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Wondered has anyone seen a brokers's note/analyst write-up on Redx recently?

Perhaps tests are transported from somewhere hot to the UK?

I don't think anything to do with NICE anyway. It seemed to be a notification from GDR to the UK MRHA?, so if that's the case is to do with something that transpired in Manchester or Brighton, as bizarre as it sounds?

Lol, a technical bounce with no trades...

I don't think it's serious at all. And only 2 lots affected. Agree that seems odd you would get that temperature (even inside a hospital in a hot country given air conditioning!). To me, the far greater questions on GDR at the moment are about funding and wider strategy etc.

Interesting moniman/bobat,

Redx is a strange share. Very low daily volumes but quite big II involvement and also good stuff going on. I'm thinking this will suddenly start going up when we least expect it. Reminds me a bit of Creo Medical is you unexplained rises and falls due to low liquidity/ daily trading volumes.

RP.

It's just loads of shares on AIM get forward sold prior to placing. Happens all the time. No way of knowing for sure if that's been going on in this case or not. Would say buying volume seems strong, so I'm not too worried.

The main thing holding this back is volume in my view. Once the II has finished selling, this should move up quite quickly. Maybe even to 40p.

Deerhunter,

I'm keeping an eye on it. Thought they would have announced some sort of corporate action for funding strategy to get FDA done by now, but apparently, it's any time until the end of March when this could be unveiled. That's where it could get interesting quite quickly, USA. So if something moves on that side of things, I might reinvest again.

I make current cash position either £900k if they've not received the tax credit, or £1.7m if they've already had it.

GDR didn't even know exactly when Gloria. They may have received it by now anyway. It's not an RNSable event.

Agreed Blubay,

My guess is already forward sold.

I think this is why Burford wanted the case to be heard in Texas. But the other side managed to get it moved.

To me whether Burford share price makes big progress from current point, is mainly about YPF anyway. For that reason, I recently decided to sell out of quite a large position in Burford as the buzz on that side of things seemed to have died down. Will watch and may re-enter if I see cheep entry point. I know I risk losing big gains if something is suddenly announced RE Argentina out of the blue. We'll see.

Mozax,

I had more than a stiff foot about a month ago. I ended up at A&E walk in cause it had swelled to nearly twice it's normal size due to infection! (so now I'm trying to keep my feet in better condition, so that doesn't happen again.)

Lol, I was Bucolic. You should go into Boots and have a look. If it's the same set up as mine, it's all kept behind the counter near where the pharmacist is. I'm guessing that's because there's an age restriction??

Just saw the product in my local Boots. In very prominent position behind medicines counter next to Viagra. (I was in there to get foot cream, then I realised I was in the wrong part of the store.)

I just picked up another £10k at 38p. The ask price was 44p this morning, but I wasn't going to pay that much today!

"the Group remains on track to reach cash flow break even as planned, with the Company well positioned to meet its stated growth ambitions."

Thought this might rise today given the bit about breaking even. Anyone?

If it's 0.3p by August, these share options at 6p will look like a proper incentive to do well. lol

Thanks for tip