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Bladey.....no probs nothing wrong with taking profit, by all in i mean i'm keeping all mine until the price i want to sell at is reached. Some people who believe really strongly in this company keep finding spare cash to top up which i understand derisks you from losses early on but i do wonder why they didn't invest it all earlier when sounding so convinced with the story. I put in the total i wanted to invest in 2 purchases and like i mentioned will hold for some time yet. I know with AIM like you say it can also go wrong and everyone should chose their investment strategy based on their own circumstances. I guess my bet has been placed to win as opposed to each way but with AIM if you do pick a winner the rewards can be immense.
@Chengdo, probably the most level headed post on this thread, All i'm doing is safeguarding some money. Why??... because i've been in a place before where promises were made and I fell for them... That was not a fkin nice place to be and I felt like a right coont. I'd like to say I'm wiser here now.. today.
I also agree with you in saying that Alistair is an honest guy from what I can gather... but he's less a businessman and more a scientist, but his advice in financial matters will come from sharks who will end up winning regardless of the outcome since they're only looking out for themselves.
@Mr.Spacetomato.. I've always said i'm a short to medium stay investor depending on the share itself, and there's nowt wrong with that, Long investment I leave for Higher tier FT250 and above investments.. AIM long term investment are a gamble and always will be and those who believe otherwise either don't understand why AIM exists or are just simply naive IMO.. to each their own.
@Vanilla .. I've laid out my cards..how you see them is up to you, you're playing with you're cash and i'm playing with mine.. Yes i'm in a position now that will be a win win for me.. you don't see that, that's your problem! Of course I want the good news to come, that works out for me.. and will I purchase more shares if the price falls?.. very much depends on the sentiment and by how much it falls.. you'd be just plain stupid to not take advantage of it, that's how 90% of savvy investors operate.
Chengdo,
You are not a crap investor, dude. You saw something really good, with both your eyes and your mind and went for it. Many have done so. I have broken all the rules of investing by putting all my eggs in one basket. Sure I heard some here calling the likes of me "dreamers" or "rainbow chasers", but to that I say, damn you, dudes! I have read everything to enlighten me on this affimer technology and I damn like it.
It's as if in the 1800s someone came to me and said that they have a thing that they invented, that you put peanut oil in and it turns ...well, I would ask them, what do you call it? They reply...I think...a motor? I would say, I like it...and motor is a catchy name for it...Bingo, the rest is history.
St
Its funny how those that have taken profit turn into split personalities.....one half wants the share price to go up to make more profit on their retained holding, the other half wants it to go down to justify their decision. I'm all in sh@t or bust...ASOS is on AIM and went from pennies to a £1 and then onto £70 good luck with trying to trade that LTH would always work out best with that one. This share may or may not do the same but if it does i know which type of investment decision i would want and have chosen accordingly.......no schizophrenia and only want one outcome.
Blades,
As I said, well done on that. But my point was, you are a short term trader, kind of swing trader and are more interested in the short term gain.
I assume many investors here have read all they can about affimers and what a great potential it has to seriously DISRUPT the pharma industry as we know it, as explained by Milkmonsta and others. We see avct as a serious medium to long term investment, if we are allowed to keep it that long.
Good luck, as I said, on your other investments.
St
Yes I've traded the company ...but only twice, once in the £1 to 90p range and once in the £1.20 to £1.04 range.. if you can all that swing trading so be it.. I was hedging against past pattern and it worked out!
Masterboffin, I completely understand what you're saying, But stating that we're funded for the year is as good as saying we don't intend to raise cash for this year! Also as Myles stated, it would've been made to have better sense to get the test to fruition and profits raised to fund cancer projects. I honestly don't think that Alistair is at fault here, but I think he's been strong-armed by brokers to foresee the companys future cash balance.
Mr.Spacetomato.. I won't miss any opportunity, following my plan leaves me in a win win situation and you may not see that, but as I got in the low 30's with my original investment, i'm defo not losing out! Yes I agree.. I won't make as much cash as i would've by leaving all my cash in, IF an rns lands Tuesday or whenever, but i'll now always be in profit..Rns or not.
