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I assumed data collection in the US must be well advanced by now anyway. My guess is once that's completed/and written up, they will submit the application.

Not sure where you got that from Bighammer. Perhaps one of the posters on here?

GDR explained it quite clearly in the past (when it was Budd), that testing would be required on US soil and it was going to be fairly expensive.

I think FDA always and always have require(d) evidence to be generated on US soil

No you wouldn't as they've just said they're proposing to do a placing.

Personally think the main problem here in short/medium term is going to be that GDR simply won't raise very much money in one go, so will have to keep coming back for more quite quickly.

" chinese sounding conversations going on around them"

Lol hilarious

It was clarified previously beyond any doubt that Peel Hunt were just acting as a market maker, so offloading the shares ASP. No idea why Roger keeps saying the opposite. On GDR's website, it tells you there's currently no big II holders.

Don't think it's a problem because Peel Hunt will just be buying as a market maker again, to offload the shares straightaway/ASP

Difficult to say. Obviously many will vote no or not bother if their holdings are now not worth very much. On the other hand, if you still had a meaningful amount invested you would probably vote yes as bankruptcy is logically a less attractive option.

They need 75% to pass the resolution

I get what Pete's saying. He didn't invest in GDR as a charitable donation. He was previously under the impression that GDR actually had investment prospects.

One idea Pete, you could sell your holding and donate the proceeds to a charity for death children.

Same thing occured to me Buster. I think they'll ignore though as it would probably open all kinds of issues if they tried to "regulate" this merry ship.

I can see this ending up being a "trading share" for years to come. I wouldn't say "investment".

Delboy's yellow 3 wheeler

£1m placing at 0.30p? That would be virtually useless for a firm with this kind of cash burn.

Quite a strange day of trading here. A fair few trades went through but with a wide spread. Would guess the mms don't feel very safe with this share at the moment - at least until the shareholders have voted in favour of the proposal to keep the lights on.

How much have you invested here EM?

I have the greatest respect for those circus clowns Gloria.

I think Jimi works at the circus. Cheers people up.

Thanks Lionel, that's great news you're voting yes.