Anyone interested in VTB .. ex Tornado group ?

Every body is waiting for the results (overdue), an update on what the heck the Company is up to (no news since last year), and the results of the BLZ/O2 trial.
All of which must come to a head shortly. The price has been subdued by two ex-directors (booted out at the tornado takeover/re-organisation) flogging a few shares.

I take it you have been buying since you started this thread Currypasty.

If they were in trouble, I doubt if they would have added the Australian company. I also understood they had a fair bit of cash in the bank last year and the burn had been stopped, that should have left them with about 2m in the bank I estimated.

Please correct me if I am wrong.

Could it be that the directors that were "booted out" are short of cash as I understand they still hold a considerable number. If they were concerned, would they have not sold out at any price rather than wait in the hope that at least part of the holding they retain will rise once news comes out.
Could it be that the new team have hoped they would have to sell to make it more liquid, hence the delay in announcements of results.

As they announce news they could put in a big buy order as they will be free to do this I understand.

The rumour is that avery big deal is around the corner.

I only purchased a small quanity in the hope of a high reward.

If you have any more views I would be gratefull currypasty.