Member Info for stocksaint

Well I've often thought GDR would have been in a much better position with funding and even sales if it was based in the USA.

A big reason for companies making acquisitions is to grow their revenue. GDR has virtually no revenue and not certain it ever will achieve significant revenue. Chances of a takeover at the moment must be close to 0%.

You seem very desperate EMC!

Kaeren asked what they would make from some trial. Answer is absolute peanuts. (If they had sold a significant quantity of anything that would see them make more than a few hundred grand in revenue you would definitely get an RNS.)

This will slump in December when the results (bound to be delayed again) are announced.

Probably much less than £100k....

0.7p

If there is news in that RNS EMC, it must be bad as share price is down 3%.

EM, what was the "news" exactly??

You hardly an investor. You jumped in 5 minutes ago cause you saw this RNS. lol

It looks like a no news RNS. Same stuff that was published last week. GDR must be feeling desperate.

Lol, I think now all the pump and dumpers have disappeared there's hardly anyone reading this board.

I not invested at the moment. Made some overall profit on this in the past, but not much.

Well done though! I guessed you'd completely lost your shirt as you've been ramping this non-stop since it was about 4p.

I may reinvest post results if there's a big drop (as there usually is), we'll see, but more likely that will be after the next fundraise.

EC, what's your average here and how much are you down on paper now?

Rodney,

I think they are allowed to delay results into December if they want to. My guess is this will easily hit 1p post results as it will be no sales (again!) and some limited, vague talk about raising funds next year.

Https://www.bioworld.com/articles/713460-redx-pharmas-rxc-008-suppresses-fibrosis-in-preclinical-ibd?v=preview

https://www.redxpharma.com/wp-content/uploads/2024/10/RXC008-UEG-2024-talk_redacted.pdf

EC, Other companies I've followed have had to jump through more hoops in the USA after FDA before they actually sell in meaningful quantities. i.e acceptance by Medicare and insurers.

"This isn't a pump and dump"

lol

Ok Gloria, we'll see if your crystal ball is any better than Lionel's (who was telling everyone news was coming by end of September).

Define "soon" Gloria. In six months from now when they virtually out of money again?

You're best bet JB is to wait for a silly spike and get out. If it drops to about 1.5p you might get one as traders might jump in.