RE: Value?26 Nov 2018 13:19
Tired
I sympathise but did you know at the time that it would be at least 5 years before you get a return?
Been invested in bio’s on AIM for sometime, but at IPO is a gamble on an impossible uphill climb.
Dilution is inevitable!
The good news is that commercialisation is now in VAL’s grasp after lots of hard work, just around the corner.
To have 4 compound with one on the cusp of commercialisation, 201 making headway and 101 plus 301 hopefully going to CT is remarkable!
Please can nobody play the joker card about salaries as this has been answered a million times. You have to pay the going rate to get the right balance of science expertise.
Maybe some should read the biographies of each director which clearly shows their experience and past successes in the science field.
So the positives - the science, the succesful trials and now ready to turn that hard work in to pounds and pence.
Negatives - dilution, although that could completely stop after a 401 deal, albeit the cash burn is reducing rapidally!