Member Info for roger65

I agree with the last bit of your latest post. huge risk. Huge reward. It's just an uncomfortable ride when AIM CEOs are either putting out false information on social media platforms and interviews (ie when they can be economic with the truth r just blatantly be misleading) or just inept and balls things up by taking the wrong and often stupid decisions. Hey ho. It's a wild ride on AIM but I personally doubt it's going to be in existence for much longer. LSE is in serious trouble and the Govt has to clean up its act and also make investing far more rewarding for those who choose to support start ups or small cap companies which have the most risk. As it is retail investors take huge risks, get lied to by BODs and then if they are lucky enough to make a profit, have to hand over 40% of their profit in CGT. Oh what fun

Yeah Bid is only 25% down from that but just listen to a few of the better posters here who are confident it's going to go up 400% from .1p Some good ones on here if you need cheering up.

Dr C....what are you up to?!

Sorry Tiger but if it's a choice between believing you or muminr ....it's the latter hands down. Anyway, you clearly have a very thick skin so don't mind me, you go about your business in any way you want to.

On April 5th Cheek said they didn't want to take any more of the RF funding available if possible. Well, one month later and they still haven't taken any RF cash. I maintain Cheek couldn't and wouldn't take GDR right to the brink unless there was another plan. There simply has to be one or else he's playing God with the livelihoods of the nearly 50 GDR employees. There is a plan, we just don't know what that plan is.

Positive outcome - sp slowly begins to rise as we approach 10th July and a placing is announced shortly after the NICE news lands.,

Negative outcome - sp continues to drop, either RF funding is taken or GDR becomes a takeover target at a lowball price. In this instance cheek will have to persuade it's better to approve a lowball offer than risk the company going into administration. Don't think anyone would have any problem in believing admin is a very real possibility and so someone will get GDR for a few £m. Whether it's a US enterprise or one from the ME who knows.

Because you didn't buy Tiger. You've proved yourself to be a liar. You claimed two trades of £10k each were yours when in fact they were muminr's

I don't know where or care where you put your imaginary filthy lucre but just don't waste time pretending you're putting any of it into GDR please. Oh and none of your wise predictions as to what is about to happen here for GDR. Some posters have been here as long as I have and not one of us has a clue what will transpire.

Big question for me is can they get to 10th July without doing a raise or taking another drawdown from RF. If that was manageable somehow then I think we'd see the sp rising. Even it turns out to be a sell-the-news event I think that would provide an opportunity for Cheek to do a placing at a fairer share price and give the open offer to existing and lths.

If it's full recommendation then within the 3 months the NHS will have to spell out how much funding will be used for the CYP2C19 test and in how many hospitals. If they are working off the 35k tests per year as stated in the NICE consultation documents then that's a heck of a change in GDR's selling fortunes. That would provide about £2.5m in revenue p.a. Together with increasing sales of RNR1 and the annual R& D refund GDR are tantalisingly close to becoming financially self sufficient. If Cheek can get a placing and open offer away at 5p for £2 to £3m then the short term outlook will be very very different. That's a positive spin on things.

More likely imv is that GDR can't survive until 10th July without either having to do a massive dilution and giving half the company away and issuing another 500m shares, taking more funds from RF - there is still £1.5m available to drawdown - or lastly being bought out at a cheap price. I have no clue what will happen but the days of dreaming the share price could once again reach the lofty heights of 20 - 30p are now well and truly over.

Guy - what do you mean by ' but the new owner is just more of the same as dudd'?

Well if we end up with anything out of this shambles it will come as a pleasant surprise is all I can say.

Seems like it was a fairly strong brand - that's why I invested - and had decent placements in numerous territories. Burt clearly can't run a company so the best possible end game would be a buy out. Might only be for a couple of million quid but i think most share holders are so sick of being lied to by Burt they'd approve it and TTMAR

I don't. As someone explained very clearly here the other day, now Dr C has just over 10% he can protect his investment he doesn't need to continue buying, unless Lars decides to do another raise very soon in order to try and dilute Dr C under 10% again. Didn't work last time if that's the game. Fascinating to watch this. Where will the bottom be I wonder.

'I’m prepared to take 50p short term if Stablecoin legislation is passed.'

I love reading this bb.

Agh typos

*Gilham could easily fund going private. He’s sold companies in the past for £100s of millions

Yes and look what has happened summers. At every turn the sp drops further. Where's the evidence to suggest it's worth getting back on board?

Volume dropped off a cliff. Hmmm what next I wonder.

Fret not though folks, Lars can’t wait to share more announcements with everyone.

Sorry Popeye, you beat me to it

Gilham could easily fund private. He’s sold companies in the pay for £100s of millions. Maybe this is why Cheek is happy to take things to the wire with regard to sorting the funding crisis?

I don’t know who the major share holders in GDR are but cd something similar to what happened at e-therapeutics happen here too? We’re talking much smaller sums of money.

Interesting to read this from the e-therapeutics BODs ‘ s, the Board was extremely disappointed by the lack of institutional UK interest in our innovative, technology-driven value propositions.’. Funny that!

Segment on R4 this morning interviewing the CEO of the AIM listed Company explaining how over the last few years £1.9 trillion (I think it was trillion) of funding has now withdrawn from supporting smaller companies on the LSE. There are nothing like enough rewards for retail investors who risk losing every Penny they invest only to be thanked by the uk govt by paying 40% CGT! It’s no wonder the AIM market will be dismantled altogether in the next 5 years. And I don’t see a new Labour Govt coming to the rescue either.

And if you truly think that System why are you still here? If I was convinced of that I’d sell up immediately. I’m not convinced that’s what will happen…yet and so remain highly interested in what happens here over the next few weeks.

If Cheek manages to save GDR then imagine the rewards by buying in now when the sp is almost below 3p. High risk yes but potentially a 4-bagger even if the sp gets to just 12p

I’m still thinking most likely outcome now is a lowball offer to buy GDR. I’m hoping that will be at about 5,6 or 7p per share so I can double my investment - sorry, punt - from here. If there was a bid of £10m so much the better and I’d now take that. If the sp drops further I’m gambling on about £25k at 2.5p and then a takeover. GDR can’t survive on its own but the IP is valuable and they’re almost over the line with a Full Recommendation from NICE. Unfortunately the 3month delay in getting that NICE news has done for GDR. I’m cynical and think it’s no coincidence this is how it’s all panned out. GDR so nearly nearly made it but there’s huge potential for making money out of their tests and so other players have got involved and manipulated the situation GDR now finds itself in. £10m to buy GDR would be an absolute bargain. Total annual costs £5m with a potential global revenue ten times that - and that’s achievable in just two to three years time.

Guy - bid down to 2.75p. What’s your gut feeling on GDr being taken private and delisting?

I* at our xpense

Cheek simply would not be allowed by all those around him to simply take this up to the wire in this way without having a plan B .

Looking as if the Plan B might well be to let the sp collapse and then announce a lowball takeover bid. The rationale bro accept such an offer will be that the company is at risk of going into administration so accept it or risk losing everything.

What the offer is going to be is anyone’s guess but my feeling the sp will be allowed to drop to 2p and then we are ‘advised ‘ by Cheek to accept 5p per share. Such an offer will guarantee every single employee and of course Cheek’s own huge salary. This is not the way to run a business and I think retail investors have been strung along more than once in order for iis to make a profit any our expense.