If he ever reappears remember that what he alluded to and suggested he knew, especially regarding the court case, can now be seen to be entirely false and misleading . Regarding the R&D programme I think it is still abundantly clear that nobody has a clue what is going on or what will become of it .
His correspondence address reminded me of Redwood Bank (Johnathan Rowland).......which tried to reverse into R8 capital holdings ( MODE also Johnathan Rowland). one of Vela's larger investments. I wonder if something might come of this?
Does your valuation include the cash from the raise + current value of investments dived by enlarged share count ? To me that would give a share price if around 0.047p ?
Investments in FIN,ENS.SKL and CODE are worth approximately £1.2m at current closing prices , assuming holdings still the same . You might scrape together £100/150k with the rest , excluding igraine
They have guaranteed funding through the ciz bio agreement already so I am as certain as I can be that no further fundraising from shareholders is needed.
That was actually me that said that not Fleccy, but whoever said it it's a complete waste of time reporting innocuous comments.
I agree in the grand scheme of things a month without an RNS is nether here nor there and quite normal. But there was a concerted attempt to whip up interest and suggest very positive news was imminent by some who post on here occasionally...so in that context it does feel like radio silence. But best just to ignore everyone and get on with life ...which I hope you take note of mickeydj👍
Astonishingly Vela's holing in CDT is now worth about £12.5k ( down from £3.5million+) and is only around 20% the value of their holding in Truspine ( currently £60k) , which is in itself a fraction of what was originally paid for that investment.
Its fairly clear the general trend is down if you look at the last months graph. Not surprising in this prolonged radio silence. It is always the way. RKB & co have gone very quiet.