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Bought another chunk on the dip. You sell out, I buy in. My upside increases when the trigger fires. It's that simple.

oops - ok ok but with more details on the commercials!

No RNS and the shares bought today are now waiting for multibags.
If we can generate volume like this and take out the loose hands pre-RNS, I'd invite you to consider the affect of a detailed VELA RNS that touches on the advanced or imminent nature of a commercial deal with a global major pharma.

Buys slamming in. Most MMs at 0.12p. Hope you didnt get milked today. Wait for RNSs now to release the sp.

Just keep loading up.
RNS tomorrow with more detail?
We didn't get one today.
Don't be surprised to see this up 200% in short order.

8% in a globally, urgently need COVID drug that saves lives, potentially extends vaccine protection for all - diabetic or not - is low cost and orally administered.

What's that worth in multiples to Vela capped at £14m, £2m of which is cash?

It allows the buyer to represent to its shareholders that they have purchased a fully dd'd mega project. Shovel ready.

...

500m plus diabetes sufferers but how many on the planet? the drug could boost the length vaccines are effective for all i.e. including non-diabetics. People will begin to appreciate this now we understand the elderly that first had their first dose at the beginning of 2021 are now seeing protection drop off to around 60% efficacy. This could be a universal oral therapeutic.

If the results are good, AZD1656 could be granted compassionate use by UK drugs regulator the MHRA. It follows breakthrough British tests which found cheap steroid Dexamethasone and Tocilizumab helped save lives.

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Does this mean if the results are good from Phase II, it can bypass Phase III in some/all cases and go straight into patients?

I agree - the with or without diabetes really not seen or highlighted but from prior RNS, this means anyone of us could benefit from AZD to extend the efficacy of our COVID vaccines. AZD was shown to uprate T cell activity (if that is the correct scientific term!). So its a truly global, all person drug - potentially...

Interesting. Whatever the brinkmanship, value always outs. MMs were caught out with PI interest that gathered pace from early last week, the delay RNS on Monday and the Igraine heads-up. Today's news isn't particularly detailed, but the narrative sufficiently strong and unambiguous to tell us whats coming.

Nelson, I expected to be at 150% and some by now - this has surprised me, I think mainly because MMs have sold off the crown jewels for tuppence to PIs happily munching up VELA stock completely de-risked in Phase II to a blockbuster drug, with a tier 1 consortium representing us in a deal with global major pharma and biomedical firms.

Quite useful AZ took this through initial development and Phase I and have first right of refusal and EML/SGS already done billions in disposals to Roche and others, so have a pretty good idea of what AZD is now worth and how to ensure we get the right price. It's not like AZ will need to "get up to speed" here really is it nor is today's market release "news" to AZ.

Nelson, you do appear particularly clued up on VELA. Your posts very interesting.

be good for VELA to RNS this with more details on the results and commercialisation negotiations - that said, the latter may land imminently and lips will be tight.

One at 0.115p, 2 at 0.12p and the rest above

Back to NT to buy again folks

Take em out!

That's very much my thoughts and many others that counter the trolls on here. Its inexperienced and less financially robust PIs that are most vulnerable. Maybe MMs and these morons spooked a couple of sells, but I am not convinced much. I haven't seen any meaningful sells to cause a drop hence why you can't buy a bean each time MMs have marked down. But alas, if MMs want to give shares away they don't have, I'll be very pleased to take them - I'll sell them back much higher.

every drop, I hit the buy button and get NT'd the first 5 mins. so, I know I have stock that MMs truly, desparately want and is in very very short supply. in this circumstance, on the cusp of a deal with the likes of AZ or Roche to develop and commercialise a globally life saving, urgently needed drug, why would I not wait for the inevitable multiplication of my investment?

pretty clear what is going on - MMs trying desperately to grab PI stock