Member Info for bloodninja

Interesting view in this, no wonder our major shareholder wants it all for themselves! Here is hoping that they need cash flow and debt for equity less appealing in current climate, arguably unlikely as the obv choice is to d4e the lot and just run off a dividend for the rest of the mine life

https://markets.businessinsider.com/amp/news/gold-price-target-record-central-bank-stimulus-bank-america-double-2020-4-1029113912

Can anyone advise whether the seller is out or almost out? Asking for a friend.

9p paid

No offence Dodge but Govt removing/reducing fuel duty is farcical! The economy is in big trouble after the relentless spending governments round the world have undertaken as a result of CV. What you can really look forward is an unprecedented term of austerity, cuts to budgets, and hikes in most taxes. Appreciate that sounds doom and gloom but anyone who thinks to the contrary has their head in the clouds.

ESL? Laughing, trading company making bumper revenues, improved margins, and it has the scale to continue to consume market share. No brainer.

Duster, makes perfect sense if it's existing big boys participating, fair

JCEP and if the Shareholders reject it? What does that do to commitments??

Surely shareholders will reject the placing and propose a new one for a third of the shares but same amount?? Forgive a lack of knowledge but IIs are likely to want a slice of this so why give it away at 18p a share? Times have changed, fully expect SH rejection and new placing proposal, possibly even for more money, may as well take advantage

How much is UK govt going to spend on any old tests that arent even proven? At least we are pretty much guaranteed a UK contract when kit available

88p paid, was that you radial?

Competition is great, are they all partnered with Cytiva or a similar outfit that has a global command for distribution?

Shouldaboughtmore that is the kind of raw analysis we live for on this board! Thank you

Think muir?? That's as bad a word as if!

The sheer economics of that if AVCT pull out a finished test kit in the next couple of weeks is almost incomprehensible! The issue with this share is that yes, the price has dwindled slightly, and if you bought in around 70p you're feeling a bit of pain in quite a short space of time. That's the bad. The good is that if news regarding the first point drops the price will react instantly, don't expect a nice steady climb on a daily basis, it will be an instant rerate. You will not make the gains from buying in on confirmation of testing kit and govt contracts, you will only make life changing gains by holding now (if rerate occurs).

So basically if they crack the saliva based, pregnancy style test its wooshy wooshy time for the SP (keeping it simple :-D)

Keep it simple guv, I'm not a doctor nor scientist

Or you talking about a different company? If so please stop cluttering this board, AVCT chat only

Bernard, what? The RNS literally says the following:

Avacta is already generating Affimer reagents that detect the COVID-19 virus

Moron

I also think the trading entity we own 49% is going to have record losses as a result of clear roads, cheap fuel prices, sustained levels of seasonal peak demand, and sufficient working capital facilities in place to leverage said demand. It's so clearly destined to fail, and when it does Dbay won't get their 55m (PIK? Lol.) cos there'll be no money left just 84,562 Eddie Stobart lorries worth £0.49 each.

Further, ESL as an investment company will need to enter liquidation and then there'll be nothing left for anyone, and we can all go for a beer with the Truth brothers, assuming we aren't all dead from Coronavirus.

Yes the 'forward selling' is just an option the subscribers can sell to someone.

Hello I can offer the right to buy AVCT shares at 18p, would you like to buy it? They're currently at 58p.

Sure, I'll buy them but at a discount.

Typical discount around 10-20%.

= immaterial

Absolutely, I think there will be a sale of 379 million shares later, probably at around the zero mark, maybe even less.