Member Info for theAccountant

Are they sells?!

That's the scary thing...further dilution as the CLNs are executed.

It's a sad reality but the truth.

@MrIndia - I know you are trying to look for positives but unfortunately there are not many at this stage. As an investor, the current market cap is maybe a true reflection of the company's value. The 35% drop is due to the GlobalCo not taking the option (it's a valid drop) as we were trading in the 8p/9p range as we were optimistic and hopeful of being associated with Eli Lilly.

Hopefully you are not sitting on too much of a loss. I'd say just ride this out and come back in two years or so.

All the best.

@serendipity - my thoughts exactly on your comment "if CDX was a commercial winner the globalco (who know CDX inside out) would have made a competitive bid. "

I think Eli Lilly might have seen his tweets hence deciding not to proceed with the option.

He is left with a pie in his face hence didn't elaborate on the comment! Embarrassing, shambles and most definitely lacking any professionalism and integrity.

"We are pleased with the progress of our negotiations with GlobalCo and their continued interest in working with Hemogenyx Pharmaceuticals. We look forward to advancing our CDX antibody to clinical trials."

Vlad could have put a bit more detail into this comment. His commercial and business acumen really surprises me given he is the CEO of a listed company. What is he actually pleased about??? And don't get me started on his tweets.....

Really cannot comprehend today's news given the positivity in the last few months esp as GlobalCo have been working with us for a while. The most frustrating aspect of investing in a pharma company is that these types of investments are really long term and I believe will take a while to recover from today.

All the best.

He didn't buy any at 9p - it was an option to buy at some point in the future.

Delayed trade - A buy

13-Apr-21 16:41:22 0.07285 21,000,000 Sell* 0.07 0.08 15.30k

I manage to top up too.

Very informative posts and links @hfb - thank you for your continued posts and detailed research.

Happy with the update.

The market is for the patient. If you cannot be patient, the solution is simple...sell.

@Panamabob and @hopingforbags (and other COPL'ers too)

Let's hope this is the next COPL. I have been trading (and investing) in BOIL since the last summer but the RNS a few weeks ago is really exciting. I got into COPL after the dispute with Essar was resolved hence I am building a stake in BOIL at these prices so I do not regret into an oiler too late.

Good luck all.

Profits of £417k and cash of c£2.1m as at end of March 2021.

Both. I have two pots for VELA.

I have one pot for trading and one for long term investment.

Hi all, I have been trading VELA and I am still in it with a significant holding. Based on my experience in investing, I believe it will start rising significantly prior to the clinical results timeline. I trust in JN as a fellow accountant who worked his wonders at AAA.

Continue to build your stakes chaps!

What impact do you think the placing of new shares will have on the share price?

Much appreciated @jackpack, VacationFund and MNN.

It is certainly an exciting proposition based on what I've reviewed so far. The only issue or question I have is regarding future funding and possible dilution. I guess none of us can provide any reassuring comfort around that.

All the best.