RE: AVCT BoD Quality - GDR Dissapointing5 May 2020 10:48
I agree, but to be honest these are very unusual times and the meteoric rise of the SP at GDR really caught them out, I imagine advise had to be sought before releasing the placing RNS as a result of yesterday's performance.
I also hold at GDR, no where near what I hold here, but I will continue to hold. I don't look forward to the same "vote no, SP will drop when the shares hit the market, board are rubbish" type banter over on the GDR board for the next few weeks. It wasn't fun here and will be painful.
That said, there is still mileage in GDR, in fact more so than ever now there has been a correction. Like with AVCT that placing will be priced in on announcement, depsite what the derampers will say.
I will be selling my GDR position once this bump is out of the way and investing it in AVCT, far better prospects and a much more 'mature' go to market position.