gracias amigos.silvana thank you for your response.pigeon sorry for not knowing this is board for poets,i prefer numbers.surf57 sorry but i was -am dredging for info.no intend to uppset anyone.dont want to cose any negativiti on this or any other bord,so when i get time i will look a bit more into val.adios
What is your reasoning and logic for your comments? Please can you elaborate.
The SP was good value at 0.50's in terms of potential and news expected with trial results. The wasn't the price getting ahead of itself, in my opinion that was still seeing us undervalued.
Things have IMPROVED since the placing, we now have more funds, and have had two positive RNS.
I often look to the negative side of things (Where possible). But buying in now (at the bottom or near enough at) is in my opinion as low risk as you are going to get.
Placings are necessary to raise funds, couple with the grant that has been agreed our finances look good currently.
Biotech is a sector which has high costs in terms of development costs. This is for any biotech company. This is not bleeding funds, these are necessary costs that cannot be avoided. Clinical trials are not cheap, but the potential that can be unlocked by passing the various phases could be a major springboard for VAL.
The reason we are at this SP is because new shares were issued at a lower price. There is no other reason we are at this SP. You are talking like based on patents and potential we are not worth 0.50's, which I would strongly disagree with.
I don't think we will need very good news to see this rise again. I am basing this on HISTORICAL FACTS from previous placings in years gone by. All we need is time for the placement shares to be moved and then we will start ticking up again.
Are you invested in VAL or considering taking a placing?
ola,not that i m aggainst risck,but it might take some time for sp to recover to 0.5p.would have to have some very good news.not against plasing to,but this sienists and bod can blead money out of d company.could that be d case here?like and wish they are ssucsefeful in their work,just asking for some appinions.
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