Vela Tech. Share Price (VELA)

Also bought some last year
Looking very likely we will multi bag by Xmas
Imo
Sell price has gone up you can sell 10s of millions at a time now, so if you want out
Bye
Glah

Bcarm average down you only posted you bought in a few weeks ago . It’s almost like you full of ….( please feel free to fill in as you think appropriate)

Great day for Vela first time in months ,days not closed at a loss ,ok it’s not gained but not 3% down .Board must be ready to pick new investment soon so blind folds on ,pen above piece of paper with all possible companies, spin round three times and make your mark.FOMO really ,but blind faith and Darwin Award nomination post always make me smile

CSFS, like most of AIM in the current climate looks like a bunch of directors with no real control over spiralling costs. We would know if VELA exercised their warrants so I am pretty certain they have not. CSFS have stated they will be doing another fundraise but considering the SP is where it is they will have to offer a lot of shares to get anything significant from a raise. Unfortunately, CSFS looks another dud from the board and foolishly I got suckered in too!

THG, what are you thoughts on this re CSFS investment? Based on Vela RNS 06 Apr 21, they acquired 400,000 shares in Dec 20 + 245,902 shares in Apr 21 for a total of 645,902 shares. However, according to the CSFS website, Vela owns 1,045,902 shares. The difference is 400,000 which matches the warrants @ 50p. Surely Vela did not exercise those, I do not recall any notification of such.

https://investors.cornerstonefs.com/shareholder-centre/significant-shareholders/