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Let's see this rise to at least 70p this week starting from tomorrow. ;)
If they get rid of Smiffy and TG the share price will be off to the races. The overhang of these two is bigger than the placing itself.
Anything less would be a massive disappointment gje. Imagine if they just present the results which is the purpose of the update.
Nice one Prof - demonstrates how bright you are.
Never been a bigger day in avacta history....
So let's get this right. Tomorrow we're expecting:
- an announcement that AS is being replaced
- some brilliant explanation for the 50p raise, such as, we have been bought into by a european health fund at 50p and they're going to help sell avacta for 5bn in a month
- Big, big news on the first 2w cohort that the ultimate cure has been discovered.
It needs to go up by at least 150% to get confidence back. Bare that in mind Alastair
This should cut through the 50s fairly sharply
Thats what I said.
(Also in updates they usually say how the new year has started and give guidance on what they expect. Given this update is 4 months into the first half of the new year then I expect something a bit more in depth, esp given the latest events....)
Tomorrow will be results, that's it. This build up to every single meeting Avacta has is tedious and pointless.
The RNS says this:
Three patients have now been dosed in cohort 1 (160 mg/m2) of the two-weekly dose escalation study in the US and Avacta has received regulatory and ethics approval to open sites in the UK in the two-weekly arm. Avacta anticipates that the SMDC will review the two-weekly cohort 1 data by the end of April.
So we could get something this week or next on cohort 1 of 2w dosing.
What if they give clear indication Qw2 is going exceptionally well.
I'm sure there will be something in this update to send our valuation back up
I am not expecting deals...but if there is a definitive improvement in treatment due to 2WD then there would be a very sharp re-rate (imo).
Its just how much info will they have to share? If its an "early days, nothing to see here...yet" holding update then it might be like most updates, somewhat underwhelming, however it was AVCT that said "it expected the safety data monitoring committee (SMDC) to review the data from the two-weekly cohort one by the end of April."
(Hopefully they will have good news tomorrow. I think it more likely than not given the very late date for this update.)
What a load of nonsense, they didn’t say they would have the early results end of April, read the RNS.
To be fair though wynbore tap doesn't post that 20 times a day accompanied by a long winded essay.
If he did it would be very encouraging though.
Massive deals announced during results, Hurstbot prediction removed this morning but he's never been wrong 130s incoming..
The market will expect the first update on the 2WD tomorrow based on AVCT saying it would have the early results by the end of April.
Big, big day
Bargain
Based on what facts exactly?
Thicko :)
"He is therefore naturally very cautious with his language, and so statements such as "trial results are promising" ...."
well, you should email him and abuse him, and then say he is a Fudster and then tell him you have filtered him for such pointless negativity, oh, and tell him you hope his short position burns him.
Apologies, ignore the CT post.
PL you'll be held to account for your prediction, just like Watching's "it won't go lower than a £1"
Ok “encouraging “. Now I’m really impressed
CT
Ive booked £1.37 day off as a holiday
Touk, Tap has been involved in many trials that have ultimately proved inconclusive due to the complexity of STS and not the trials not having been focussed enough. You should watch some of his presentations where he goes into this in significant depth. He is therefore naturally very cautious with his language, and so statements such as "trial results are promising" coming from him in relation to p1a, is, well, quite promising.
To be fair I think "encouraging" is on the top end of the oncologist excitementometer