It’s simple8 Nov 2018 23:36
The share price is 1.5p, obviously this is not priced as a company with guaranteed deals. It’s more or less priced as a failure.
We’ve got a research report using conservative numbers that comes up with a NPV of 10p for VAL401 alone.
It’s Valirx’s business model to partner/outlicense in early stages.
Do you believe them to be in talks about 101, 201, 301 and 401?
How likely is it one of them will get a deal shortly?
Will the share price be higher than 1.5p when a deal is closed?
No matter what you’ve paid for the shares in the past, it all comes down to the question ‘would I buy today for 1.5p’ ?
If not, sell. Otherwise hold or add.
BOL.