Verona Pharma Share Discussion Threads

[tomgreg] 11/8/2020 14:51

Looking better in the US @ 8.62 - 68 - Equivalent of 82-83 right now.

[shakin not stirred] 11/8/2020 00:56

presuming even Timbo has sold up. At least in 2023 we will know if it is boom or busted.Disappointing however you wish to look at it unless you are smart enough to have traded it. I believe more pi's will dump once it gets over a quid knowing that you can buy back equivalent shares for 60% of the price in all reality.

[shakin not stirred] 11/8/2020 00:48

haff1
You have to laugh as the latest webcast reads not even Jam tomorrow anymore. Now managing to stretch this out to commercialization in 2023 to 2024. Having just totally diluted all shareholders even further at a pathetic placing price with huge costs incurred. This will rise to about £1 to £1.20 and USA equivalent to let the recent institutional investors exit with a decent profit and then drop down I expect to the placing price. Most manipulated stock ever. I will sell at £1 and then buy back in when the share price returns to placing amount or lower. Should think they now have enough capital raised to pay their salaries until 2023. Then expect them to take it private for less than £1. Watch and learn as my old man used to say. Follows same pattern and hence why very little interest from pi's. GLA if this goes above £1.20 I am out for good. Worst pharma share I ever invested in and lets be honest the drug cannot be all that as still no partners of which we have always been talking to. it is like a circus.

[andymunchkin] 05/8/2020 14:52

shakin not stirred30 Jul '20 - 09:41 - 1322 of 1325
0 0 0
bbonsall. Each fund raise they have said that it is so that they are in a position of strength to negotiate and nothing yet so I do not expext any different. More likely they will go on their own and work the share price right down and then give a pittance and take it private.Your last paragraph would be true except the first global funding saw an army of ip lawyers etc etc look at the data room and they are all sitting on huge losses so what they invest actually means very little and certainly once the3 and 6 month figures are out and we see the salary drain on finances and probably large administrative costs as usual then we shall start to see the slide back to 45p. The placing. It will make no difference as the mm's will benefit and at the end of the day and next year they will raise it to 31 again and make a killing and then all the way back down again. Cannot believe that more investors have not sold if sold today you more than likely can buy back 50% more once it drops to 50p.This should slow drip till Friday.When does the new stock hit the market as that could be a bad day but if a slow drift down may avert the sudden massive percentage drop in share price Nothing really going to happen her until this time next year so a nice drip feed drop expected.I have seen placings made at higher prices than current share price but never with this company. Says it all.Confidence not there for whatever reason. Lack of investing from the big boy, however they may purchase once this drops to 50p again and then maybe not as they did not last time. They just seem to prefer their free options doled out by the company
———;——
IConcur

[pjm1162] 30/7/2020 16:37

Huge sell this was at over 100p, it still is now, 100% sure you'll see 50 soon

[haff1] 30/7/2020 10:27

Whow, Whow, Whow,.......... back to almost where we started from ... so absolutely no surprize and no change here then ...still jam tomorrow (and even the jam is now 10 years out of date!)

[shakin not stirred] 30/7/2020 09:42

31 should read £1

[shakin not stirred] 30/7/2020 09:41

bbonsall. Each fund raise they have said that it is so that they are in a position of strength to negotiate and nothing yet so I do not expext any different. More likely they will go on their own and work the share price right down and then give a pittance and take it private.Your last paragraph would be true except the first global funding saw an army of ip lawyers etc etc look at the data room and they are all sitting on huge losses so what they invest actually means very little and certainly once the3 and 6 month figures are out and we see the salary drain on finances and probably large administrative costs as usual then we shall start to see the slide back to 45p. The placing. It will make no difference as the mm's will benefit and at the end of the day and next year they will raise it to 31 again and make a killing and then all the way back down again. Cannot believe that more investors have not sold if sold today you more than likely can buy back 50% more once it drops to 50p.This should slow drip till Friday.When does the new stock hit the market as that could be a bad day but if a slow drift down may avert the sudden massive percentage drop in share price Nothing really going to happen her until this time next year so a nice drip feed drop expected.I have seen placings made at higher prices than current share price but never with this company. Says it all.Confidence not there for whatever reason. Lack of investing from the big boy, however they may purchase once this drops to 50p again and then maybe not as they did not last time. They just seem to prefer their free options doled out by the company.

