Member Info for roger65

Very odd James. Mcap has not hit £10m since before Cheek was appointed. Pretty certain of that. Anyway, time will tell what the market has in store for GDR. There are some extremely activist parties in play, including GdR’s own BODs, who have clearly worked hard to get the sp down where it now is. Everything they have said or done since Cheek arrived has only served to dent confidence and sentiment more and more. They obviously have a plan and it’s in play right now - still think the 3month delay from NICE has played havoc for them - but now they’re putting some of their own money in things will improve. We know they wouldn’t risk a penny and they’ve given themselves a get out because they stated they ‘intend’ to participate! No guarantee they will unless it’s a dead cert!

If the market is fair and maintains GDR’s current mcap of £2.85m and then adds £6m worth of cash then with 650m shares in issue we’ll be looking at a new mcap of about 1.3p

However there is every chance the sp will rise considerably as July 10th approaches and perhaps there is more good news released. I’d be surprised if this doesn’t get to at least 3p by early July and sits for a while at double the placing price.

Prof - if you think they would put in a penny to ‘fool’ investors & knowing they are likely to lose it then good luck to you. The sp has imho been floored deliberately as part of a long term deal and plan put in place by the BODs and RF. they know if this fund raising is successful they’re going to double their money at the very least. The very very least.

And there’s a few of your type on every LSE bb these days who can only post blindly ramping and Uber positive msgs and attack anyone who might dare to suggest things aren’t entirely rosy . Equally tedious I assure you. I am hopeful Dr C knows what he’s doing and that there might be a chance this recovers to a degree. As far as you’re concerned what could possibly go wrong- we’re all going to be rich and is a dead very and this is definitely going to be a multi bagger…

Thanks 1DRodney

Back to the 0.08s? Might not be such a bad thing as perhaps Dr C has more orders in for shares under .09..?

Sorry, yes absolutely right. Transactions will take place after the GM and resolutions are approved.. I had forgotten about that hurdle. I wonder if the company will release an RNS today or some time before the GM to confirm if there was enough uptake or not

Offer closes at midday today - hence the RNS this morning suggests the BODs want to get this over the line and know that’s they’re close but not quite over the line yet.

I think the shares HL buy on your behalf will be transacted today and probably show up in your account on Monday or Tuesday.

£4.8m is NOT just for keeping the lights on Slacker. At least get your facts right. That’s for a fully operational R and D company.

This is a step in the right direction. A small step yes, but it’s just the start. Any genuine investors here will be pleased to see this development.

After so much personal disappointment in the management of this company and even though I’ve lost massively I am happy to finally see this kind of progress that will benefit ordinary people. Still think the BODs are not to be trusted and may still be giving pis one last chance to make a small profit before they either go private or let this be sold. Unless the raise is unsuccessful 1.5p is a bargain imo. I will be attempting to recover some losses so am grateful for that opportunity at the very least. If the sp can get back to 5p by the end of the year GDR will be doing very well. As I’ve said before, if - and it’s a big IF - the iis coming on board now have sticky hands then this will do really well. If they dump as soon as they’ve made 100% profit ie with the sp at 3p then it’s going to be a tough few months for lths. By my reckoning there will be at least 200m shares to be churned before the sp is let go properly.

Tiger tiger, it’s not inside information and one broker even publicised at the start of this week the fact they had 7.5m shares on their books and that in the 1:1 offer they still had 1.6m shares left to be applied for!

Don’t think so System. I applied for a load through HL becaus I still have about 1000 shares. I applied for a 1000 on the 1:1 basis but also £15k extra at 1.5p

When I spoke to my adviser at HL yesterday he said he thinks I’m likely to get all £15k so that made me think it’s not over the line yet

Apols, I mean tea person…

Tea lady probably gets closest Guy !

Back into the .08s today? That really was a huge dump of shares yesterday. Hope the good doc hasn’t had a change of heart and just sold all his recent shares for a 20% profit

I’d say it’s nailed on. There is no way any ii would put £ms into GDR on a whim. And clearly there are some iis (my suspicion is one of them is RF) have decided to put several £m in at 1.5p

The crucial thing is what happens if retail don’t come up with the extra cash needed in order to get this up to the requisite £6m or so. Surely the BODs don’t just hand all the money offered in these various placings back. BOD cd not have been clearer in the placing RNS : cough up big time or else!

This will be the very last time GDR can get away with luring retail investors in unless it all comes off.

Big questions still remain about the near term future. What do these iis do if the sp doubles to 3p? Will they immediately dump? Could be a very short lived recovery with retail left holding the baby yet again whilst the iis walk off with their pockets full and a quick 100% profit.

GDR has never been such a risky punt as now imo

Omg you’re not serious suggesting that could be GST are you? I’m optimistic about this eventually seeing 2p but that’s flipping hilarious!

Expecting good news to land before the July results RNS

Tricky, you won’t see a TR1 because RF never held on to their shares long enough to establish a holding large enough to warrant a TR1 in the first place.

RF no longer hold any GDR shares. It was confirmed by CFO Russ Shaw in the recent Investor presentation. They made it clear they didn't want to go to RF for any further funding so as far as I'm aware they are already out. The damage to the sp was done over the last 12 months though. A hugely dilutive raise done 12 months ago would have been far far better than the deal Budd put in place. I will never understand how the Chairman Gilham let it through...oh but hang on, the Directors can now buy shares at 1.5p rather than say 15p. Stitch up for lths if ever there was one.

What news are you expecting here?

Ah ok tks. In which case a mere £10k per day. Let's say the exchange is trading 200 days a year - I don't know if it's like the markets - but that's still c£2m per year being generated. That's just one arm of GST activities. If they're making anything like £5m a year then the mcap is still quite a bit lower than it should be. And that is with nothing else for the future priced in.