The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Doc83
We know from your experience that making the effort to go to the AGM and
raise concerns to the Board face to face, does not actually make any difference.
The frustrated shareholders at VAL have taken action, and that has been reported to the market.
After RM's new year message on LinkedIn last Jan (2023) it was clear no progress had been made,
when we were all waiting for news of dosing patients, as RM had lead us to believe at the AGM 2022.
At that point I suggested on here we should call an EGM and got shot down.. Now nearly 2 years
after our last trial, we are still waiting for something "concrete". with the same lack of communication
shareholders compalined about. I do not trust RM, the longer he draws things out the longer he
secures £350 K a year for himself...Other Board members are free to work for other companies,
like Dyson as confirmed a few weeks ago in SH's open letter.. We can share our frustrations on here,
but should take a lead from VAL shareholders and do something. IMHO!
I think we will get the results next week.
There are a few shares doing well currently, and a few posters here
are being negative in the hope that they can take profits elsewhere
and get in here before the results land. Nothing posted on here
makes any difference, despite the wishful thinking of a few muppets!
After the market closed today VAL issued this RNS..
ValiRx plc (the "Company") (AIM: VAL), a life sciences company focusing on early-stage cancer therapeutics and women's health, announces that it has received a requisition notice from a shareholder group proposing certain changes to the Board.
The Company is seeking legal advice as to the validity of the requisition notice and a further announcement will be made in due course.
With respect to LTH's what is the view on this ?
GLA!
I genuinely expect news next week..
Things will move very fast once our results are confirmed...
Enjoy the weekend see you at 7.00an Monday.... We have
a lot to look forward to.... Time to open the bar...No kebab though..:D
GLA!
Joey
Long Covid is an umbrella term for many different symptoms after the Covid Virus..
We are looking at treatments that can improve the symptoms no one is suggesting
SNG001 can cure long covid..
In my genuine opinion..
RM only discussed getting on a Platform trial/s after after SPRINTER..
I now think his first priority was to preserve the cash left to pay wages,
not progress the opportunities that the data presented. I believe they
were forced to look at funding another trial, as their position was not
going to be tolerated by TGF any longer.... RM and the other Board
members have not acted in shareholders interests, especially those
who funded the placing... Let's hope there are no mistakes in our P2's!
Doc.Dan
You have just defined the reasons I am so frustrated with SNG..
I can see a BP buying us out after P2 for peanuts or best case scenario
we get a JV with a very small slice of the pie for LTH's and then the potential
of SNG will be unleashed when BP looks at the data and explore avenues
SNG have not identified......There was still huge potential here after
SPRINTER but 2 years on we are still waiting for them to do something with it!
Post the Deep Dive results in 2022 I was one of a few on here
championing SNG and potential Long Covid treatment and got
shot down... Apparently there was notable excitement at the 2022 AGM
when someone asked about Long Covid.... Then nothing.... So I would
not get excited about it now as SNG have not metioned it again...
I have said many times they did not make the most of our SPRINTER
data...
Agreed..
They were probably sent last week, so we could get them next week ..
The volumes this week lead me to think the next RNS is not far off !
Now the placing is done I think the rise will be more than many expect..
We can expect more news in the next few weeks.. I think
there are many new significant holders here, and I expect
we will maintain a consistent rise from here.. News
of a JV/MOU will be the one that sees new highs, but 10P
before that lands seems realistic IMHO! GLA!
I think Tommy wants to bury any talk of an EGM......:D
Doc.Dan
What ???? " He certainly knows more than most of us " Based on What?
..We do not know when
we are starting the P2's.......Some think radio silence is significant
and some don't..... ! That about sums up where we are...IMHO!
I hope for LTH's the bid is fair. But as a poster said earlier..
There is a conflict of interest, and that should not be underestimated here..
JD is acting in his interests and any backer will want to get this as cheaply as possible..
No one in this scenario cares about shareholders getting a good deal... If the offer
is over 50P I will be surprised... The Brand needs an overhaul, you really need
a rival bidder to get something more... If the bid fails then difficult times short term..
IMHO!
Ghia
If there is a delay, that does raise the question of working capital. Therefore SNG
should care about the SP as if a placing is required the higher the better.
I actually think someone is propping up the SP. It was definitely being managed last Dec.
With repeated trades of 12,500. I also thought as we slipped yesterday, that someone had
bought enough to cover the drop... IMHO!