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I agree with Numpty, it’s PLs fault
Numpty, they may get dragged down now and then, but overall they’ve been dragged up higher and that’s what counts. Hope you’ve emerged reasonably unskinathed from the hype over there.
Gazala, the website is called investormeet, google it, register, login and search for Awacta. Took me a few tries to find it, they’ve got a typo in the name and call it Avacta.
Mikey, it might feel like it’s a reset to some and farewell to the impatient. Personally, I’m more comfortable with something realistic but that’s worth the wait. Progress has been made and as you’ve said we’re now in the great position where news can drop any day without any expectations or hype. Goodbye traders, hello investors.
Well on the one hand the clock has essentially been 'reset 'and now we've got the entire Q4 to ponder and navigate, on the other - we've just had a world class presentation where the inference is that AS wants to close the production gap from 5-10m to 120m through OEM deals and/or licenses for the UK ONLY, along with the validation/approval milestones, other areas etc etc
I'd like to think this scenario bodes well for current/new longer term holders and rids of the minute traders - simply put, every deal/piece of news which can drop any time should theoretically add a chunk onto the SP
Admittedly it's been a c0ck-up to overpromise 'summer' but that's been reversed today and expectations feel more realistic now
How do you risk being out if you genuinely believe? It's been 6 months already, whats another 0-3? IMO
..... And sleepydave you should follow Sir Sleepy for being an excellent poster
Nothing to do with me managed two top ups totalling 11.5k luckily at 143 and 144.8 .. happy days
A strange day indeed.
At least two interpretations.
Folks are getting fed up and selling or
( I prefer this one cause I am biased)
MM's want shares for client buyers. After all they plummeted the price on the opening and then after everyone bought in on the strength of the presentation they plummeted it again.
They can certainly manipulate sentiment (which on AIM is very easy to do).
I find the calming reassuring deadpan tones of Big Al to be a very reassuring antidote to all that nonsense.
We are imo very lucky to have him as a CEO.
He is navigating us very well through what must be at times very tricky waters on all fronts.
I know its fashionable to be contrarian and cynical and its wrong to put anyone on a pedestal but...……
lets face it.....
He's going to deserve that knighthood!!!!
I did !
Numpty
Lessons learned and all that - insert sad face
In and out like Flinn - so helpful LSE went down just as the bell rang ... LOL
Bruised but not Battered :)
GLA
Gazala have you tried Avacta website? I not looked myself but worth watching
Thanks for that PL75. Thanks Doh.
I was thinking the same even though I haven't seen the webinar yet (have you got a link mate).
Dropped big time first thing and then went blue at 12.30pm and then dropped as if we had just seen a bad news RNS.
Not normal surely?
But like you, I'm looking further ahead than today. What Avacta are going to give to the world does not justify today's trading activity.
One saving grace is that we (hopefully everyone on here) didn't fall for that posters ramping of VAL over the weekend - Sitting at number 1 on the fallers list today :-)
Completely agree PL75.
Their is of course a scientific formula at play.
AIM + unresearched Investors + impatience = weird reactions.
Trouble is with that equation you never know if the reaction is up or down.
Best not to fret over the short term price imo.
PL - May be its you.....
Like - every share you are in is dragged down by some weird Karma - man ..
Just Saying
Skindalous character
Big Fan just messing ..
£2 by Wednesday ;)
GLA
It’s got to be one of the weirdest reactions to a CEO saying they’re taking to the govt to supply 100m tests for at least a year and that with additional partners, that they’re currently carrying out due diligence on, they’ll be able to help meet global demand and that they’re also looking to white label the test completely to OEMs to the point they’re producing hundreds of millions per month. Plus a few other bits and bobs... it’s madness. There’s one remaining technical hurdle, very much underway, and then the first 10,000 tests take us off to the races. I couldn’t care less what the MMs get up to. Finncap are suggesting £3 up to £8 just based on the 2 suppliers in place. This is huge.
Look at the Intraday chart.
That is not normal. Surely?
WTF happened today?
All opinions welcome (except MFM / AS).
I cannot help but notice that when one of the positive posters on here turns up after a day or two off, the SP usually plummets.
Or is it the MM's playing us again on yet another Monday?