Genedrive Share Discussion Threads

[indiangod] 18/10/2024 21:53

Down down down to 1.2p

[eggbaconandbubble] 18/10/2024 19:14

Off to the races on Monday?

[hazl] 18/10/2024 19:06

A blue finish. Excellent.

[batiatus] 18/10/2024 16:19

Last minute Friday buys in hope for Monday 7.00 RNS

If no RNS, massive dump of shares first thing in the morning.

[clem h fandango] 18/10/2024 10:36

For the negatoids - if they had focussed their efforts on trading the 1.8p to 3p range this last few weeks, they could have made a few hundred percent profit.Really strange behaviour

[billthebank] 18/10/2024 10:31

Dont stir it up.Adds nothing here

[batiatus] 18/10/2024 09:16

Naive punters getting sucked in as usual.

Nothing to justify the rise. Next news are days away.

The drop will continue until then?

Then again, next news isn't guaranteed to be positive one.

FDA were never guaranteed.

[billthebank] 18/10/2024 07:57

Anyone have any info re the NHS Scotland delay to the end of the month? Found it.

[ries] 18/10/2024 07:25

Just added a few :)

[minja19] 18/10/2024 07:22

Ditto eb&b
When BA and team arrived in the summer, filtered the lot and started accumulating more.
.. and so refreshing to see all those “never before seen usernames” dropping in with their b’advice
Chart showing signs of life and some serious buyers over the last week

[bones698] 18/10/2024 07:13

3v1 and a jump to 2.8 level 2

[eggbaconandbubble] 18/10/2024 06:36

It makes me chuckle to log onto this board and read that there are 13 hidden posts - peeps that I have filtered!
Certainly a good indicator of the amount of dross posted!!!

[bones698] 17/10/2024 22:27

Lawson agree clear the dead wood and traders and start to move as the end of the month approaches leading upto the news we expect .

[hazl] 17/10/2024 18:29

Plenty of news to look forward to, it seems.

Bring it on!

[batiatus] 17/10/2024 16:42

The drop well deserved.

Highly speculative stock.

There won't be any orders until the products are certified.

FDA not guaranteed.

[hazl] 17/10/2024 14:38

Tick tock tick tock.

[hazl] 17/10/2024 13:18

3OTH October....not long to wait.

[lawson27] 17/10/2024 12:37

Would like to see it moving higher, but very happy to see consolidation at this level , before the next leg up through 3. GLA

[batiatus] 17/10/2024 11:20

Fact check:

GDR is not making any profit.

GDR annual expense is £4.8million
£400K monthly cash burn, due to increase to £600K month in 2025

GDR to date have only managed £100K worth of sales.
This equates to 1,250 units sold using £80 price mark.
It means that GDR will need to sell 60,000 units just to break even.
It has taken GDR 9 months to sell 1,250 units.

Cash in the GDR bank will last to approximately June 2025.
The rampers will tell you £5 million raised (this is their catch line) but the £5 million raised was in May 2024.

GDR will have used another £1.6 million minimum since then. That means in the GDR bank there isn't £5 million.

GDR is in a dire situation. They are racing against time to achieve more sales, before the money runs out.

[hazl] 17/10/2024 11:01

we have had sales since 2023 so sister thread 'evidence' clearly woolly!

'Genedrive PLC - Manchester, England-based molecular diagnostics company - Says initial orders of its MT-RNR1 products from France, Austria, the Netherlands, Greece, Saudi Arabia and Turkey have been received. News follows confirmation that commercial distribution agreements were signed in multiple countries for Genedrive's test for antibiotic induced hearing loss. Genedrive says these initial orders will support its international distribution partners in promotion and in-country evaluation activities in their respective countries. Hopes this will "provide more extensive access to this life-changing test.'