Member Info for Bridgedogg1

That’s around £1M dumped in large trades so fair. Who has lost patience? Everyone, excepted deluded PIs.

Todays placing = raise a little > get the plant up and running > raise a hell of a lot more

Craig

Last year you said ‘Still think avacta will go from strength to strength over the next 6-12’ and that this would be a £1bn company in 2024. You also said P1 wouldn’t show any tumor improvements so you must be very pleased by the latest data?

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All questions were tackled really well I thought. Seems like nothing was off the table.

-Restrictions on discussing placing will be removed before prelims in April

-Phase 2 registrations trial in indication with unmet need

-clinical indications we are already seeing in P1 in certain orphan indications gives us clean clinical proof of concept

-Sufficient data to partner now but not worth it yet

-Could carve out a portion of what a large pharma might be interested in

-Patient has been on trial for over 1 year with reduction in tumor size (70%) and side effects

-selection of indications for P2 will determine market size, likely to be orphan diseases

-valuation compares to Ambrex $2b similar stage

-Pipeline strategy is key, detail released soon

-targeting drug to tumor tissues is the holy grail of cancer therapy

-2 weekly study should finish middle of year, data will determine the multiple orphan indications for exoansion arms

-Neots yet disclosed full pipeline-work on more novel and potent warheads with precision targeting and Precision Plus, can’t say too much details to be shared once IP in place

-Ava6000 not limited to orphan diseases. Would want to work with a large partner to develop those comercial opportunities in larger indications

Looks like the same poster to me

This morning

Whatever caused the rise yesterday was not driven by an RNS. Sane today please.

Helikon our largest shorter seems pretty keen to close out its short. Down 1% in Feb/Mar to 2.5%. Maybe they are making bigger moves. We will see tomorrow.

Ok so watched todays and previous video and I take back everything I said about takeover offers not exceeding £1. This is a >£1b company and we shouldn’t accept anything less than that. Actually I think we can slice off parts for £1bn deals and keep much for ourselves to develop. The wider industry will know this now, or very soon. We need to get this share price up. I’m adding tomorrow.

Hey! That’s my post.

I assume that’s the point lol. Yes I followed up on the well cost query with another on Q1 production figures (In hindsight I should have given him longer than 1 working days to respond before posting) and may or may not have received the below response. Let me know your email and I can forward it to you if you are interested? Alternatively, ask for yourself.

In regards to the cost - the complete cost for the well (drilling and completion) was approximately $800k for the Fouke 1.

The Company is planning an update for shareholders. This will cover Pine Mills and more.

I had a holding here towards the middle/end of last year, luckily sold out before it dropped. I’ve been looking to get back in since over 30% were picked up by large holders. Seems like everyone forgot about that and that this is finally turning a profit. I’m very happy buying this week. Might add more if it drops, waiting for the next update.

Ive had it confirmed an update is coming soon on the full acreage.

Holders always think an offer will come in at multiples of current share price when in reality its almost always at a premium of around 30%-50%. I think you'd have to go a bit higher here but I would expect 90p would have a chance of being accepted, especially considering the amount of holders who got in at 50p. Don't get me wrong I think this is worth a lot more, but you dont get what it is worth when the SP is distressed, that's the point of a low ball offer. With UK companies, especially pharma, looking very cheap relative to stateside valuations I wouldn't write off a takeover approach at around 90p if the share price stays in the 50s much longer.... so lets get moving.

"This problem is expected to be rectified in the coming weeks"

Where have i heard that before...

And Petro is here deramping, we must have hit the big leagues!

No just two other shares where I'm already invested, helping people out, spreading the love and profits, you know?

Thats my lot. They can let this go now! Should be on the top risers board soon enough.

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Well if you put it alongside yesterday's trades at the same time it looks like a buy. But something that size was maybe a negotiated trade?

09-Apr-24 16:25:39 8.895 4,520,000 Unknown* 8.78 8.90 402.05k

09-Apr-24 16:26:59 8.89 9,822 Buy* 8.81 8.89 873.18 A

09-Apr-24 16:26:59 8.88 19,654 Buy* 8.81 8.88 1,745 A

09-Apr-24 16:26:51 8.8837 156,748 Buy* 8.81 8.88 13.93k O

09-Apr-24 16:22:36 8.86 22,574 Buy* 8.81 8.88 2,000 O

09-Apr-24 16:20:58 8.81 8,544 Sell* 8.81 8.89 752.73 A

09-Apr-24 16:19:08 8.82 1,749 Sell* 8.81 8.90 154.26

P119 I think its a bit simpler than that - there were a hell of a lot of buys to push it up 14% then some sold to take profit. The depressed share price and potential funding news make this liable to volatility. I'd take an 8% rise any day.

It is high risk and perhaps not a long term hold like Char.