Vectura Share Discussion Threads

[polaris] 20/3/2020 22:33

Looking at last 2 weeks, i would say it was opened on Friday 2 weeks ago or Monday early doors for the US. The share price fell off the cliff midweek so the short nets a minimum of £1 M, closer to £1.5 M.

[aceuk] 20/3/2020 21:08

Closing Polaris said, not opening

[qnq] 20/3/2020 20:14

that would be some weird hedge fund. first shorting b4 weekend then, paying spread 4 pence to short. besides, lse don't have uptick rule.
still interesting to know the source. maybe some pharma thinking to make a bo, before vectura's share price and the pound recover.

[polaris] 20/3/2020 19:08

My guess is it was a US-based short closing at best before the weekend, as the share price has been hit quite hard in the afternoons from the 90 p level.

[pooroldboy55] 20/3/2020 17:43

Just what I was thinking Paul very strange !!

[polaris] 20/3/2020 17:25

Well that's an interesting UT trade at ebd of auction. It is both large and way above the bid-offer spread...

[insideryou] 20/3/2020 08:07

Missed that carnival trade. 615 to 815 since posting. There are of course thousands of trades like these, so no great call.?

[best1467] 19/3/2020 17:28

Seems to be Some confidence that the P2 trial in progress could make a difference to Virus infection of the lungs that C19 causes in the people with underlying COPD issues pity it’s not VEC

[polaris] 19/3/2020 13:35

Date/volume/price paid/trade value/total value/shares bought/average price/shares in issue
19/03/2020 83805 63.2252 £52,985.88 £9,999,906.76 11370520 0.8795 604,261,140

My spreadsheet entry for today. I would say that it marks the last part of tranche 1, as only £90odd left.

[base7] 18/3/2020 23:02

The definition of value has changed dramatically over the last 2/3 weeks for most asset classes & I would accept 100p gladly now for my holding ,while obviously I would be delighted with more .All bets are off until The Virus is considered to be under control

[cockneytrader] 18/3/2020 22:54

Why is Vectura only worth £1 to an outside interest?

[cockneytrader] 18/3/2020 22:50

One of the problems with gold is that in a time of crisis a central bank may have to sell its gold. What's to stop America, Germany, France or Italy (the 4 largest holders) selling gold? If they have no intention of selling some in a crisis then what is it's purpose?

[base7] 18/3/2020 21:48

I would rather that Vec was the bolt from a much larger company who would exploit our IP,merge R & D dept with theirs & the addition of Vec would immediately generate cash flow,apart from expected milestones & Gsk pay out -cheap @ 100p,even in these Markets

[insideryou] 18/3/2020 15:57

The naked shorting and blatant manipulation of the metals, gold and silver especially that concerns me.. The market can stay irrational longer than we can stay liquid or sane...in a fair world gold and silver should have gone vertical?? Why the disconnect?

[polaris] 18/3/2020 14:27

Traded back out of the position here for a small gain.

I see the real defensives spiked over last couple of days, particularly supermarkets.

I'm positive on gold for the simple reason that all this paper stimulus must devalue currencies at some point. That has been true for the GBP but not that much for the dollar, which is the important currency for gold and gold miners. That game of currency musical chairs is getting to the endgame and when it blows up it is not going to be pretty. It'll be the miners bull run of 2009-2011 on steroids.

[insideryou] 18/3/2020 13:25

Fres is always on my radar, yet unloved for ever it would seem.

[pooroldboy55] 18/3/2020 09:13

Paul
Have a look at VEC seems to fit with what your saying.
Andrew

[insideryou] 18/3/2020 08:19

Look at carnival once and if they get a handle on this...still in its infancy, I believe however. The markets are always ahead of the curve in terms of the future outlook, and those markets are clear. Loads more pain to come... Which sectors are you looking at Paul.?

[cockneytrader] 18/3/2020 07:35

End of world halted thanks to favipiravir by Fujifilm.

[rogerrail] 18/3/2020 07:33

Good point, they should take a look at Circassia, capitalised at £60m with a decent revenue stream.

[polaris] 17/3/2020 21:05

If you have cash then you can pick up the distressed assets for peanuts. Good companies know this as the economic cycle tends to repeat.

It does make me wonder if VEC have any small bolt-on plans. Even after tranche 2 of the buyback they will still have 11 p or so per share in cash.