Member Info for year1970

@ratcliffewriter I would not say "...It has spent the subelsequent 8 years or gathering dust. I'd call that a waste of time money and effort..." was a waste of money and effort. I am sure you know that not many clinical trials were successful so it was normal that happened, we all need to accept that. I was in Val since Val201 was still in pre clinical trial in 2009 until 2018 when I pulled out of Val completely.

You are investing in SCLP so you know that SCLP had great results from the clinical trials years ago but still could not get anywhere for such long time. If you follow SCLP closely then years ago SCLP was trading at almost 40p and after with great result it was hanging around 10-20p for such long time.

When VAL entered clinical trial for 201 the share price was still OK for a while until from nowhere it announced to run a parallel clinical trial on 401 as well, this compound was shelled for at least 10 years ago, and don't forget 401 was headed by Suzy. The share price started to tank because it needed to raise millions for 401 as well. For such a small company trying to run 2 clinical trials at the same time with no income was a big ask. In the end both 201 and 401 didn't get anywhere.

This company is very experienced of raising funds, they have been doing this for nearly 20 years very successfully on the pain of investors. it doesn't matter how much little the company is valued, they will be able to raise at anytime during the year. Keep pumping money in and sit there moaning.

With VAL don't be bothered to use the word INVEST, it doesn't exist here. Every dog will always have its day so with this share you can only trade whenever you see fit, if I can give an advice then it is best not to touch this share. I sold all my shares since 2017.

I was in this share from 2009 until 2018 (still have some left actually), from the time I joined when the share was around 0.60p and now it is worth probably 0.000xxx something, dilution after dilution. I have only one thing to say about this share, IF YOU ARE NOT A TRADER THEN STAY MILES MILES AWAY FROM THIS SHARE. I used to hate deramper but many of you should thanks Porky9 and Lunatic (which I know them both for years ago).

RayPointer, for your baby share SCLP you must also admit that it is not doing well in the last 10 years at least, but at least the share price does not fluctuate a lot like VAL.

I haven't posted here or looking at the share price for at least 6 years. I was one of the first investors putting money into VAL at least 15 years ago with hopes after hopes, Suzi was useless and she was made to be director because there was no one else to take over, she was very much to blame for V401 failure.

Over years in the bio sectors I watched 3 shares VAL, SCLP and SAR. I think SCLP did not do great either considering they kept reporting great results after another and looking at their sp now it seems it has not been any great for years, at one point its sp was in the region of near 40p. The only share was actually returned value for money was SAR, unfortunately I didn't invest in that share. Before the raise back in 2013-2014, at one point its value was less than half of VAL, I cannot remember but the value was around 0.3p and now looks at the value. I think you guys should stay clear of VAL, this company should have shut down long time ago, Suzi is happy on the role as long as she gets paid.

Not sure of your question, but the bottom line is that consolidation is to make the sp more attractive and off from the bare minimum for trading and in Val case I think the minimum is 0.10p. For example about 5-6 years ago when Val sp was around 0.25p they did the consolidation and the price turned to around 30p after the consolidation. But they performed badly and after a few years the sp was flirting around 0.10p so that was why they did another consolidation recently. Basically, Val is one of the worst AIM shares , it has been constantly losing value over the years and that explained why many investors lost over 99% if they invested over 5-6 years ago. Hope that help.

If you invested in SAR 10-15 years ago you should now in good profit. SAR is one of only very few rare AIM shares doing ok over the years, most AIM shares just bring in the money for the directors, traders and mm. Unfortunately I never invest in SAR.

mathsprof, there are 2 things here:
1) If do8erman currently has 6 shares, he/she cannot even sell at lost because the trading platform taking their fee from the money they sold the shares for you, so the value of the shares is not enough to pay for the fee so they won't let you sell. do8erman does not have a choice here, either top up or just leave it there.
2) I was a bit confused, reading the post I thought do8erman initial bought 6 shares at the value of 12424.6667p each from 12-5 years ago, hence, it was my response from that understanding. But I started to follow VAL at least 10-11 years ago I am pretty sure it was in the range of 40-70p a share. So I am not convinced 93750 shares was bought at the time without remember it.

