Member Info for Popeye62

Inphobe - You asked the question after you had already sold out at a huge loss!!! What was your point in asking the question after the event??? Was you looking for reassurance??? Because you're coming across as a little unsure???

Thank you starres. I also like the fact, that despite the heavy selling, all that stock is getting mopped up. At one stage the more that was being sold, the more the MM's were prepared to take in one transaction online. Let's hope next week we get back in the 10's. Enjoy your weekend. Atb Popeye.

DSFLAT - Be careful with the anger management, it's heart management we always need consider. I also had a stents procedure in 2017. Atb Popeye.

Bruno - Thank you. It's all factual. GDR spiked on the AIHL news. It had nothing to do with Covid19 POC device. Covid was all over in April of this year. All restrictions had ended. Hang in there Bruno. Atb Popeye.

With all the conjecture, assumptions, guessing and misleading comments, let's look at the facts. At the end of March this year as published in the interim accounts GDR had cash of £6m which included an R&D tax credit of £1.2m. In the final accounts for this year GDR had at the end of October £3m cash and an R&D tax credit due of £1m. This gives them £4m cash. In April of this year GDR spiked to 42p giving them a mkt cap of £40m with £6m cash in the bank. The spike was a result of the Genedrive being rolled out by Manchester NHS trust, nothing to do with Covid19, as at the time all restrictions around Covid19 had been lifted. Currently we have a mkt cap of £8.5m with £2m less cash in the bank!!! Since April of this year we have had new that AIHL is been selected to be fast tracked by NICE for best practice and an FDA pre-submission application submitted to the FDA. DSFLAT was honest enough to let us all know that he had completely sold out with a holding of 600,000 shares. Inphobe has also, all but sold and I believe roger65 sold out a while back. What has changed between April of this year when the mkt cap was £40m and now??? The answer is nothing!!! In fact there's been two rns that improved AIHL standing. The one problem we have is AIHL and the stroke marker are too big for Genedrive. To roll out AIHL worldwide it needs the financial backing of a large pharma. Dr Ian Gilham is an absolute expert in execution of selling a company, as he's done it many, many times before. I certainly don't see a placing or any fundraising prior to the NICE approval, which is less than 12 weeks away. No corporate investor or lender is going to run that risk, as there's always possibility, highly unlikely though, that NICE does not give AIHL the approval for best practice. Good luck to all the shareholders that are still holding. Atb Popeye.

DSFLAT It's really decent of you to let us know, not many would have. For you to dump 600 000 shares and the SP tick up slightly, is reassuring. After you mentioned Deepmatter, I had a look at them. What they've done there is absolutely dreadful. You were a breath of fresh air when you arrived on the BB, I have to say I'm sorry to see you sold. You've obviously taken a hit, but I respect that's it your money and therefore it's your decision. I wish you luck in whatever you decide to invest in next, just make sure you avoid bitcoin. Good luck. Atb Popeye.

DSFLAT - Are you completely out? Thanks for letting us know, because at least now we know who one of the large sellers was. Good luck. Atb Popeye.

Lloyd - I sold out completely in March. At one stage I had an average of about 24p. I brought a fair amount of stock at 12p in March to bring my average down to 16p. When it spiked to 42p I started selling. I managed to get some away at 40p and kept selling right 32p. It didn't worry me that it was 32p instead of 40p, I was just happy to be out, selling at an average of 37p and more than doubling my initial investment. Currently the mkt cap is £8m, they have £3m in cash and £1m due in the next few months from an R&D tax credit. That values the company at £4m with all the R&D data and a ground breaking product that is already out there in the market, that is producing more valuable data. I think the company's assays are worth more than £4m!!! I hope the SP gets to 29p for you and you recoup your initial investment. As for going lower??? It's finding good support at the current level, we just need it to continue. If it does continue the SP will move higher and if support falters, then we know what's going to happen. Atb Popeye.

Lloyd - I think it's fair to say that the people buying at 9p have got a better chance of making money than those who bought at 130p or 29p. Lloyd as you've been holding for quite a while, wasn't you tempted to lob when it spiked to 42p in March this year??? Atb Popeye.

