RE: Paulie3 IMO18 May 2019 13:23
Dracula, l would say its “hope” on where we are now and what could come next - LoI’s converted in to full contracts, 201 coming up trumps and with that get back to better valuations in line with other P2 bios.
The dilution is the fxcker here, because even if we get to £25mn market cap, thats only going to get us back to 3.5p which suits me personally, but unfortunately game over for many unless they average down which most don’t want to do now and you can see why, which leaves a core number of frustrated and angry investors and understandably too, just read this BB!
I’ve an average of 1p which l guess is not too bad, but l have my full quota and now just waiting to see what happens in the next 6 - 9 months.
What comforts do l take whilst l wait?
Firstly the science appears to work as why would all the compounds have progressed from discovery to PC to CT?
101 we await
Secondly, why have LoI been signed if there wasn’t a commercial opportunity? They would have been shelved otherwise
Thirdly, shxt deal or not VAL won’t go bust if they have funding which they do plus they don’t have to draw it all down.
ABO have a bad press in how they finance JV deals which ultimately is dilution, but surely if they are converting to stock rather than lending, then surely their interests are aligned with the success of VAL rather than its demise?
The hardest and most nervous bit is the waiting and trying to detract from your mind that the SP may not really reflect the commercial value of their compounds if all goes to plan, for example, what is a successful 201 likely to be worth if sign earlier as mooted at P1/2?
Trying to be balanced and impartial and don’t need to emphasise the negatives as that is repetitively posted
here for all to see. Trying to switch off too from the negative sentiment being posted on every BB and just wait for the RNS’s.
GLA and IMHO