RE: What we have here…7 Aug 2024 21:20
There may be 130 odd million shares in ValiRx, but about 20 percent of those were issued just a few months ago at 6p each, so a rise of about 220 percent is needed for a fifth of all shares in issue just to break even. The money raised from those shares has largely gone, spent on salaries and day-to-day running costs, given a return of......nothing. in fact negative. The majority of negative posters on here live in the past simply because that was when there had been less dilution, less consolidations, and at least a glimmer of ultimately ill-founded hope that there might be some prospect of success. Or even income that exceeded expenses.