RE: The problem15 Jun 2020 10:08
Absolutely correct. You can bet your life when and if news of the completed prototype hits the market you'll see a small spike and another massive sell-off, because knows it will be many more months after that before the product is finally in the manufacturing stage providing all goes well, and the market can see what's gone on here up to now. Huge negative sentiment coursing through the veins of this after the placing and apparent delays IMO.
The only thin g that will get the price moving is news of major contacts and a completed product. Can see a very very tough couple of months ahead for AVCT. It may well get back to 200p+ if all goes well, and other competitors aren't doing a better job at the things Alastair has been mouthing off about for the last month or two. Yes there is still potential, but given the placing and the timeline slippage, the variable have increased exponentially IMO. The market is behaving accordingly as far as I can tell. Remember every week of delay is a fair percentage off the market cap, because that's a week where AVCT could have been saturating the market with it's product while the virus is still a major threat, not to mention competition moving in in the meantime. Never will you see delay mean so much to an SP as you will in stocks like this. Every week is tens of millions of pounds down the drain, just to put it in perspective. When the virus is gone what AVCT have will then be surplus to requirements.