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I did also mention a Government Financial Authority. Do you mean that there Isn't any?. Are you Invested In Valirx?. If so Do you not care that Valirx Is financed by diluting It's SHs?. Please show where their not? Please show me where Valirx succeeded In attracting Finance except In one case earlier years where they received a grant?. Feel free to correct me . AIMO
Are ValiRx authorised by the FCA?
Because if not there's not a thing they can do about it.
Hello Grainger14. No wonder New and established Companies are leaving the LSE. If the UK Government want to retain a Stock Market of any calibre they need to start taking things more seriously. Valirx has been from the start financed by the dilution of It's SHs year after year. What type of concerned Government Financial Authority would entertain such carry on IF they wanted to maintain proper controls. When Valirx diluted It's SHs for the Second time,
Which I and many more were In the last 125 for1 Share consolidation. The First was for 125/1 also. The FCA should have made the BOD responsible and organized a wind up of the Co and compensated all LTSHS that didn't trade the Co. Any UK Government can expect nothing else only keep loosing good companies until they take control and ACT. AIMO.
So how long does it take the FCA to investigate a company. This seems to be like everything else in the uk, nobody wants to point the finger at corruption...vaccines/banks/pharm/post office/nhs/tories....they all just ignore us and hope we will go away. Meanwhile the rich get richer and the rest of us can go get *******
...those who are asking how our reps are getting on...enforced silence....strict aim rules....Looks like we've unwittingly played straight into Suzy and the BODs hands.....strikes me all the enforcement is on investors...not the buggers who should be under the limelight.
.....for years... single sourced contract/agreement? and nothing .....I repeat nothing... what is the relationship between the two parties involved? ...the whole thing stinks!...and it would appear someone's gone to ground .....absolute long stop 'end of last financial year'....Is Suzy sulking or hiding?.....I wonder!
I've just picked up this comment on the Internet..
"Welcome to the AIM cesspit where all you need to succeed as a CEO or chairman is to be corrupt to the core"
There's a fine line between incompetence and corruption.....especially pharma......An explanation is still outstanding as to why val 201 has not been delivered by the "drop dead" date... 4th April 2025...
...good morning...just watched va interviewed on bbc 1....wishy-washy....strikes me top nhs bosses need a rocket up their ****s ....another of our brilliant nhs crews ....managed by incompetent politicians/sm's ....who have no respect for data. we need to step back and admit "hearts and minds" must include fear for job security....for those who are clearly incompetent. i repeat...........those leeches are sucking valirx dry....i'm convinced suzy is taking us to admin in order to pick up the lab (and all its contracts) for a song...just remember my words "black cat"....i'm warning you all to be on your guard unless this incompetent gang of rouges actually do have something of value to share with us.....when it suits them of course, definitely not when it suits us.
Those leeches are sucking valirx dry....I'm convinced Suzy is taking us to admin in order to pick up the lab (and all its contracts) for a song...just remember my words "BLACK CAT"....I'm warning you all to be on your guard unless this incompetent gang of rouges actually do have something of value to share with us.....when it suits them of course, definitely not when it suits us.
When the F are we going to dismiss Suzy and Kevin can't come quick enough they both should not be allowed to take another wage from the company
"It's dead jim" is the correct header lol
Just correcting the header....
Maybe it is @porky9 buying whilst getting others to sell. If it is 👏
Either way it looks like the market much like us is waiting for some divine words from Dilly. Hopefully she will be ready to realise an rns or two when she’s back from Easter holiday. Never forget her first priority is family.
Just looked again - the four buys totalled just over half a million shares. RNS tomorrow?
Maybe it was @Iceman adding £10k
Four separate trades but that's a lot of shares bought considering all the negativity on here. Shows that there is definitely optimism that recovery is not far away. Nobody just throws away thousands of pounds.
Last post.
Pressed send too early but hopefully you get my drift
Agreed...lots of soul searching....but they succeeded despite barriers placed in their path....I cam only hope and play the decline in the sp has no substance and that the val treatments will come good despite, barrier placed invrhe path by Suzy and greedy, 'businesswise' incompetent team.
If no material news is released before the new CEO is announced; The SH's whom made the requisition, can feel thoroughly vindicated in what must have been a difficult decision.
The current BOD have failed to convert ANY income generating opportunities and have left the company in a somewhat precarious position whereby another fundraise now seems inevitable.
🥱🥱🥱🥱when did you say ?
Fair comment jinky. I won't haggle, as vals sp just done done what it knows best.....turned red!
Freddie I agree with what you say except for having the AI scientists working under suzy's stewardship Suzy should be shown the door told to leave and never return her handling of the whole 201 debacle has been a disgrace.
@OB
Hope you and family are well, health is wealth as you always say.
Sure, IF Adrian gets it right for H2 he has a chance and it then becomes a recovery play, although i am concerned that the requisition was removed enabling Kevin and Martin to stay, i believe i speak for many in saying that was a mistake as SH really wanted the opportunity to see the back of those two at the earliest, anyhow not long until end of June.
Pork's
P.S I know you are also a fan of the shiny stuff, even i was surprised at the recent Gold run.... nice one.
Evening Mr P…
I hope you are well?
You are here for the same reason as most of us are……you can smell a profit.. probably long term TBF….
Am I wrong?
OB
@PM2022
It really is like Deja Vu with you, we have the exact same conversation every time. You try and convince that the cash runway is longer than it is, then when they place act shocked that you didn’t see it coming, wake up.
Let me give you the maths in simplistic form.
Skint at end of December 23 except a few quid. Cash burn averaging £200k pcm. They raise £1.8m BEFORE costs in Jan 24. Not sure of the fees but probably 5% but lets ignore that for the illustration.
Question: Do you think costs will go up, stay the same or go down? Answer: most likely IMO to go up as you have 4 more BOD members to feed and settlement costs to pay Suzy off from BOD position and settle any other liabilities.
IF cash burn were the same the runway would extend to September 24 (9 X £200K is month 9 i.e Sept) but with the broker fees and other costs most likely a bit earlier July or August maybe?
A new board all in situ for end of June ready to start H2 1/7 would not want to go into that with only a few weeks cash left nor would they want to leave it right until the wire to raise cash, which would be totally irresponsible, and we need a change from old.
So, my best guess is they use the end of June AGM to propose the business plans going forwards and introduce the new BOD structure for H2 and request headroom shares for a July or August placing, that feels reasonable to me.
My call is 150m shares at 1p to raise £1.5m cash. Some investors think it should be 2p, but the market is tough. Any raise must reflect risk and the new board are rebuilding the business from ground up. To put this into perspective at 1.7p the share price fully diluted would be roughly the same market cap as where we were at the April 21 restructure. That’s why I think 1p is realistic and 2p probably top heavy IMO but let’s see where it comes out, but funds will be required make no mistake.
No doubt you will reply and say but Pork’s THX could pay the £2m over blah blah, they wont, it’s a dead duck and the new BOD need to move on from that now, rid the business of that albatross around their neck and more forwards fresh. A new board, a new direction, priority to value shareholders, a new start is what's needed now desperately.
Good luck to you.
Pork's