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She's firing Tony with immediate effect
Ideally have it on camera, she should flog him whilst everyone is chanting SHAME SHAME SHAME
Are you offering refunds on the pitch forks with Alan's name engraved PL75?
We won't hear it today, but CC must be very dissatisfied about the exchange Avacta trades on.
Looking for that to change as a priority.
CFO's addition / subtraction error via RNS must be high on CC's 'must rectify' list, and it won't be arithmetic lessons for the CFO
I doubt we’ll hear anything new of significance. this is a time to steady the ship, and to reassure investors.
- Intention to enhance the board with strong pharma/biotech expertise
- Reiterate Tx strategy and timelines - I suspect CC has led this already so no major changes expected - maybe a minor update on progress of 2-weekly dosing cohort
- High-level summary of her views on Dx strategy and timelines, although I doubt we’ll get anything
Hmmm, scuppered my business plan there... anyone know if Tony's middle name is Alan?
Rory,
A time I think for explaining some of the business / finance issues surrounding AS leadership in 2024.
AS leaves a legacy that requires explanation.
CC has the platform to paint a broader picture of how the situation can be improved.
CLN reduction a priority for CC (I hope)
Comms improvement
Could have been in play for some time. Easy move and get out by CC, use Alan and fling him under the bus for the raise - no explanation needed. Oh, the previous leadership was terrible, sold us short, I won't be doing that...
I agree PL75, obviously it will be more diplomatic, but heres the rub, By throwing him under the bus how will it reflect on HIS comms to date?
Do we then disregard the Paradigm shifts and holy grails? do we then reposition AVA6k as promising, and encouraging and still along way to go?
Why was there no news on 2WD. Is it running behind schedule?
Will she give more info on the DX division, in terms of sale/timelines/expected value?
More likely a straight bat with no bomb shells....
Still, at least this isn't a gamble....
I'm hoping for some update on the 2WD, even if just along the lines of more to come this week, or it's progressing well and due to complete on date.
Perhaps AS realised his own shortcomings to get this over the finishing line, and that his continued presence would only hamper things. His interests are also tied up in this company after all. 6 million options at 282p would do nicely as a retirement fund. If the transition has been in the offing for some time, then why not make one last sacrificial raise at 50p under his name, knowing that his position would become untenable - but on the way out anyway. The thinking being that the raise would get this all over the finishing line. Here's to hoping.
Usual rules apply for the 2 week progress, someone might have popped their clogs so patience is needed. Hopefully Chris understands how a calendar works and can start giving more realistic confident timelines
1 A full reveal of the 40 day blackout ruling nobody seems to know about, (nor anyone on other boards).
2 A promise that we see no more Paul Hill interviews.
"Chris"? "CHRIS"?! Standards please, PL. "Dr. Coughlin" if you will.
I suspect II pressure played a large part in his departure.
Really....and there was me thinking it was the trolls on here got to him eventually.
He didn’t just shaft PIs in the latest raise.
Donkeyeeyore, you know what they say about sarcasm, or maybe not, you witless tw@. Nothing personal though ;-) I was replying to "Perhaps AS realised his own shortcomings...."
Thanks for the explanation and your kind words PJT12, enjoy your day and I look forward to the day when I'm as smart as yourself and some others on here.
Come on Donkey don't put yourself down, you have to be smarter the JWB sheppy and kit kat surely and I don't have you in the twat category as that full, headed by touk wynbore & thorn.
The 40 day blackout are US rules because the offer of stock was marketed in the US
https://www.investopedia.com/terms/q/quietperiod.asp
"The quiet period prohibits management teams or their marketing agents from making forecasts or expressing any opinions about the value of their company."
A savvy investor (not me) would be buying today, at the end of the 40 day period when news and opinions can be released by management. Combine that with a depressed share price and a new CEO and its a perfect storm for a strong recovery. The current price is at around my average so Im very optimistic for the future.
🤣
Well CJ I sold my buy last week at 48.5p first thing this morning based on the no nothing RNS update and banked 10%. That's not mythical, that's not on paper, that's real money.
You lot are just too greedy