You're right wadogara - cheap as chips atm31 Jul 2024 11:28
MAKE THE MMs work - this share has been manipulated for months. DON'T give away your shares cheaply.
Find out why below:
I've seen a few people ask why they should invest in GDR.
Here's a summary of why I've been here for 4 years and why i believe the transformational news on Wed will only be the tip of the iceberg.
---CYP2C19 - ID Kit---
- JC states at the last investormeetcompany presentation that there is no reason why the CYP2C19 test will not get full recommendation in July....AND HE WAS RIGHT!!!!
- The world market is worth over £200m per annum
- UK Market £8.5m/ EU £93.5m/ US £67.5m/ RoW £51m
- CE-IVD marking in application process to open the European market
- Some interested parties want to use the CYP2C19 test on a research only basis around Europe
- Stroke incidence on the increase around the UK and predicted to increase by 60% between 2015 and 2035 (due to obesity and ageing population)
- The turnaround time for the labs is 2 days at the earliest - NICE says the test is time critical and must be done much earlier, as stroke patients are at risk off another stroke at this time
---MTRNR-1 AHIL (Antibiotic Induced Hearing Loss) ---
- Approximately 100 thousand UK neo-natal admissions per year (GDRs potential market)
- Market valued at +£100m worldwide
- UK 8.5m/ EU £46m/ US £34m/ RoW £13.75m
- Already has the CE-IVD cert to sell in EU, Europe, and the world
- EVA evidence generation in place to help achieve full NICE accreditation
- Specialist commissioning is scheduled for April 2025 - though GDR are campaigning for this to happen sooner
£5m cash in the bank and a revenue of at least £8.5m a year starting in August/September 2024
An MCAP of £22.27m - massively undervalued when you consider that GDR are on the cusp of real commercial traction.
GLA.
Stephen11.