Member Info for Newuncle

Excellent stuff I love it when people claim to filter a poster. Of course they never actually do it though .

So yo think gdr is rubbish?

Laura your words

Let’s see the presentation Monday, but I will call time on outrageous pumps here in

Like your GDR pump ???

Laura your latest comment

We can all see you're rattled and de ranged

GDR 50p/£250mln based on losses of £5mln a year and revenues of less than £500k ( 2 x CEO salary )

Lol

What's that saying

My enemies enemy is my friend

How's that working out for private over at gdr which Laura is not invested in but where she chooses to post very negative comments..

Oh the hypocrisy eh

Laura

Pi is lashing out is all same as bunsen.

Pi says I am a dreamer with serious coin in obd....

I have seen many Stoopid posts and that's right up there with the best

For some trader types yes but please don't to sell this to others as an investment. If you and others could at least post like Gordon Bennet does .. ...it's a trade for a quick buck that coukd double your money or collapse in you very fast like it did already

Why would I ask no serious investor would go anywhere near this financial basket case. Only people buying it are bottom fishing opportunists who think they can turn a quick profit after the massive falls here.

It's nowhere near enough not even close

£2.6m divided by 4 months to Jan 2025 = just £650k per month

The numbers simply don't stack up do they?

They are burning through £1m+ a month, they will be lucky to get to Xmas imo so better hurry up get some clin to fund it.

Laura clearly you can count so if odb had £2.6m in cash at end September how do they fund the company through Oct onwards?

Is it really?

Funny I thought this was a discussion board, if I choose to post here once or a thousand times it's my choice not yours.

Nice deflection though

Possible that by end December nomad could walk or the auditor resigns due to company not able to provide evidence that it would be able to remain a going concern for 2025. I think this will go the wire if obd don't get some fast money injected in December and only realistic way that happens is via clin funding option. Imo of course

From Trinity (paid for) note

Cash at end-March 2024 was £1.2m and OBD subsequently completed a fundraise in March 2024, raising gross proceeds of £9.9m. We estimate cash at end-September 2024 of c £2.6m, which should provide a runway into early 2025

I would suggest that even with costs being trimmed obd will be lucky to get past end December before the money runs out?

Anyone able to explain how the money would be there for January?

£20 Million....ie @ 7 x current market value needs to be raised by one means or another for 2025 and starting from Dec/Jan...

Good Luck with that

And where's Bunsen, he's very late for his previous appointment here, has he forgot or perhaps moved on already?

And of course the 52p price target is based on a 10 DCF model......nice if you can give them the time and they can deliver I guess. Huge uplift in revenues for 2025 required double at least and then then increases by further very big %.

Amazing, never seen a broker note quite like it and I have seen many.

Dug,

Then there is the figure of £20m in cash needed for 2025 to fund the business, which has been assumed is coming but in the note it states they do not how it will be delivered, although there are several alternatives that everyone is well aware of.

Dug,

It's an incredible broker note, almost as if Burrows wrote that entire document himself.........