Genedrive Share Discussion Threads

[georgie pie] 16/4/2020 08:07

A profit is a profit fair doos, I'm staying put until £ is breached.... in a few weeks ;-0

[insideryou] 16/4/2020 08:00

Took 5k profit off the table.. Will let the rest at 38p ride.

[mostro] 16/4/2020 07:47

Another few thousand under 60p, thank you!!!!!

[jonny_wright] 16/4/2020 07:46

Up she comes! Nice chance to buy this morning

[1liam] 16/4/2020 07:15

Top up time

[tickboo] 16/4/2020 06:21

In reply to chickendinner spamming the NCYT board with numbers posts -Genedrive is releasing 2 tests, the first as announced end of March they'd started development and it should be ready end of May and that requires equipment much like NCYT's. NCYt is selling out, is only one of two tests with WHO validation. They're also making a faster test with no reagents for May which ties in with Uninof Cambridge, AZN and is doing 30,000 tests a day so 1m a month.For me and many others I imagine the second test GDR is the most interesting but how long will this take to be released as I assume they haven't started (read the RNS) and this will take longer than the first. If this is released after AVCT they'll lose market share given the simplicity of that product and the user can use on their own at home unlike GDR's which needs administering. Plus AVCT has a multi billion pound partner which GDR doesn't. That said if this carries on and a second wave comes demand will be there but if there's a cheaper and simpler alternative that can be mass produced it might be too late. From the RNS A second test will also be developed by the Company where it will adapt its formulations to run on the Genedrive(R) instrument platform to provide a rapid point-of-care SARS-COV-2 test to allow testing outside of the main hospital environment in places such as clinics, intensive care units, or where rapid and accurate testing for SARS-COV-2 might be required. The rationale for the two-stage development is that the testing, logistics, validation, and trial work to provide testing on a turnkey instrument system like Genedrive(R) takes additional time compared to an agnostic assay format.

[georgie pie] 16/4/2020 06:02

I think the Germans have the right idea extending lockdown... With Italy & Spain looking to relax rules I'd say they are inline for a 2nd wave of this unfortunately.
Testing and isolating are the only ways to kill this off IMHO

[zuludave77] 15/4/2020 23:11

No guarantee on Genedrives or Avacta meeting their timescales. I think both will as unlike NCYT, they have a helping hand from the UK government. Plenty market share for both if UK government don't buy their tests then there will be plenty other global buyers. Germany has a different strategy to UK, France, Italy and Spain. Germany may get a second wave but they are hunting this down with testing and the other big European countries are taking this on the very sore chin. The NHS is short of PPE, the world is short of tests. It's time for these companies to deliver for long suffering shareholders and to save people's lives and take the fight to this wee simple beastie

[chickndinner] 15/4/2020 21:24

GDR is going to be massive. Nothing out there comes close. DYOR..

[czar] 15/4/2020 11:36

EVG could be the next one to 10 bag

[georgie pie] 15/4/2020 10:18

And when they do il be waiting at £1.50 for them

[qs99] 15/4/2020 09:52

think they will need to update sometime in the next week or so IMO....

[georgie pie] 15/4/2020 09:49

My guess is update early next week saying test ready in 2-3 weeks.

[dovey21] 15/4/2020 09:38

..Make that 8 K higher

[dovey21] 15/4/2020 09:37

I took out my initial investment value last Thursday at 40p. I've still got a good holding here and essentially free. My returns would have been 4K higher than they are today had I not top sliced. We live..we learn. :-)..I'm still happy.

[mostro] 15/4/2020 09:29

Added at .699 !!!

[qs99] 15/4/2020 09:20

good points GP thanks.....glad to be positioned ahead of the upcoming RNS's likely in 4-5 weeks about their progress.....DYOR

[georgie pie] 15/4/2020 09:01

That's why I think the original 8 week timeline will be reduced.. im sure all resources will be re directed to this kit under same UPHS directive.

[lithological heterogeneities] 15/4/2020 08:51

SNG announced yesterday that their Covid-19 inhaled interferon trial has been upgraded to an "Urgent Public Health study" by UK National Institute for Health Research (NIHR).

[georgie pie] 15/4/2020 08:46

punters paying over offer, tick up coming I feel

[georgie pie] 15/4/2020 08:24

83p will be breached again all the way to 90 is my guess, the original 8 week timeline was from 25th March so 3 weeks already gone and id say a week or slightly more will be shaved off the timline due to pressure to get this test kit to market. What is fair value here? depends who you ask but current Mcap even with current rise is low.. £1.50 -£2.00 is more like it. Billions of these kits will be needed imho

[ostrading2] 15/4/2020 07:52

I sold NCYT yesterday and jumped in here. Lots of attraction on risk v reward here.

[qs99] 15/4/2020 07:49

looks like some stock has become available, may pause, let's see what buyers can hoover up...DYOR etc...

[sos100] 15/4/2020 07:48

iii giving an online sell price of 53.5p - actaul price is over 80p!!!