RE: Free fall18 Feb 2024 08:33
Onlyprofit, it’s upsetting to read of your plight but rest assured you are far from being the only one to lose money on the stock market. Sounds like it’s not game over though for you yet so I hope you recover. I too have ‘fallen’ for a stock and just believed it impossible for the company not to succeed but the longer I’m in this AIM cesspit the more you realise the vast majority of companies listed on AIM are here for a reason & that’s to raise money which they couldn’t possibly get from respected banks or official lenders.
I’m hugely disappointed in how things have played out for GDR but even now still hope things will come good here.
They do have refrigerators in the ME and air conditioning in buildings so I don’t see why tests would need to be stored somewhere else where equipment would have to endure 40c. Seems ludicrous to me and I’m smelling lots of rats. The reason for this being recently highlighted cd be genuine but cd also be down to industrial espionage - ie a company that has already targeted GDR and wants to buy it will find ways to devalue it before moving in for the kill. It happens. No way of knowing if that’s the case here but the former CEO’s performance defied belief and the setting up of the death spiral finance deal by him made me wonder what on Earth was going on. The potential value to gdr of the UK, US, Eu and rest of the world markets is colossal and where there’s money like that to be made there will also be sharks attempting to steal the prize.
Cheek seemed genuine in his first presentation but his credibility will be shot instantly if he doesn’t address this latest problem and calm fears this week.
FDA partner news wd be very welcome but this latest furore is a serious problem for GDR and the market obviously needs to hear from the new CEO urgently to stop the further decline in the sp.
I hope it all comes right for you, hopefully sooner rather than later.