Member Info for roger65

Will ARB survive even before the halving if btc drops below $60k? Looking highly likely it’s going to drop well into the 50s what with all the geopolitical tensions happening.

Hmmm still suspended? That’s unusually long for a trading issue. More to it me thinks… looking more Abbas more likely to just delist imo

Nothing temporary aboutc this. It’s finished and will either be delisted or sold very soon for peanuts. One again retail investors shafted by poor management. Lied to, market sensitive info withheld last year, and latest presentation giving a heavily skewed version of where reality lies for this company. Anyway, another lesson learned.

Stockpick - 'A big reason is that River Fort have sold all their holding. This was mentioned by the CFO at the presentation and it sounds plausible. For the last year, every rally has been killed by massive dumping.'

Agreed.

No dumping going on any more. Just need some positive news and there will be a rally which for once will NOT suffer the RF drag caused by shares being dumped. Is any good news expected? Yes. More hospitals committed to AIHL tests. More revenue. Sales of this test have only just begin in Europe and ME and revenue is already up from £50k per year to £250k. If that can more than double again in the next six months then things start to look healthier.

The plan is to have an 'open offer' to existing share holders. Personally I would prefer that to be at a lower price than a higher one for obvious reasons.Any ii funder is going to want to place at a lower price too. We know the company is desperate for funds. What comes first? The good news which sees a rally in the sp and then pis have to pay more to participate in the open offer and ii has to come in at a higher price and therefore probably more dilution. Or do they run things as close to the wire as they dare, do the placing and open offer at a lower price and then release as much positive news as they can so everyone wins? Will the ii want to forward sell? Almost certainly. They can only do that if there is a rally in the sp or a placing happens at a horribly painful discount to existing share holders.

Just so up in the air. No idea which way it will go. I"m back in but for once am prepared to wait for a clear sign which way the BOD want to play this before I consider putting any more funds in. Been a long and very painful experience holding here but I hope it comes good for everyone this year.

I very much doubt Burt will still be there if the Chinese end up buying it. He's proved beyond all doubt he's not a capable businessman. My guess is - a wild one I admit - that the recently departed Chinese sales rep will end up being appointed the new CEO or head of an Asian arm of what ever EISB ends up being called. Probably a million miles off as usual. Just relieved I didn't throw more in here when the sp was hovering around the 2.5p only a few months ago. Since early Jan it is down over 90%. I always live in hope these minnows can survive and stick two fingers up to the establishment but they rarely do. When there is something worth having the iis get it by hook or by crook. In this case the inept CEO played right into their hands. The Chinese got their man on the inside and have seen this collapse from a bird's eye view. They probably knew they were on to a winner over a year ago.

What a bugger. Only hope is they actually buy it out but I don't see why they need to bother now. They'll end up being given it.

Farewell to my £4.9k - and that was when the share price was at .5p.

Burt is a stupid see you next Tuesday. Oh well another one down the drain.

What, Tiger, you mean it's a punt? Get away!

It's not good that after one week Cheek has already failed to deliver another 'gain'. He clearly stated two more hospitals would be coming on line this week. We would have been informed via an RNS, as we were when Brighton took AIHL tests. We have heard nothing. Shame. GDR holders are used to disappointment however so this is no great surprise.

Yeah Janoz, after the last few months everyone will want a piece of this if it ever comes out of suspension . The CEO has definitely shown the company is really going places and that he's a 'safe pair of hands' in terms of looking after investors money. LOL

I wonder if that second placing will go ahead? Maybe they've failed to get any interest from iis. I would not be in the least bit surprised if it's not approved anyway by existing share holders.

All the rampers who were confident this would be back to trading in a week seem to have gone a little quiet. Lars probably on holiday

Can this be forward selling at this price ? Unless of course a placing will occur at .1p

As for the idiot who calls this an investment project... I've been here since just after it was listed and have seen 90% of my 'investment' wiped out in just the last 6 months by Burt's inept handling of this business. He's been a car crash for this company. No two ways about it.

Price drives narrative. Yep. spot on. Sp is on the floor and going to zero so guess what, major shock , retail investors have a moan on a bb about the CEO being crap. Burt needs to step down immediately and the company needs to find a new and respected individual with at least some track record of being able to sustain professional relations longer than 5 minutes.

