RE: T8 Aug 2019 21:01
langtro,
Valirx - Little cash and high wages and the lths may have maked out their averaging down pot of funds. They are doing another Investor Evening soon. Unless there is significant news soon they might have to consolidate yet again to get a share raise away as the nominal value of the shares is 0.1p. As they have recently stated (28/06 RNS):
'As previously announced, the Company's working capital position is dependent on new funds being made available to it and it continues to manage its working capital position carefully.'
To me that is a bigger red flag than I can wave but then again, I am risk averse at the moment.