The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Porky has saved a lot of people a lot of money ,me included .
Maybe you should thank him . That would be nice Teamhanz.
Thanks you porky . You have predicted this so well .
Many thanks . I’m the idiot for still holding some .
I think there is a correlation between share price ,delivering no revenues over 4 years AND the share price .
Shareholders are fuming imho and as we fall into the 3s it’s my opinion that they will oust her ..let’s see !
Situation here is dire and I actually think she will regret her £4k purchase as shareholders finally realise all her promises were hot air.
Last years Agm was a huge missed opportunity ..this years Agm maybe too late BUT maybe a last opportunity to salvage some value here .
I’m still long but thankful for your posts as it cemented my opinion and meant I sold a lot of stock at much higher levels .
Well done to Stella for getting out while she could .
We have some clever shareholders who I believe won’t suffer any more losses before taking the action to give their investment a chance.
Key question is ..ARE DIRECTORS ACCOUNTABLE???
Every time I see SuZy in a q and a and see her make continual promises which she knows she can’t deliver on I think she knows she has a job for life as Val ceo .
Every time I see SuZy buy £4k of shares I think she knows she has a job for life as Ceo .
Every time i see Val shares fall I think SuZy doesn’t care as I think she knows she has a job for life as CEO .
Until our shares fall in to the 3s…then I think she knows her job will be UNTENABLE.
Return again a few weeks before Val have to raise again ?!
That was a very well planned ramp !! Lol
Oh and the promise from Suzy last November at the q and a stating shareholders should expect a lot of decent newsflow !! Lol
We had 17m shares in issue when SuZy arrived
We now have 130m and likely to be 230m with another 6 months of SuZy running the show .
For SuZy and the Bod they will not care if there’s 1 billion shares in issue as they still get paid their salaries and bonuses whilst losing NO money as they hold so few shares .
Got to hand it to this BOD ,in any other industry they would NOT still be commanding c.500k in salaries .
Time to take some stock in lieu of salary ?
Then they WILL care .
Every day Val shares are falling .
Every day we are all losing even more money
The trust has gone .
No one will buy with this BOD in place .
Inflation is rising ,we all need to make money to survive this tricky economy and we are losing our money every day here whilst the Bod get paid for delivering nothing .
No news no RNS’s ,not even any promises any more .
V depressing to be honest . No lab contracts . Valirix should be making a difference by helping patients but no we have had no news or revenues coming in for months and months
I think if I listen to one more q and a I will literally vomit .
Thanks Neil.
Yes I’ve called it well so far .
I genuinely believe that if Suzy resigns while we have a decent amount of cash in the bank (ie in next 4 weeks )
then Valirx can be a. 5 to 10 bagger from here .
If she is still Ceo when we need to raise more funds I think our shares are doomed forever .
Key is she leaves asap.
So cos that’s your cost price you won’t sell below it ? Hmmm not a great risk management process !!
I feel like SuZy thinks share holders are the enemy ..and for that reason (amongst others ) she needs to hand over the reins to a new CEO.
Enough is enough.
Someone’s bought every day for 3 years ..hasn’t stopped the shares from falling from 33p (when SuZy tweeted “totally confident and unconcerned “ )to 4.7p.
Not saying we will fall in price from here (hope not !) just that we need changes or we will be in a 3p
To 6p range for 6 months and then another hugely discounted raise to pay for Bod salaries and bonuses .
I don’t think this BOD are stupid enough to allow an EGM cos then all this will be very public . SuZy will feel humiliated so I hope, for her, she sees sense .
Let’s see .
Agreed we will never get a decent return on the lab but will cost us millions in dilution .
DONT dilute current shareholders at a mkt cap of 5m to buy a lab which will never produce a profit of more than 250k with huge increases in staff cost etc .
Now we haven’t had enough money to get more evolutions .
It’s a shambles .