Member Info for roger65

Any deal *. NOT happening…

Sold out entirely at 352.5p

I felt the likelihood of any deal happening anytime soon was too great. Other fish to fry and all. Good luck to holders.

Shouldhavedone you are talking rubbish. Utter drivel. You’ve been posting that for weeks and weeks now and not once has anything even hinted at doing what you repeatedly is about to happen. This ain’t retesting anything above 2p for a while imho. Not since the pandemic has this share risen after a presentation. Even that was based on lies from David Budd - a supposed deal with the US DofD and from which’the numbers add up dramatically’. Oh how Budd must be laughing now. Share be down over 95% since those ill chosen words and just 5.5 x the nine of shares in issue. It’s been a roller coaster and still is. Are we on a downer just now or an upper?? Time will tell

When oh when is this share going to move up?? No sentiment or excitement brewing at all it seems.

Stock - you are right, I did lose a lot of money here but there have been two periods when I’ve made up most of those losses. Firstly when the sp shot off up to 9p. I sold out and then got back after the placing, so mostly at 1.5p. I then sold out again entirely when it sprang up to over 4p. With trading pot of about £30k I’ve continued to make up losses but I have now chosen to keep a pot in permanently as I feel a seriously good bit of news could land anytime eg FDA process commenced. I think something like this will finally set the ball in motion and so I don’t want to risk being totally out.

Whilst we await results l I’ll hold fire trading as I can’t see the cash position or sales being so great that it will reassure people another placing won’t be needed in H1 next year. I cd be wrong and it just goes over into H2 but….i absolutely do NOt believe they have enough to get through to the end of 2025. This company spends as if they’re already generating huge income. Always has. That’s a worry. Simple as. It will come good I feel but just when is the Q!

Ok I’ll go ramptastic then and say .68p? Can feel it in me waters… Hainan walk off into the sunset hand in hand with MG and Bernard moved on to the next project. Hopefully some gold!

Shall I remind everyone about FAB?

You ramped and ramped it through the teens and all the way up to 20p then suddenly you were out without a word. Deliriously happy for people to follow you on but then you continued to ramp whilst selling. Sp is now less than 5p. Maybe I’ll dig out some of your old ramps.. actually I can’t be bothered. I think many have worked you out for themselves now.

You must be selling now or else you wouldn’t be posting at all. Usual MO eh? Must have made yourself a fortune on the back of others losses.

Good God, No one should trust that rat Myles Mcme.me.me

Most likely means he’s all in now and will start selling as soon as it goes any higher but he’ll now encourage all and sundry to get on board for the next few months to secure his sells at the price he wants. Rinse repeat operation in lots of stocks.

Maybe my sells at 2.58p weren’t such a bad thing Street all eh EmC?

Feel is going to drop further - not because I want to buy back on lower as I’ve still got £40k in - but confidence in sales figures is naturally going to be low. Unless you’re a mad ramper of course.

Think the results will shift the sp significantly in one direction or the other. I don’t see the sp staying still more for a few weeks so there are going to be opportunities with the volatility. Hope everyone makes good decisions for themselves.

If there have been any sales over the past six months that could shift the sp then they should have been announced in an RNS. There has only been one such RNS which announced sales of roughly £100k per year. On top of existing sales of £50k per year and small sales here, there and everywhere I’m hoping for £250k globally per year now.

The real problem with sentiment here is that the key goal of achieving a national roll out with the NHS keeps being pushed back as more and more data gathering studies are announced. The other problem is silence on the De Novo process being commenced for FDA approval. Basically there are no clear timelines for investors to go by in terms of investing short, mid or long term. Well, I suppose if you’re going to invest long term it doesn’t matter when you jump in, you just have to accept the inevitable dips and risks of another placing. I’m thinking there will need to be one more placing but that that might be the last one before meaningful sales are achieved via a full roll out with NHS and FDA news.

Even if Gino just stated that they are going to kick start the FDA process in January that would give a huge shot in the arm to the share price as we now know the result of that application could be known in as little as 3 months.

But for now however I fear it’s a case of sit tight and hold tight.

MM's are filling a large order, someone building up position before making a bid!?!

I really hope so! Would Ben incredible to walk away from this if an offer for .5p landed now. Preferably a lil higher

Here we go again…zzz

Beesty…. You say ‘no share dilution or placing….

Kelty of Panmure says…’ He acknowledged meanwhile that ‘it is clear that new funding would be needed in Tanzania’ …

Sorry GG123 but I think you’re posting misleading information when you state ‘ Cash will be fine until end of 2025’

We just have differing opinions. Is that no longer permitted on these kind of forums?

Lionel, I disagree. sorry.

'Revenue to Genedrive for the MT-RNR1 ID kit UNDER THE PROGRAMME is expected to be approximately £500,000'

I think this means the £500k is to be used for costs incurred by the 24 month data gathering study. I might be wrong and i'm certainly not looking for any drama but it has happened so often here that bb readers get the wrong end of the stick and jump to conclusions. This Grant imo will not be allowed to be used to cover ordinary salary costs or usual monthly spend. It is specifically for data gathering. We have differing opinions but ultimately want the same thing and that is for GDR to achieve commercial success. I just happen to think it's a little further away still than you. Hopefully we'll all learn a little more after this next presentation and set of results.

Personally I'm expecting sales figures to have risen and be more like £250k per year now. With tax credit of approx £800K, this Grant and what's left of the £5.47m raised last June I'm hoping the company can get to Easter 2025 without needing more money - that is based on an increased monthly spend of £600k - £650k as of January. I think they will need to plan for a funding of some kind before then but I could be wrong and be a two, three or four months out months out. Just my opinion.

James, you appear to be getting desperate and clutching at straws. You were told in an RS what the £500,000 was for. It is not to contribute to ordinary monthly spend on salaries and so forth.

Oh, I’m so sorry. I was £170,000 out. You didn’t seem to mind somebody posting in accurate figures when they said there was 6 million.

Everyone knows a placing is on the way for Tz. Just a car of how much, what discount and crucially when. Wd be tough for lths to take after the last 18 months jeez. I was hoping Lorna would hold off but it’s there in black and white for all to see. Eek

And they didn’t manage to raise the full £6m. After costs they ended up with an extra £5.3m

My main point is that no matter how much they have now they will need to raise at some point imv. Big Q is do they wait until they are nearly broke - as they did last time - or do a smaller raise earlier when they are still in a strong position to negotiate a smaller discount for the placee. Time will tell

Stephen, I think you’ve gone wrong right at the start. The £500k is NOT for monthly spend. It is to fund new pilot schemes that started on Nov 1st. So it doesn’t contribute towards and extra 3 months.

I don’t know exactly what money they have left at the moment as they’ve also been taking in extra staff. We’ll all know (I hope) once we’ve seen the cash position in the end of year results.

Time will tell. We don’t have long to wait to find out.

Exactly. Going Concern and Outlook always come at the end of these reports but are the most telling.

As for ‘interesting timing’ I’m not sure. They have always done a presentation following the end of year results haven’t they? No great surprise in that but it will be really interesting to hear Gino speak at length and in detail about how things are going and short and mid term projections for what the company are working on and hoping for.

I would not be surprised if we see another modest placing next week before the results. It would ensure they have the necessary funding in place to get through these crucial next few months without having to worry about finances. They could then explain the rationale in the presentation, putting as positive a spin on it as possible. Just an opinion and I don’t think that would be a bad thing to happen at all.