Eyeguy, it's definitely looks like the rot has treated and I am thinking of having another punt on Val. Given the residue value of my previous investment it is just like making a new investment in the same way that ValiRx seems like a new company after George and Satu left. I think I will still play safe though and balance it with an a 2nd investment in a nice steady ftse 100 company, one that pays dividends if there are any left paying dividends?! Just want to even out the risk a bit.
Eyeguy good ponit. Ulvr is always safe bet in a crisis. Athough it looks like a good price now I know that in reality it is only going to pay off a little better than bank interest. I think a little risk is required if anyone wants to make serious gains.
I can understand gold over the long term, always seems to be a safe bet. But why pharma? Pharma stocks have definitely been hot recently (nice), but do you think it's because of something intrinsic to pharma companies or rather do you think pharma companies are going to remain in the spotlight because of covid?
Rox, going back a few years people kept making comparisons between Val and Sclp. I don't think there is much merit in comparisons. I don't think there is much substitute for doing the leg work of looking at the accounts, historic performance, RNSs, directors deals and news reports. Boring I know, but probably the best approach.
Sambar, I don't see any legitimate reason to bar an application for shares from any particular broker. If you were a broker subject to a bar you would have grounds to complain that such a bar would affect your business adversely (customers wouldn't use HL if they couldn't get what they wanted). I would be more inclined that all the shares are sat with ValiRx's broker and will be released into the market in due course.
Just a minor ponit harley24, the lse details of shares in issue is not up to date. Should show 18m. Yahoo finance shows the correct figure, but both sites have some info that is out of date. The ValiRx*s own website seems to be best place to go for reliable info on shares in issue, directors holdings and other simular info.
What do you get with lse premium? Some information is available on yahoo finance than it is on this (standard) site. I assume you get live info on premium, but curious about wgat else you get on premium.
KTF. I think I looked at things they way you seem to be. But I think that perhaps putting money into a biotech and expecting long term gain isn't a realistic goal because of periodic fund raising. Perhaps companies like this are more about staged progress and staged gains? What I mean is that long term value comes from crystallising profits on rises and leveraging profits at a later date, perhaps after a fund raise.
Nenny, I think you are judging the company as if it were still run by George and Satu. A new approach to fund raising is required because of the mess those 2 made and because it is not a good look when the begging bowl keeps coming round. We know that the company is now funded to meet the next key output This is a good thing
I have seen the biggest load of rubbish on here today about j bown. The name is nothing to go on. I can't possibly see any relevance of being Scottish or Welsh. Nonsense all round unless someone has an actual ponit.
I think there is good reason to think the talks are legit. If they release a RNS that is porkies we would have proof that the BOD mislead investors and I wouldn't want to be in thier shoes if that was reported to the regulator. The vagueness of the reports from George and Satu worked in thier favour as it becomes harder to establish if porkies where told and establish any evidence that anything was said that would mislead shareholders. The new approach and level of detail provided is reassuring.
RE: For those interested. - Part 204 May 2020 20:27
Drac, just found it and saw MrNation's responce too. I think Mr Nation's responce a tad dismissive, but not actually rude. I didn't see any other obvious replies to tiopat, but I hope some showed sympathy.
Eyeguy. Sounds like you hedged your bets well, good play and nicely derisked. Very tempted at the moment. Funded my account. A lot of what's on my checklist has been ticked, Sp growth over a 20 day period G and S gone. Decent rises over the last couple of weeks Funding avaible and given the amount, little reason to think the begging bowl will be coming round again soon. Not sure when the results on 201 will be out, but it's clear that there is news yet to come. You recon 20p back on the cards this week?