RE: SP 55p! Avacta needs money6 Mar 2026 10:13
The last raise was 8% discount. Not ideal but not end of the world given we raised over £16m. Plenty of AIM stocks would have been crushed raising that kind of money back then. Also zero warrants issued either.
Were much further on now and much closer to actual commercialisation. You would definitely expect any raise to be minimal to tide us over and around market price. Retail will not get a luck in.
We know the company need cash by August time but also that weve been talking with key partners for a long time now. The cln was deferred pending BC data release and CC has said repeatedly that mPFS data is crucial so for me a deal will be done within next couple of months on 6k.
Richard Hughes as a back up, to strengthen our negotiating position. David Bryant also is there and thats another possibility through HCRx.
Christina will do right by us all.
No need to fear a bucket shop raise, not with the data we have and the current BOD.
So, 6103 dosing anytime now, couple of major oncology conferences coming up, FDA approvals must be close also. Its all shaping up nicely IMV. The chart seems to reflect that also with multiple breakout attempts across different time frames.
Hard yards are done. It's add on weakness stage. Let's rock! 🤘