The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Good sign.
Looking forward to the days when there are 1000 trades a day here rather than just 10 though. If the lse bb super rampers start posting one day then we'll know we have the full attention of the 'herd' and things are going to get interesting.
Hopefully it will be more weeks rather than months to wait - and definitely not years!
Can an offer be made to buyout CPX whilst it is in suspension? Nothing would surprise me with this sham....
Totally agree FCA are there to aid iis in fleecing retail and help them circumnavigate the rules. No teeth, but that's exactly what the LSE wants, a regulatory body it can lean on and squeeze when ever it chooses.
'No one said we were running out of money'
OMG who is this utter clown?
RF funding has damaged the sp, from 30p to 3p in 12 months and as things stand they are the ONLY possible source for further funding we know of.
I hope Cheek will, on the back of this good news today and more in the pipeline, be able to do a traditional placing. It will mean dilution but at least the funding will not come hand in hand with an activist share holder like RF. I actually think this will rise further today but I am waiting to know with 100% what the funding solution is before I buy back in. If the sp can get up to 7 or 8p today/tomorrow then a placing at 4 or even 5p might be on the cards. Then GDR would be off to the races with that out of the way and RF drawdowns a thing of the past.
Sorry System, call me a cynic but I've been in GDR for years and been disappointed so many times by mngt not telling investors what's in store. We DO know a raise is imminent and from my several years of being invested in AIM companies (far too many!) I have seen this kind of rise on news only to realise a few days or weeks later that a placing was forward sold. I absolutely don't know for sure that's what's happening right now but I'll just wait for concrete news on funding before jumping back in. If that means I miss out on the rise of a few pence then so be it,. Enjoy this moment though everyone. Good to see GDR on one of those huge upward curves on the charts. It's been a long, long time since that was the case...
Told you System, I sold out and have missed this rise. Happy for lths here though. They deserve this.
This is the beginning of the long climb back up to something exciting and hopefully they can rid themselves of RF. if they do that I’ll buy back in as with funding secured - even if massive dilution - this will have huge potential to get back to 30p or higher by this autumn. And hopefully FDA partner news to land soon too.
Oh dear, not looking good here.
I really liked this post though from someone ‘I honestly can’t see this dropping further’
It’s suspended??! Made me smile though. Something definitely questionable going on and who ever is now not settling their purchases is probably having to explain to the FCA what’s going on. If it’s an ii then all will be well as they’ll get a gentle slap on the wrist and the FCA will probably help them sort it out and then re admit to trading.
Could be weeks off the trading floor.
AhS - I think you’ll find that needs to be voted on first. They’ve hinted at it but not a forgone conclusion. And if they have then we know it’s at .1p which give us a mcap of less than £1m. Someone somewhere is having a laugh with this stock.
‘ I wouldn’t mind seeing these suspended until then.’
Not sure this is ever coming out of suspension. If it was a minor matter it’d have been back trading today. Clearly there’s something more underhand afoot and I wonder if the FCA for once has got wind of something and actually done something about it ie investigating it. The authorities love to hate Musk and so if there’s anything untoward going on they’ll try and uncover it and nail it.
Ok mickey. Please explain why the mcap is actually less than £1m when you categorically state as fact the IP is worth and estimated £30m.
I look forward to your response as to how the market is undervaluing CPX by a factor of 30. Thanks
Loads of info being posted here but the only thing that matters is the sp is dropping consistently. It's now nearly 30% below the placing price and there is no news due on the EWT etc for months and months. What we have been told however is that they will need to raise further funds and so another placing is coming 100%. Only questions are: when, how much and at what discount? Will any existing share holders be offered the chance to partake? I doubt it very much.
Zak was probably pretty close with his .5/.75p option. No way is this climbing back up above the placing price. Not for another 6 months and even then it's a huge risk. Lorna and her team could well have got things slightly wrong and things might not work out for them the way they wish. Be careful here, be patient and wait for the sp to slip a good deal further before rolling your dice.
Swings and aroundabouts kiwitwo.
Roughly the same amount being sold/bought each day but the sp is slowly but surely sinking. It's just yet another AIM rotten egg.
Lucky8s - I've used the same approach a dozen times with numerous AIM companies and guess what...every single one ended up dropping to almost zero or going into admin. AEG is heading the same way.
there are 7 or 8 Directors here all taking a monthly salary, not to mention the other staff on the pay role and their income is negligible to zero. Mcap of £700k? There will either be a huge placing here in the next couple of weeks or it goes into admin - or is sold but I don't think anyone is interested.
If the sp suddenly starts to come to life then you can be sure someone is forward selling so don't be tempted to jump on board a train that is going down a blind alley.
If it's bought out it will be taken private. I'm 100% convinced of that. If they get to the point where sales cover their costs then why share all the profit with other share holders and take on all the faff that comes with being a listed company. I really hope that doesn't happen but AIM is so bad at the moment what with the Financial Authorities turning a blind eye to even the most obvious rip offs on AIM taking place on such a regular basis these days.
'm amazed this held up after what was a poor report.
Everything talked about is still due to happen but further down the track. The longer it goes on the easier it is for RF or other activist investors - I am 100% some ii has been shorting GDR all the way down from 30p. And don't bother to look at the tab above because in the vast majority of AIM cases this website doesn't report any shorting at all even though it is known to be happening.
For me. the first big question is when does this turn properly and when do I get back in. The second big question - and will impact what I do regarding Q1 - is when will some properly good news land.
Seems clear to me they are making progress on sales but not nearly enough yet to shift the dial on being self sufficient.
The only news that will help turn this around in the near future is FULL recommendation for AIHL so all of the NHS Neo natal units have to use the test. That means a guaranteed income of a few £m per year. This is the game changer. After this point, when sales will cover the company's annual costs and it no longer has to rely on outside funding things will look very different. Perhaps this is the point someone makes a move to buy out GDR?
Can GDR get to that magical moment before they are so desperate for funding that it either goes bust or has to pretty much give most of the company away in what would be for lths a catastrophic dilution? Who knows. As things stand it's tight but imho I think GDR is just the wrong side of that red line. It has suffered terribly from NHS delays and poor decisions from senior management. Luck and good timing are now in the lap of the gods for this outfit.
I might be wrong but I have a feeling the NICE news due in July for the CYP2C19 test will also require significant data gathering and so that is pretty much 18 months behind AIHL. I also now think the FDA partnership seems to be more based on this test rather than AIHL so even if this lands I'm not convinced this would provide the turning point investors need to be assured of success over the next few years.
Can GDR get to that magical moment
David Craven and Jean-Paul Rohan
Just beware if you see these names arriving on any new company info. I did post here ages ago that more than half the companies Craven has got involved with have gone to the wall so we were all aware he’s got a less than sparkling track record. If you have money in anything they’re involved with I’d advise people to think very carefully about whether or not to keep your money invested in it.