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Feeling more confident now. I haven't received any notification of an open offer yet though. ( might take a few days to be a actioned or it could be that my post consolation holding isn't enough to receive an offer). Don't think there are many ways to look at it. If the sp had remained at 7p today it would still be a company valued twice what it was under the old regime. The SAG has been a success.

Great posts HeidHoncho. I did wonder reading another of your posts, how you determined there was a limit to the number of shares that could be issued. Great to see a claim made and then backed up by the evidence.

Drac, if this is a new failing I think it is worth reporting to the Insolvency service (they field issues if its not within their remit) in the first instance even if you think a class action will ultimately be required. Complaining to the IS is pretty straight forward you just need to give the basic details company, name adress company number (all on companies House) and then set out the complaint. That's the hard bit, explaining the issue clearly)

Hi Fred, sincerely hope you crystallised gains on any profitable tranches.

Bwgs, I wouldn't say ramper, just look at my exchange with MrNation yesterday evening.

It's amazing what can happen when you get rid of a couple of duds.
One thing that did make me chuckle last week was that since January we have been asking the BOD to back thier own horse (the 4 of them at the time only owned 0.47% of the shares in issue at the time). If only they had listened to our insistence and brought they could have been minted, we wanted them to put in amounts ranging from 10k to 50k each!

EyeGuy, there was actual news last week so really hard to predict what might happen next week. But as we were discussing the other evening volume is key. I don't belive that ramping or deramping are effective in changing SP. Increases, spikes or otherwise, are emergent from the demand for the shares. So if spread is narrow again next week we still could see good volumes traded, would hate to go back to the bad old days of 20% spread as it will just crush volume unless there is a good reason to take the risk

The questions aren't wrong, but I think your assumption that LTH's don't want the shares to go up misses the ponit.
A number of LTH's will be in the same boat as me in the 99.6% down club. When you are that far down its hardly worth selling. In my case my shares 2 weeks ago where less than £1 i.e. Its not even worth the cost of selling. Its another reason why LTH's aren't deramping, they just have nothing to gain by it.
You are right that company history is a little irealvent now, but last year shares were issued like confetti and a lot of LTH's just don't have confidence in the company. Also these compounds have been around for years another thing that undermines confidence.
That all said a lot of the mess is the result of two muppets that are now gone.
Also dispite being the least two developed products there has been news about val101 and VAL301 this week (most LTH's have been expecting updates on the more developed VAL201 and 401 and have been expecting the significant news to relate to those two products rather than the 101 and 301.
Glad that LTH's like Freddie, ValJu and rightback have had the courage to buy on the rumour and sell on the news.
I think this is a share worth keeping an eye on and I will see how things pan out over next week.
But to get back to your ponit, I think it is a case that LTH's have to overcome a significant psychological barrier to take the risk of putting in any money in here. It is good that it has paid off for some and as I said the other day you have been calling it right all week long when I just could not belive it was worth the risk of jumping in.

Oh I see, cool.

I think there might Just be a bit of confusion over what shorting is.
Based on the discussion it would appear that I shorted lloyds the other week when I leveraged my profits and brought back at a lower price.
I don't think that is what is taken to be a short though?

MrNation you haven't answered the questions about what the volume of trades means? I don't think you will answer because it is a vacuous ponit, it means nothing.
Likewise you can't answer the question about where shortsellers can borrow shares from because Val is a owned by PIs and PIs can't short.

Roses, I didn't know that, I thought dnd and eyeguy might be the same.
MrNation, private investors can't short sell. Who are they supposed to borrow the shares from?

Thanks Roses, I thought that the shares in issue had to be owned by someone, so if there were more sells than buys the shares would be with the broker i.e. they are compelled to buy them. Obviously its a bit more complicated than that!

MrNation, you still haven't answered the questions?

Admittedly this is an uninformed view, but I am wondering if the discount has to offered to the broker if they are compelled to buy the shares that are dumped? Not deramping, literally do not know.

Hi MrNation. Not sure whatc 28m volume traded in #VAL in the last 5 days - 18m shares in issue means" from a practical point of view. What is the point you are making?

Hi newtrade, who sent you the reply? Just curious. My experience is that I have to work hard to get a responce. Wondering if there is someone more cooperative at valirx now.

Sorry to hear that webb. Bummer

Apple, I think my experience has made me too risk adverse. Money has been made by those willing to by on the rummor and sell on the news (as they say). There has be real improvement and real news this week so I would say that things are considerably derisked from where we were in January and leveraging profit could be very worth while.

Might also be a good time to lock in profits. You might be able to leverage profits if it drops more. (not advice BTW - hands up I have called it wrong all week) just offering a low risk strategy for those who have already done well this week.

Hawkspear, I think it's enough for them to see what happens when they get ejected! With some concrete good news there is reason to think that a decent sp can be maintained and that this is not going to be a p&d and that's all the better for rubbing their noses in it!