Member Info for ojls

That's a little concerning. Lots of garbage fired about by TW but I dont like the idea that something underhand has been going on while shareholders have been locked in.

I have a sinking feeling we are going to get another extension. The lack of action from the BoD is a little embarrassing considering investors have been locked in for 2 years with very little comms and zero reward. Surely there must be something worth reporting!

Make that .40.
Come on VELA. Only another 100% to go and I am in the black :)

Buy just gone through at .38
Something brewing!

Something interesting is surely inbound. That's a very sudden uptick in interest in little old VELA! - Only another 150% and I am back in profit :)

Exclusivity with PET expires at the end of September. You would hope they have progressed with the due diligence by then to get the RTO finalised, however, they could also extend the exclusivity arrangement.... again!
Fingers crossed they can get this tied up soon. 2 years in suspension is a bit of a joke!

I genuinely think that without Laiker buying up a decent volume of shares and getting back on board, very little would have changed. Hopefully its the start of some real action. My only concern regarding a potential RTO is the timescales for completion are huge and I have seen too many go down the drain in recent years (Take a look at CZN for a good example of an RTO being delayed and delayed with holders locked in under suspension)

Most importantly - Come on VELA - My paper loss is currently catastrophic :)

Novus seem to be pushing a fair bit of content out via Twitter on behalf of VELA but its not much good if you are not a Twitter user (I am not sure whether there are any other channels they are currently making use of).
If you have any questions at any point they are fine to deal with over the phone, although naturally cant give away much info unless its been RNS'd.

Thanks THGambler for reminding everyone of the investment values. Unfortunately the BoD have remained quiet and allowed negativity to set in with investors old and new. The reality is we are valued at less than a cash shell despite having investments and cash to the value of over £4m. It really wouldnt take much to turn things around. I just wish they would do it rather than later as I am not nursing a significant paper loss (depite a lot of averaging down in recent weeks)!

I don't think anyone is suggesting that a 1000% rise here is on the cards. At least not without some significant news to drive the SP northwards (I think most would be very happy with 100% right now :) ).
Like yourself I have been here for for a couple of years (pre SGS) and have found the lack of positive news frustrating, however, it has presented me with the opportunity to average down and build up a fairly chunky pot of shares. The reason I keep buying is I know that VELA is a slow burner that will eventually turn with the pool of existing investments (unless AZD1656 turns out to be a commercial success at which point we all make a lot of money very quickly).
The more shares I pick up at this level the bigger the profit when things turn around.
As always, its only an opinion. I have picked some very good and very bad investments in years gone by.

Blimey folks. The misery has really taken hold here today.
VELA is far from dead and is currently valued very attractively despite the less than perfect investments and the long wait for news on AZD1656 (Try and find a listed org with a pool of investments with an MCAP of just 4mil).
It wont take much to light the fuse on this firework. I just hope that not too many retail investors will be talked out of their shares on the cheap before the rise.

Come on. Keep selling those shares cheap so I can keep topping up on the cheap!
Its been only a couple weeks since Laiker and Cooke had to notify VELA of their growing holdings. These guys are not buying to throw their money away. Something is in the pipeline to push them to make such significant buying decisions.
And before anyone shouts "ramper" - The holdings RNS's are there for all to see.

Unfortunately my average is significantly higher than yours thanks to me buying a large chunk pre SGS/AZD1656, however, being able to buy at this level is quickly lowering my average and presents a good opportunity to cash in when the news flow improves or our investments pick up.

That's another top up sorted while the MM's were being slightly less harsh with the spread.
Happy to keep loading up while shares are cheap. We are currently valued at a similar level to a cash shell so only need one or two investments to perk-up for there to be a justifiable rise. If AZD1656 turns out to be a winner then I stand to make significantly more than I expect! Either way, happy with the risk v reward at this level.

That may well have been me as I have been waiting for another opportunity to top up, however, I get the impression the MMs are hoovering up shares from retail investors on the cheap for a large buyer.
I have not been able to get a price at less than 0.28 despite shares being handed over as cheap as 0.25. A far bigger spread than what we were seeing a few weeks ago.

Rather irritatingly the MMs are willing to take shares at .26 but wont sell them back to the market at any less than 0.29. Come on guys I am looking for a cheap top up :)

Classic little drop today on very little information has led to retail investors giving away shares at a discount. An hour or two later we are back where we started with investors willing to fork out a few thousand pounds to take cheap shares while they can. All I can say is; "fair play".
At this level we are essentially valued as a cash shell with the added benefit of a portfolio of investments (not all good) and potentially big news on AZD1656 (although the Igraine resignations have completely baffled me on that front).
Time will tell but I reckon this is bargain basement with plenty of gains to be made!

A bit of a Googl-ing brings up a couple of potential candidates:
1) Chris Cooke of Time Partners / C5 Capital
2) Chris Cooke of Capital Futures
Looking at the information available online my money would be on the first of the two (although both I am sure have the knowledge and resources to amass the volumes published today) .
Either way. Its nice to see some very confident buying recently. If it wasn't for beer money retail investors bailing out on the cheap I am sure we would be at a far higher SP right now!

And we have another Holdings RNS denoting that someone has been loading up while small investors continue to hand over their shares at a huge discount. The movement of wealth from the impatient to the patient in action!

I agree to some extent, however, I fit into neither group particularly well having held since mid 2020 (pre SGS). I have luckily been able to average down a little but have a long way to go before I am in the black (hence not taking too kindly to being called a ramper). Its purely an opinion, but I think Laikers recent top-up is a good indication of potentially good news on the horizon. Lets face it, the BoD surely cant pick any more stinkers (even my poor attempts a trading AIM shares have done better in recent years!)