Member Info for Biggi

I've been scaling in last couple of days. Appears to me to be very cheap given the assets/ their critical nature, where the directors bought etc. etc. Surely the weekends MDA gives much reassurance that was previously absent - total game changer opening up a number of directions the co. could go. It's a buy and hold for me and a very exciting share to be in.

Well, I sold down 50% of my holding in the low 70s and high 60s last few days over concerns that the loan repayment may be in shares and crash the price again. Turns out to have been the wrong call but I'm happy to have 50% of my holding still in. McNulty had to have been privy to inside info to have been so sure - he all but guaranteed it would happen and hey ho, it has. Interesting times for AVCT. And now the question is - where to put the 50% of cash I took out...?

I've sold approximately half my holding last few days. Don't want to be holding it all if we drop back to 40s but equally don't want miss out if good news lands. This way I think I can live with myself in either scenario, and if it falls, I can buy back more shares for the amount of money sold higher up. (Again for the record - LTH since 2019 and already banked substantial profits from AVCT so no agenda other than to share and gain feedback/ insight from others).

So, price action suggesting to me that the market has less confidence this week of GSA closing their short and of the repayment due being paid in cash. I get that there has been some overheating/profit taking given the recent rise also. Be interested to hear others views (LTH since 2019 who has already made substantial profits in AVCT but wishes to learn to trade the volatility better). Cheers.

Could be turning Bella - 78p/@best to buy... :)

You would think that PIs with such a high level of scepticism about the potential success of Avacta would cease to focus any more time on the company and move on. It seems strange to focus on a company you have so many doubts about.

AS knows the price will recover and he now we have new iis and an EU Health Fund as holders. For those with the spare funds we've been able to buy at 50% price reduction for 20% dilution. It's a situation for investors and traders to take advantage of. Can see this returning to £1 plus in the short term. GLA