RE: Genedrive to surge17 Nov 2022 10:40
Wonder if the sales team might even put out a tweet or two before Monday. I wouldn't want them to overdo it though.
Budd has plenty of positive things to say about the future what with AIHL and stroke marker tests but market conditions are in the most dire state since 2008 at the moment and Budd will be judged on results of sales over the last six months. Everyone wants to see the money just now, not invest on sentiment. Hence if there have been no sales, as I suspect, the sp is going to fall, and fall hard.
Personally I have no doubt this is a great stock to be in but like myself, most will be badly underwater if they've invested in GDR over the last three years (I'm not including those who have traded successfully on numerous spikes). If the sp falls to 6p and we are assured there is no cash raise imminent then it's an absolute no brainer imho not to throw the proverbial sink in here. 30p by the end of Feb imho.
If Budd is putting out messages such as the one just posted in Linkedin then I think there's no take over talks going on atm. Hopefully come the end of Feb though that might change...?
Going to be a tough weekend for GDR lths especially if the sp falls further before Friday afternoon.