RE: RNS26 Apr 2022 12:41
I think the SP decline, lack of comms and SGS selling their Vela shares has made us all very negative towards the BOD, me included, especially towards Brent/the postman. I certainly regret loading up with an average of 0.07p. However, the last few RNS are keeping me invested. Our investment in Igraine and now a PR company to look after our communications. Also, only a matter of a few weeks ago, our CEO came out with the following.
We are pleased that the latest analysis of the results of the study of the application of the AZD1656 treatment is sufficiently encouraging to result in active engagement with potential commercial partners; and thus to vindicate our decision to invest. We remain confident that the AZD1656 treatment has the potential to show a healthy return for SGSC and therefore for Vela."
Would he really be coming out with such statements if SGS was about to declare the trial a dud. Surely, he himself has had discussions with SGS and knows what is happening. Will be very annoying if we have to wait till September, but I have been here well over 18 months. Will wait another 5 months and see what happens.