Member Info for roger65

Been on the morning grogg?

Likewise, I'm just going to have to sit it out and wait to see what the stink is. Who ever is coming on board has already been gifted 20% of the company for £500k. Amazing to think they'll now be given another 40% for possibly even less than that. I wonder how Rob Richards will be benefitting. Dark deals going on here. Clear now why RR lives in Thailand - very far away from the reach of the FCA. Not that they'd give a f...k what was going on here.

Sorry but I've said this repeatedly that if/when the 'children' make discoveries it wouldn't benefit POW, ro at least far less than many believe. GMET out out a very good RNS and even their own sp has risen by less than 1%. The impact on POW?

I happen to agree that .3p is a fairer price the way things look. SW is unable to move anything on at pace so there are better options for investors until there is at least a clear plan and timetable of drilling. SW starting to look to me as if he's already out of ideas. If the sp drops to .4s or lower then I think we'll start to see some punt money come our way. Afraid I still think the US listing is a red herring and will bring us nothing substantive unless of course there is news of a discovery or the price falls off a cliff and there are a few willing to throw some punt money in.

'Then there is the multi million cost of an FDA application, which will need a funding partner too.'

It sounded to me as if GDR was going to qualify for either De novo or 510K routes. Both are much quicker than 9 - 12 months and also far, far cheaper. I'm happy to see both sides of the argument but to only point out the worst case scenario isn't entirely helpful.

IMHO Cheek has rolled the dice big time here. He needs to deliver some fairly spectacular news before Xmas and for that to budge the sp considerably higher EVEN THOUGH everyone knows that on the back of that he needs to do a fund raise. This is where his strategy doesn't quite add up to me. Regardless of good news landing now many if not all investors will hold fire because they know what's on the near horizon. Therefore Cheek has rather shot himself in the foot to deliver that fund raise at anything like a decent level...UNLESS the news really IS significant. Let's say we hear of 6 or 7 new NHS Trusts taking up AIHL testing, sales in the EU are under way AND one of the fast and cheap routes to FDA approval is confirmed, then I think the sp would rise no matter what fund raise is just around the corner.

Even if just AIHL is seeling in the UK, EU and US then the sp should be at a minimunm of 20p even without confirmed sales figures.

So, the ideal scenario is fab news is announced, sp rises to 15p+ and then a raise is done at between 10 and 12p and thereafter it soars to 40p+

Who says the 'war maybe coming to an end'? I haven't read anything from any reliable sources suggesting such. Wish it were true though.

Anyone any idea when the winding up hearing is likely to happen?

Ah excellent, only 100% of share issue. You could not make this up. Deal already done imv and company to be given away for peanuts. Actually, peanuts that I paid for. Clever old me. Don’t care any longer if this goes bust, I’ll be voting against just to try and shaft the Directors.

Months *ago

Oh dear, I pointed this out months Jimmy. It’s body Care . Not body shop. Completely different organisation.

There are far more philanthropic organisations that would support something like GDR in the US simply because it will benefit millions. I also happen to think there’s a l long long wavy to go in this area and a machine that can test for hundreds of genetic mutations must be the ultimate goal. Time will tell.

I’m thinking of a Charitable donation from the likes of Bill Gates Foundation. It would make coming on board as a strategic investor even more appealing as the sp would absolutely rocket. Who knows. I’m just cursing the Chairman for not doing something about Budd much much sooner.

But Jimi, why would they sell any shares if good news was imminent? It wd depress the sp and worsen the conditions for any potential fund raise. Doesn’t make sense to me.

I’ve watched the presentation now and agree that Cheek is a far more appealing and engaging personality than Budd but this is AIM and CEOs have been known to over promise and under deliver. GDR are currently in such a big hole that I’m reticent to believe we’re just a few weeks away from lots of great news. If the sp shot through the roof and the mcap doubled then Cheek wdnt need to raise more funds quite so soon.

I’m neither bullish or bearish at this point. Just hope for lths sakes there is some news which shows there is finally some decent traction with sales. More NHS hospitals outside Manchester wd be good to hear. Sales in any EU or ME territories would be good too. A sponsor coming on board for FDA fast route to market would be amazing!! This last issue cd really turn things around very quickly here for GDR and if there was seriously some possibility of this happening I don’t believe RF would be selling anything. Indeed they would be desperate for GDR to accept the remaining drawdowns asap to guarantee them the best possible returns on their investment

Reinforces the theory that the sp won’t take off again though until there’s some significant news. If anything was imminent wouldn’t they just wait a few weeks longer ? Anyway, just a hold for now until we hear of what ever is the next piece of the puzzle being put in place.

I did say in the .3s or .4s this becomes a little more appealing for new big investors. Trouble is SW is emptying the accounts paying salaries rather than spending money on drilling asap.

Just another AIM car crash. Never believed the IPO strategy would work. Still don’t . One by one POW will sell them off just to keep its own lights on

Great guns? 24 btc at current prices is about $1500 in commission. Thought volume was a few hundred btc each day a week or so ago…. Come on GST. Take off time!

And now we have more shenanigans to bear. Whole load of small trades all at exactly the same time. This is where AIM shows itself to be such a cess pit and just a shark infested pool where the pis are considered fair game

If this even gets back to just .45p then I’ll sell at a loss but be happy to be away from these people with no morals, no scruples and nota shred of decency in them. Can’t print the word I would use to describe them.

It can only be sold in the EU for research and development purposes. Approvals to sell commercially still not in place.

Unless the deal is already done and this way it doesn’t seem like such a complete car crash if the sp is .2 and a buyout is for .4p with Directors carrying over their shares. Honestly, I wdnt put it past this CEO

Seems like it was a very positive if tentative presentation.

We all know the products are good. There must be good news imminent imo or else RF wd definitely not have thrown another £300k at this right now and the new CEO would not have stated quite so badly that there could be a good RNS as soon as December.

I’m cautiously optimistic but have these words from Budd still ringing in my ears…’we are totally focused on commercialisation!’

I do get the impression Cheek is a big improvement on his predecessor and he’s had very little time to create any impact so I’m willing to give him the benefit of the doubt. If however there is no positive news by end of Jan then we will know he’s no better than Budd.

One question for those who heard the presentation: was Cheek able to say how long the delay might be for news from NICE ON CYP2C19? If that were by some miracle to receive a FULL recommendation then all bets are off here.

He MUST be expecting significantly good news if he’s stating he’s after more funding in early 2024. A resurgence in the sp is the only way he cd achieve that. Come on Mr Cheek, but some and watch this sp fly for once. It’s been too long!

GLA

And that in fact there have been decent sales but they are deliberately painting a glum picture and things aren't quite as bad as they appear? Hanging on to the barest of threads here....

Could there be some Director buys now at this level?

Er don't think it's anyone buying in, sadly. Looks like repeated and consistent seller so I'd go with the second half of your statement.

Interested to hear this....

Do you mean 'traction' rather than 'attraction' btw? Anything would turn this around pretty quickly. I don't think I would be confident of funding from anywhere with the way things are now and I'm amazed RF have handed over another £300k. Perhaps this possible news on sales in Dec is why RF and Cheek are doing and saying what they are just now? Would be amazing to hear of more roll out in the UK but to be honest they need to multiply their sales by a factor of nearly 100 to get close to covering the annual costs.

The sales team should be sacked en masse. How could they - and Budd make such a fundamental mistake? the conspiracy theorist in me has me wondering if Budd deliberately let the sales team make these basic mistakes...and if so, why?! He's a snake in the grass that one...Still think Beckman Coulter might prop up at some point....Budd will be on a back hander probably. Just my views.