The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Sounds good PM.
Hope it’s nearer 20p .shareholders will be pleased with 20p plus as then can invest in other shares . What’s the expression “ a cat in the hand is worth ..” ?
You think Theoremx are taking such a long time with 201
because they are considering making a bid for Val and therefore this takes longer ?
Sold the balance of my holding just now .
Had enough of the Ceo here.
Much better opps out there .
Will buy back in here if SuZy is ousted otherwise will watch from the distance .
Good luck all ,you deserve a change in fortunes .
As she knows every single shareholder wants a new CEO .
One of the new non execs worked at Northlands where I’m sure Mark Treharne worked .
So it’s very likely she will control the BOD with both non execs and Gerry voting with her .
Pointless letting the BOD pick a new Chair as that will strengthen SuZy’s position on the BOD.
I still hold shares so these moves are very worrying indeed
as I think with Suzy as Ceo we will all loose our money .
Whose going to back a raise of £2m with no revenues and no profits after this recq ? NOONE
IF SuZy leaves we can get more evaluations in and we all have a chance to recoup losses ..with her I’m afraid to say it’s game over .
So SuZy is proposing these 2 appointments having received a recquisition notice !!
She’s sticking two fingers up at the shareholders saying “just try and make BOD changes .”
We need to make a change . Do you know what the definition of insanity is ? Doing the same thing over and over again and expecting different results.unless we do something different,nothing is going to change.
No interest porky
While Kevin and SuZy are still here I have no interest in buying any more stock ..at ANY price .
They have destroyed share holder value .
They are lucky shareholders still believe in them .I DONT .
I am old !
I told the SH’s 201 wouldn’t happen 2 years ago !
I am now telling them last chance for change ..change to ceo or Chair position .
I will add if this happens . If not I will sell my remaining shares .
Have the SH’s got conviction or will they just accept raise ,spend ,rinse and repeat .
Got to hand it to SuZy ..she has made SH life a misery for 4 years yet she seems to have a job for life . SH’s are very very nice and don’t mind HUGE dilution to pay her salary and pay for her mistakes ..lucky lady !! Not accountable it seems .
Do we have to fall to to get a new Chairperson or Ceo ?
How much more non delivery b4 shareholders vote for a new Chair / ceo ?
Is the kings deal and a loss making lab over 3.5 years enough for us shareholders ?
How much more money do us shareholders have to lose before we get a new chair / ceo ?
Is it now or never ? Is it now or wait until the next hugely discounted share placing ?
I’ve had enough. Time for change please .
Porky ,you have always been the voice of reason .
You have called this absolutely correct .
I also called this in June 2022 and have a message to SuZy saying there was NO way theormx would deliver on 201. SuZy admitted that she has to deliver by June 2022.
I’m in shock that shareholders aren’t forcing either Kevin C or SuZy to resign .
I’ve no idea who the resolutions were calling for to resign but if the 2 of them are still in place in a few weeks time I think Val is doomed for ever .
With Stella departing if the resolutions are only calling for 2 new non execs then SuZy will
Still control the BOD. We need a new chair ,it’s imperative . 2 new non execs and a new chair . I wouldn’t mind a new non exec who has SH best interests at heart working with Martin Lampshire and a new Chair would be the best outcome .
I’ve been investing for over 40 years and I’m not the cleverest investor by a long way BUT I can tell if a management are delivering and whether they will deliver .
It’s time for change . It’s now or never . If shareholders back Kevin and SuZy to continue in their current roles I fear we will all lose everything .
It really is time for change . No downside to getting either a new chairperson or a new Ceo or both .
Why the hell are shareholders prepared to wait another month never mind another year ? Surely it’s plainly obvious the direction this is going ?
Porky ,thanks for all your posts ,you’ve nailed it .
I had a dream last night
I was on a call with Suzy and Theormx and it went like this (was a dream so was slightly unclear )
SuZy “ hi Patrick how’s it going ?”
Patrick “ it’s going really really well SuZy ,we have funders lined up for 201”
SuZy “ that’s great but you have been saying this for over 3 years !”
Patrick” I know I know but it really is imminent and as you know you’ve waited this long so what’s another 3 months ?”
SuZy “ but but if you let me down you have nothing to lose but I will lose my job cos I’ve told shareholders I’m seeing progress from you guys “
Patrick “ we only have nothing to lose cos you let us off monthly fees of 10k and you have never asked us for any payment to have exclusivity “
SuZy “ I’m not happy as I like To prove my doubters wrong . Please let me know by oct 2024 as if you don’t raise the necessary funds I will have to ask my shareholders to stump up money for my wages …again “
Patrick “ yes sorry I’ve let you down but what’s issuing 200m shares in Val between friends ..it’s only dilution !!”
Then I woke up and realised it was just a dream …or maybe a nightmare !!
SuZy promised us loads of news back in November .
We’ve heard very little .
With costs rising and no revenues coming in ,it’s time the Bod take stock in lieu of salary .
Shareholders have been funding Val for 3.5 years under SuZy and Kevin and I would say there shares been little progress.
This is a pivotal point . There is either BOD change or we get another 2 fund raises by end 2025 with 350m shares in issue by then imho :
OR we make changes to the BOD and at least we can all have some hope of recouping some losses .
For me it’s an easy decision but any further delays and shareholders will deserve to lose it all.