CRT have monitored the deal deal imminent.2 Oct 2023 13:55
Entire BOD involved plus CRT and many others. Porky lost all his money on 4D now skint been here 2 years posting rubbish.
Valirx doesn't need a placing when the deal completes which it will shortly. Cash burn is far less than 2.4 million as you include purchase of assets to mislead investors. Bad loser.
Approx 2 million cash over 12 months, warrants from 14p, plus lab contracts. The lab contracts should reduce cash burn to just over a million a year which is low.
Potential 100-500 million 201 deal if you include royalty payments and the 65 million pounds payment.