RE: Information for Potential Investors - Part Three24 Oct 2021 14:53
There's always a risk, it's just balancing the potential reward.
The big pharma in question could decide to pull out at any point for a whole plethora of reasons. If that were to happen, I'm sure there would be other interested parties. However Val would be heading into the new year knowing cash is soon to dry out. PM, you've already argued that a deal must be imminent because they would lose their competitive edge if they tried to negotiate a partnering deal as the coffers start to run dry. If that were to happen then unfortunately they might need to look at raising more money. With the reputation Val's acquired thanks to their previous board, the share price would plummet in that situation, as trust would be at an all time low.
Before I get called every name under the sun. Guess what, this is the real world and unexpected things can and do happen. Without knowing who's the partner and what's going on in the background, I can only assume the risk of the above happening is very low. But if you start putting your blinkers on and telling people who highlight their concerns that they shouldn't be posting on these boards, for the fear they are creating. Well your narrow minded beliefs are going to get you stung one day. I will never put all my savings in Val as if the unthinkable was to happen, I'd be devastated. It may be a 1% chance, I don't care. People should look after themselves and at the same time be careful with what advise they decide to dish out. Nothing is risk free, especially when it comes to stocks!