Time to buy or time to flee???, page-9

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saigontiger

298 Posts.

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18/01/17

09:43

Post #: 21964334
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Originally posted by itis what itis ↑

Tiger

Not sure what your motivation was for buying VLA and how you did it...but they probably look as good as they have for a long time.
-cashed up $41 million minus last quarter spend of $5 m...no capital raise required
-very promising results from clinical trials
-new substantial shareholder JCF Investments in December
-acquisitions still ongoing in the immunology sector

We are currently in the accumulation phase of the cycle which will probably see the price get down to $1 maybe. Kates right on the money with the current technical aspects...gap just under the dollar also.
Do you risk selling and maybe buying in at lower prices...if you have large number of shares this current phase is difficult to sell into without significant price falls. The reverse is the same, large buys in the run up, keep prices rising. Current price movement is normal for any ASX stock with little or no news.

I'll consider buying some of your package if you want to sell around the dollar mark...let me know.

Cheers

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Yep I will sell you my million shares for a dollar each just send me the cash to my Vietnam address and will drop the share certificate next time I'm in town!

VLA Price at posting: $1.16 Sentiment: None Disclosure: Held
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Time to buy or time to flee???, page-9

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