If we break the £0.005 barrier this week this will re rate back to where it belongs pre SGS commercial update to £0.007’s, this will be a fair valuation of Vela based on Net worth. If a commercial deal is done prior to end of Feb then we can wave goodbye to current SP and be seeing at least a 10 - 20 x multi bag on current SP
Just my opinion of course but I was confident of a re rate as the SP was way out of sync inline with our market value, anybody who bought in sub £0.004 well done, all LTH holders this is still a great chance to average down
Good luck all theduke
Thanks for sharing Topprize, I for one believe your email reply to be true, many others wouldn’t! I emailed Vela a few weeks back and got a similar response within 12 hours. Although there’s not a lot of detail what has been said is enough to allow shareholder imagination to think of the “bigger picture “, I’m hoping for SHS update before end of Q1 and I’m sure there will be many bitter sellers once the SP starts to reflect our current value….. here’s to a re rate back to the £0.0007’s before commercialisation! Who knows where the SP will get too once we here some positive news…
Good luck all…… theduke
Hi UncleJim, yeah I’m with you!
As far as we are still aware the trial is a success and we are awaiting commercialisation update from SGS, agreed we can only go off RNS updates etc!
By the way great top up for today, I too will be loading up on Monday am once I’ve freed up some other investment capital, my main reason is that the current SP is around 25% lower than our actually value even without SGS, so topping up at these levels will not result in a loss in the short to mid term…. I think the biggest problem we have is that the SP is not being allowed to run freely as and when we have a decent “BUY” day and my gut tells me this is down to the consolidation, as we all are, hoping for amazing news within next 2 weeks for me really, failing that we should see a re rate to equivalent of £0.007’s!
Yesterday the buys outnumbered the sells by nearly treble and the SP didn’t move at all! Today the sells outnumber the buys by treble and it’s dropped 10%! The SP is being held back and allowed to drop pre consolidation! We haven’t had any news since the slightly positive “successful” phase 2 trial results, I’m no Pharma expert but these things must take time to reach a commercial deal on! My personal opinion is this will turn positive once consolidation happens, at the miniute I can understand that boredom kicks in and drives people to sell but patience is key with this type of investment! Hoping for some news before end of January, if you can afford to buy in at this price I would be loading up not selling out we have a current liquidity value of around £6 mil and the share price doesn’t even reflect this currently forgetting even the potential for a 10 x minimum return on successful commercial returns from SGS should this go the way we need it too!
GL all
Theduke
Yet another day of buys outweighing sells, today buys outnumbered sells be nearly treble, this share price is being held back!! As previously mentioned by another person we are currently under valued even based on liquidity value! Of course I’m going to think of the positives I’m heavily invested in Vela but this has to turn positive post AGM, the SP took a huge hit post SGS dumping there considerable holding in Vela, we would be static around the 0.007’s pending further news…… just my opinion
Theduke
Evening all, as we get closer to the AGM and inevitable questions will be asked of to BOD, my opinion is that the share price is being held back until consolidation is either approved or not. I also believe the BOD will update shareholders of further news on investments / SGS within days of the AGM! I’ve held shares in Vela for some time now and yes equally as frustrated as all shareholders with the current SP, however I just can’t see the SGS investment being a dud!! There are too many high profile investors in that trial and I think we are maybe 2 months away from getting positive news on that! All in my humble opinion of course.
GL all, the Duke
Hi Groover, not sure why you think share consolidation is a negative, aside from losing out on the nearest 50 shares to whatever volume you have when they round it down, the share price vs volume is still the same once consolidation happens!! In my opinion this is a good think as it will reduce number of shares in issue and also attract higher profile investors, the share price will still move up or down in relation to shares purchased
GL LTH
The duke
Completely agree OjLS, like you im sure i have been here for some time now and could have taken a very healthy profit Q4 last year on the results of the phase 2 trials, instead i went with my gut which is that i believe this will come good at some point in Q1 this year. the current SP is not a true reflection of the market Cap for VELA and on the back of that if there is an opportunity to average down then this will likely generate a healthy return in the short term for PI's buying in now. My intentions are to free up some funds from other shares and to increase my holding here prior to the consolidation. i do feel that consolidation of shares will make this a more attractive proposition to larger investors.