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Hi Qd22, I cant claim to be an expert, but my thoughts on your questions are as follows, My concern is based on 1. The 10 to 25% spread there has been since December. Varying enormously, but usually over 20%. Are they trying to restrict trading, and so hold down the price? I think there are not a lot of shares floating about therefore to protect themselves against loosing money the MM's are keeping a wide spread when compared to a blue chip such as Lloyds. 2. The quoted SP has frequently been outside the ask to bid spread. What does THAT mean? As above if it is nonsense info it may be to restrict trading. I think when you buy or sell as the spread is so wide you get offered a price and then you need to make up your mind on whether to trade. I don't think the MM's will want to restrict trading as they will aim to make a margin on any trade. 3. I may be wrong, this is where I am certainly out of my depth, but it has seemed to me that while since December the company has certainly been a going concern, it has been valued at way, way, way below the value of its very valuable and saleable assets. I think the value reflects the fact they are loosing money still and although the launch risk is gone there is still significant risk. Valuations are in my opinion based on many things and until there is evidence of increased sales the price could stay depressed. 4. Last night I watched the launch through from lift off to after the separation and after the successful separation the relief of the faces of the Avanti team was very very obvious. So clearly a great deal hung on it. OK, there is still a way to go, but it looks like they are over the biggest hurdle. Any asset is always at some kind of risk, but that on HYLAS 4 has just decreased enormously. Did they say that it would more than double Avanti's capacity? And that capacity is what they sell. Yet the SP has not moved an inch. It was interesting viewing, I too thought the price would have moved a bit today but hey that's life. Good luck hope my answers were of use.
Avanti have been trading for years. Their largest problem is that they can't sell their capacity at a level that makes money and there are other established operators selling capacity competing with them. Their existing fleet is under utilised as can be seen from all of their financial reports. Adding more capacity only makes sense if they identify a market to sell it, if that market can afford to buy it. They seem to be hoping that Africa is that new market, which is logical given that it is underserved and has poor infrastructure which therefore favours satellite over fibre.
Right. First let me repeat what I have said before: I am NOT an experienced investor. I don't mind making a fool of myself. So those of you who like to troll and slang can do so all you want, I don't care. :)). But the BENEFIT of your experience would be preferable. Personally, I am learning, sometimes painfully, sometimes not, but I have not worked in finance and cannot suddenly magic 40 years of city experience. So I would really appreciate the experience of those of you who have it. My concern is based on 1. The 10 to 25% spread there has been since December. Varying enormously, but usually over 20%. Are they trying to restrict trading, and so hold down the price? 2. The quoted SP has frequently been outside the ask to bid spread. What does THAT mean? As above if it is nonsense info it may be to restrict trading. 3. I may be wrong, this is where I am certainly out of my depth, but it has seemed to me that while since December the company has certainly been a going concern, it has been valued at way, way, way below the value of its very valuable and saleable assets. 4. Last night I watched the launch through from lift off to after the separation and after the successful separation the relief of the faces of the Avanti team was very very obvious. So clearly a great deal hung on it. OK, there is still a way to go, but it looks like they are over the biggest hurdle. Any asset is always at some kind of risk, but that on HYLAS 4 has just decreased enormously. Did they say that it would more than double Avanti's capacity? And that capacity is what they sell. Yet the SP has not moved an inch. For me these all raise question marks. I don't know what the possibilities are - there may be many - but I wonder if one of them is that once the financial thing is finalised the shareholders will be in a position to take it private. I don't know how that works, my first guess is that we original PI's get some sort of compulsory purchase at the going SP. That would mean that those of you who have held this share a long time and kept the faith, and even supported the company by topping up and averaging down, would be being ripped off BIG TIME. The (American?) bondholder/shareholders would be getting a very valuable asset for peanuts. Yet another carve up. If this isn't total nonsense how do we test it? Thanks for listening. PS. And what is this second RNS today? It's for the bondholders and I don't understand it, but it may be significant that it comes out the moment the successful launch has happened.
Only 4 trades reported so far this morning. Both the buys and the sells, two of each, are well up on yesterday afternoons trades . So I don't quite get where this slight fall in the headline price has come from. Never mind, it's only four small trades. The prices have been very strange for a while. A waiting game.
You dont say!
Don’t think I will get my £4 per share back
Latin America !?? Didn't realise we could reach there as well. Another little bonus !
Fantastic News !! That's a huge weight off the shoulders of our investors especially the ex-Bond Holders ! Well done Avanti....! A massive risk factor removed.
Glad to hear and watch the successful launch. Although it'll take some time before Hylas 4 is ready for business I would have thought the successful launch would have bumped the share price up slightly. A launch is not a straightforward process!
And away
“The 8,928-pound (4,050-kilogram) satellite is based on Orbital ATK’s GEOStar 3 spacecraft platform. It carries a hydrazine-fueled thruster to conduct five major orbit-raising burns over the next 10 days, followed by the extension of the satellite’s power-generating solar panels to their full span April 15. Testing of the Hylas 4 satellite’s Ka-band telecom payload will begin April 19.” ... then after doubled in-orbit capacity for Avanti!
google etc input 'Avanti launch successful - YouTube'
Nice clean launch and separation, now comes the set up, onwards and upwards.....
Hylas 4 successful launch. Congratulations Avanti. Watched it live on our smart tele. Amazing
Excellent news.
Well done Avanti.
....successful. Weeks of manoeuvres and tests now. But clearly a lot of relief when separation achieved. Great!
The bird has flown the nest amazing to see . Congrats Avanti here’s to a new and exciting chapter .
All going well
Blast OFF HAS HAPPEN
Since there’s been no more information on the payload hylas 4 is still on a chemical projection and will only take 10 days to enter its fixed location in orbit give 10 days to configure the equipment worst case scenario would be the end of April new clients may . Dyor .
The share price should improve after the satellite is placed in orbit successfully and commissioning is completed. The process takes time
Looks to me someone is deliberately dumping to buy big and boost the launch I’m not expecting any rise today but with the rns of a successful launch if you can top up on the low which will be 9-10p
People selling just before launch. I know it�s small sells but they can only sell what people will buy. I just get the feeling that there is a big seller in the background .
Slonky, If we knew the answer we would all be rich, I think a successful launch removes one big risk the Company currently faces but if it is successful they do still need to do the important bit which is sell the capacity on Hylas 4 at a price which is cash generative. GLA and hope it goes well tonight.