For a starter, you cannot even sell your initial 6 shares because the trading fee would be well over the value of your shares, so your 6 shares now probably worth less than 0.1p...hihihi, this val for you. In reality, you probably now own zero share as explained below:

You need to calculate like this, for example you initial bought 125 shares (doesn't matter how much it costed you, it could £100 per share or £1000 per share), for the sake of discussion Val decided to do share consolidation and each new share would equal to 125 old shares, so after the consolidation you would only OWN 1 share, full stop. Therefore, your case is very interesting because VAL has done a few share consolidations and most of them they converted 1 new share = 125 old shares, so you now own a lot lot lot of less than 1 share for sure, so probably nothing left.

I hope you understand why VAL has done few consolidations, but just in case you don't then the main reason for it is because it lost too much in value and almost to the minimum trading value of 0.10 (I guess), they cannot afford to let its value lower than that so they had to consolidate the shares.

Everything is new for you now.

Sambar, your comment is correct, but most of the boards need posters like iceman888. Like it or not iceman888 is an asset because believe me a lot of herbs are very naive, they just buy in from the comments of these posters without thinking, it is very easy to spot them because they always use capitals words in their posts. It cracked me up when iceman888 mentioned about using chart on AIM and predicted VAL would move more than £1 soon, it will never work with AIM.

I said the other day the final result of VAL201 won't move the sp very much because it was already revealed and the result was not that great anyway, also any new news won't be announced through a webcast, it has to be through rns channel. There will be a long way for VAL to go, you are probably looking at least few more years. To get a good deal is not easy, all the big boys and girls have learnt their lessons over the years because most of the time in the past all small deals did not succeed and it costed them billion of pounds, they will wait longer or if there is a deal then won't be a lot of money in the first place, I used to work for GlaxoWellome and Roche for nearly 10 years. But if you are a trader then any sp would have its good and bad days, ups and downs.

LittleWing, I recognised you years ago on this board, I didn't post a lot or comment on any post from Andrew444 or yourself in the past until now. My biggest loss in AIM is XTR, Colin was aware of what Jan did because he was chairman of the company and also they worked on various companies together. Anyway all the best to you too.

Teamhanz and Rightback, wake up guys, I know you two long time ago on this board. You should know by now that all the big boys/girls know exactly what VAL doing, they have access to VAL data before we know. The result of VAL201 was already out and any final result is just a formal written, sp may fluctuate -/+ 5-20% and no more. Don't listen to what iceman888 says, he is a nasty trader.

If anyone has been here long enough and Suzy's truth baby is val401 and this compound has been hanging around for around 15 years and is still going to no where. Sometime ago (cannot remember exactly but at least 1.5-2 years ago, please check through old rns(s) for this one) a rns announced Suzy was discussing with various potential partners about Val401 and since then nothing happened. All the best.

Andrew4444, few years ago when Colin took over CEO at XTR from the dodgy Jan Nelson you constantly defended all his dealings and even after 2 years down the road you still defended him and all he did was continuing the work from his mate Jan by raising funds after funds fo all his deals. He provided promises after promises and even now none materialised.

To be honest I am pleased to see now you are starting to cast doubt on Colin ability. Just think about it, this guy is the chairman and CEO of various AIM companies and none seems to go anywhere so he is in this market to make money for his personal gain. I was out of this company completely after Colin took over because I could not see the different between himself and Jan Nelson. Anyway I wish you and the rest on here with all the best. Stay away from any company where Colin is either chairman or CEO.

