Member Info for roger65

Well, at least it appears as if we’re all agreed on one thing and that is that this is going to take a long time to come to fruition. Years. Iis such as RF take a much longer term vote on their investment strategies and will be prepared to wait 5 years for a good return here. I think they’ll get it too but whilst we wait I can easily see the sp going much lower than where it sits currently.

Once RF have sold their 6.5m shares at a price above 16p they can sit and wait for the sp to drop drastically and THEN demand new shares to make up their shortfall. The profit from these shares will not be subject to the clause where the profit had to be paid back to gdr and so it makes sense for RF to demand these new shares when the sp is at 10p or less and then they just sit and wait for their investment to grow massively. Might take two years, might take 4 but RF we’ll be prepared to wait for each step of their strategy to play out.

We humble pis we’ll just have to pick our moments to jump off the Budd train

Sadly you clearly lack the ability of comprehension and inference. On our sudden climb up towards 2, 3 or even 5p I believe an offer to take over GST will land. Meaning we won’t reach 10p before it’s bought out. Dear oh dear.

Is that clear enough for you?

No you great dimwit. Jeez. I think as it is surging in price an offer will and for perhaps 5 or 6p a share. If's it truly got the potential to hit 10p then rest assured someone somewhere with very deep pockets will know more about it than us and try to take it off our hands. Would anyone here, BODs included, say not to an offer of 5 or 6p? Not sure I'd have the witsits to turn that down.

Billy - this won't get anywhere near 10p...ever! It will be bought out before it gets to 3p imho

I think you are right Stockpick and this is why it will either take years for GDR to get themselves into the US market (if they ever can) or will become a nice little morsel for a US pharma to pick up relatively cheaply who will then make the most of GDR's potential.

Big question is will RF - who imho are clearly aware of this huge potential - drive GDR into the ground and try to take it over themselves and then sell it on, picking up all the big profit? Budd and Gilham have put them in the perfect position to do that if they were so inclined.

It's all down to lack of sales basically isn't it? I suspect Gilham may have been hoping an offer might have landed by now to buy GDR and that's why so little has been done to organise the commercialisation side of things unitl relatively recently. Now of course it's all very late in the day and has ended up putting GDR in a very weak position as it is only surviving on money given to the company. It's resulted in several dilutions and I fear there will be several more in the near future. Knowing this has put off new investors and hence liquidity has dried up and we have RF selling millions of shares into a falling sp.

fwiw I don't think any of the selling this week has been by RF either. All the trades were too small and random. As before, when RF start dumping again I expect to see huge 100k trades printed after hours. Cue System swearing blind they're all buys :)

I hope we'll all do well out of this eventually but Gilham and Budd have made a right pig's ear of things so far, with the exception of actually creating the tests and the machines. Hoping for a buyout eventually but feel far more nervous now than I did before RiverFort got involved.

We saw a mega rise so it’s only normal to see a bit of a retrace. Even back to 6p wouldn’t be bad considering this was at 2p not so long ago!

Frankly for one I’m happy for this to drop further as I’ll load up far more of it goes that low. In a couple of years time this could well be back up to 12p if everything goes smoothly and Callum keeps his head and doesn’t start becoming overly ambitious the second things look like they’re really taking off

I wonder where the realistic value of this stock is. Here at 8p? Closer to 10 - 12p (or is that for the birds?) or actually could it be far worse and be heading for 6p as some have suggested. I know those who do suggest lower get vilified, ridiculed and abused but, speaking just about the last 3 or 4 weeks, in the main, they have been right.

Speaking for myself I have a choice: average down, sell out or just sit tight and wait for the 50% rise I need to get back in the blue. I like the new CEO and think he's done really well but....has this risen mostly on hype and fantasy? It might get to 20p but I'm now thinking unlikely in the next 12 months. Another one for the bottom drawer whilst Callum waits for decent sales news and the Govt and Press attacks on vaping to abate.

Will this ever get its rerate?!

Lionel - I think you've missed the inference in my post. I happen to agree with you and, as posted many times, believe the Chairman Gilham has a takeover lined up in his mind. I think Budd and co have little or no intention of breaking a sweat to get sales going, hence the things they do set up are half hearted and uncoordinated. Actually imho they just want to show to the world the products are great and that they can be sold globally and then hope an offer to swoop it all up lands. Job done. Thing is, getting RF involved because they've simply not managed to sell anything and are desperate for funds to keep the show on the road, has slightly put this plan to attract a takeover in jeopardy. RF may if they wish begin to steer things in a direction Budd and Gilham don't want. That said, I'm pretty sure RF would be very happy if a big pharma knocked on the door and opened their wallets.... Question is how much? things look quite weak at the moment but if Budd and his team had got sales off the ground and created an income stream they'd be in a far stronger position. they've now proved they cant' and don't know how to sell anything so RF can breathe down their necks and influence matters.

