Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On December 5, I was lambasted by Bulletin Board Morons for being beastly to ValiRX (VAL) – the 0.285p in the middle (down by 98% under current management). Apparently I did not understand the science.
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Comments
john g
from advfn :
timbo003 18 Dec’14 – 09:12 – 2320 of 2332 1 0
I was offered the opportunity to participate it the placing, but declined, even though it would have qualified for a 30% discount (effective purchase price 0.14p/share) through EIS tax reliefs. The company really should be listed under paper and printing, rather than pharmaceuticals.
I suppose the only comfort for shareholders, is that this time around, at least the well paid directors have dipped into their wallets (albeit not in a big way).
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timbo003 18 Dec’14 – 09:22 – 2321 of 2332 1 0
BTW, they were looking to raise up to £2M, so the take up appears to have been very poor (not surprisingly).