Member Info for Radleystine195

Yep, quite possibly ii off loading as they are getting more shares at 80p. That placing really was a killer.

So you think NCYT AVCT ODX GDR and many many other companies producing tests will all be successful? Or just the one you’re invested in will make it big time?

Of course it will get over-crowded - this is not even including the big pharma (Roche, Abbot etc). One or two of the small cap pharma may make it. Rest will sink.

Remember when Dyson made ventilators which were then never needed?

DYOR. So much absurd ramping going on here ...

Zahir, gotta give it to you. You never know when to give up do you..

Those of us who have been knocking around the AIM long enough know how this works. The ii will sell some of their existing stock as they are getting million shares at 80p. That is what happened last week, and will happen again this week. Tomorrow morning, ii will be off loading, share price will dip. We both know it.

SP went from 300p to 168p in 2 days. That is 44% decrease in sp!! Eventually it may recover. But for now, it is only heading in one direction.

bigbench on 22 April, on this very forum, you posted saying there would not be a placing. Have the humility to admit you were wrong.

The people on here who expressed concern that a placing was coming were proved right.

Now, who is to say another placing won't follow this one.

I’m not responding to the abuse. Totally uncalled for.

I suggested there was no reason why there won’t be more placing in the future. Naturally everyone pounded on me.

Let’s look at the timeline of the last placing.

25 March RNS states “The Company is also actively seeking development partners, distributors and non-dilutive funding to support the most rapid development possible.“ - NON-DILUTIVE FUNDING i.e. not placing.

22 April RNS - appointment of finncap as joint broker. Look at the messages on this forum on that date. Lots of people are concerned that this means a placing is coming. The usual names (bigbench etc) called those people idiots and reminded them of the previous RNS which said funding raising would be non-dilutive, so there won’t be a placing.

5 May RNS - funding raising is confirmed to be dilutive, it was a placing as feared. In fact it dilutes stock by a whooping 20%. That too at 80p.

The usual names who said there would never be a placing are now saying a placing was obvious and needed.

The above can be verified. Anyone interested can check the RNS mentioned above and the forum messages on those dates.

It brings into question the credibility of the directors who said one thing and then did another and the motives of some on here who are now giving me abuse. The same people who were shouting down anyone who said a placing was coming before the last placing.

I’m here for the same reason you are: to make a decent profit from this. We are looking to invest at different points and exit at different points.

I already admitted I’ve ordered 10k shares through placing at 80p. I might get nothing or a small amount. I also admitted I’d be happy to take 20%+ profit. That means as long as the price is at least £1 I’ll make a profit.

Some of you on here would like 200%+ profit. Some are already on a huge profit. Some are on a loss at the moment.

If SP drops below £1 I would consider buying more shares. But the recent shenanigans by directors lost the company a lot of credibility. Someone earlier posted that they purchased shares at 25p - good on him, he will do very well out of this regardless of what happens next. But others got sucked in at over £2.

I’m realistic with my ambitions here. GDR is not going to be a get rich quick scheme for me. Those that got in under 50p will do very well out of this, but others might not do.

The wild predictions are getting ridiculous. Look on ODX, AVCT, NCYT forums. They all think their company is The One, expecting it to be billion dollar company in the making. All of those folk are equally convinced what their company offers is unique, it will be game chamber. There will be some winners and so very bad losers in this Covid bubble.

All the anger and aggression shown towards me is unwarranted. I know most of you chaps don’t agree with what I say, but I’ve not been rude to anyone. This forum is just full of rampers making wild predictions to no end.

What happened here is the sp sky rocketed rapidly and that got lots of rampers on here.

Just look at some of the absurd figures being thrown around here now. If GDR were producing 10,000 tests per hour 24/7 for the next year that would make it a billion dollar company. Don’t you think everyone would want a piece of the action?

Do you think you’re the only one smart enough to figure this company’s worth? Why aren’t ii coming in to make a profit? And why was no ii willing to pay more than 80p?

When something sounds too good to be true and is being excessively ramped with absurd figures that makes everyone highly suspicious.

GDR have confirmed they have materials to make 6m tests. No confirmed buyers. No tests have actually been manufactured.

These wild guesses at 6m tests per month are bonkers and absolutely nothing to back it up.

If you’re going to ramp, do it subtly and realistically.

Ad hominem attacks will get you nowhere.

