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I have 40k in this. Is this good news?
More like Au Revoir!
I don't see no fat lady.
And it’s good night from the fat lady!
The RNS makes sense. There has been no logic with the sustained share price decline.
It will likely get taken out at some point in the future by someone with bigger ba**s
Half Year Results due in 27-9-2019 , lets hope we have good news , need this share price to move north.
The BOD should now be focusing on Revenue streams , Targeting New Contracts , anything to move the SP forward .
Agreed .
so near and yet so far.
All we need is to clinch a few more major contracts.
"We are probably one of few real RED HOT PENNY SHARES but how do we prove it?"
Only one way. Cast-iron monetization of the capacity already in place to a sufficient level (that level being at the very least enough to cover debt-servicing payments out of gross margin without causing slippage into a pre-tax loss).
So basically... AVN nees to sell (a lot) more of what it currently has and is funding. It's that simple... nothing else will do.
Fortunately KW very obviously knows this already - and it's now a race between his driving of the company in far more sensible directions versus the debt millstone.
AIMO.
Well, how about the 3 monkey's method?
See no evil, hear no evil , speak no evil - deaf dumb and blind kids sure play a mean pinball?
One paragraph on the website about Hylas #3 since the G5 headline.
I don't like the vacuum cleaner bloke who dominates the Countdown advertising space , but I think Avanti might look at his approach and get our name out there. By the time anybody has heard of us, the life of our satellites will be coming to ann end and we'll need another 1.2BN to launch some more?
We are probably one of few real RED HOT PENNY SHARES but how do we prove it?
going from £7 down to 1p, how can you recover from that. I would love to know AVN action plan.
Power, one admittedly negative school of thought is that, following the successful launch of Hylas 3, there is very liable to be a final payment clause in the contract to the tune of a few million dollars once the satellite has been shown to be fully functional and properly in its specified geostationary orbit for thirty days. That was certainly the case with Hylas 4 - and if true, capex spending isn't quite over yet.
Plus on top of that, some may be thinking that the last thing AVN needs now is the operational costs relating to a fourth satellite in its fleet, when it's not got anywhere near selling even 50% of the capacity of the first three...
As ever with this outfit, it's a case of wait and see.
why such a big drop? everything has gone well according to plan.
Could be, GCCRa...
...except you've been proven utterly and entirely wrong, the last 863 times you've assured everyone of the exact same thing.
Huge opportunity now! Has to be a multi bagger at this bargain price !
Looking at recent SP movement, it looks like the guy I was speaking to a couple of weeks back who said it'd be better for AVN if H3 didn't launch might have had a point after all...
500,0000 Sell at 1.00p !!!!!
My IG index says its down 9.37% however I am sure you are right..
IG are showing us up 6.98% @ 1.48p (0.11p rise) yesterday
LSE figures above look like random numbers.
Mmmm ,
Unfortunately lse never provides correct information on this site..
I’ve actually checked online enough said
My apologies S/S...
Certainly
Yesterday’s close 1.54
Today’s closing price 1.64
The share price is up ..
Is that enough plane English for you ... !
Dear Buko. Sorry., but could you translate that in to English please? You've clearly had a sherry or two..
Ooop’s
Yet again south street only looks at colours instead of actual facts
Dear chap where up on the day notice your larger interesting singer has never beard fruit your posts seem
To be very illogical,
Well at least you’ve got a one poster fan club to which he / she can’t read actual numbers ...
good try no prize .
i agree with that, its happened again, satellite goes up and the share price goes down,
though once the in orbit acceptance tests are completed then im sure the sp will
edge up again.
Seems every time a satellite goes up the share price comes down. ...... Just saying in case Sad Brad and GCCRa think Im moaning .. ;-)
Avanti have invested $1.2 billlion in all their technologies for a good reason.
They're laying the foundations for something much bigger to come.
The infrastructure is impressive by all means, and reaches far and wide.
Admittedly there is a big pile of debt, but in time and with a different mindset
and strategy to the previous management, fortunes can be turned around for
the company and us shareholders may all get to reap the rewards of all the
hard work of the past,
Watch this space...