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Looking at where the MM are positioning the Bid and Ask currently it most likely a few larger background orders being filled. That's quite a spread which is going to be off putting for some. Just have patience we are 2 hours into the trading day, there has been excellent news released with more to come on finalisation of the farm out deal. The problem here is too many people are far to impatient. This is a great price now as the weeks ahead follow people will look back and have wished they had bought in now.
This will rerate now over the coming weeks. Today's price is a good price to be in at just don't expect it to race up in a day but over next few weeks this has 2p as a realistic target. Today you will get sellers who were in at .6 etc and can take a nice profit and fair play to them. The shareprice is sitting nicely, just give it a bit of time.
Just bought and its showing as a sell.
How funny if I directly accuse the city of their tricks in a post on here my post gets deleted.
It's the same pattern all over aim. Companies release good news, loads of trades go through with hardly any rise, then the days follows with the slide down on far fewer trades. Its slides for a bit, people become negative then out of the blue it rises sharply for no reason at all. Then rinse and repeat. The city always wins, it's a miracle that pi last as long as they do as this isnt a fair game by any stretch of the imagination...
The 1 trade has appeared, as we know some say that's the indicator of an RNS lodged..
MM taking advantage of the pi's as per usual.
10:12am the magical 1 share bought which many believe is the indicator that an RNS has been put into the system. Whether you believe it or not there does seem to be RNS usually a day or two later when you see the good old 1 share buy...
Is probably what is going on here today, expect it at some point today, tomorrow, whenever to suddenly rebound up so the pi's have to pay more to buy.... It would also help though if some sales orders were to come out and I wouldn't be surprised if that gates foundation is selling at the moment.
I've seen this happen on a number of shares over the years, there is no explanation for this type of activity. If it were true free open market then today this should be shooting up if this were all buys but the city always wins and no doubt something is going on which once again the little p.i' will bare the brunt of. There are days the prices rises 20% on 20 trades and there are days like today where all apparent sells and the price does nothing. If anything it demonstrates how 'fair' the stock market is to the pi.
It's not just GDR that are failing to deliver orders, I also have a play in ODX and AVCT, non of them are producing orders, that is what will get the shareprice moving north. AVCT has a long way to go, ODX should be very soon, just not sure about GDR as the CEO has failed to deliver any sales since his promise by the end of June. Now we are basically saying well by christmas something should turn up. Today's GDR RNS was informational but shows they are no nearer demonstrating that sales order are going to appear in the short term.
bigbench, if you are so sure, are you privy to insider information. ...
Now now bigbench that is just simple ramping from you. You have no facts to back up that claim, it is just what you want to happen.
Philjpo, yes I have changed view, that post was from May, everything was looking good. CE approval done, indication from CEO of first sales in June, yet here we are towards end of september still hoping to see some sales at some point and now relying on yet another company to hopefully get things moving along. The fact people are starting to hope the POC test will get things moving shows how little GDR have moved on since May. Lots of promise but no delivery in sales says everything and it is fact. I had high hopes for GDR in May, now I just hold profit for a free run but my expectations for GDR have been reduced. I hope they prove me wrong but evidence is suggesting they are not one of the major players or at this point even a minor player.
bigbench, the intraday RNS do not hold up to fact. There are very few intraday RNS from GDR with significant news. I get you are heavily invested in GDR but the reality is they have had a viable test for months now and no sales have come from it. That is the reality. Also to be fair Bigbench, when the share price was down in the 60's where were you then, you were no where to be seen until the shareprice started to approach the placing price. The reality is that GDR are not performing given they have a test available which is suppose to be a gold standard test and they can't see any while the world is in the grip of this worldwide pandemic... things just don't add up...
With no news this will head back down below £1 again, there is nothing to support it at this current level as the last few months has demonstrated. They have had the CE approval since May and have sold nothing. India doesn't seem to want to buy any british tests, GDR or otherwise, the FDA seem to focus on american owned companies, no surprise there. There are new tests being developed which will supersede GDR current test. So currently where are all these sales going to come from, UK Government not interested, Europe are not interested, that is fact as there has been more than enough time for order to come in and be reported to the market. So that leaves Africa market which is a difficult market.
gell you estimate means nothing, you have no actual knowledge of what is happening with orders, you are simply guessing what you want it to be like a lot of people on here. Until an actual order comes out and the RNS is released then the share price is where it is at and it deserves to be here. I know lots of people on here think this is all going to be perfect but that isn't the real world and this constant belief that huge orders are going to come is at best hopeful and at worst desperate. In the last few months there are plenty of covid stocks all having the same view on the bb, things are going to be amazing blah blah, only SNG have had real success and NCYT were in early, every other covid stock has not produced up to now and the dates that news is going to be released always seems to be next month, then the month after that and everyone believes its all going to be great because there are going to be massive orders. The reality is very few are actually seriously doing anything of note. I hold ODX and other covid stocks so for those who will say this is a deramp, or want to try and get cheap stocks blah blah , no it's just an observation of the reality of the situation.
Week after week people keep saying this is the week here come the big announcements. Guess what those announcements never arrive. I've seem this over a number of covid stocks over the last few months, blind unjustified optimism misplaced. There should have been announcements already in august and September but they have yet to arrived. Just put odx in your bottom draw and come back in the new year and see if this has paid off.
Ok so they have announced 3 millions with antibodies, so where have all these millions of tests come from for antibodies or is it a mathematical model based on a much smaller sample size. If the government is able to get hold of 3 million antibody tests then where does this leave ODX as it seems the UK Government have other sources for antibody testing....
Bekind- you are ramping, you have no idea if the shareprice will be at 200 in a months time. You have no idea about the orders situation, you are just guessing like everyone else on here. Until rns confirming orders the company hasnt got orders..