Still think you're right in that come October - possibly Sept in the build up to the anticipated NICE recommendation - there will be what is hopefully a very significant offer on the table. My ultimate hope? A bidding war begins when the sp hits 50p+ and GDR ends up being sold for £1.5 per share before Christmas.

Another good interview but to be honest they are never going to put one of these out that doesn't sound positive or 'excited' about what they're planning.

I'm glad they are focussing on Uranium but looking at the sp I think the market just knows any serious change in POW's outlook is a long way off and share holders most likely have at least another two or three cash raises to endure before seeing a significant uplift from .8p

Only possibility of anything positive happening in the short term is SW finding a jv partner for MFC but I personally think that's just pie in the sky and he only mentions it to try and make s/h feel it wasn't a total waste of time and money, which it certainly looks as if it was at this point in time. But you never know.

Blimey I hope it's going to be better than that ffs!

Imminent my a.se!

Anyone feel a death spiral deal coming on here?!

‘doing all the manufacturing’….

Love it. You mean they’re sitting on the end of the telephone line waiting for an order!

No report on AIHL sales three months after NICE recommendation. You’d have thought a sales team and a CEO focussed on commercialisation would have had everything ready to go on receipt of that news. GDR? Nah, ok let’s get the distribution agreements in place - that takes months - and then, oh hang about, we need to get the products approved and registered for sale in each territory - another 6 to 9 months - and then, oops forgot, better ask the manufacturers if they can still make these machines! When we get an order we’ll get right on to them. Has someone switched the phone/internet off? No one’s calling us! Hey it’s the end of the month, where’s my pay cheque please? “Mr Budd, it’s time for another drawdown!”

Great products. Clowns for management and sales reps

No one has posted on the fact the CEO gave out a specific date of May 11th for news from FCA. Then we’re toss on an RNS no less that all dates for results and decisions are non-specific and only vague. So why did our CEO put a line in the sand? Bear in mind the raise for £750k was announced only 5 days later after May 11th. Smell a rat anyone?

I’m not implying FCA won’t take GST on or that this has any bearing on their decision but that’s pretty underhand from the CEO imho to knowingly throw out a date that would encourage pis to throw money at GST quickly. Worked a treat and the raise was done but thus far we’ve heard nothing more about any possible acquisitions. So is the money just being used for salaries?

`How do you know they are big buys? Some are delayed publications so you can't be sure where the midprice was when the transactions occurred. Looks far more likely to me that they are part of a big offload and that a Tr1 could well drop soon.

Oh bugger, this definitely heading in the wrong direction!

Hope Callum has got something concrete up his sleeve to reverse this downward trend soon. Those shares I bought at 12p (convinced it was heading toward 20p) aren't looking very clever just now. Even all the ones I bought at 9 and 10p are all in the red too.

Jimi - at which point the share price will be moving a lot higher leading to launch.

I'm really not sure about that. Who is going to want to buy in in the face of knowing a major holder wants/needs to dump a massive number of shares pretty quickly. More likely many will simply wait until they see RF have dumped them and then try to catch the bottom. Pathetic volume like we've seen today is going to cause all sorts of problems for the sp. And we know full well mms will play their games and certainly won't help out pis.

Hey Burt, how is that imminent solution of debt funding going? Please someone put this guy out of him misery and take EISB off his hands. Please! It’s gotta be worth a few million quid hasn’t it?

Difficult to analyse the selling but from what I can see on L2 it doesn't look like it's mostly coming from one seller. Just pis realising this is totally in the balance, a binary outcome on the FCA news. It's either shooting up to 2p or heading south at a rate of knots. Many might simply be de-risking I guess.

What ever is going on it doesn't help build confidence when a director buggers off just when supposedly amazing news is expected. A Tr1 informing the market that said Director is dumping his shares would send the sp tumbling so let's hope it isn't him AND that there is NO Tr1 until such time as someone decides to buy in big time.

I really hope so Jimi. Budd is often rather backward in coming forward with information that enhances sentiment. Now would be a useful time to give something, anything, to the market with some meat on the bones as opposed to the recent tones of 'we hope for some possible positive news flow over the next months'.

Just one thing that was specific on DEVOTE/FDA/NHS rollout/AIHL sales abroad would start to put pegs in the ground for the sp.