Member Info for MickR

News will come when it comes.
Two other things noteworthy:
1) AstraZeneca is behind the trial drug so a commercial deal could involve AstraZeneca.
2) vela has been trading in this 0.07p to 0.08p range since November 2020, it is about time it moves up and breaks the 0.08p resistance having consolidated at this price range for so long.

What else has JN got up his sleeve?
Excellent posts by Reprobus, hoping for bags and others.

I just noticed that the primary completion date of the trial was 25 April and the actual completion date was 12 May, so it seems that they are 3 weeks or so ahead of schedule as they had previously said they expected all patients to have completed the study by mid May?

18 Dec RNS also important re commercial deal:

“...This gives AZD1656 longevity as a treatment beyond the current pandemic. AZD1656 is an orally available tablet that is stable at room temperature, making it suitable for use around the world. Furthermore, should the trial be successful, we expect to agree a commercial deal with a partner almost immediately."

https://clinicaltrials.gov/ct2/show/NCT04516759

Positive reading. DYOR

I held 40m of these at roughly 0.04p average, now holding 10m until year end at least.

Price holding firm today despite many sells of 10m plus clips ....looks like the old boy is stirring. Initial Arcadia results due imminently and all indications look positive. Positive news could easily see this bag or double bag in a day.

DYOR

Wilfred don't think the settlement is priced into the market cap.

Blue skies ahead. Anything under 2p is a bargain. Can easily hit 4p in a flash with the heavy buying and positive news.

DYOR

Looks like good news could be on the way. Back over 2p we go today IMO.

Bloodbath...back to 0.10p?

How many got spooked by mcadder and his 0.50p predictions last week? I managed to buy 1m shares at 0.70p!

This has to be company making news and reminds me of NCYT when it was at the sub 20p level before it went on to hit £12 in the space of a few months:

"Subject to the results of the work undertaken these MTAs represent a significant first step towards more formal collaborations. In addition to the two MTAs signed, the Company continues in dialogue with other parties with a view to entering into more MTAs."

30p would be good. Solid buying.

March to 50p has begun IMO.

Ouch.

IMO...DYOR...Mali Licence will take us there easily helped by today's news.

Now it all makes sense.

Unfortunately price looks weak today. More orders being filled or news not imminent perhaps?

Hope it doesn’t drop back to 0.25p as it did this morning.

Buying for 1.7p is good value, I am expecting a sharp rebound up as the sells are absorbed by buyers.

2p by tomorrow IMO for those looking to trade the swing? DYOR

Time to buy..Looking good value at 1.7p to buy. Remember last week people were scrambling to buy for over 3p.

I have a feeling we will see a lot of Crypto money coming into resource stocks such as Kodal. 1p will only be a £150m market cap. Let's get Musk's attention.

DYOR

Well done to all those that managed to buy at 0.25p on the shake.