I think inhuman trials will commence very shortly if they are so be finished by the end of this year. (Stated in the RNS). On commencement and during trials I wouldn't expect to see the SP go about .80 with the odd rise and fall.
If trials are successful any potential rise could be negated by the companies need to fund further development therefore I'd expect another placing which will scupper a big rise. This is a long term hold!
A blustery post made with great confidence. So answer me some questions please-
a) when do you think Val201 might enter in-human trials- just the quarter is fine. b) how long do you think those trials will take to end of phase 1. c) what kind of deal do you think might be forthcoming at that stage- express please also in terms of share price.
Well I agree that £6 is way way off, but I think 1p is achievable on announcement of trials - with a clear RNS. After that, I think 2.5p is achievable on successful phase 1 data/results. They're my personal targets and I'm not looking at anything past that over the next 6-9 months.
What's all this idiot talk of £6 per share?!! Ridiculous! Even 6p is years off yet that's if it ever gets there! Stage 1 clinical trials might fail and we could be looking at 0.001 p a share. It's one thing to be optimistic but it's another to talk absolute fantasy! Don't expect this to multi-bag anytime soon.
Good comments this morning for a start.In order to get to such highs as £6/share we need a market cap measured in billions of dolars or pounds!That will not happen over several years.However a couple of deals worth 200-400m pounds would easily raise the share price above 20p/share.For that we would have to get outstanding results in phase1 and 2 clinical trials and sell the drugs to the highest bidder from major Pharmas.Lets start the Phase1 for VAL201,which is fully funded and see what happens.My bet is that we shal know about it in June.Stach.
Still half asleep . I refer to 6p meaning £6. I think 6p could come about sooner. I have changed my opinion from strong buy to buy as I personally don't see the urgency at present as in my view the share price is going to hover at current levels for a while yet.
The thing is at this rate 6p will be achieved when most of us , by then , will be pushing up daisies if indeed 6p is ever attained. I like many others know this will move up but let's walk before we can run. At the moment we are still crawling...zzzzzz
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