Member Info for ThePunter1

"The increase to £3 was on the who approval of the HepC test "

Why then has the share price dropped 60% since? the HepC test still exists right? And dont try and say it was the placing, becuase that was a dilution of 23%.

If you think nothing Covid related is priced in to the current SP you are extremely naive.

"flying now"

Sad state of affairs when a 4p rise on the day is considered flying.

Oh come off it. Do you really think the share price shot up from 10pence to 300p and settled at 110p on those things?

"No punter it was as nearly all diagnostic companies before covid hugely under valued."

If that were true then why have only those working on coronavirus tests risen in value?
Look through the charts yourself

https://aim-watch.com/sectors/pharma-biotechnology/

"I dont think anything is priced in at our current level"

Utter drivel. GDR is trading about 100p higher than pre coronavirus. There is a LOT priced in already.

Wonder how many people are now spiked on ODX without reading the RNS

"...worth remembering the GHIF/Bill Gates connections here people."

Whats that got to do with the price of cheese? Its a foundation that uses his name. It will not fast track GDR approvals or guarantee sales.

"The scenario for one of them was that he and his business partner had plenty of capital between them to get momentum behind the company and they have never needed external investment."

But their capital is monetary investment.

"Not all companies need monetary investment which is the type of investment we are referring to."

Name one and I will prove you wrong.

"Many companies need investment to make money and if you should only invest in companies that make money then they would never get off the ground."

Hate to be pedantic, but ALL companies need investment of some form to make money.

PricewaterhouseCoopers, Deloitte, Clarks, John Lewis, Matalan, JCB, Arcadia, Specsavers all examples of private companies. Many of which have over 10,000 people working from them some of which generate billions in revenue a year. A private listing is not a precursor to success. Indeed many companies list on the aim because they are unable to obtain private investors. If your product is good enough you dont need a public listing, you can take the route of securing private investment.

I am NOT saying to never invest in companies unless they are making money. What I AM saying is just be mindful that you are investing in potential. GDR has a £60m market cap because it has new found potential for making millions on the back of coronavirus. Look at the market cap before the Coronavirus outbreak it was a few million pounds because there was not this great potential sitting in front of it. But to say its currently valued at £60m on anything other than potential seems folly.

"No one does though. If you valued most AIM companies based solely on profit then no one would ever invest in AIM. Some of the biggest companies out there would never have existed. Some of the most useful products/services would never have reached the market."

How do you work that out?

"punter, if you are talking about ftse companies then of course. but aim high growth companies, no, you don't value by accounts at all."

No, you probably dont.

"Well done punter, you are beginning to get it. This isn't a company that you look at accounts to value!"

EVERY company should be valued on their accounts and more importantly profit. The fact most here dont doesnt make it correct.

"Because the current share price undervalues GDR. It dropped on the back of the placing and ii's balancing. It is oversold and should now rerate back to a level more in keeping with potential. This share does not need news to rise now."

The most recent unaudited accounts show a circa £3,000,000 loss for the previous 6 months. With that in mind do you care to explain how a £60million market cap makes GDR undervalued?

Make no mistake, the vast majority of the current share price and market cap is due to the companies potential.

Interestingly the bought value is £175k and sold value £218k. So anybody suggesting a leak can remove that thought from their head.

I never implied anything. Just think its currently way overvalued.

With zero sales I think GDR is about right and AVCT is well overhyped.

Wow, thats some confidence right there. And legit proof too. Unlike our resident I have £200,000k invested and 10 houses member.

Why buy in 1t 113p when you could have added at 106p all morning? Nothing has changed? Thats probably even worse than topping up on good news.

Near textbook double bottom formed on June 16th and 30th, gives Demi Rose a run for her money. Not sure if that is any relevance for a stock like this just thought I would mention it.