Member Info for ojls

Does anyone subscribe to the idea that we will only get news on SGS/Arcadia once Igraine are back to trading? If so, what sort of timescales are we looking at as Igraine should have been back to business as normal over a month ago (accounts still overdue)

If that is the case, please accept my apology but that is rather odd.
I cant understand why Brent would be using a non-Vela domain? Why on earth would they have email domains set up to not use them?

I'm sorry but I am calling bull s**t on that gmail account. VELA have their own web domain so have no reason to be using a third party email provider.
The email address they have published is: info@velatechplc.com but I haven't had a response from anyone to don't know who is reviewing what is landing on the doormat.

Its official - we are -50% vs the closing price on the 8th September 2021. The board must be over the moon with what they have achieved!
Does anyone have any contact information for the Board or SGS?. I have tried the details on the website and had no response.
As much as I trust my initial investment decision and have built up a considerable holding (having averaged down quite a bit), the lack of info on the arcadia trials and the £2m sat in the bank is starting to irritate me a little.

He must know something!
The board are surely not going to sit on their hands and watch the share price continue to fall.
Plenty of news in the pipeline. It just seems to be taking an age to get the meaningful stuff into the public domain.

I stand corrected. That's a significant improvement on my backwards maths. Decent return for VELA although they will likely need to wait for the JP Jenkins listing before cashing in their chips.

I think the original offer from Boanerges was 75p per share for which VELA hold 71429 shares = £53571.75
I could be wrong on the numbers but on those figures the share price on our end is not going to respond in a positive way.

At that price I would say its a sale rather than a purchase. The majority of buying today is in the 0.59 and 0.60 range.
Its a real shame to see the share price at this level. Unfortunately a large portion of holders have clearly got bored as the majority of sells have been small amounts.
Expecting a hard bounce pretty soon as we are way oversold and have been for a week or two.

Ahahaha. If only.
25p would see me a profit just shy of £10m.
I'm confident JN can do the business but not quite that confident!

Have to agree with you Twisty. There has been a very sudden turn from "low sentiment" to "its a scam" and "i'm out!".
Funny thing is, nothing has changed at VELA. Money still in the bank and news still due on a number of fronts. I just hope no one sells based on the advice of these bulletin boards.

31486692 bought at 14:11
31486692 sold at 14:24
Someone just lost £1259.46 (Likely plus trading costs) in 13 minutes.

This is the issue with bulletin boards. Emotion starts leading the conversation in the absence of fact as we have no new information. Unfortunately the emotion on show right now is pretty negative, all while there are clearly buyers taking full advantage of the adverse sentiment.
Its simple - Remember why you invested and stick with it. The good days will come.

Despite the obvious frustration shared on this board the SP seems remarkably solid above .59/.60 and the last few days has seen a flurry of buys in the thousands of pounds rather than the usual beer money values so some are clearly confident in VELA's ability to deliver returns.
As previously stated, we have seen the sudden switch in sentiment on a few occasions this year resulting in 50-100% rises over the course of a few days. Its highly likely to happen again as the sellers dry up.
I am happy to wait until we see an RNS or two before committing more to my pot of VELA shares (currently rather a lot more than I first intended at this stage due to some averaging down).

It looks like the classic lack of news doom and gloom has set in today.
The reality is; JN rarely pumps out news unless its genuinely meaningful (it was exactly the same AAA and RDGC)
SGS are not going to release news unless they have a commercial deal tied up as there will be endless reams of legal papers blocking anything being released without approval of the licensee or invested organisations.

My view is that SGS would have made an announcement by now if AZD1656 was a bust.
In the meantime VELA's other investments are ticking over fairly reasonably given they are long term.

Happy to hold long term and enjoy what should be a very prosperous journey. If you happen to be in for a short term trade, the current SP is a bit of a bargain and we will likely see another spike in the not to distant future where you can make a quick 50%+

For those that a feeling a bit down beat about VELA, don't panic. We have been here before. It doesn't take much for the SP to start motoring northward and JN has always been tight lipped until meaningful news is ready to share with holders.
Patience is key. Don't go rainbow chasing as it will end in tears.

This is what is keeping me motivated. I think there is a pretty good chance we will see a sudden run of positive news that will propel the share price back above the 0.1 level (potentially this month).
In the short term we look way oversold with retail investors chasing rainbows or getting bored driving the recent drop. End result may be a sudden turn around in the coming week or two as short term holders run out of shares to sell.

I have taken another grands worth as we are primed for a breakout. No one selling is making money at this level.
We dodged a load of warrants last month which I think was a blessing in disguise as there will be little reason for the SP to slow down when we bounce.

Blimey. Someone just took a pounding.

Yes. £250k in 2020 followed by a further £66k in March 2021.
I don't remember seeing anything to suggest they had sold off any of their holding since the above were announced.

Its starting to look a bit silly at this level. Over the 20% of the MCAP is covered by cash in hand, AZD (via SGS) investment has been de-risked, existing investments are not doing too badly given they are long termers and the sell off this week has been driven by nothing more than beer money punters (in reality very little volume overall)

When the SP finally turns northward (my guess is within the next few trading sessions) we will see 50% plus over the course of a few days if not more with the help of an update.