Member Info for Muminr

Well done Jazim, you got in at a very good price and already in healthy profit. I don’t doubt that many will take profits at 6p and 12p and higher, as they are entitled to! For me, I’ll wait till my average at 15p plus - that’s still only a market cap of 80M. It could and should go much higher. Anyway, all the best to you.

Thanks for that confirmation Eureka! When the company previously mentioned being self sufficient in 2026, presumably that could be from financial year 6th April 2025 to 5th April 2026?

Good posts thanks BigAl and Roger.

I would add a couple of points. I think Cheek is much more business savvy than his predecessor, as evidenced by the deal with PH to get the placing through.

I’d be surprised if Manchester don’t start using the test immediately if we get full approval. So we may get a sales RNS in a days following full approval.

Bighammer, I have an average of 15p and am confident I’ll be profit in the next six months God willing. Sure, if we reached 15p I may sell a few to reduce my risk but that all depends peoples on individual circumstances. Dr Nash for example has very good reason to be out at 6p even though he understands the potential on the products gdr have more than most.

Stocky, the cyp2c19 market in the UK alone is worth 8.5M annually to GDR.

I agree with your analysis onlyprofit. My average is 15p so that’d suit me well!

If I recall correctly, UK earnings from cyp2c19 would be 8.5m. If full recommendation is confirmed, we should eventually achieve this. Using a multiplier of 14, which I think it’s typical for this type of company, would give a valuation of 119M. With 543M shares that’s a SP of 21p.

Of course that takes no account of the AIHL which is giving a modicum of revenue now but should receive special commissioning in April?

Anyway, that’s the perfect scenario but LTHs will know bitterly that things have gone far from perfectly this far. But this is the closest we’ve been I think and current expectations aren’t unreasonable.

Low volume today. Is anyone able to do the maths; Should PH have sold everything now? Perhaps timed to be out by 10th July per the initial publication date?

I understand your point System. But AIHL was being considered under a new regime and what many of us failed to understand, though not Starres/Stocksaint to his credit, was that it could never have been given a full recommendation under that regime. However, we got the best outcome that was possible in the circumstances.

But CYP2C19 is different, we can potentially receive full recommendation. And we should if the draft is anything to go by.

Having said that System, I have also been here 4 years and past optimism never saw fruition. But God willing, our time will come.

As for the expected rise towards publication. There’s still time and it’s a wonder that the share price held held up in the face of the PH sell off - that’s a good sign.

System, yes NICE have already made their decision. It was communicated via their draft recommendation! Unless there has been some dramatic development, which the company is unaware of, this should translate into final full recommendation.

The Germans and the French manage to do it quite well Slacker. It involves not having an NHS - a system no other country in the world has adopted, with the exception of a limited flirtation by Cuba.

It’s simply too inefficient and unaccountable. Just look at our AIHL test. Thought to be so important it was fast tracked, which had the result of delaying it further by years!

As for the billons wasted on PPE…whose been held to account for that?!

None of the parties have pledged any reforms ogm4, so it’ll be a continuation of the existing inaccessibility, delays, inefficiency, coverups and corruption. All to look forward to!

IF those lot numbers correspond to increased production then that is indeed a good indicator Roger. Also, it could also be for sale into Europe - as a research tool, for now. There was repeated mention of that in the presentation.

Exactly bigAl, and that’s at current volumes of testing. At the increased levels these labs will not be able to cope. That point was repeatedly made in the consultation. NICE’s response was repeatedly that if the lab tests weren’t feasible then clinicians could use the POC. I can’t see any clinician not wanting the POC result in an hour rather than the delay of a day or two, and all the possibilities of lost results, wrong patient etc…

I agree stockpick; a finely balanced post.

However, whilst we don’t know for sure one way or another the cause for the delay, I think it must be more weighted towards full recommendation. If it was different to the draft, the company would have been consulted for comment, which doesn’t appear to be the case because the RNS implies they also found out about the delay via the website update.

Of course, we’ll all have to wait and see to find out and in the interim put our money where our gut feeling tells us.

I just Googled the relevance of auction period. It would seem that there was huge appetite for the share towards closing. Good indication that it should have a positive start tomorrow I think.

Ii says auction period for share price. Any ideas what this is?

Difficult to tell sometimes . Certainly some of my buys in the past showed up as sells. However, agree with JoeyBlogs, given at the time of the transaction, other sells around 1.668, the 3M at 1.65 was likely a sell.

Why do you think that bootnk19222? Something would have had to change since the draft recommendation; what do you think that may be?

What? PH have increased their holding now?

I agree Badmashy. PH have a 19% holding, that's just over 100M shares. At present volumes of around 8-11M, it should take around just under a fortnight for PH to be down to zero. That would time well for an increase in the SP over the following couple of weeks in anticipation of a FULL NICE recommendation. The timing and orderly manner in which the selling is being done, indicates that this was planned with the company.

If the NICE recommendation is FULL without any additional burdensome conditions, the SP should increase on 10 July . It could be the making of GDR. I am reassured by the company's statements that they anticipate FULL recommendation. If it was any different to the draft, the company would have been made aware and asked for their comments.

In my view, while PH are selling over the next couple of weeks is the time to load up for anyone that wishes to.

Tiger, Perhaps your senior banker friend will know what's going on?