Vascular Biogenics Ltd (VBLT)

[Valueinvestor12]

Yes, I am still holding my 50,000 shares since mid of 2016. They will do another offering after positive results but the offering will strengthen the balance sheet and make vblt stronger when it comes to a buy out by another pharma company. The more cash vblt has the higher prices per share will demand from the buy out. Think about it this way if vblt has no cash to operate their business the buyer will not pay much but if vblt has strong cash position then the buyers will offer more and more for the shares and vblt can act like the beautiful bride where the guys offer more thing to win her love. If vb 111 get positive results it can treat other cancers and a year or two down the road can become a huge company and demand higher and higher prices per share. GLTA