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@aimgambler123, Avacta continues down. Maybe people have taken profits and are waiting to pile back in there at a much lower price? I couldn't say whether BSFA is oversold or not (what's the yardstick in this new industry?) but good news will surely take this higher.
This is very bizaaaaar inmho.
Especially for a company with so many irons in fire,For me happy to hold, but wonder why the zero intetest from the states,. Not surprised with our lot of so called institituins. still working from home re covid , Sad ba...stds.inmv onmv great britain were getting there.
Or is the target really the investor event on Thursday, allowing the yanks to (finally) get in on the cheap. Surely it's not all orchestrated? Conspiracy theories like that never happen on the markets, lol.
Wonder what the herd have in mind as a target to go long? It's already oversold, hugely, yet many are talking about the gap around 6p. But if that's what they're saying publicly then we can assume it's higher. We'll see as the twitterati have been making hay on Avacta etc and that's now on it's way down, so maybe we'll see a switch back in here at these ludicrously oversold lows? Will certainly be a scramble to get back in when it starts . And that's when the bonhomie ends and it's everyman for himself. So do you feel lucky punk, do you wait for the bottom and leave it up to others, or do you make it the bottom and start buying before the herd? We'll see soon.
Don't be silly beechknot, pretty sure there is no placing as they raised £2.9 million in March and then received another £526,000 just a few3 weeks ago.
Isn't it ironic that we are now very near your initial target of 6p all those months ago lol.
Some might even be concerned if another placing might be needed .
It's definitely turned out to be abit of a letdown. I doubt the current state of the world encourages a risk on environment though, tbf.
Even before the next trade fair takes place there is still zero buying on both sides of the Atlantic apart from selling.What does that tell you. Fwiw it tells me alot. Heomoriging money with no licencing deals or investors on the horizon.
One now to forget about and hope that something happens where I can get a good proportion of my money back.Maybe when Labour taxes ISAs I can right this off against tax.
I am hoping that next week's presentation will attract some interest. Hopefully we will get some speculative share purchases from investors out there. If we do not then they really should change their pr team. Inmv
As price drops down more and more , Guessing I might have bought in a bit to soon ,Guessing this type of Cultivated meat might be in more demand in the future after watching this
https://youtu.be/mSAJ4dC7NSI?feature=shared .Some time more patience can be needed at shares .
Surprised Myles hasn't added a few hundred K and tweeted about it?
Guess impatience or risk reducing with different share prices dropping across market .
Annual report came out 31st January.
Are we due an annual report soon? Their last one was year ended September
This is a dropportinity!
https://twitter.com/MylesMcNulty/status/1709192026980339834?t=kZxzZGWay5W-sUql7Vg2RA&s=19
Hopefully it is down to just market sentiment. Most stocks have been falling and what does not help here is that there is no news on any income stream let alone licensing deals.
Anyone seen anything?
They could start by ditching their us pr company and find a new one. If they can't drum up interest there then there is little hope elsewhere inmho.
I don't get It either, there hasn't exactly been anything bad come out. It just can't seem to gather any interest. I was hoping things might pick up as we go through the winter months.
I think this sums it up. One year on and the company still doesn't make any money.
Happy Bear28 Sep '23 - 13:34 - 1735 of 1735
0 6 0
Look, lets get real here.
It's been almost a year since they presented their bits of lab meat and the share price doubled. It then went on a very rampy journey to 20p at which point they did a discounted placing. They were then meant to 'showcase' some more meat but didn't, instead they hid it behind closed doors and only invited some twitter rampers. They then said the US listing and roadshow would be the catalyst for a rerate rather than just an excuse for an all expenses paid jolly to New York to rub shoulders with other boffins, and AGAIN it's done sweet FA for the share price! Plus they're paying some expensive US PR outfit for this. They also chucked in some pie-in-the-sky teaser about leather but can't tell us who the 'leading fashion house' is and nobody seems to have found out. Oh and there was something about 'evaluations' of their citymix media, but that was over 6 months ago and the trails gone cold.
Meanwhile the CEO picks up £80k a year, on top of jollies, to work 2 days a week.
It's a fairy tail.
i've followed this share for about a year i think. i bought originally at 10p the first time. solid at about 12p and made you guessed it about 20%. i was testing the water. like the concept or not i thought this has real global potential considering the cost of living, environmental concerns over farming etc. all the technologies seem to be there and the company seemed sound. lots of positive news constantly coming although late a lot i know. but this **** is now below 10p with all the hype and talk of fsa potential approval. government fast tracks etc. is this all just a giant scam. i've watched this slide down a greasy pole and i just don't get it.
That's not what I said. My point was don't go rushing to buy based on that rag's 'good news' story, that is the logical opposite to me selling on the rags 'bad news' story. I'm not suggesting anyone sell, although there is a separate case for that based on the p155 poor performance.
Would be very good news for BSFA and the wider industry if the Government is indeed going to fast-track cultivated meat approval.
Certainly makes sense to me, far too much red tape in things like this. Cut out a lot of the unnecessary box ticking exercises and get this done.
So then, the paper had bad news, you sold, the paper was wrong, you lost money. So, the paper is now saying good news, but we should sell this POS share because the paper is lieing and the UK isn't going to show any interest in cultured meat?