Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Good lad, you won't be disappointed. I always encourage anyone interested in investing here to follow Myles and read his research and then come to a decision if an investment here is for them. Most come to the conclusion after reading Myles research that this is very much a share that they want to be in for the next 12-24 months at least due to the amazing potential of this company!
Ah jonesrichard I see, had a look at his twitter and youre right! theres great content there, much value to be gained, I will be reading his 15 page report tonight! :)
Meant to wrote I'm not investing big like yourself
Great post RK, that was my concern yesterday seeing it as though it's falling and I'm investing big like yourself so for me the lower I can top up the better, but agree the AVCT game plan is not something of a quick money thing . Good luck all
Nothing sinister and MiFID compliant, here are the rules from LSE.
In relation to rule 3012, where two member firms agree at or prior to the time of the trade, the responsibility for trade reporting may be delegated to the other member firm.
The rule recognises that member firms may wish to delegate the trade reporting responsibility to the other member firm. This may arise where a member firm trades infrequently and hence wishes to always delegate the reporting process or where the non reporting member firm wishes to gain protection under the deferred publication facility but the reporting member firm does not.
(Amended N09/17 – effective 3 January 2018)
Standard trade report deadlines [3020-3021]
Where a trade is executed during the trade reporting period, a trade report shall be submitted to the trading system in accordance with the standard trade report deadline.
Guidance to Rule:
The trading system will immediately publish a trade report unless deferred
publication is requested (and the trade qualifies for a delay). (Amended N09/17 – effective 3 January 2018)
And these are the addressable concerns
A member firm shall not:
aggregate trades in order to qualify for treatment under the deferred publication facility; add subsequent trades to a deferred publication in order to increase its size; or
submit or agree to submit a correction for the sole purpose of re-reporting a trade in order to gain or extend a delay in publication.
Less technical explanation.....from FAQ’s
When can the deferred publication regime be used?
A member firm should only request deferred publication where the member firm is dealing on its own account (as principal) and the transaction is between the member firm and its customer.
How can I request deferred publication of a trade?
A member firm may request deferred publication of a trade by submitting a trade report with either the ‘OK’ (for an ordinary trade) or ‘NK’ (for a negotiated trade) trade type. MillenniumIT will determine whether a delay should be applied based on the relevant publication regime.
References..
Handbook
https://www.londonstockexchange.com/traders-and-brokers/rules-regulations/rules-lse.pdf
FAQ’s
https://www.londonstockexchange.com/traders-and-brokers/membership/faqs/rulebook-faq/rulebook-faqs.htm
Trade flags/types
https://www.londonstockexchange.com/prices-and-markets/prices-help/trade-type.htm
Trek
Global_2017, I was not worried, and I am not worried today. I have said all along this is a long term investment for me. In 12 to 24 months this is going to achieve amazing things or have been bought out by a large pharmaceutical giant.
If you read what I posted before about the potential for whichever AZ/GSK or another to take a stake as part of a partnership for the development of the program for therapeutics. If they are successful we could expect whichever to increase there stake and eventually buy the full business.
This may takes 24 months, but the resultant value for shareholders really will be in the £10 plus per share in my opinion as this as a market cap given the value it would offer would be small fry and be an exceptional value.
So those with a short term view coughing and spluttering all-day-long over these swings will be irrelevant.
So I am very happy. Yet again I bought into the drop today.
It is about the future... That is why you have to look at the presentation the company made - look at the slide with all the partnerships they have already! Then work out the value. People need to read and learn!!
Cheers, RK
Myles is respected because he has actually done extensive research in to this company so fellow genuine holders respect his views, deramp crew members/trolls on the other hand are not respected and have not done any research as that would involve reading and judging by the crew/trolls content on here today reading and researching is not something they par take in. xx
To be fair anyone in below £1 Is in a great position but with the tree shake people panicked and FOMO will kick in again and the cycle will continue
Why is Myles M****ly like a guru haha other than his big holding, not trying to be mean or anything, he clearly knows more than me but just curious lol, and has a cool name too
If coronavirus had never existed I would have still heavily invested in this company
It’s a no brainer
It’s a factor of things, I think first of all, society has really started acting like the virus no longer exists, especially from what we’ve seen in the news with the protests recently. That psychology and mindset can pass through to investors and especially impatient investors who are jumping from Covid stock to Covid stock.
Over time you will also have a lot of competition out there, and for the herd to really have come and taken over here, this test has come slightly too late. If you look at Synairgen for example, tons were piling expecting it to be the cure that would stop 800 deaths a day, we are now close to under 100 a day and the results of their trial won’t even be available till July, it’s all psychology, as soon as everyone heard that they ran off.
I probably should have referred to the short-term Covid bubble of people trying to double their money within days rather than long term company prospects. But I still stand with my original thought that Avacta is a long term play and anyone holding these shares in 12-24 months time will have seen a significant profit, but not everyone wants to hear that. They want to hear £5 next week, £10 next month, it just doesn’t work like that.
Myles tweet yesterday
Worldwide testing will only increase as the LFT technology becomes available. And I see very little risk from here for #AVCT in the commercialisation process of its own #COVID19 LFT.
More than ever, I see AVCT attaining a billion pound mkt cap in the not too distant future.
Interested to see why you think the COVID bubble has burst? (And this is in a nice way to open up some healthy discussion after today’s grim chat for the most part). I definitely think the hype is dying down and people are becoming more blasé about it. However, we now have to crack on with opening the economies back up. The fear of a second wave is there so surely if we get this test up and running, the demand will be huge for many players. Airlines, care homes, hospitals, immigration borders. Australia/NZ have strict entry requirements pre COViD so sure this will be another box on the entry form!
So many countries haven’t hit the peak who need affordable testing to go back to work. Look at India, 2nd biggest population and no state help there for people on lockdown who rely on manual labour. If you ain’t getting paid you starve. If we can get an affordable test out there, surely the revenues from that bolster the so here but I fully agree the real value is in the POTENTIAL fact that we have started to show the real value of Affimers as a versatile medical product.
Think I said here last week, the Covid bubble has burst, not just here but everywhere, the real play for Avacta is way beyond Covid, in the Cancer.
In my opinion this will hit £3-£4 eventually but right now the drop is expected, everyone is hoping between the different stocks, ODX, GDR etc. looking to double their money within a day and when news goes a bit silent, they jump ship and it's a domino effect.
I have a feeling we will go back down to the 100-110 reigon and that will become the bottom, I feel for those who jumped in at £2 but I think it's a little lesson a lot of people that you won't double your money in a week. Anyone who heard the last interview would have realised news was a few weeks away and a retrace was enivtable.
When the test is ready and deals start getting done, this will jump straight back to £2-2.50 because of the standard FOMO, so I would advise anyone with a heavy loss who bought at 180+ to just hold, once you sell that loss is realised, but if you hold, you still have the chance to make your money back and profit even.
It's a nuisance that we do eventually know all the trades, but not necessarily in the right order !!!
I topped up today as felt from the query raised yesterday when RK said he topped up I felt there was more to go down hence said aren't you worried this is falling further.
Today was played by MM's. Pretty scary how things can change and decisions made in selling it buying etc
Why so many late buys sells showing up ?.