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Gov are making arrangements to meet the testing demands for any future surges and tackle them with out further lockdown .
I never said testing is over.. it is just increasing capacity when required but not today..
All covid stocks are taking a breather at the moment, not sure the future outlook..

When it comes to US, we haven’t sold anything yet. BC still needs to get deal sorted..
Bear in mind BC haven’t made deal on other tests like Antigen and antibody which were available for quite some time..

Uk conducted 1.5 million tests yesterday
5766 positive cases
Although infection rates are reducing, UK gov is preparing mega labs so in the event of any surge after lockdown is removed. we are ready to test whole adult population in couple of weeks

Excatly in shipping RNS if don't disclose number of items shipped, whats the point.
Same with distribution deal with BC - why not publishing the internal of what was agreed price per test and what is min/max tests to be supplied as per agreement

it is sad the market hasn't reacted to it, after intial spike to 145p the dumping of shares started...
No surprise some investors are existing because there is still some element of risk until DB annouses sales/revenues.

SP would keep fluctiating despite of today's good RNS.
I think there is no more FOMO, desperately need some intial sales/revenue.

US govt is paying to a lab not to GDR, it is not just the bead it has other components and costs involved to run a lab (inluding lab rent, machine cost and labour cost )
$15 is just bead cost BC pay us if they are buying in bulk otherwise it is $25 (kit with 1o plates - 960 tests costs $24,000)

Labs charge approximately $120 per PCR test.
Consumables like RNA extraction and beads - $40 ($15 for our bead)
Labs and labour cost - $40 ( i guess)
Total cost to a lab is $80 (BC proft is $40 per test)
IF BC sell 100 million of our beads, that would mean 100 x 120 = 12 billion dollars of revenue for BC?
Approximatley every 10 million we sell means it is Billion dollar to BC

So I'm expecting in the region of 3 to 5 million tests sold in a month.
Not trying to deramp - just being realistic

When no significant sales would be reported then why delay it till March 26? They could have declared them by now.

@jay if you are lucky you could get £5 special dividend in August and BC buyout at £15
You never know mate..

Hold on to your shares!!

I’m excited too but holding it till Monday morning!!
This is the right time for an RNS Monday morning on - x monies received and next shipment shipped could cause massive explosion here..
GLH

@Jay - good profit mate, easily can double foom this levels when BC sales RNS lands, downside is less.
Good luck mate
Are you planning to go long?

@jay - They have few holders above 3%, and they all would be happy to take 2 or 3 bags on current price.
Employees/Directors would be happy to move over to a bigger company and more pay.

At the end of the day they have to present the offer to shareholders, company insiders don't own much of the stock to decide on anything.

would normally take couple of months.

Last 2 weeks of price action is just Pi's selling and taking profit.
Other II's/Funds are hoovering up all.(Because of all NT you see all the time these days when SP is low) - This is nothing new in AIM
i don't think there would be a TR1
IMHO

IMHO - there is something brewing in the background within gendrive. They are holding it for 25th March. I think it could be one of the below:
EU deal
Backman sales
TAKEOVER (very much possible)

I dont expect any RNS till then.

ok i got it, you want to buy at 114p before investors presntation..

I also have fancy price in mind for my entry 90p.. lol

@Natham - what is your prediction based on? a chart? can you share with us please

There was no tender submitted by Genedrive till date.. how can you say it is any day?
Where is the proof that we submitted tender?
Are you referring to BC/Sysmex 22bn tender?
BC/Sysmex were awarded lots of tenders in past for other products.. so don’t think that 22bn tender from BC/Sysmex is for our products..

Go and check bid stats

Genedrive are not bidding directly, we are not on list of suppliers..
Are we selling POC through Beckman or Sysmex? they both are bidding for it?

How does gov award contract if you not on the list?

The are two sides of coin..
you get support from some and abuse from some.. dont take it serious bro.
Rampers Version - Mega RNS coming since last June.. it never landed. kept pushing deadline and now they say it is March.
(this could be true this time give the position GDR are with BC although still they is an element of risk, Stock are RISK)
Derampers - No sales, No update on EU sale, no update on POC..
(they are stating facts too and Sp might go to 50p again if no material RNS is released in March)

But being investor you make your own decisions.
Good luck

Just do a search hashtag #GDR..
you would see a gdr army tweets