Member Info for Dibs61

Yesterday the 20DMA moved below the 50DMA for the first time since the massive SP rise that began in early April. Don't let anybody tell you that is insignificant. That means this is now in an established downtrend that no trader will ignore.

I think we are weeks away from firm news on any sales, orders on the all important RTC tests (as I have been saying before and people ignored me and are paying the price. I remain unconvinced about the Mologic side of things. I certainly think 30p is possible now.

I hope those who have sought to try and discredit me will learn a hard lesson from this. I have been proven to have taken the correct and timely decisions. As an investor on the AIM market you must be nimble on your feet. Change your view with changing circumstances. Act quickly where necessary.

A lot of bravado, bluster and big talk about being chilled (not caring) and sitting on beaches DOES NOT make you money. It loses you a lot of money.

You have to micro manage your investments in this vipers nest of a market. It will wipe out your gains in the blink of an eye.

Cluck cluck senator this chicken made £1,500 on AMGO today cluck cluck lol

Very strong into the close. Wonder why?

Ah Hillman. I was paying close attention to your price forecast earlier. Yes your elevens lasted a few minutes. Just a few mins. But then back to 12's.

Still sticking to your 'just above ten' forecast? You did seem pretty sure earlier and was getting quite cross with anyone who thought they might go higher?

To whoever it was who just indisicriminately dumped your shares not giving a hoot about the price. You've just made them even cheaper for us to buy! Can you do it again please? I'm guessing you've only got so many and you can only sell once.

Am I the only one that gets p*ssed off with these bloody stupid transactions. So because of ONE share for £2.78 we finish 'down' 7 @ 2.78! When in reality and what investors would like to see is the true price £2.90 UP 5.

And it IS important because if you are an investor checking through SP lists you'll see NCYT down and gain a false impression.

Re a Covid 19 RTO. Thats what I saw on another thread anyway.

I am confident that following yesterdays announcement we will see further new collaborations and partnerships.

It could be quite exciting. I think SD is quite determined to make this a success.

Here is the list of critical workers covered who can still apply for Amigo loans:

https://www.gov.uk/government/publications/coronavirus-covid-19-maintaining-educational-provision/guidance-for-schools-colleges-and-local-authorities-on-maintaining-educational-provision

Yes Chris but have you bothered to check out this link and actually see the very considerable list of occupations and industries that are covered under 'critical'. I put it to you that list is very substantial. So no its not BAU but its still a considerable business and sadly there will be a big market of people out there in this poor economic situation who will need money and soon.

chris - because they are accepted by Amigo where they are not accepted by other lender. Because they are a previous customer of amigo and want to stick with them. Because they havent done sufficent research - people like that are sometimes not so financially savvy as you or I. Because someone recommended Amigo to them. Because Amigo comes up before them in google search. There are all sorts of reasons.

Freddie I see very little chance of that happening (dramatic short term drop) because there is nothing fundamentally to justify it. OR TECHNICALLY. IMO this price is ROCK BOTTOM already. Anybody selling now is selling for another reason other than fundamentals ie.need the cash, better opportunities deemed elsewhere.

Been doing a little bit of research on SPV's and their various purposes, benefits, pitfalls etc. Interesting.

It's simply a waiting game now.

They were down to 7.54% as of last Wednesday. I think we can reasonably expect that they will be down to around 5% by cop today, maybe even a bit less as the pace of their selling seems to have accelerated. Probably because they want to be out prior to results. No that’s right people they will NOT want to risk being in for the results. That’s not a scientific judgment it’s purely a risk thing. It doesn’t mean they think the results will be bad. I am very much hoping they’ll be out by end of this week.

Never seen so many drama queens on one BB! Positively bipolar. Same people forecasting 20p today forecasting 2p tomorrow lol. Anyone would think that’s it it’s all over.

Tomorrow is another day and could present a nice buying opportunity.

Why indeed. Tern have some fine pedigree stallions in their stable but their trainer wants to hide them away from the world! Holders believe the combined value of all their company stakes is many multiples of the current valuation. We just need the first exit, the price of which will blow the market away. I think the main conundrum for investors is how long will we be waiting for that first crucial exit?

I'd sooner be making a profit on my current 10p average!

This has got further to go. Just profit taking atm IMO.

I can now if you like? ;)

Yes to me it is very clear. "Financial resources" does not mean a placing or placings. It means the funds will be provided from an external source such as a partner or collaborator. This quote confirms what I am saying:

"It is intended that new projects will be held in newly formed subsidiaries ("Special Purpose Vehicles" or "SPVs") with the Company seeking external funding from partners to progress development towards clinical trials. ValiRx will provide the SPVs with corporate and project management support, being reimbursed accordingly. In the longer term, it is the objective that the incubation of early stage drug discovery projects become self-sustaining, with income from SPVs being used to support the working capital requirement of ValiRx and provide investment funding for further in-licensing."

The next stage would be that the projects enable the company to ultimately become self financing ie.no more placings. That is clearly a more longer term objective but it is clear that Suzanne Dilly is setting out a very clear vision, business model for the group.

It is IMO encouraging for anybody considering investing and certainly assuring for existing shareholders.

Like others have commented I get the impression that something is in the short term pipeline. Our first deal to demonstrate the new strategy and definitely hinting at a forthcoming deal with the Japanese pharma.