RE: Could we16 Apr 2021 13:44
I think asking people's SP targets is pointless really..
Vela's fate (short- medium term), is entirely in the hands of the Covid trial results.
Positive results and any indication of a commercial collaboration will see multiples of this price..
Then the other investments will be seen as additional bonuses, until bigger reinvestments are made.
If the trial fails, this will plunge 30% at least imo, and the other Investments become somewhat irrelevant, in that they would need massive percentage uplifts to assuage a £2million calamity.
By the way, those saying that the trial will undoubtedly be your success because of positive soundbites to date are misguided.
If this is a double blind placebo trial, nothing will be revealed until all the data is analysed at once.
I've seen this twice with shares I've been in Evgen, when all indications was it would be a success - and it failed catastrophically, and SNG, where murmurings were that it might fail, and it was a monumental success.