The future is bright!22 Jul 2024 20:33
It can be quite difficult to get your head around the impact of dilution.
Basically, prior to the fund raise we had 153m shares on issue, compared to 543.14m now. This means we have a multiple of 3.55 more shares on issue at present.
What does this mean in terms of the "OLD" and "NEW" SP.
£2.00 in old money would now be an SP of 56p now
£1.00 = 28p
50p = 14.29p
25p = 7p
20p = 5.63p
10p = 2.82p
5p = 1.41p
So, for me, 15p is more than doable this year. We previously hit £2.00 on the rumour of sales for the Covid test, but those were crazy, when you consider Novacyt went from a few pence to over £10.00.
Why wouldn't we get the full NICE accreditation for the stroke assay - how much more evidence do they need?
The test distinguishes individuals who would have an adverse reaction from clopidogrel, and allows for the administration of a more appropriate drug, in a timely manner.
Whats not to like or be excited about GDR having a regular income stream from July?
GLA.
Stephen11.