Member Info for ojls

Looks like the vultures are out today. Anything less than the current SP and VELA is heading for the equivalent value of a cash shell.
The board have been pretty hopeless recently but the company still has a value. In my opinion the SP could be double the existing value and represent a decent buying opportunity had it not been for the silence in SGS. Sadly too many investors bought off the back of the Arcadia trials hoping to be a millionaire within days/weeks and are now selling at a significant loss to chase rainbows elsewhere.
I'm certainly not selling yet. I have seen too many big bounces and missed the boat thanks to a lack of patience.

The guy is starting to look like a clown. All that experience in corporate finance but cant seem to explain his investment decisions or illustrate what the businesses plans for the future are.
(I will have even less respect for him if it turns out he has been conned out of £2.5m for the arcadia trial - mind you there are a lot of heavy hitters involved so you would hope their due diligence was half decent)

I think you might struggle getting in at that level given the existing SP is essentially mirroring the investment value + cash.
Unfortunately unlike many AIM shares we are not seeing the benefit of a value that mirrors "what could be" or "potential".
The BoD just need to communicate more/better! Like every investment business they have made good and bad decisions which they should stand by, rather than hiding,

Its potentially meaningless but has anyone else spotted the trades on the bell at 16:30 the last few days (value unknown but the sale price is either on or above ask).
Google says there was trade but nothing is showing up on LSE?!

PET suggested RTO completion in Q1.
1 month remaining.
Come on Mr Kainz, don't let us down. It's been a long wait for holders!

I hope we are not seeing a drop here today because people are trying to trade the bounce at SNG. It looks like a few have been caught out this afternoon after following the rampers screaming "get a bargain while you can!".
Its a shame to see retail investors loose cash, but some dont help themselves.
Anyway... back to VELA. Surely they must want to communicate something this week. Its all gone very quiet again and they know full well that shareholders are sick of the silence.

To the mooooon :)
Nice to see some action after another slow week.

The red or blue issue will go on for ever as it's not an exact science and most third parties reporting LSE numbers get it wrong.
Let's face it. This issue is the least of our worries. The share price should be no where near the current level. It wasn't that long ago we were at 1.14 with fewer investments and SGS news looking good.

I disagree with you on this. Although the UK gov are implementing plans to "live-with" the virus, it's still doing significant damage in less developed countries. The mortality rate in diabetics will also remain high so there will be a requirement for treatment for potentially many years. A minor infection for most of us can be a killer for those with underlying health conditions.

Last week's top.up at .39 is looking like another great decision!
Come on Brent earn your money and do something useful or resign.

The BoD need to get the best part of £2m invested into something else meaty for shareholders to get behind. One decent investment with a near term profit would help reassure investors and get us motoring back to the 0.1 mark.
I still find it strange that we have been sat on over £2m for so long (perhaps its being held for a further investment in AZD1656, however, I cant see shareholders being overjoyed by that given the garbage comms so far from SGS)

Sadly been here for rather a long time! (waiting very patiently having averaged down a fair bit)
I usually assume that someone is messing around on free trades but always happy to be proven wrong (and have been in the past).

911 trade made (looks like twice). Apparently means news is on the way.

Potentially driven by VELA selling a few shares to lock in profit? Its certainly not because of any adverse news.

I spotted this:
which "have" enabled...
That to me suggests that a deal has been achieved off the back of trial results!

I assume that a few folk got a bit excited and piled in yesterday knowing that it wont take much for the SP to rerate to more reasonable levels. Just a matter of time. Time for a little top up :)

We are now embarrassingly cheap and heading for cash shell territory here. Buy VELA -> flog the assets -> look for RTO opportunity.

The BoD have well and truly screwed up and I hope will get a real grilling at the agm.
Not one shareholder in profit and long term holders have been crippled in the last 3 months.

Nice to see another investments that on first impressions looks pretty good. Not that it will save Brent given voting for the agm closes tomorrow.
What's left in the bank. Getting on for £1m? (Get it spent). And most importantly, someone needs to give the team at SGS a kicking for the lack of comms. They are making a real pigs ear of the commercialisation process it seems!

Thanks for sharing. I truly hope that SGS start communicating positive news to the VELA board fairly soon. It is becoming incredibly frustrating watching retail investors run out of patience and decimate the SP.
I find it slightly strange how little insight the BoD have on SGS's progress despite the significant investment, however, the pharma industry is known for keeping quiet about new drug development and commercialisation as they naturally want to have the best drug that attracts the biggest income (keeping competitors in the dark who could launch a similar product).
Unfortunately for Brent the news might not come soon enough given there are only 3 trading days until the agm votes close.

On a personal note: I do think this will come good, sadly my timing was not so good so profit will be nowhere near as wonderful as for the folk buying at this level. (0.4-0.5).

I genuinely wasn't fussed about voting off Brent given the drop has mainly been caused by the SGS trials dragging on more than most expected, however, every day this drop goes on retail investors will be voting against his reappointment. No one is making money at this level. In fact I would hazard a guess that most investors barring the newbies buying recently are facing losses of of circa 50%. The guy is in real trouble if he cant pull something out of the bag this week.