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I think Investors are bailing,if it continues the s.p. could make a rapid drop from here. Does somebody know something that will not be good news?...Bad news on the way?
Not particularly as not interested and like many others I am holding a significant loss, not hidden that, however it’s being diluted very effectively at these levels. Hindsight is wonderful I think we can all agree we would have preferred to sell out at 160p and buy back in at 45p however that’s not my style, I do the research and happy to wait for the catalyst of FDA approval then see what happens. If the FDA approves this I am still a massive winner without taking any chances. Imagine selling 160 then a LD hit and it surged to 400 ouch you don’t win all the time.
I'm sure you do prefer to keep your average private.
On an investment bulletin board a heavy loss might be interpreted as you not making good decisions.
Want to know my average?
I prefer to keep my average private, however I can assure you I own many shares here and firmly believe the technology will come good and we will get FDA approval in due course. This is a sale for me. Nothing has materially changed since Nov, apart from outrage against the management team. That is a storm in a tea cup.
Oh.
And what was your average, you forgot to mention.
Or what the company haven't said?
They haven't said that they've started the second dose of the 2 week trial 7 months after announcing the trial.
I don't need to prove Avacta's statements wrong, they do that for themselves well enough
Prove Avacta wrong on the schedule thorn, until we are told otherwise can only go based on what the company says, it’s on schedule. That’s a fact.
Wouldn’t worry about the emerging Data, the Market just shrugs that off . It’s the final verdict on conclusion that’s awaited and needed, meanwhile investors carry risk without reward not helped by a clear lack of business acumen being shown that’s clearly unnerved many, witness this BB. Just need to prepare for the rocky ride until definitive results are known, and that’s not a foregone conclusion otherwise we wouldn’t be where we are !
Which one?
Any of them more than 1 year ago and you might spot some discrepancies between what was said and what actually happened?
But you're right, what was said 2 weeks ago?
Bang on schedule!
Bet the bank on it.
Go watch the Q&A ffs, should answer all your questions.
If that's what happens then excellent.
Will they be able to though if they're still only on phase 1?
Are they likely to finish on dose escalation 2?
Or might you be wrong about being 'well ahead of schedule?'
Perhaps.
They said it would finish mid year that’s all I care about. That’s bang on schedule ain’t it?
Oh, and what phase of the two week trial are they on 7 months after they announced it.
You forgot to mention it.
Again!
'Well ahead of schedule on all projects'
What a fool you made me look!
Depends if the price gets suspended or not in the future… 🤣 which I would find hilarious if you were out. 👍
Sorry ICE but I will be.
Sold after science day.
Can get back in whenever the tide turns for multiples of what I had before.
Of course it might not work out as planned.
In which case I won't.
Win:Win!
Jesus the desperation on the BB is unbelievable, just because we raised at 50p, was everyone moaning about Dr Smith when we were down at 38p in 2022 then rapidly rose back up to 185 odd, people have short memories. The way people are talking you would have thought the trial has completely failed and we have all lost our cash 🤦♂️. As for you Thorn go watch the presentation educate yourself, and as for my average price I have been topping up accumulating at these low levels didn’t think I would ever get the opportunity tbh. Why wouldn’t you institutional investors were oversubscribed at 50p for 26 million odd at a so called 34% discount. Everyone needs to ask themselves, what has really changed since Nov when we were 160p is it anything material (trial failures), or is folk just got faux outrage at the management team because they decided to raise at a shock discount and sentiment has been eroded temporarily. The same people giving up hope now calling for change will likely be shouting Avacta praises once the data released for the 2w study mid year. AVA6000 works dox will do what dox does on tumours sensitive to it. People really need to chill or write a letter to the management team. This will recover in time like it did the last time. Have some patience, we are getting to the efficacy studies now which are designed for success. If you are really wanting out go read up on why you invested in the first place then go watch the latest Q&As again and have some bottle. But don’t cry here…..
If you listen to early interviews with Smith he was talking about major inflection points and multiple tests and the revenue opportunity.
So far it's all been the emperors new clothes. If the words and the reality continue to be misaligned, he must step aside
ICE has got it all worked out though.
1) It works.
2) FDA Orphan drugs status granted.
3) We're rich!
@Icecool you're out of order mate...why are you laughing at Doggy, he's been here yonks and for the first few years was a real advocate of the stock.....now when driving his tractor in the early morning he probably thinks the same as most of us that having listened to AS's superlatives over the years....where did it go wrong.
I invested early doors in the 30's, listened to what AS had to say over the years and bought more and in effect it turns out have been averaging up! and now after over 4 years of waiting find myself currently in the red......and here's a laugh if you want one, I sold my entire M&S holding at 98p and put the proceeds in here..........so yes it is a bit galling having listened to AS spout rubbish year after year to then see him go and invite all and sundry to help themselves to 50p a share.......with the added bonus that they can forward sell to make some extra money.
Bye
You'll be sorry when it's £20 in a few weeks doggy
Please explain what I have said is ramping?
Cos only your rampy $hite can be posted on the board right Ice? Have you got a little tin badge?
🤣🤣🤣🤣 what is the point of this post. Do you expect people to feel sorry for you?
When or if this ever gets to 66p I’m gone
I’m not putting my money in these clowns hands anymore.
Rah and Tom the bomb need deleting quickly.
Rah still ramping today is just unbelievable.
I’ve learned a hard lesson here that’s for sure .
How can smith sleep at night ?