investors chronicle11 Aug 2017 14:21
Has really set this share alight. The IC Headline is a bit misleading....... room for "extremely" or "very" or both within the headline I reckon. I will but you 3 pints of ale bewise if a Major even takes any interest in us to the point of a takeover or 50/50 or more partnership as they have not been interested in us for the last seven years and no company has even offered a figure close to what the BOD feel is appropriate.(stated at last AGM) No I am on a winner if you wish to take the bet?. It is quite obvious why no major is interested.....firstly due to results have proven it really is not a stand alone drug, secondly nothing will happen till 2020 and then VRP will have spent too much for anyone to afford us and they will have to go alone or go bust as even the ii's will have had enough by then and lastly the CEO and BOD will not want to give up the cushy number to be under or in any way answerable to a major. You see a lot of negative understandably but it is what it is and that is how the state of play currently stands in my opinion. If what you suggest even had a sniff of a chance the sp would be double or treble this price . But my reasons are why this share price will stay at this level till 2020. Believe that we are probably looking for some new personnel to add to the team, maybe a rocket scientist or a politician or a neurologist. All three IMHO would be a help to the current team and at least help increase the cash burn,Bewise before you say negative, just you wait new addition/s to the Verona Pharma Team in the next 6 months. A sure fire certainty as that is all this company is capable of at this moment in time and for the two year foreseeable future. Maybe even a plumber that could stop the flow of money leaking out with no return for the shareholders of any miniscule benefit. Maybe they should even employ you as their PR consultant as you are an improvement on anything I have seen them yet release of any value IMHO.