Member Info for roger65

And news is due on Oct 31st ffs or can’t you wait that long?

I agree JLC. I think Gilham, as well as an experienced businessman, is most likely a pragmatist as well. If GDR continue to push for glory and gain FDA approval under their own steam then that will inevitably mean another placing and more dilution. It just keeps pushing GDR perilously close to the cliff edge. Gilham, with his pragmatic hat on will hopefully see that a bird in the hand is worth two in the bush.

A buyout now for £30m would equate to a share price of 6p. Not great after several years of being invested but right now I'd be hard pressed to argue against that. I'd much prefer to it to be more like 12p and mcap of about £65m but we need some good news in order to get anywhere near that. What's certain is that something is happening and our own BODs are determined for us not to know about it. Let's just hope and pray they are for once aligned with out interests and not just out for themselves. If this went for 12p I'd be out of AIM for good. I've got other AIM shares but would happily leave them and write them off eg KOD. Think KOD is going to come good but it's taking it's time. Ring any bells...?

I don't think she'll do it because of the knock-on effect to every single company listed on AIM and every employee of all the small companies trying to grow. the govt would end up taking far less from LSE if AIM collapses altogether. It's incredibly risky and she says she wants to create stability and also look like a serious economic safe pair of hands looking after the Treasury rather than one willing to risk terrible damage to the LSE. Much of London's wealth comes from the City so she has to play it safe in her first budget.

One other thought on the possible backlash to the Budget is that if all AIM companies lose 20 - 30% of their mcap in a heart beat wouldn't that trigger an awful lot of Take Over offers from wealthy US iis? But them up on the cheap, relist them in the US and make a fortune once the companies are put into a properly supported stock exchange such as the NasDaq in the US?

Maybe that's why the recent RNS ie someone clearing the decks and getting everything ready for an offer to be made on the huge dip many are forecasting as a result of 'Rachel Reeves' Liz Truss moment'...?

And back to reality with HL I'm being offered 2.415p for 850k shares. Someone is happy to buy lots

It would be a massive exercise in shooting oneself in the foot. Not only lose the instant revenue on sudden massive decline in trades ie stamp duty and then also the inevitable collapse of AIM altogether and thousands of small companies being unable to find funding anywhere, causing huge unemployment, and a big decline in further tax revenue just from the reduction in income tax. How many companies would fold, or delist and go elsewhere. If she does it then it will be another nail in the coffin of the LSE. Hard to believe how far the LSE has fallen since Brexit. 8 short years and LSE is worth less than a third of what it was. Could be half by the end of this year. And that's only if all the other majors decide to stay. With the change in non-doms tax rules there is every chance many of the biggest wealth creators and large employers will leave the UK too. I recall hearing the song 'Things can only get better' as a sound track to a Labour election campaign. Doesn't seem that way on any fronts thus far... Far from it in fact.

Ouch, sounds nasty. Get well soon.

Come on Bernard, et this license sorted once and for all please. Then a resource update and then followed with an offer. Not asking for much am I? Current price is a steal imv

It won't. Why? Because there was a huge placing and massive dilution in May. So, whatever your investment was worth then is now worth a lot less because there are nearly 4 times more shares in issue now - from 150m to 550m - and the discount for all those new shares was at 1.5p.

If there was an offer now then based on AIM Takeover rules it would have to be in the region of 3 - 4p. That's mcap of about £25m. I don't think Gilham is up for that myself, and don't think he'd have bothered even with what for him is small change of £30k buy at 3.10p. He and Gino have got to navigate GDR to the point where some sales are guaranteed and lift sentiment and the share price. Hopefully they can do this soon with this NHSS news due in a week's time. If that's a green light then any potential buyer needs to decide do they buy now or wait for FDA approvals next Easter and then pay at least double for what GDR has.

I'm out again. Minuscule profit but this was CS at his bovine scatting best. NDAs have been in place for several years and, oh no sale yet. All the same maybes/perhaps/ possibly/could bes as usual. EUA gave me my harshest investing lesson ever. When you're in profit TTMAR.

Nissan, this is potentially a game changer. The assessment was referred to the NHSS by AINA - The Accelerated National Innovation Adoption collaborative. Emphasis being very much on 'accelerated'. If this assessment finds in favour of adopting the genotype testing then this could lead to about £1.5m in revenue in one fell swoop just for CYP2C19 tests.

About 30% of patients cannot metabolise clopidogrel and so are at risk of further strokes. there are about 13k victims of strokes and heart attacks in Scotland each year. 13,000 tests at £120 each would leave GDR without about £1m profit after costs. This publication is going to be critical to how things play out for GDR over the next year. If NHSS, like NHS in England, decides to twiddle their thumbs and keep kicking the can down the street then GDR will doubtless be bought out but for a low ball offer even before FDA approval is given.

