Member Info for AmyStake

Think alot of the positive posters over weekend on here and on Twitter knew what was coming and needed to keep the momentum.

I see alot of the big twitter names that were pumping hard at weekend have now sold and gone quiet

I expect we finish the day in the 70s and go lower tomorrow ahead of the inevitable

Yea its funny they try and drop it but small buys tick it up straight away

There isn't much liquidity for anyone to buy size

If that level breaks, which was the low from last week, then its going to get real ugly real quick here

Yep eyes on the RNS feed. Looks like its action time shortly.

Yea i suspect there will be some funds interested and i also suspect there will be a decent bounce afterwards

Its just a question of what price they manage to secure one at. Maybe 70p best case

Worst case could be 40/50p area. Depends how long they drag it out and what the shareprice does in the meantime

AS business acumen is already in tatters due to the fact he's let AVCT fall into the hands of the city when everyone knows they need a cash boost. If he was shrewd he would have locked in some cash when it was trading at 160/170p in Q4

Now he and shareholders have seen a 50% drop in shareprice and they still haven't got the cash locked in

Time will tell but i suspect it won't end pretty

Right at the all time lows 9/10p after spiking to 60p in Q4 last year

£6m Mcap with over £4m Cash in bank. No debt and no CLNs. Clean

Sticky 60% TR1 holders

Expecting them to announce a major partner to commerialise with shortly which sends this up exponentially

Buying drying up.

Resistance held. Key breakdown level at 90/95p last week

We drift lower form here unless we can regain that level

It’s really that simple. The rest is noise

I think the market is just waiting for that trigger from the company now

It could come from many of the short term catalysts they have lined up.

Confirmed bank finance with Pireaus would be my guess, currently have an MOU in place whilst they do their due dilligence. Maybe they have been waiting certain things to happen in the background.

No doubt when the newsflow starts landing the upside is crazyfrom £4m Mcap

No one is denying that AVCT could be a real attractive takeover... But also they are in a weak position with their cash. They are at risk of a hostile takeover unless they firm up their balance sheet.

Risk is to the downside short term. But post a strengthening of their balance sheet the upside could be fantastic

Above is bullish. Below is a simple backtest and likely heads lower now

Can't see it rising until funding situation cleared up. Need that address either via a placing or some clarity. But my calculations show them in need of funds very soon.

Well we know it’s a fund raise so if that’s big then so be it. Question on everyone’s lips is what price. Given market conditions be surprised if above 70p

Absolutely. Monumental period is upon us

Little old ECR about to surpass EEEs fantastic 2023 multibagger ;)

It’s been strongly hinted that they are selling their tax losses worth just under $100m… BHP has been rumoured. Lots of clues out there

It’s quite common to pay 5-10% of the value

Imagine what that will do to shareprice if they get £5m+ cash from this

Would be mental. Price probably go 1p+ in a flash

Interesting. Bears saying placing. Fundamentals suggesting they need money. Rumours of a raise being worked. Bulls desperately defending the company they love.

I’ve got my popcorn ;)

It’s quiet yes. But there have been reasons for that. The bank funding with Piraeus Bank via an MOU in January was massive

Don’t for one minute assume that the silence over the past week is because the board aren’t working hard to deliver. The opportunity at this Mcap in the low 3s is incredible and many will look back in the weeks ahead and kick themselves for not loading down here

Expect a busy newsflow period and a significantly higher piece in March

Wouldn’t surprise me to see this in the 7-10p range in next 4-5 weeks

Watch this space.

Operating Loss H1 2023 was £11.9 million

Loss of £2 million per month

Cash position at 30 June 2023 was £26 million

We are now nine months later. 9 x £2 million = £18 million

Assume £8 million left, or four months.

But cash burn will have risen from July 2023 as phases become larger, and operations expand in US. Would wager significantly less than four months left.

This was obvious to all financial analysts, hence my repeated warnings to place a few months ago at a higher price. You cant just hope a commercial deal will come along. They need someone else in charge of finance/marketing.

Plenty of cash? AVCT are running on fumes. You need to look harder and deeper at the finances

That being said once they have a cash injection at somepoint soon I. Think will be a great time to get involved

The bounce today and liquidity should make it slightly easier to get a placing away. Was looking pretty bleak yesterday so a welcome relief

Not sure I’d be buying here tho, will be a better entry soon

Price action does not lie

Watch this space