if we are saying27 Feb 2023 17:30
that "the market" doesn't think much of the SD, you have to bear in mind the make up of most of the AIM market - Day traders & sell on the new merchants. The Percentage of actual investors is probably not that big.
In my opinion, not that counts for much, Avacta need to do a simplified presentation that normal people can understand...that is assuming that this is what they want to attract, which is - i suspect not. I think they are now targetting II's because that is where the money is and II's have their own specialists and researchers, so why bother producing a noddy version?
Today looked like Auto trades based around a specific VWAP....they got their discount by just battering it at the start of the day..