Luckybob23, If your Adam or Grace are confident is because they hope for another good pump for the result of val201, well it could be up a bit or no affect at all because the headline already priced in. Just pop over to sclp and have a look for yourself with their scb1. That compound finished for years with great results, better than what we currently have with val201 but they attracted none, people kept scratching their heads for the reasons and some are still asking over there. They only started to have a partner willing to take it further until recently but the deal was not lucrative as you would hope for.
So if no partner willing to engage then val201 is very much going to no where. Even if val managed to find a partner you would look for the phase 2 won't start until late next year or the year after, just see how long it has already taking the japanese to assess 301 and no word from it yet, then look forward for few more years before you have the result. Don't forget it has taken val almost 6 years just to about to complete phase 1/2 and we are not even there yet. All the best

HeresHopin, your explanation is not very helpful for anyone who is new to investing/trading...we all know there is always a buyer for each sell. Basically, most people aware that just looking at the red/blue trades is sometimes not accurate, it depends on the sell/buy price at the time of the spread. For example, if someone bought/sold the shares and if the executed price of the transaction was below the mid price of the spread then the trade is treated as sell otherwise it treated as a buy, it is generated by a computer system based on the spread at the time.

The best way to find out the actual price or if the trade was a buy/sell then do a dummy trade. Don't forget LSE usually gives at least 15mins delayed trades and sometimes it didn't even report a transaction, so for experienced invester/trader they hardly look at the trades on lSE, dummy trade would give you a good picture at the time. All the best.

iceman888, I understand all the charts but from my experience I find it is really hard to apply on AIM market and you have to actively checking your share(s) or at least put in stop loss or sell when it reaches certain high, you need to understand the stock you trade/invest in, the chart often doesn't work, especially with VAL. The problem with AIM market is they don't or rarely make any money, all is based on sentiment and any dog will have its day.

mathsprof, I absolutely agreed with you about SAR. I never invested in SAR but I have been watching this share for about 6-7 years and there were some periods the sp did reach around 2p or slightly higher and there times when it was worst at around 0.25-0.30p, and if I still remember correctly at one time VAL valued at least double the value of SAR (that was when SAR hit the bottom and VAL was sky high). But if you invested in SAR about 5-6 years ago and today even at worst scenario you would be only in slight small red, not too bad for a small AIM company and it is very rare to see. With VAL even the sp reached 500-1000p today, many investors still in deep red.

Since Suzy took over I believe she has been trying to follow SAR way of running the company, and not just SAR other bio company is doing the same, maybe they learnt from VAL mistakes. They let the partner pay for the trials and get commissions on milestones. All the best.

Teamhanz, I know you have been in this share long time but it seems you still don’t get it, let me tell you.
1) iIs val actually at the end of phase 1/2?
2) Assume the answer is yes then even before Suzy came along val always indicated they could not afford to do phase 2 by themselves anyway. So it is not a surprised to get a partner. So to get a partner, start phase 2 and to the end would be at least 3-4 years. Just pop over to sclp to see for yourself with their scb1 compound.

Btw, I wish you all the best, you deserve for better with all the pain. But I think still a very long way for val. But if you are trading then this is quite good time to trade val...

Rajbury, if you are honestly to say that then trust me you are a few who actually make money in aim market. Most people only tell when they win something but in general they do not make anything in aim market and majority are in red. Ohh yes, always good advice to trade/invest in many shares, never concentrate on one share, spread out your money.

Mr-Nobody, one more advice I can give you is that always, always put in a stop loss sell. For example, you need to automatically sell your shares if it dip more than 20-30%. Trust me, one day you will thanks me for give this advice. All the best and enough for today.

Teamhanz, obviously you have to completely disagree with me because you want to people to pump the money in, btw I know you quite well. Just imagine to get from where VAl201 today to the end pf phase 2 would be at least another 2-3 years, that is a the modest estimate, even that there is no guarantee of success. Also people keep barking about JV but what you don't realise is there would be nothing or very very little money from any JV. Why? Because they all have learnt their mistakes and they know it is a long short to get to anywhere.