Member Info for stephen11

I remember a poster by the name of punit (might have spelt that incorrectly) had an average of around £2.00 - I wonder if he/she is still around?

Makes any average from 5p to 15p look respectable 😊.

I’m badly underwater aswell Joey, although I think this is the best chance of at least breaking even again or making a small profit - got to stay optimistic 😊

Why are you interested in GDR and still posting then Joey - if this is such a dog - just curious!?

Was showing 15%+ on HL a couple of minutes ago!

Great start to the day.

GLA.

Stephen11.

Wouldn’t it be NICE to buy into a company for 1.5p that will have 8m in the bank, giving them a 1.5 year cash runway and a natural revenue stream from July 🤩.

Oooh wait - I am in that company 😃.

Apologies - I might of mixed up the tests in my early morning excitement.

A senior moment - what I’m saying is - this shows great revenue potential 😃.

Let’s put this in context .

I’d call this a taster of what is to come.

If 5 new sites gives you an order of £100,000 think what revenue we could receive when this is rolled out nationwide? Remember, through the DEVOTE program and the work of are partners in Manchester University we are gathering data to support full NICE adoption.

And there’s more………..

The CYPC19 is also receiving full NICE accreditation in the UK on the 10th July 2024. That means full adoption in the UK - the NHS are obliged to use the test - it’s there own rules.

1.5p is starting to look like the bargain of the year 💰💰💰💰

GLA.

A happy 😃 Stephen11.

Around what date can we expect the resource upgrade?

I got in first before the Mali coup/civil unrest and have been buying the dips since then - waiting for some cash to clear late May/early June to up my stake.

All the best,

Stephen11.

I’d be very happy 😃 if it goes to 2.85 in the next couple of weeks

Predicts we are on a rising trend channel - at least 1.85 + in the next couple of weeks ⬆️⬆️⬆️😊😊😊.

Good, bad, or indifferent Joey it’s my investment and my call. It’s my best chance to recoup a significant lose - in my humble opinion 😊

The deadline for HL is 12 on Friday the 24th.

I’ve applied for my full allocation in my ISA and normal trading account - rightly or wrongly - only time will tell! 😊.

GLA.

Stephen11.

Ps…remember to vote…it’s your right as a shareholder…votes will probably close on the same date your broker closes the open offer.

I was thinking the start of Q3 which would be July.

Do we have any news to look forward to before then?

GLA.

Stephen11.

This news will open up sales in the European market in early 2025.

In context, CE-IVD certification is a proof of compliance with current regulations and standards. It is required for commercialization in vitro diagnostics (IVD) devices in Europe.

And......i loved the nod to NICE being on track for the 10th July:

"The UK's National Institute for Health and Care Excellence ("NICE") has recommended in draft guidance, that the Genedrive® CYP2C19-ID test should be used as the point-of-care test of choice in the NHS before clopidogrel administration in the management of IS and TIA patients (https://www.nice.org.uk/guidance/indevelopment/gid-dg10054/documents). The draft guidance is expected to be finalised on 10 July 2024."

Great News!

GLA.

Stephen11

Key CYP2C19-ID test performance milestone achieved

genedrive plc (AIM: GDR), the point of care pharmacogenetic testing company, is pleased to announce that a key milestone has been met in The Development and Validation of Technology for Time Critical Genomic Testing ("DEVOTE") programme for its CYP2C19-ID kit. The programme has now passed the patient numbers required for a subsequent submission for an in vitro diagnostics CE certification ("CE-IVD"), which is still anticipated in early 2025.

GLA.

Stephen11.

With a current Mcap of 2.82m and the potential of a cash injection of between 6 and 8m when the placing is successful, has anyone got any thoughts on were the SP might land the day after the placing, taking the dilution into consideration?

Would be particularly interested to hear from those who have participated in a heavily discounted placing in the past?

The anticipation of NICE on the 10th July should also see a gradual increase in the SP as will news of American partners for FDA submission.

GLA.

Stephen11.

Especially if you are buying on the open market.

No worries Rowbot,

It's just that with the mcap at £2.82m today 3% of the company is only £84,600 so if you are planning to take another £100, 000 you will probably break the TR1 threshold.

GLA.

Stephen11.

That’s quite a large proportion of the company you claim to own Rowbot - you must have passed the 3% threshold - I’m surprised 😳 you have never triggered a TR1.

Anyways, best of luck,

Stephen11.

Great post Basil and Brighty,

Let’s not forget that James Cheek also said that the i’s are being dotted and the t’s crossed with an American distribution partner to help with FDA submission for the MTRNR-1 and the CYP2C-19.

Those who have been here for over 4 years know what the terms ‘FDA’ and ‘America’ do to the sp after being in a RNS. That’s were the big bucks are.

I’m currently checking behind the sofa and in my wife’s knicker drawer for any spare change to get as many as these little beauties I can at 1.5p 🤣.

GLA.

Stephen11.