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You should present the 'what's hot' video Jambone.....

Back up to par for original investment now ($3.50)

I added £3.5k just before the bell

2pm

Looks like they have been admitted for trading as the shares outstanding has gone up to 73.83million

https://www.marketwatch.com/investing/stock/cdt

A bit of a 'yawn' if you ask me.

Cornerstone and skil cast are both doing well from a year ago ( even if still down on the original investment.) Not far off in SKLs case now.

Thanks Big Dave.

Vela are not a one trick pony . It’s been a tough year or two for sure but a good few of our investments could well prove worthwhile . Cornerstone is well on the way back up for one !

Http://www.velatechplc.com/investments/

Good update from another of our investments Cornerstone

I agree Jim.

I also think Joe Blogs sold out on Friday. I nearly sold a few but glad I didn't.

Interesting that the 911 code ( which appeared 3 times preceding the RNS) seemed to be true on this occasion.

Closing price $5.51. =$5,596,838 = £ £4,404,124. ( close yesterday £ 3,750,000 as per RNS)

It's real !!

If you’re referring to me have 100million sub 0.02

Agree BigDave….. but being slow off the mark they are nearly a million dollars up already on yesterdays close !

I hope they slowly sell all the way up to $15 and we all make loads on the back of positive sentiment.

Have a good weekend everyone. Monday should be fun

( CDT currently at $5.7)

Interesting we got more shares than stated…maybe an exchange rate issue

Slipcase are moving up nicely ( on a year high now ). Not sure what our buy in price was here .

Back to $4.5 5 mins later !

Krazy:

We invested roughly£2.5million in AZ1656 drug via St.George St. Capital.

We paid CDT £400k for a put option whereby they buy back our rights for a cut ( I think 8%) of a commercial deal on this drug for use in COVID. They would do this by issuing us shares in CDT.

VELA don't have to ( and as far as we know haven't yet) exercised this option....hence the speculation as to why not.

If they exercise today and sold all the allocated shares they would get approx £3.75 million which would be a handy profit on the original investment.

The could hold for a much higher price, or wait for a commercial deal which 8% of which may be many more millions.

We don't know ( and suspect neither do the BOD)

I've never believed in the '1' code but 911 has just popped up

Hard to buy at the moment. Glad I topped up yesterday