Positives - what next29 Sep 2020 17:21
Short term history on Val shares - this period the shares hovered around 10p before a rapid increase to around 15/20p before dropping. Seems to have been a pattern to drop & rise again so perhaps that is the case.
Long term history shows the same however there must have been a few consolidations in there as cant imagine the price being that high. Based on all this even if I hold them the chances are it will hit a high again.
EXERCISE OF WARRANT 2/10
http://tools.euroland.com/tools/PressReleases/GetPressRelease/?ID=3821597&lang=en-GB&companycode=services
To my understanding these will be issued at 25p per share x 60k, with this in mind, why would the share price be above 25p as MM would instantly lose out however would allow a small gain at 30p. Similar to the 15p share warrants & similar pattern to the prices. Once the warrants executed the price shot up again. No doubt there will be 50p warrants in place too as seems a great way for Val to generate income & MM win too as more shares floating to sell.
Based on this alone I expect this to have caused the share rise to be able to exercise the warrants.
INVESTORS LOOK AT SHARE PRICES
Any potential investor/partner into Val201 will look at the share price so a low price would be no good to them. A highly traded share will look good & at a stable price. Bear in mind once they come on board the price rises it looks really good on them too.
DR DILLY
Did she purchase the shares to make a profit or perhaps to have as a loss against other gains (within this tax year) then to make the profit next year where other capital gains are low?
Likewise, she invested knowing the news released at Q3 was the same as the MM/SH all knew. Yet, kept the shares like other directors, not making a loss & not selling at the high price.
Bear this in mind, talks are about how they are looking for an investor/partner, Dr Dilly has kept her shares (other directors) WHY...
The news released in Q3 was no different to the news that we all knew that caused the spike so they knew before the release. Likewise, they would have been working with this data/info to negotiate a trade/partner behind the scenes & I would expect an announcement within the next few weeks.
Why else would they keep their shares or purchase as many based on the Q3 info?
They say they are looking for investors/partners but how far along the process are they.
FINAL THOUGHTS
Val 201 has come this far, why would they not take it to the next level.
Research without development.
How many other companies are under more pressure to deliver & how convenient is it to buy val201/301/401 to use on their products.