RE: Today’s RNS21 Oct 2024 11:37
@hants
this "market" you're talking about is mainly retail - most of who don't know what an affimer is or some cases don't even know what avacta actually do n- even worse some still think avacta is a covid company.
"the market" is not some all seeing eye, its people like wyndrum and winnifrith who think they are smart ****s by shorting and making predictions.
retail is a poor judge, most of the time, of what is going on because it's their own money tied up - the minute the sp starts going south they just sell. so, saying "the market" doesn't like it or wants specific news is just a load of p*ss and wind.
in aim you have to understand the investment case and clearly that is not the case with a lot of retail, they follow others into a trade and don't understand why the sp fluctuates.
i'm a retail investor, but i bother to understand what i invest in and i don't trade. currently there seems to be a lot of experts but not much expertise, when talking about avactas finance etc...
if they convert the cln in shares, who cares, its a drop in the ocean. look what happens with junior miners/explorers, they get diluted to death but peopel still invest in the good ones, most have billions of shares in issue not millions.
people need to get a grip. life saving/changing tech, that no one else has, 100pc owned and people are bothered about a small dilution....if you can't cope with that you need to put your cash in an s&p tracker