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But personally think near term uplift for shareholders could only be if someone made an offer to buy the company. However, if they were able to do a traditional fund raise, it could then become a buy if funding then in place to run through to break even point.
i doubt that's an ongoing problem. to me, more likely to be some kind of **** up by a logistics company.
Looks to me like still a bit of an overhang left to clear...
Would be interested if anyone can post an analyst note/report on this stock as well
Lol MIK, I think you're a bit confused. Adds a bit of comedy into the mix though.
Should we be buying more at just 18.5p?
It would be progress if GDR were able to get another proper placing sorted again (rather than more death spiral)
"Promised work" ??
It a bit like estate agent speak in my view.
Yes, he says he has 100% clarity it's going to happen but it's not his decision whether it does. He does also say he'll be doing everything he can to make it happen though with folks who will be making the decision at NHS England post public consultation. lol
I was looking at it yesterday. Main takeaway for me was that they were saying tough fund raising environment but they'd still managed to raise double-digit xx millions at market share price (no discount). That was quite recent as well, at 26p. Makes me think this could be a bargain now. But it difficult to have the balls to keep putting more in when it keeps dropping! Hopefully will stabilise/start to rise a bit now.
I'm surprised by the amount of buys currently going in given the lack of clarity/visibility here. They might even be able to announce another drawdown in early March. But if that's the only news by then, obviously that will end up whacking the share price even more as RF keep bringing their wares to the market.
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.