IDEAS TO SHARE WITH VAL BOARD. PLEASE ADD YOURS23 May 2020 15:02
POINT 1. The Board should consider collaboration using its products & technology on Covid-19 therapeutics /vaccine and put this out to the market
Many bio firms like TILS, have raced to re-purpose their portfolio trial drugs for covid use and the shares became 10 beggar stocks within weeks. Others like E-therapeutics have put out a mere RNS to say if there is anyone interested in collaboration, we are available and the market has rewarded those companies. Our board should seriously consider such options. There is no cost to the company except an RNS announcement charge which is around £100.
The Covid crisis window will soon disappear and only the fast acting, change embracing and visionary Boards have so far benefited. I hear the word "crisis" in Chinese is composed of two characters, the first signifying "danger" and the second "opportunity".
If additional resources are required, many shareholders would be very supportive of a share raise at a much higher share price than the current one!