If deramping is to drive sp down, then that necessarily also means all those ramping on here are doing so to drive sp up so they can sell for a profit.

I say, do your own research. And forum chat does not move sp.

Bigbitenow thanks for engaging with this sensibly without hype and ramping.

I agree a future RNS which shows increased manufacturing and buyers will be positive. There remains the separate matter of much faith is left in the directors.

RNS of 5 May states GDR have materials to make 6m tests. That is all. No time frame.

So I’ve given you the basis for my assertion.

Someone else posted earlier saying 6m per month - back that up - where is the proof of that?

Ghia I agree with what you say about potential.

One or two of the smaller pharma could thrive despite fierce competition from big pharma.

GDR said they can make 6m tests in total. Not 6m per month.

They said they can sell those 6m tests for £8-10 per test. That’s circa £40m gross profit.

That is all we know at this moment. We don’t know that they have capacity to make more than 6m, we don’t know that they have any buyers lined up.

I agree if they can increase manufacturing capacity and find buyers then this will be profitable. But we just don’t know that yet. It’s pure speculation to suggest otherwise. Some willing to take a gamble. As you point out - I’m also taking a gamble at 80p. I’m willing to gamble below £1, but not above that. At below £1 I feel confident I can make a small profit at least.

To longrun who purchased at 25p. Well done. I wish you all the best. You got in at the perfect time.

It’s the people who purchased above £2 that I feel sorry for.

As a final note. It is naive to assume forum chat moves sp. Those with serious money invested make decisions based on their own research, not based on what i others on this forum say.

I should add, people seem to forget the market isn’t NCYT, AVCT, ODX, GDR etc.

The really big fish pharma are also in this and you can already purchase testing from some of the really big names (Abbot, Roche etc). The big pharma are just able to dominate the market.

One or two of the small fish may make it. The rest will drown.

I don’t agree that SP will reach £5. But of course your guess is as good as mine at this stage. It’s pure speculation.

I don’t intend any disrespect to you personally. But I have no respect for this company. Just look at how they have treated their own shareholders.

4 May - 5pm RNS with good news re WHO approval. Highly unusual to release RNS in the evening. We now know why they released this in the evening.

5 May - 8:50am RNS with bombshell placing at 80p. Highly unusual to release RNS during trading hours, immediately after morning spike following good news the evening before.

They had said fund raising would not dilute stock. Then issue placing which dilutes stock by 20%, and is at 70% discount.

This is a textbook example of an AIM stitch up.

So yes, I am looking to make a quick profit here, and I do sympathise with long term investors. But your beef is not with me, it is with the BoD who screwed you over.

As a rule I don’t get emotionally attached to any stock. Some are profitable, others are not. Sometimes you get shafted and other times you make a killing.

I already said I’ve applied for 10k at 80p through placing. If I get any allocated I’ll sell for a profit when I think it’s the right time to do so. I would sell at £1.60.

I’ve been open about this.

AVCT share price was 21.5p the previous day when 18p placing announced. Correct?

Anyone can do their own research on AVCT. I’ll just leave this here so people can see how misleading some messages are on this board.

On Thursday there was an ii dumping some of their holdings. Presumably they were doing this because they are buying back at 80p.

This is likely to continue next week. In the morning ii dump, and they stop dumping in the afternoon which allows sp to bounce back a little.

The good news is that clearly there are buyers out there willing to take this stock off ii hands at over £1.50. That is preventing the sp from completely tanking. The ii won’t dump all stock at once...that would cause sp to tank which is not in their interest. So they’ll do it gradually every day.

But if that does continue to happen next week then there will be a 5-10% drop in share price every day until the ii are finished dumping.

This is happening BEFORE the new 80p shares have hit the market. Once those 80p shares hit the market on 28 May, there will be further dumping as some look to make a quick profit.

Look at other companies where ii are off loading. ODX, AVCT etc. It holds back the sp from taking off.

Expect a rocky month ahead...

I’ll get shouted down for this no doubt. But just my two cents worth.

DYOR GLA

This was predictable. The institutional investors are off loading their existing holding as they’ll be buying more shares at 80p. They’ll be on a free ride after this placing.

Might be a volatile week next week as more shares are sold off by institutional investors. I imagine they’ll sell off a sizeable chunk each day. Once they are done with the sell off the sp might start moving upwards.