If on the other hand NHSS is told 'go for it and...get in with it pronto' then the short term picture looks very very different for GDR.

One of the biggest fears at the moment is whether or not AIM will even exist by next Easter when GDR will need funding again. Rachel Reeves could single handedly destroy the future for all small companies wishing to grow and attract investment in the UK. The new Labour govt are so desperate to raise taxes that I can see them removing the Business Relief (BR) on AIM and thus see a vast amount of money from iis disappear over night and lead to capitulation. In her efforts to seek tax revenue RR is risking irreparable damage to the LSE and actually ending up with vastly reduced revenue and ultimately zero from AIM if it disappears altogether.

Knowing how bent this is I'd put money on those investors who have pledged their wedge to stay in have been given the wink/nudge that the company will indeed be allowed to go into bankruptcy and they are then invited to be part of a consortium to buy the entire company with the rest of the money they held back in the recent placing shenanigans. What ever, it's a complete and utter farce and pis will end up with nothing.

Ok well I’m less confident on that, especially after the placing in May: 50% discount and over three quarters of dilution. Even by AIM standards it was brutal and outlandish after two or three years of comms telling us their focus was commercialisation. That’s why we all bought in in the first place. They just failed to deliver anything for the first few and didn’t say it’s going to take 5 years rather than another two or three.

Anyway, we are where we are and I’m back in and still seeing good fortune here but I’m far less trusting of the Directors now so will play my hand as I see fit on any given day rather than blindly following them.

Hope everyone here gets a good return.

I agree bigh but…come on, you surely wouldn’t expect to hang about for another 18 months and unfortunately not see your investment diluted again would you. That 60p could end up being 30p Tks to another massive fund raise by Gino and another half a billion shares added…?

Personally I’d be happy to get out with 12p and bid the company a fond farewell for the future. If you and others are happy to hang around longer then I wish you all the best with it. 12p now would do me just fine and I’ll walk away happy .

Another good post on AdVFN - not sure I can cope with it - but I think my gut feeling is this is what’s going on.

‘ Yesterday’s RNS smacks of cleaning up your stall for Due Diligence, wouldn’t be surprise if a deal is being worked on and they are getting house in order. Especially if it’s stateside where they are hot on declarations being updated.’

I really really wish GDR could have made more headway before any buyout though. Hopefully Gilham will guide GDR through this phase and end up with something significant eg at least £50m rather than £25m which would be understandable at the moment.

Think I agree with you Dashbroom, it's over.

The only polite way to describe the last 12 months is as highly irregular. Don't think any of these Directors should survive this absolute shambles, or indeed be allowed to be Directors of any company in the future. Surely the FCA will step in...? oh no, of course not. Silly me.

There must have been some good buying this morning as buys vs sells are now 3 - 2 but looking at the last couple of hours of trades I can't for the life of me see where £185k of buys have come from. could there be some OTC purchases going on that we only find out about later? Would explain why we're currently blue

Decent volume again today. Showing signs of interest.

Really wouldn't be surprised to see another RNS this afternoon.

Lorna needs to get this out of the way asap or else this is going to keep dropping. Everyone knows it's coming so she should for once try not to shaft pis and halve the value of their investment yet again. Lots of potential here but she now has form when it comes to massive dilutions for existing share holders.

Posted this on the wrong bb but the first point is regarding AIM and the risks the new Labour are presenting by threatening to ban it altogether for all smaller and growing companies who rely on AIM for funding. They need to ban shorting on AIM stocks. Then more genuine investors would look at putting their cash on the table. Whilst there are so many shorting gangs, Telegram groups organising pump and dumps it's an absolute cess pit and not to be trusted. They can't lose it altogether though as that would finish thousands of smaller companies all trying to grow, many of which will be successful and create tax revenue for the Govt. To get rid of AIM would cause massive unemployment and lose an entire tier of business and wealth creators. AIM just needs to get rid of the sharks and shorters.

As far as KOD is concerned I think the current malaise is simply down to the ongoing delay of sorting this license out and perhaps a degree of distrust in dealing with the Mali Govt who appear to move goal posts at will. Here's a mining license from 2019. Oh actually we think we can make more money out of these mining companies so let's come up with a new mining code. hmmm not great business sense but whose to say there aren't unscrupulous individuals operating within the Mali Govt and official bodies. African countries are renowned for being, let's say 'unorthodox' as a polite way of putting it.

Hopefully Bernard has the measure of who he's dealing with though and can steer the KOD ship through these choppy waters.

Sorry, wrong bb!!