UK - 29 September 2021: genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that it has conditionally raised total gross proceeds of approximately £1.1 million through the Open Offer which was announced on 10 September 2021.
Result of the Open Offer
The Company received valid acceptances for 4,450,852 Open Offer Shares which is less than the 18,091,442 Open Offer Shares that were offered to Qualifying Shareholders. As a result all subscriptions by Qualifying Shareholders will be met in full.
Therefore, the Company has raised total gross proceeds of approximately £7.1 million by way of the Placing and the Open Offer. Net proceeds are estimated to be approximately £6.6 million.
Application has been made to the London Stock Exchange for the admission of 28,450,852 New Ordinary Shares to trading on AIM ("Admission"). This comprises (i) 24,000,000 Placing Shares; and (ii) 4,450,852 Open Offer Shares. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Last Open offer was 25p (Sept'21)
Look at latest RNS
We'll see on Friday, just sit back and wait.
Good luck!
The circus will probably return next week upon the next RNS of funding partner and completion of NICE consultation.
Maybe tomorrow, who knows, but it's coming this month.
New Director appointed...of 'Quality Assurance and Regulatory Affairs' good sign in my opinion!
Any possibility that the agreement with US partner and funding that is imminent news leads to a premium open placing and a reduction of any dilution?
Lets just wait and see...
Looks like the circus 🤡 have left town.
Optimistically looking forward to next few weeks/months for positive news flow, it seems like the planets are nearly in alignment for GDR to start to commercially grow.
Good luck everyone genuinely invested🤞
Unfortunately for LTHs this will drift back down until further news of placing :-(
Looking forward to the investor presentation, hopefully good news and a positive reaction in the SP. Good luck genuine investors 👍