Next placing 1p? |
(b)anker Hazl still at it.
There is a long way to drop
The FDA won't be approved until next year earliest
Meanwhile, these guys have not income |
Is the rise in the room with us? |
Good to see a rise here again.
Well done Socionomics for holding the fort. |
I'll pop your comments on X bones and see if the Co. responds. |
In fact it's virtually a mirror |
You could be talking about both your long positions APTA and AGL Why you hold them ?? |
 So 1m isn't going to last them long at all we now that . So it's either another placing later this year or something else . I can only find Two real options that fit logically here now . If there is no good news to come then why not do the big placing now and get it out the way even at 1p or under . Do they think good news is coming that will lift the share price to allow a raise at a better price . ? What news could it be ,the only news that would cause a decent spike is FDA approval but how much and for how long is anyone's guess .
The revenues have not increased much and that's the big problem . The time it takes to get a few hospitals online is simply to long while they make heavy losses .
Either way it doesn't look a good bet at present and I don't believe the Fda news is that close or even guaranteed . They have a nasty habit of finding something that's not upto speed and so dealing approval .
The tech works but getting enough revenue to break even still several years away imo and so more funding is needed several times which will wipe out any good news until break even gets near .
Good luck tried to warn people a fund raise was coming as I did last time but sole still sot listen |
Even at 1p the share price is over valued.
These guys needs to prove up their kits can sell first
Imho |
kingston78
1 Nov '24 - 08:19 - 9796 of 10551
Anyone could call at 1.5 p to have been the bottom. ZICO was losing money and he was having a nightmare until the share price recovered. Now the company's cash resource is burning. It will raise more money in March 2025 before the share price crash to 1.5 p again. |
kingston78
1 Nov '24 - 10:40 - 9804 of 10550
The NHS has no spare money to buy essential equipment, let alone investing in new things. They spread their resources too thinly. Everyone can see this. GDR will run out of money by May 2025 and raise further funds by March 2025, at a significant discount to the current share price. The management has not secured any meaningful sales orders. This is a lost cause. It is no good owing a wonderful product if there are few buyers. No business can survive in such a situation. |
Almost like you knew Kingston. Further investigation required. |
kingston78
21 Nov '24 - 11:46 - 9992 of 10548
The £500k income less cost of sales does not even pay for directors' remuneration. Discounted placing will occur in March 2025. |
kingston78
22 Nov '24 - 10:40 - 10014 of 10547
There will be a discounted placing at 1.5 p in March 2025. Mark my words! |
kingston78
27 Nov '24 - 13:39 - 10069 of 10546
No business can survive when its expenditure exceeds income, especially if the deficit is significant. Banks are not interested in lending to them, so they will resort to their shareholders for more money. Just look at Aston Martin, which has sunk billions, but somehow their major shareholders are supporting it with another £220 million of new equity. Unfortunately, GDR is not in the same league as Aston Martin, so it may be able to muster a placing of £1 million at a discounted price of 1.5 p. The writing is on the wall, but some investors will not admit it. |
kingston78
29 Nov '24 - 11:04 - 10140 of 10545
Some companies invent or produce something wonderful but at the wrong time in the wrong place. Often they fail, and the successor picking up the invention becomes successful because their timing is right. |
kingston78
2 Dec '24 - 21:03 - 10196 of 10544
Death and taxes are certain, but there is a new certainty that GDR will have to raise funds to keep the light on next year. The share price will soon fall below 1.5 p, the previous placing price. |
Let's not forget the wage bill here A true Manx cash cow for the few ! |
The 1m plus a bit from some retail investors won't last long and is just to keep them going until a much bigger placing arrives imo probably left it late and got stung at what was being offered by the money men . For 5m I'd expect a 60-70% discount as that's been common for the last few years . Markets are awful for raising capital .
Gino probably didn't like that but will have to bite the bullet sooner or later this year probably in the next 3 months now . News isn't going to help as far as revenues goes as it's a slow burner . FDA might help lift the share price for a raise but that's some time off still . Only that is likely to save a dillutive fund raise and it isn't guaranteed but that's about the size of it .
Maybe it's close hence the small raise to get to the point they can announce that . It's a gamble on that basis |
Socionomics,
"Are you stating the next raise as fact John Henry?"
GDR have consistently burnt about £4m to £5m a year for the last few years. The interim accounts that they've just published:
Show that they burnt £3.1m in H1 alone and only had £2.1m of cash at the end of December.
Surely everybody in the UK above primary school age can do the sums and see that they'll need to raise cash again before the end of the calendar year?
JakNife |
Are you stating the next raise as fact John Henry? |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
