RE: MaxHSpringer27 Jun 2020 13:51
Borgie,
I've been in VAL off and on for the last few years!
Last time I was here was last year and when did ok when it went up. Where I sold. I was positive, but back then it seemed that alot wasn't right and walked away because there was something.
True enough there was another placing and that just killed the business.
Let's be honest, as much as I am positive about investments I make, I am not a mug and if something doesn't smell right or the BOD don't seem to be on shareholders side, then you have to leave it! Same with food, if it smells off, it most likely is and is toxic, so leave it!
I'm currently not in ALGW and again, they've gone from 30m shares to over 150m shares and no beans to show for it. As well, in my experience, I found a small group that played all the other investors.
It goes up to about 2pish -2.5p and then races back down! And it's some people who say they have the scoup and blah blah blah.
I used to buy houses and I could make a phone call and get u to £500k in my bank account within. Couple of hours for cash buys and then remortgage them later on to pay back the facility.
So, if that's little old me, why is it that big wiggs from the city can't get a hold of $10m-$20m?
I could be wrong but maybe another placing over there or a pump rinse and repeat. For the sake of a few people I know over there, I hope it is positive for them.
However, contrast your ALGW's, AST's... And then look at what we have here. VAL has four lines of viable drugs (not just one or two supposed silver bullets), look at the new management team, look at the shareholder call to action, look at the material transfer agreement, look at the transparency here and you get a very different vibe!
That Vibe and shareholder community, that saved the business and is turning it well around will be the difference that to me spells success. And all we need is one of the four to get snapped up and that will make a huge positive impact for everyone here.
I might feel differently in a few months based on what ever facts are on the table at the time, but DYOR and I think you will agree!