FAO: new investors and potential investors who are sitting on the fence!13 Mar 2023 21:07
In relative terms GDR has a limited amount of shares in the free float. This means that the SP rises sharply after any significant RNS News.
But, don't take my word for this - check the 3 year chart on this share for yourselves and do your own due diligence.
I'll give two examples out of many, as below:
Opening SP on the 28th Jan 2021 = 56p
RNS on same date: Distribution Agreement with Beckman Coulter
Closing SP on the 12th Feb 2021 = £1.48
Equating to a 164% increase..............................................................
Opening SP on the 8th Dec 2021 = 47.5p
RNS on same date: CE-IVD Certification of Point-of-Care Kit
Closing SP on the 9th Dec 2021 = 70p
Equating to a 49% increase.....................................................
I'll leave everyone to make there own minds up - i know i topped up today (would have done so earlier only i was waiting for funds to clear). Also, this will be the first time GDR has achieved FULL NICE accreditation - unchartered territory, even from the rises above.
GLA.
Stephen11.