RE: Dose of Reality4 Oct 2023 16:38
Ps. I’m glad you got on the other side of the Big C, Everyone but everyone is affected in some way, we all have loved ones, relations and friends lost, that’s not in doubt.
But VAL is a business let’s not mistake that, it is not a charity, it has directors drawing big salaries and bonuses, it’s made horrendous decisions with investor cash, easy come, easy go, your money is not going on cures, it’s now building a lab of which there are zillions all over Europe and worldwide vast bulk loss making or just ticking over., its paying bonuses, £17k to Kevin, paying Suzy £160k a year, the money is not imo well managed or spent, I could go on. Handling of 201 is a total travesty, it’s been on the shelf gathering dust for years now.
The business needs a complete BOD change and significant cut to cash burn and a re-direction to the things that matter, not vanity projects.
Anyhow catch up after market close