Thanks Borsaci, so everything on track, speaking to partners for JV or trade sale now, who have been following progress since the start of 201 proceedings.
I think where VAL is now justifies a £30 mn market cap or 50p fair value. With next news on a good development l think £30-£50 mn range i.e. 301 Japan update or 401 financing or BC201 update. JV deal for 301 or 201 and then we are looking well north Of £1 depending on size of deal. AIMHO DYOR
There is some absolute rubbish being posted today! 1. The company has at least two years of money so no placing. 2. The results were good yesterday and the next stage is finding a JV partner or sell it on. 3. VAL has 3 other products of which one is advanced (401) and 301 could end up with a license deal. 4. This company is a far cry to the old one with prudence, structure and professionalism. 5. Finally, £15 million market cap is ludicrous!
Had the profit taking and the retrace. News good I couldn't by any in decent size towards the close Expecting a march back to the 40’S at least Miserable £18 mn mkt cap
I’m also expecting a steady rise today as the news is digested and small investors take some profits. This should also hit radars of those waiting for the 201 headlines so it will be interesting to see how it all pans out up to the close
Wasn’t sure how the news would work, a spike like DDDD or a gradual rise as news is digested or a SNG and gradual, which is what l think will happen here now as news is digested. GLA but very good news as Grace intimated.