Around 250k more sells versus buys today which isn't too bad as they were short of stock today with the flurry of buys late afternoon yesterday. What is encouraging, although there is some pretty hefty selling, all the stock is getting mopped up. Volume is far better than late, which is a good sign. I can see the SP going back into double digits fairly soon. What I don't see is the SP going to 6p, as there's far too much support at the current level. Good luck. Atb Popeye.

ProfitJock - Keep your posts coming and whatever you do, don't allow yourself to be bullied off this BB by the likes of Roger. Good luck. Atb Popeye.

Roger - That's complete and utter rubbish and you know it!!! First thing this morning the MM's were short of stock and I was being offered 9.1251p for 200,000 shares with H&L. So I don't see how you were having a problem selling £1k??? And FYI there won't be a bidding war for GDR contrary to what you posted. Dr Ian Gilham will line a suitor up at a price that the BOD see fit and benefits them. Remember it was me that put you onto the theory of GDR being taken out and Dr Ian Gilham's history. You then took the bone like a dog and ran with it!!!

onlyprofit - I believe it has an awful lot of potential. I'm now holding 1,290,888 shares after my top up today. By I'm not alone in my thinking, as others are also mopping up stock from nervous holders. In my honest opinion, now is the time to be buying, whilst it is still under 10p. Good luck with your holding. Atb Popeye.

Adding a further 60,050 shares.

I have a lot of confidence in that AIHL will be a huge success as will the stroke assay. Now let's address some of the deliberate scaremongering that is being posted. The company, as at the end of October 2022 has cash of £3,000,000. Early next year they are due an R&D tax credit of £1,000,000. That would give the company a total of £4,000,000. We know the current cash burn is £400k per month. From these figures we can accurately estimate their cash pathway, £4,000,000 divided by £400k per month equates to 10 months headroom. We have 10 months from the end of October 2022 until the end of August 2023 until any solvency issues will arise. The company obviously doesn't want to take it right to the wire, but claims from certain posters claiming the company will go bust in the New Year, which is only 6 weeks away is absolutely ludicrous. Also the claims of a placing at 1p is laughable. Although yesterday's presentation was extremely disappointing the SP failed to hit 6p, which the Munch Bunch were claiming it would. There was an awful lot of buying yesterday in the last few hours of trading, hence why the SP has held up today. I added approximately 250,000 shares yesterday, all under 10p. I'm now holding 1,230,838 shares at well under 12p. I'm more than happy to sit tight and I'm contemplating adding more. Good luck to everyone who is holding. Atb Popeye.

roger65 - I totally agree. The takeover will be announced anytime between now and the end of February. The price will be 22p a share, circa £20m for the company. The update today was deliberately downbeat. As if there was no point in saying anything. Well the wasn't, because the deal has already been done. They may well wait until NICE give the green light, which is virtually nailed on or make their move prior to February. Either way these things always tend to leak!!!

I'm hoping GDR will announce that they have secured an RCF to tide them over until the revenue stream starts to come. If this is the case, then the SP will more than double on Monday as they will be financially secure beyond the next six months and that's all GDR need. Beyond six months I believe they will be self sufficient, so I don't see it as too secure an RCF. Friday was a very good indicator to what is coming Monday with the 30% rise. Despite what some have posted, that wasn't mug punters piling in, it was savvy, shrewd investors that have a good inclination as to what is coming. Looking forward to Monday. In the meantime I'm enjoying an evening out in Estepona. It's been quite warm here today, although a little breezy. I hope everybody is enjoying their weekend. Atb Popeye.

Mrtwisted - Good luck. Atb Popeye.

System - It's looking very positive for Monday now. Atb Popeye.

I temporarily filtered some posters, but I have also unfiltered all of them. I'm really enjoying the banter today!!! Not quite as much as I am seeing 11p on the bid!!! Looking forward to seeing the lights being switched on in Gibraltar tonight and the celebration party after. Atb Popeye.