Masterboffin, you said what I was saying, only better, thanks!
"For me the first sign or rather a reminder of what AIM is, was the raise made when we were told there was to be none...simples. Most of you now wish to overlook that fact, which is fine."
Bladey , Avacta CEO did not not state there would be no fund raise . I recall the CEO stating in the webinar that Avacta are "fully funded". The CEO did not state in an RNS or Webinar there would be no fund raise. As MilkMONSTA has stated the recent fund raise is a smart strategic move because it strengthens even more the companies financial position and no longer leaves them vulnerable to a weak takeover bid IMHO.
Blades, my interpretation, at the time, was that avacta had the funds to pay the wages and the running costs for the next 18 to 24 months. There was no indication that this was at max capacity. There is a concern that the expected to be soon sales would provide that cash boost, and increase the sp allowing for a raise at a lower dilution, in which case why now? There have been reasons put forward, some of which are financially technical enough for me not to understand, some of which make a little sense.
Blades,
" I pulled my original investment on Friday evening and some profit...so on a complete free carry now".
You are clearly a swing trader, and well done to you with your profit.
Now, you certainly would love see avct ho down next week so you might buy back cheaper, and your bet is that there will be no RNS, which you might be right. However, if the market tilts your way and alot of us sell, would help you. BUT, if we instead, like many others who didn't manage to buy on the many oversubscribed shares, the market will tilt against you and you miss the train. In a way, I do much like for that to happen. :0)
It is just a missed opportunity I would say. For a trader, there are other opportunities out there.
St
Morning, I think the thing to understand in AIM is first and foremost ...Don't be feckin' greedy. It's up to you guys here calling Alistair, Sir Al and stuff...BUT, i'll tell you now, AIM is shark territory and as soon as you start fitting halo's before results on CEO's head...you're doomed, you can like or lump that argument!
For me the first sign or rather a reminder of what AIM is, was the raise made when we were told there was to be none...simples. Most of you now wish to overlook that fact, which is fine.. it's your cash and how you invest is up to you. Some of you have been in this game long enough to know what AIM is about, and really don't care less about the next mans investment woes, some are still learning the ropes.. and some are complete noobs and will be parted from their cash or a large percentage of it, and don't worry i'm not excluded from that scenario, for once I was a noob also, but i'd like to think i've learnt my lesson and progressed!
I also know we still have a seller here, and those that have paid for streaming or level 2, either with lse or another party will see the hourly dumps late reported and also end of day. I'm beginning to think that the results, if good will be delayed until seller is gone, I hope.
Large II's buying on the raise means absolutely Jack Sh*t to me lol... the same happened in AAOG, the company raised £12 Million, I believe at 10p with large II's participating before results, I was in there at the time, although I exited with a profit because I got in at the low pennies.. but I could've read between the lines before the raise and exited with way, way more! lesson learnt there! Another example is VAL..but i'm not bothering to tell you about that, suffice to say it was a similar story.
There are other bits of stuff that are bothering me...but we'll see how it goes. I'm going to pull some cash tomorrow yes, IF no RNS..yes most definitely, that's my prerogative as it's my cash and it's just a safeguard and i'll leave enough to make me more profit, but if I lose it... I won't need to cry about it.
Play the game your way..and you'll lose...play it there way and you'll always be a winner...simple GL All
And why pull you cash on Monday(with no RNS) if there is potentially going to be an RNS on Tuesday (or Wed, Thur or Fri)?Don't forget that Sir Al will be updating the shareholders on Thursday as a Brucie Bonus.
you say.....................BUT if no RNS on Monday morning, i'm pulling a good portion of my cash tbh.. this is AIM after all and i've been duped before, been round long enough not to heed rampers/derampers. Let's see what Monday brings!
i say.....
surely with the huge institutional stock purchase last week this share will not be an Aim share for long !!!!!!!!