RE: ARCADIA24 Mar 2021 19:30
Mubadala were involved with the Arcadia trial from the start and now they’re donating £800m into UK life sciences, which today has been officially signed off. I’d say that SGS receiving a cut of this investment is near enough 100% guaranteed.
Compared to all of Vela’s other investments JN has really gone in big here by investing £2.35m! It’s now extremely likely that AZD1656 will become a certified drug, fetching hundreds of millions in revenues worldwide, of which Vela will receive a nice slice.
To those saying that Vela cannot reach 1p, I implore you to crunch the number again.
Let’s not forget about the many other fantastic investments which this company is involved in too.
This is going to be a fantastic year for shareholders, and the current SP is an absolute gift.
Good luck all!