[insideryou] 28/7/2020 17:39

I too am out. Huge mistake not to sell at 99p...oh well... Could well drift back to 50p where I will be a buyer again.

[bbonsall] 28/7/2020 12:29

Yes, all very frustrating! However, there could be more chance of a partnership announcement now VRP has a lot of cash behind it. There may be that sort of announcement that could come before next year’s trial results. Also, we might find that VRP are involved in helping Covid 19 patients with residual lung damage. There may be many different types of possible news to come In the near future.
Also, according to a poster on another board, institutions seem to be increasing holdings.
“Access Bio have bought 10.7% of the shares, R A Capital have bought 9.9% and Orbi Med have increased their % from 9.5 to 11% , New Enterprise increased from 9.3 to 9.9% of the shares -all in the last couple of weeks. These corporate investors wouldnt be taking on so much if theres a risk.”

[haff1] 28/7/2020 11:37

The usual and predictable false hope and ...yes down we go again .....

[shakin not stirred] 28/7/2020 10:56

Not surprising to see this has dropped back as was expected as fund raise is now completed and no news due to middle of next year so retrace fully expected to go back to price of 45p which was the placing price. Very low placing price and II's that took part in first global funding must be laughing at the opportunity to buy at this price. The closer this gets to the shares being admitted the further this share price will drop Resting point 45p if we are lucky we may see this hold at 50p till some results next year. I should have sold and bought back in. Tempted to even at this point as would make financial sense. A very long wait here and better opportunities lie in gold and silver mining companies at the minute. Big sells and reckon that any would be investors will wait until this gets much closer to the placing price of 45p. Should be there by end of month at this rate

[ih_752952] 24/7/2020 10:52

DNL =3x Approvals expected during next 2 months including an Orphan Drug with FDA decision on September 29 = CHEAPEST UK Biotech a potential 500%++ GEM

Diurnal Group (DNL) = MCap £38 M / Cash £15 M or enough untill early 2022 / LOTS of BIG milestones on the way = Still the MOST attractive and CHEAPEST pharma stock in UK has potential to run toward 200p very fast especially on approval of Alkindi in USA (expected in September) and Chronocort in Europe (expected in Q1 ) =STRONG BUY AGGRESSIVE a sleeping giant here .GL

Market Cap £38 million
Cash £15 million
Price 30p


Alkindi approval in Australia expected this Quarter
Alkindi approval in Israel expected this Quarter
FDA decision for Alkindi on September 29
EMA Decision for Chronocort expected in early Q1 2021

[tomgreg] 23/7/2020 17:38

I am a holder and have been since the pre-consolidation days. The volume in the US is much heavier than in the UK where at present it's 155,000 (which as the ADS are 8:1) is about 1.2m but where we only had about 63,000 the whole day. The US price is also 86-86.5 and yet the spread here is 80-85. Anyone have a view on why this might be?

[tomgreg] 22/7/2020 15:59

Once again these are better in the US even with the exchange rate at 1.2710 - now $9.08 - $9.16 equivalent of 89 - 90.

[tomgreg] 21/7/2020 17:19

These are still better in the US $8.85 - $8.95 - equivalent to 88 - 88.5. Had a few this morning after having been in these for years.

[tomgreg] 20/7/2020 14:46

These are $9.40 - $9.60 in the US - equivalent of 93 - 95

[iamgreat1] 20/7/2020 13:21

Maybe next year not now

[insideryou] 20/7/2020 13:17

Look at sng. Up 400% on copd drug which has proven to help covid sufferers survive and thrive... Verona in the field and looking to replicate sng success.

[haff1] 20/7/2020 13:10

...and here we see the usual pull back......

[bbonsall] 18/7/2020 14:00

The ADS price on NASDAQ last night reached the equivalent of £1.50 before gradually pulling back to match our close. Coincidence or what?!

[haff1] 18/7/2020 12:12

Lets hope this holds...

[mo7800] 18/7/2020 10:19

https://www.proactiveinvestors.co.uk/companies/news/924503/verona-pharma-swims-against-the-current-with-astonishing-fundraise-924503.html

[slicethepie] 18/7/2020 09:10

They should have used Primary bid that would have allowed smaller investors to participate like the directors did.