Down 15% I sure some have higher % loss. This will come good but they may need more finance at some point. That could happen on a higher price than today. Any positive news could make this pop 40% and then a grind up.
Good advice just staying long and strong. I am bullish as all of us are here. After I've made or lost money with my current AIM holdings thens that's me no more AIM. I work in the ME with a good job and I'm home to trade US markets every night which is where I make my extra income. I started as an investor but once those shares are sold cash will go into my trading pot.
It's difficult enough to make money at this game as it is, but your portfolio must be down 25% with the Avacta share dropping like it has. You might want to take a look at OMI, I'm up 106% on the cash I realized from selling most of my AVCT shares, but I intend to buy back in probably later in the year. Don't get me wrong, I am a huge fan of Avacta, but my money needs to work for me. I really hope that your strategy works for you.
Not had time to read it, but I think that the gist of it is what we all think, in that the potential is massive yet the sp doesn't reflect this. As I have said here before, until the money starts to roll in and it will, in vast quantities, the sp will stagnate. Fantastic time to buy though.
Small piece about Avacta in a long article about the Biotech companies to invest in for the future.Interesting to note that Abcam turns over £144 million and Avacta turns over £1.8 million. Gives you some idea of where Avacta will be one day! Bearing in mind that Avct's worst sp was about .5p, equivalent of 50p today, I can't think that the present sp has much further to fall. August/September may be buy back in time.
IMO there could well be a large deal very soon state side. With a pound being devalued it would make sense. All depends still think pound has lower to go. Main reason why FTSE is performing well is most company's export to US for dollars and drug cost will do well. Again just my opinion
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