Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Possibly the biggest single trade i recall on Val, certainly in recent years unless someone knows better.....interesting to say the least!!
As for the drop today, lets not forget this is a traders market full of 10%'ers, most of the incoming money yesterday would be from the same, who left it in in case of an RNS this morning, then promptly removed when it didn't arrive....lets also hope they miss out when it does!
Expecting a nice recovery this quarter.
Hardly surprising at this ludicrous Mcap, been adding myself.
Yes, but its often the other way round and doesn't go up 7%+ does it eh!
Mcap is ludicrous for pipeline v status...as always
Were ridiculously undervalued, plain and simple.
Given the pipeline / development stage, a PH3 ready and PH1+2 cancer therapeutic, the market cap which is all its about is a farse. Has to correct at some point.
One assumes wrong. Map was only 21m when at 70p......we only had 30m shares in issue. The real question is how we can be worth half that now!!
RTO.....
People expect a fair Mcap......for once....like other Pharma'!
Well done Val, once again putting the doomsters to bed again.
As always, its all about the Mcap...V Pipeline / status, which is intriguing to say the least.
Whats Crest? how do you access?
And so it ends, and with it my investment!
With the inevitable and small placing completed, the breaks should be off this finally with fair value to follow. Company now has money with pipeline ready, patented and deal of sorts expected, as they mentioned, they have options on the table,,and we know self funding is not one of them. Pi's need to remind themselves of the multi billion � market we are going to commercialise in when considering the poxy 1m fund raise, LTH's should only be interested in the big picture and the serious money that follows.
Yes, fully invested with half of everything i have accumulated in life..and im middle aged! As others...the value of which, is not worth selling, when there is hope of reclaiming half back in years to come. To add insult to injury, thinking the bottom was finally met at 4.5's, i averaged down somewhat to below �1 !!!!!!! Only for it to slip into the 3's.....
I brought this up months ago, its all as clear as mud, and i see little growth potential outside of paying salaries, its just far to small fry! Now where was that new guy with his mates evaluation of MAGP?????....already sold out disillusioned i expect, maybe he got the evaluation......then sold out.
My thoughts exactly..unfortunately. Even a large contract will most likely not come with cash up front, thus will be treated by market as 'down the road' reward, which will not satisfy the need for a near term cash call, which as stated will probably be of enormous proportions given the low current SP. Thus the effect of said contract will be very short lived with most expecting it 'pre=placing' news!! Frustrating it is.
Anyone keeping an eye on the cash in bank and have a view?...tbh the current SP worries me less than the potential for a further placing. the SP can reverse back from where it came in a day..easy, the effects of a placing are both instant and permanent on LTH's though. I did a fag packet calc some time ago based on approx 1m burn a month and came to the conclusion that April would be a further cash call requirement ...the problem being placings are enormous here and the SP is a fraction of what was. Im guessing they would need approx another 5m, (50m shares) to last until some cash comes in via the UK contract later in Q4..any thoughts ??
Lol, I realise that, but would have thought they could tidy up the site to make it relevant to potential new investors though..especially as they were updating. Incidentally, last time I counted a month or so ago, ~75% of the shares were held by Large holders....now only ~50%??? Who dropped and where's the holding RNS????
Everyone holds more shares than is in circulation......Pointless!