We would love to hear your thoughts about our site and services, please take our survey here.
Personally Eureka is the only one on this Board that I would reflect on his comments. Reading his last message it is quite clear he is neither euphoric nor pessimistic about his conversation. Therefore the question remains do we trust the new CEO. Is he simply still getting his feet under the desk or not? In my opinion - and all points picked up by Eureka - the latest RNS was filled with schoolboy errors (why remind of a new capital raising - for example). I do continue to think this company offers a great product(s) but run by an unproven team to date. But that is what I see with other SMBs. Anyway if it carries on down and I have some divi money into my SIPP I might take another small punt - it is a long term investment - with the risk that it may go pop but the benefit in terms of societal value, of the products is what keeps me invested.
Well seem most investors have a better understanding of the nature of the RNS. It is a good news RNS, but undefined near term value. So price dropping - now I can buy at 9.49. This could drift down again to 7.5 - 8p and bump around that price until any news of a capital raise - and then drop further. I still think a good long term buy and the RNS is a positive for a string product - just have to be a little more patient and fine your buy-in points of value.
Yes orders have been received but not true orders as yet IMO:
"The initial orders will support genedrive's international distribution partners IN PROMOTION AND IN-COUNTRY EVALUATION activities in their respective countries, to provide more extensive access to this life-changing test."
I also hope better news coming as a LTH but IMO reading the RNS on non-UK sales, if you can call them sales, seem more related to promotional or data collection - so, for example, try for a period at a discounted price. Great initiative but I wouldn't expect the benefits of the RNS for another 8months or so - so I think we have longer to wait before institutional money flow in.
That's why it is good to have differing views.
Presume that they will go for more funding after NICE - so is marker anticpating this? Seems to be a next big positive event
so best to get funding now rather than drag it out or rely on drip revenue until any potential future bigger sales
19. How quickly will you start investing the cash and how long do you think it will take
to be fully invested in line with the new investment policy?
The Investment Manager is expecting to have new investments made as soon as possible,
based on custody openings in new markets. The hope is that the Company will be fully
invested by the end of December 2022.
https://am.jpmorgan.com/content/dam/jpm-am-aem/emea/gb/en/annual-general-meeting-and-general-class-meeting/jrs-frequently-asked-questions.pdf
TBH even if it was WWIII, it would have been quick, these useless Russians are young conscripts with no morals, no guts and crap weapons. NATO would have kicked their butts. Anyway on the share price - expect it will drift sideways a bit these as these cancelled flights cant help its bottom line recovery. d
coulda woulda shoulda sold out at 70p.....not worth selling out now...long hold
Will defintely trend to 18p
if true - about Fnnish development - compleete death nail for GDRs POC albeit a breath test must have limitations on identification compared to the high level of LAMP tests
Not sure that an RNS is coming. I expected sales by about now or end of this month - giving the firm time to evakuate and get budgets together. If nothing, then IMO the covid side of things can just be ignored and so any future profit is based on the other products.
Thanks - seems to suggest that institutional interest has died down and only small retail trades. Makes sense, unless GDR sell something, this share will sink until they get sales from one of their other products. I could have sold a week or so ago and made a tidy profit but held in there waiting for that RNS - may have been wrong to wait but i do think the product is good and their hearing loss test for babies is worth the wait. Guess that is what the risk is in investing in AIM stock.
So although not a self test ie need a professional, the results are in 7(+ve) and 17 or so minutes (-ve). It may be that the world does not change their existing systems but if you are in a GP/hospital or cruise liner/airport - a quick result that is several times more accurate than the lateral flow home kits and many hours faster than a PCR, is a good way to test quickly and efficiently but also give comfort to customers and safer onward journeys. That in essence is what you are making an investment on in terms of the POC. The company does of course have other products in or coming into the market over the next few months, and those are likley to generate a reasonable revenue stream. At the end of the say - they just need to stat selling to show that commercial enterprises think this way.
Think they are simply being prudent and taking a little profit....no harm in that! They have not sold out totally and still have skin in the game.
Totally agree - we just have to wait for the/an RNS - which i hope will come in a week or so.
I think you can have an RNS that is caveated ie subject to CE approval. What is laughable is "The word is.." unless there is something to back it up. Else it is simply a rhetorical word that is of little value or one of many on this board.
And just seen the Norway travel update. If the airports buy some to test on arrival - that would be great. but all just hopes...they have to sell it but the POC is a good product. I topped up bcos of the POC but then thought we had missed the boat....maybe not..but they have to sell these products for any reaction to the SP
Yes no sales agreed yet, but after the latest US entry news, i am still cup half full. GDR should also focus on the UK and not just the EU. As the US changes their entry requirements, the new POC could be a useful airport pre-entry test. The media does not specify if the US require a PCR test or something less. A PCR test within 24hrs is a significant hurdle to travel.
SP will only stay up (and shoot up) if there is an RNS order (even if subject to CE approval). No order in the next couple of weeks and this will tank again like a stone!