Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thing is what am I missing here ... this weeks RNS virtually all but said 'it works' and the SP has just about shifted 5p and some one/outfits are still shedding shares. Surely day trading isn't providing sufficient dosh compared to what must be obvious by now ... I repeat ... WTF am I missing here??
Mr Ripley made a very good point this morning that Avacta “seem to have incredibly talented scientists but no real PR machine or investor relations”. This aspect resonated with me and I would suggest many others … that as investors we are trusting this company with our hard earned spondoolics and we would like a modicum of that trust reciprocated with their 4Q update ... as promised … T Minus 9 Days & Counting …
Decent Financials and a company in a death spiral ... I'll grant you that is perplexing ... trouble is what is going to change that sinking feeling???
Do you think AS or anyone trusted within his earshot think they have sufficiently informed the market that ‘it does work’ … as some here have suggested by virtue of a passing note in a PowerPoint presentation???
That being the case, are AS et al happy the market is valuing his company appropriately … OR IF NOT, why hasn’t AS and his Comms Dept been a bit more forthcoming or explicit?
If a company advises its trial results will hit the market 4Q22, then it either needs to, or it needs inform the market what is the situation.
Radio Silence just ain’t acceptable Comms folks! Unless they don't care of course (Ah, that's it!!)
@ Codejunkie: Are you a consultant by any chance? ... you are certainly good at stating the bleeding obvious. Loosen up and get a sense of humour by actually reading what I wrote. You are clearly not a comms expert either are you? But you are not alone there!!
And what you do with your ass is your business!!
One major theme of recent posts is the lack of communication coming out of Avacta. When clearly there is a sense that news is being withheld from shareholders. Could this be wilful ignorance of the needs of the company’s support base and shareholder demands?
So I thought a quick inspection of Avata’s website. Which has a headed section devoted to News – but this merely lists the RNSs we have all seen. So that is no help.
A further trawl headlines an Investors Section, with … ‘Latest News’ … but nothing there more recent than 18 Oct 2022.
Am I wrong or does everything seem to currently cry “Nothing to see here … move on folks”
But wait, what is this … FTI Consulting, the proud communications experts … will they come and help management with a decent comms strategy??? Going to their website I see they have a Healthcare and Life Sciences section, surely they are the cavalry ... and they have a list of ‘experts’!! But I have never seen such a plethora of ‘Senior Managing Directors’ ... five in all! I have never seen the like before, and they are ably assisted one a single ‘Managing Director’ who looked just about old enough to be doing ‘A-Level’ homework.
Ah, Consultants ay, people whose primary skill is to tell you the time … on your own watch!!
Looks like patience is the primary skill we all need right now!!
Regrets I have a few ... but hopefully hanging on in there isn't one of them ... It seems a watching pot never boils and there is too much jam tomorrow - nothing that good data can't put right, let's just hope the spreadsheets are coming out soon!!! svp