Personally think it's too late now and that this is over.

Burt is a stubborn and intransigent buffoon who is far too emotionally attached to this company. He needs to go asap or this will go bust. He’s proved beyond doubt he doesn’t have the skills to lead the company forward, and is difficult to work with. Time to head for the door Tony and do the honourable thing. You’re losing people money here so F off and let a professional take over

Believe it or not Slacker I don’t think GDR is that far off managing this, or at part to the point where it becomes a much more attractive proposition to offer finance to.

GDR receives £1.2m per year in a R&D tax rebate. Income is currently £250k per year and only going north now there are EU and Middle East sales of AIHL tests. Also some funding from a handful of Grants means GDR could already be well on the way to covering about half its annual costs. If it could find a loan on reasonable terms for about £2m then things start to look interesting.

Everything imo rests on how soon the rest of NHS neonatal units take up AIHL and the NHS starts using the CYP2C19 tests. I actually don’t think it’s that far off. Maybe I’m just getting Misty eyed in my old age, and yes, things are tight just now, but I think GDR is very close to a tipping point where circs look more promising and sentiment from the market will change. Finally.

Burt is clearly a very difficult individual to work with and given his lack of managerial and strategic skills I think it’s a great shame he hasn’t gone instead of the intl ii rep.

Another AIM failure. This will be bust in another two or three months unless good sales results can be released. If sales were going well why would this chap have resigned. Think it’s all over myself.

Not sure how this can be seen as good news.

Something seriously awry if Director is leaving after only 6 months.

Mister P pls be careful to ramp this. You can follow progress of the consultation process and, as mentioned in the presentation, it’s not a forgone conclusion to get Full recommendation. It has already been established that NICE suggest lab testing whenever possible should be the first option. That’s already dented the potential revenue for CUP2C19

Still suspended!

Judging by the current malaise and almost non existent volume - less than half a dozen trades a day - I don't think anyone is expecting very much from the next RNS, whether it be regarding funding or sales news. This is another AIM catastrophe. As someone else on another AIM stock posted today Premiership products with Sunday League management.

They need funding urgently and from the way things look they are struggling to find it. Don't think Cheek will risk waiting for positive news to cause a major shift upwards in the sp. GDR has shown many times that you just can't rely on the NHS or NICE or any medical bodies to move the way you might expect or at anything other than glacial pace. IMHO Cheek will be desperate to get some financial security from somewhere, anywhere other than RF.

As I mentioned before I don't think the Question about conversations about taking GDR down the private route went down well. If that was the plan then why bother with the presentation? Just keep schtumm and let the sp keep dropping and eventually they could put out an RNS saying they're considering their options due to no funding being forthcoming? The sp would drop even further and then those offering to fund the company privately get it dirt cheap.

Just have to keep hoping they land some good news very soon. Certainly looks like it's going sub 5p again soon. Tiger is talking out of the orifice near his tail...Suspect you're right in that he's jumped back in expecting another GDR mega rise only things are different now. everyone knows how long it's going to take to become financially self sufficient and so there is no quick route to glory now. Just a long hard slog and keep things crossed that one or two things go their way for once.

Most likely not because some kind of deal will be done being closed doors with the CEO whereby he runs the company into the ground and it’s on the verge of admin and going private is presented as the only option. Job done. CEO saves his own bacon but everyone else gets stuffed. You do realise this is AIM? Happens all the time.

Reborn? Ha, as what though?

Still suspended. Awfully long time considering the initial raise was only for about £150k. Obviously someone doesn’t want to cough up but the FCA is allowing them as much time as they need to find a way out.

Mmmm £5m? Would love to believe they could do that but at what discount and how much dilution? It would be horribly punitive with current mcap only sitting at £8m. Don't even want to think about how hard that could hit lths after all they've been through.

Would prefer a more modest £2m which with increasing levels of income and cash already in the bank sees them just about into next year. if we haven't had any amazing news or the sp recovered by then then perhaps it should be wound up! I think they could perhaps get £2m at a 40% discount... Thoughts? It would be a kick in the nads in the short term but hopefully a recovery would be doable.

Actually, let's just have a buyout at 28p. Go on, please!