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Watch out for Ciz rns first, they will probably update before Vela.

Yes Volvie, I had 0.065 but thought if they end up exercising their options on the cheap and sell them at the maximum then could go to 0.08-0.1

Vela announced that the Company entered into a put option agreement to give the Company the right, but not the obligation ("the Option"), to sell its economic interest in the commercialisation of the Covid-19 application of AZD1656 for a total consideration of £4.0 million.

The share price was 0.15 when AZD1656 was initially discussed. Nothing was going on for awhile hence dropped to all time lows to 0.013. Plus board are awful at communication. Now they have an option agreement in a company called Murphy, listed on Nasdaq. They exercise their options and if they choose to sell then great return for them depending on the exercise price of course. Now thats just one investment they have all the others too. So share price should be way above 0.04 already.

Aye deflated stocks do tend to go on a run, the business itself is worth more so everything is lined up for decent run. Just need the board not to be so lazy and release the updates without delay.

Good timing, reckon we should get back there shortly. PB allowed the 8ema to catch up on daily, should let it go higher over next few sessions

You back in msuk?

Consolidation coming to an end soon, should see it back above 0.03

We are way below fair value you can look at the previous Quaterly update and see. Next update will surley make investors understand that there is some decent upside from current levels.

Pullback giving a chance to buy/add. Whilst some sell there are buyers taking advantage of the drop. Expect to see more large delayed trades. Consolidate morning and let it go later.

Thanks msuk, still think there is a long way to go. Snowball effect possible here with further updates and use this opportunity to keep momentum going.

Looks good for close at days high, 0.04 still on the cards another hour to go.

Assuming the merger completes as expected, the Conduit-Murphy merged business, thereafter to be called Conduit, will become a publicly traded company on NASDAQ in the USA tomorrow, 22 September 2023.

Bullflag on hourly/bouncing off 8ema support. Anything can happen in the next 2 hours. Imo strong close is on the cards.

Pulled back more than expected, but buyers are back and still time to get to 0.04 by days end. But will be happy with a close above 0.03. GLA

Forming a bull flag

Small resistance as msuk.it has, then 0.0524. Then 0.065. Could possibly reach 0.08-0.1 there after.

Next wave up, after some profit taking. 0.04 next

Msuk.int its the 4hourly chart that usualy gives me the signal when to sell and there is no sell signal. Will be trading 0.04 after 12 imo.

There will be sellers at different levels but ulitmately the trend is up. My top target would be 0.1 but lets see how it goes over the coming sessions.

Well done msuk.int. But think this goes much higher, 0.04 will be seen at some point today. Then perhaps 0.065 tomorrow