RE: Presentation25 Jun 2022 22:27
I only suggested putting your money in your bank or Valirx. It was not 'investment advice'.
Many of the so called helpful people here could be shorting (short selling) Valirx - so they want the share price to fall. I very clearly stated I was invested in Valirx so therefore biased.
It was only Friday morning that I looked into investing in 4D but found out the following:
1. It had made loses of between £24.3 million and £70.48 million every year since 2017!
2. Those losses increased every year. They lost £70.48 million in y/e 2021.
3. Their annual revenue was between £210,000 and £520,000 for the last three years. Tiny!
Plus, they had a £13.9 million loan. So, yes, not great.
What did they spend all that money on?
But I read all that and invested in Valirx instead.
I also looked into the science at 4D and nothing impressed me. A treatment for IBS was one of them. Valirx have a licence from Cancer Research UK (Cancer Research Technologies) for a prostate cancer therapy. They have links with Universities.
I am a long term investor so I plan to hold Valirx for at least 6 months. It could go either way in the short term, but it is promising in the long term. We will see. But please, if anyone comments on Valirx please state whether you are short selling Valirx or long (like me). It is more honest that way.