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If you don't trust AS anymore, would you not sell and move on? As opposed to de-ramping. There's a lot of people on here not invested - Very quiet when there's positive news and the first to comment when there's anything negative.
I trust Avacta's IP and long term think this will do VERY well - Like any stock there are risks.
Nice tree shake this morning for us long term holders! Getting rid of people only in Avacta for LFT sales. Don't get me wrong I'm disappointed too on the speed of sales but it was always the icing on the cake rather than the reason I invested in Avacta in the first place.
Topped up nicely today and will come back in 6 months time!!
Lol Matt will be laughing all the way to the bank once he takes it private again. Gets it for dirt cheap. If you think he doesn't know what he's doing at this point you're very naive.
Yep, if you keep selling the lower the price they get to pay when they take private - It's not rocket science! If they wanted the price to go up they would make some big changes, build confidence.
It's incredible what they've done ipo'd at a big valuation made hundreds of millions themselves and then a year and a half later buy the company back at a third of the value. They'll then IPO the different segments next year maybe on the US stock market. Genius if you ask me.
They will have to pay a premium on the share price no matter what so if it's 120 in 3 weeks and they swoop in they might pay 160-200. If it's 300 in 3 weeks time they would have to pay 380-420.
Messaged on here last week about Matt taking THG private.
So basically if everyone sells there shares it drops to £1.50 he can get the company for £2-£3.
If no one sells there shares and buys more and it goes to £3 he can get the company for £3.5-£4.50
He will have to pay a premium on the share price no matter what.
Why is Matt not helping prop up the company and provide confidence?
My thoughts are he's letting the share price drop as low as possible so he can swoop in as the 'saviour' but in theory he's buying it back at a dirt cheap valuation (he's made his millions/billions), he will then de list THG and re-list it as separate parts next year.
So if everyone keeps selling their shares he gets it at a bottom floor valuation and only has to offer a small premium. If the share price was currently 300 - He'd have to pay 350-450. If it's 150 he will only have to pay 200-250.
Just my thoughts.. Time will tell.
Yes we're looking for contracts however the huge share price drop has factored in very few sales from LFT's. It's all a bonus!
Current prices are a joke! Crazy over reaction, if this was a US stock it would've dropped 5-10% max. I'm loading up and averaging down - Don't get me wrong they've handled things terribly but they also aren't got to let this drop to 0. Once they've clarified the situation this will be on a steady way back up to the 400-450 range within weeks.
Tell me you're a short seller without telling me you're a short selling haha! Hope you made some good money! Lets see where we're at in the next 4-6 weeks.
Yeh, I can see it falling to the low £6's over the coming weeks. Iould potentially pick some shares up if it does as I think it's worth a punt. More based on the momentum of re-opening (for summer 2022) and retail traders rather than fundamentals of the stock. It's definitely not a share for the faint hearter!
I mean, Israel threatens a lot more than just lockdowns - But that's a whole other story!! Patiently awaiting International orders (EU) and orders from large corporations/airlines. 0 expectations from the UK government suddenly deciding they want to actually buy a working test and not lining their own pockets. 1-2 months and the price will be back at least in the 240-270 range.
I'll be honest I don't think we'll get the UK Gov contract - They have too much at stake to change to us. They've proven they're corrupt when it comes to the tenders, we think they'll admit to their faults and buy a more expensive test - They clearly don't care about what's best for the people. The key thing here is the EU and APAC markets and the Private Airlines Al mentioned today.
Just hold and ride it out! As soon as the first contract is announced all the panic sellers will be right back in plus all the new buyers
Super happy to see this drop as a long term investor as I'm able to top up again at crazily low prices! Sub 500mil market cap is a steal. Hold it for 1-3 years and you're laughing. Can see this back well above 230 range in 2-4 weeks post 1-2 contract announcements. SELL SELL SELL so I can BUY BUY BUY!
Love THG, especially being from Manchester/Cheshire. The discounting model is a bit worrying (2 emails a day from My Protein with 45% off). They have some great brands but the current share price factors in double digit growth, acquisitions and a lot of positive news. I'm waiting on the sidelines before considering it with an entry price of 530-550. There's plenty of better valued companies in the market right now.
Said it before and I'll say it again - The corruption so far with the government contracts means we have to put pressure on them and the media to actually purchase our tests. They have proven all they care about is lining their own pockets rather than what's best for the people. If not we just sell to the EU, but sadly more people may pass away due to the incompetence.
Just wait for the first few contracts to come through - All the people crying about no news on deals yet. If you've been invested for the last 6 months and are selling now good riddance.
Testing isn't going anywhere! For genuine Avacta holders you should emailing your local MP's with the recent news put pressure on the government. The corruption so far with the government contract tenders requires lots of people putting pressure on them to buy the best available tests at the expense of them making millions for themselves and their chums.
Agree with you, theres no viable profitable model here after the recent news. Sadly this will continue it's drop to the 100's over the next few weeks if not sooner.
Wow, this is crazy! I held trainline shares last year. The crazy recovery while we were mid pandemic made no sense to me so I sold out and took my profits. Been keeping an eye in it since looking for a 270 entry point. We may even see that today, But I don't think I'd buy into this again given todays announcement. Good luck to anyone still holding!
Long term Avacta holder here - What's the connection with Location Science Regulatory News (LSAI) and us?