Member Info for Unclejim

I agree that they just don't seem bothered in Vela. We have a sizeable amount of money just sat in the bank. Are they bothering to research and find more Codes. I would say their interests are else where. JN has thrown all our eggs into one basket. If the SGS trial is a bust the so will Velas SP for quite some time.

Is the well known Scitechdaily where we should now be getting all our offical news and updates from.

Also from the 18th December RNS. Its very clearly written that a deal would expected to be agreed almost immidiately. Once again, where is the mention of the peer review. SGS and Vela need to update us exactly what is happening. I stand by my original comment. The lack of an update is a disgrace from all involved.

This gives AZD1656 longevity as a treatment beyond the current pandemic. AZD1656 is an orally available tablet that is stable at room temperature, making it suitable for use around the world. Furthermore, should the trial be successful, we expect to agree a commercial deal with a partner almost immediately."

Where exactly in the below RNS has a peer review Neen mentioned.

Further to the update released by Vela on 6 September 2021, the Board of Vela has been informed by St George Street Capital ("SGSC") that, following receipt of the final data from the ARCADIA Phase II clinical trial, SGSC will immediately start to undertake commercial discussions with potential licensees and/or fundraise for further clinical trials to investigate SGS002 ("the Asset") in a larger study. Further analysis to determine the precise nature of the biological effects of the Asset that explain the observed clinical outcomes will also be conducted.

Code is certainly performing well so far. Exactly the kind of share I would not normally look at but JN obviously seen the potential.
Shame he is prehistoric with his communication. Getting very bored waiting on anything from SGS as well. The lack of updates is shocking. Butter it up however you like but to have heard nothing from September is a disgrace.

I love your enthusiasm Max and your positive posts. The SP coukd hiwever got alot lower yet. Hopefully have some site money for when we bottom out

Great write up. There is hope yet then

This could go alot lower yet. The markets are getting hammered with the new variant. I am looking to top at some point as I believe UFO will be much higher by 2023.

Lack of patience. Most of us have been invested for 2 years since JN took over at Vela. The SP is already back at those levels and gets lower everyday. Exactly how long do you expect to give him?

Well this is turning out to be a beauty of a share. With almost 4 full trading days left this week this really could see 0.03p. This is not de-ramping but fact, since mid September i cant even remember a day we have been up. JN really is not the messiah and is proving to be a real dinosaur. To see such a dramatic loss in share price and say nothing is a joke.

Jimmy2011/Stephen. You still maintain that croda are going to be manufacturing AZD1656 and its worth 400 million.

I am so glad there is all this advise on here today.
I best sell out first thing now you have pointed out this is tanking.

This really is beyond a joke now. Apparently the people involved in the AZD1656 trial are highly successful and professional. If further tests are required then surely they would know by now.

I too have just been reviewing my investment and the performance of Vela and our 3 board members, correct me if I am wrong.

Garbage

Great find Bigdave13. How have we not seen this before. This is exactly the kind of news we should be being informed about. If, as the article says we are going to a stage 3 trial, then a rough time line would be good. Most of us are waiting for the next steps regarding the trial. I suspect the SP will will drop even further if they officially announce this news, a lot of LTH including myself are already bored of waiting.

I would like to hope that nobody buys or sells on advice from BBs, twitter or any other forms of social media. We are not really waiting for news on a number of fronts though. We are waiting on SGS to put us out our misery, good or bad.

Average of 0.078 for me and I will be out if we ever get above that again. Agree with all the below posts. It was always a educated gamble and most my investment had been made because of the JN connection 15 months ago.
I will leave approx 2 million in just incase but have no interest in a LTH. Feel we are just being ignored and the board have very little interest in the humble PI.
May change my approach if they do finally get news from SGS or a solid investment with the remaining 2 million in the bank.

Could not agree more. This is taken from the telegram group but directly copied and pasted from 18th December RNS. The SGS CEO said the below. So come on then, it was supposed to be successful so you could then sell your shares. Where is this partner?

This gives AZD1656 longevity as a treatment beyond the current pandemic. AZD1656 is an orally available tablet that is stable at room temperature, making it suitable for use around the world. Furthermore, should the trial be successful, we expect to agree a commercial deal with a partner almost immediately."

Take or leave.
I think I might leave it Stephen. It was funny last time listening to you ramblings about Croda.

2.7 million is a good wedge of money for a 10 million market cap company.
Looks like investors on the Mode BB are selling out and have had enough their. Twice we went in on that one.