REMINDER: Our user survey closes on Friday, please submit your responses here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If the same pattern as yesterday and the other 4 by days end SP will be a plus %.
The top Gainer for 5 days
EPIC Name Price Today Price Then
VAL Valirx Plc 14.75 8.25 +6.50 78.79%
Cheers, Bananaman2. Slightly bitter, and perhaps being somewhat flippant. Obviously averaged down, and yes, much happier now GM has gone. I know many are in the same position. Good luck to new holders, seriously.
vicjan - I agree with you re warrants - i am happy for the small number of them to be exercised. We have £2.2m in cash, so adding a few hundred £k to that balance wouldn't do any harm. That much cash for a piddly market cap is amazing,. I am invested in other similar companies, with fewer prospects than here, and less advanced stage, and they are at a much higher market cap than here. I have re balanced my holding and significantly increased my holding here. Fingers crossed this re-rates soon
skaffen. Just shows how unloved VAL have been. Probably due to lacking shareholder consideration and value. Now under new leadership and strategy VAL look to be a long way off fair value based in advanced oncology trials and a COVID treatment.
Perhaps £42 is a long way off or a little unrealsitic but so is 15p at the other end.
I would be happy for the warrants to be exercised as it would give Val further revenue and boltster their already positive balance sheet which means less of a need of future funding further down the line. Val is in such a strong position now and the market cap is way below it's peers and is way undervalued. And with so much big news so close now the sp should move up in a very big way imo
Five years ago today, this share was £43.12 per share? (after consolidation(s))
Hope I can make my money back; long way to go though.
Keep buying please. Thanks guys!
I don'e get the feeling there is much liquidity out there this morning :-)
minnisage. That would kick in the warrants after 5 consecutive days. Lets see the market appetite.
Time to see if 15 is the new support level
Morning all a nice start to hopefully a fifth day of blue, people waking up to Val maybe coming up with something.
This hit 72p at one point
Enough said right there
£50m MCap for pharma's at these advanced stage trials may not be unrealstic. That would relate to just under £1 SP. You have highlighted the value in the current SP. I am just thinking of the psychology is investors and how realistic it is to by market correction alone.
If VAL could achieve that at least it you could say its fair value in anticipation of multiple positive trials data.
nicholas slater
@patviera
Valirix share price continues to astound me .Directors keep topping up .Market cap of 4m pds for a pharma with 4 exciting cancer drugs is just crazy.I own over 9pct and once the placing stock clears this should 5 to 10 bag very quickly.
Vicjain. I agree with that. Although 30p is still only £15m MCap, perhaps 40p is a more realistic SP and MCap for the time being.
Same multiple target when you look at other pharmas. Any significant tie up with a big pharma and there is no real limit with only 52m shares in issue (rising to 60m ish after warrants)
Without news Val should reach at least 30p with the present situation....a slow build up to news is much better imo and when news comes it should multi bag from a much higher level....just look at the sng chart and the way the sp moved there....seems a copy cat sp move from Val could very well happen....holding for much bigger gains
slow is best. You can see from the trades that there are positions being built. It would be much better to hit 30p by month end than today. However exciting it may be, the only outcome is a spike.
VAL has potential to be worth much more just on natural correction.
I missed out on SNG (7p to £2 in a few weeks/months). Not missing out on Val! Come on you Suzie, give us something to chew on
Today was a great day as far as I’m concerned. Consolidate and then push forward once it has cooled down a bit. No need to rush this, slowly slowly does it. I think we will end up around 30p before month end, and when news lands, if as expected then I hope it doubles again from there. Wouldn’t say no to 50/60 from these levels.