RE: Afc Chart5 Aug 2025 07:40
On the contrary, Avacta has now bottomed with highest volume and highest price in past year. New commercial directors appointed and company have stated they are in multiple partnering discussions for there platform technology i.e. they are now at the commercialisation phase. Price has responded accordingly and bust upwards through the 200dma and even short is now closing.
As for you expecting it to be bust in 2years, you seriously best hope not because they have the most exquisite tumour targeting technology ever invented. It can deposit 100x more drug into the tumour than the blood. This isn't made up, this is scientific data just been presented at major oncology conferences in Europe and USA, no doubt this latest data has also been why SP is responding.
If its so good why is price down so much you ask?
Well same reason as AFC now. It has been a cash hungry company needing to rely on placings at ever lower prices to progress clinical trials and shorts have piled on. Now shorts closing and significant new money coming in (confirmed by volume), it has hit the inflexion point.
The kind of inflexion point which AFC will hopefully hit in 2027/2028. Right now, you're too early here guys. Way to early and if and when you sell and look from the outside you realise your bias