Member Info for jimbogains

Fingers crossed, team!

Any reason Hightower?

Fully agree with cobalt

Recent developments are all great news, but if the company doesn’t show progress on VAL201 then it hasn’t evidenced its ability to commercialise its product or whether it could have a trusted partner in TRx going forward. Fingers crossed Suzy will get this across the line, it’s all noise until then.

Is Stella coming on board with a specific purpose? Her LinkedIn profile says she’s a specialist in delivering shareholder returns through trade sales and IPOs. Obviously we don’t need an IPO. But could there be a purchaser for the business? TheoremRx, for example?

Having worked for a Big 4 firm, I’m pretty sure KPMG, with its in depth knowledge of the business, will have decided not to participate so that it can go for the far more lucrative consulting advice

I was wondering if she might have come on board to progress a specific project but that doesn't seem to be what is envisaged per the RNS.

Great to see some positivity back on the board :-)

Fair enough Adam - I do find it hard to bear some of the (financially?) illiterate nonsense on here, feel as if your best efforts will be wasted on this board.

One question for you, if I may - in your new role at Valirx, are you now on insider lists? Sorry if dealt with elsewhere

Any attempt by Adam to sell down his stake would impact on the share price, so there’s little incentive for him to short-term ramp here. He’s in it for the long haul.

People suggested a role for him and he took it on, I don’t understand why some people have now decided to go on the attack. Get a grip guys, if you can’t stomach the risk profile then invest in something else.

TRx will be raising funds privately so it may well just be some of Ken’s old buddies with bundles of $$$. Who cares. If I were putting money into TRx I would need to be sure that the science behind VAL201 is good - thus the due diligence being performed. That said, it should be abundantly clear that if the funds are not raised this third and final time, either 201 is a dog or Ken etc don’t have credibility.

Either way, if there is no deal this month, I would implore Suzy to either take decisive action or be abundantly clear to investors why she thinks it appropriate to continue down the TRx path - if the drug and/or Ken are rubbish then there are plenty of other areas to focus on in order to drive value (particularly if we are subsidising TRx in the meantime through service provision)

Seems unlikely that the exclusivity period would be extended again without any payments made. Hopefully we will get clarity either way this month - not a great fan of uncertainty! You can do it Suzy

Forest - shareholders’ rights are subsidiary to those of creditors. There is zero chance the judge will say it’s inequitable to shareholders

Am I the only one that was expecting more movement on share price when markets opened? What’s happening

Putin just needs to show he’s won something. He knows Ukraine will not fall, so it’s just a question of when he agrees to meet at the negotiating table to find a way out.

As far as I’m aware, there is no constitutional right for president to appoint his successor (noting that the reality of how it works may be different).

Nationalising foreign assets would be an incredibly risky gamble. Foreign banks hold hundreds of billions of Russian assets and Western countries also have vast amounts of Russian-owned infrastructure on their land. Comparative financial and other investments made by non-Russians into Russia is presumably significantly lower. I struggle to see how nationalising foreign assets would work in Russia’s favour.

I would imagine releasing interim results of the vote could influence the outcome and therefore not permitted. Of course I may be wrong…

Amazing how sentiment shifts on zero news.

Anyway, megabucks deal 100% coming this week and we are all rich in time for the weekend. Can’t wait.

Did anyone see Dr Ken’s presentation on TRx? If so was there anything about 201 mentioned, or anything else?

The company indicated £15m needs to be raised from rights issue. If so, work out what % of the company you own and multiply that by £15m. That’s your answer

I estimate 30 further indications, so likely a £1bn + market cap by end of June. I will dream on this basis tonight.

Happy weekend all!

Thanks TNP. Agree it's all risk-adjusted (hope value). I'm just feeling pretty bullish about this all proceeding nicely, so looking for views on where this could end up. £50m market cap would be a decent start

Work can be frustrating and stressful but it's good to have something to work at! If all I had was the daily trudge down to Costa before Wetherspoons opened and £500 a month to play with, I don't think that would be any sort of improvement to my life.