"won’t be saying that once the first deal is signed and delivered" 100% agree spot on he wont be saying that when as signs the first deal as we will all be dead by the time AL whips out his bloody parker pen ffs.
There wont be one anytime soon Ice anyway as AL is only signing deals if its a decent size one for a gazillion trillion it seems.
Just give it up PL you are not allowed to say anything negative about AS or his business accumen already had my warning from LSE.......
Everything is rosey the fact the share price is 52p is no problem at all, AS is a genius, the DX purchase was genius, I wish he was my dad, all hail Al.
Https://www.fidelity.co.uk/factsheet-data/factsheet/GB00BYYW9G87-avacta-group-plc/profile
Dont be lazy maybe do a better job of looking into my posting history I have never said the science is not great. Thats not the issue
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.
Thats when AS was telling us not to worry about funding, spouting maximising shareholder value, talking about value curves and commercialisation. You make judgements given the information thats provided. Maybe still will be a billion company by dec 2024 if the right decisions are made then im still right eh?
stop been a sheep
I take everything that the pump squad on twitter say with a pinch of salt. Having said that what I have just seen posted by McNulty could have been pulled straight out of my head. Although I was thinking slightly lower than 200p/s
"The fact that the share price hasn't budged after the sublime #AVA6000 data presented yesterday, will have licensees at advanced stage of due diligence thinking, "Why pay all that cash upfront for rights to only a single indication for a single pre | CISION drug, when we can just acquire the entire company for 200p/s?"
Avacta is now a sitting duck, I have absolutely no doubt about it.
And in advance of people responding, "Not a chance that a 200p offer would be accepted! " - I would suggest that there are very many holders who would bite an offeror's hand off, at such a price, given the plethora of commercial failings by Avacta's management in recent times, and the resultant overseeing of substantial destruction of shareholder value."
Full tweet for clarity as I only pasted part of it: https://twitter.com/MylesMcNulty/status/1778036208993501340
And your confusing your "hopes and dreams" for the company with the facts that we can all see at this moment in time. I feel like Avacta is your flat earth Ice and regardless of facts or evidence to the contrary the earth is still flat.
You do you and I will do me ;-)
Jesus here we are sat at under the placing price and people like you are still talking absolute$hite. I have seen so many of the rampers and BS merchants gradually creep back in since the placing with the be patient, will come good, wait for the conference, news blackout, rehashed old info blah blah blah etc etc etc.
Personally I now feel like the science is in the wrong hands (I still think the science is strong) Avacta are not the company to take this forward for the benefit of cancer suffers unless it appears we are prepared to wait 50 years for them to get their act together (dont pretend timelines have not slipped again and again and again). They are commercially inept as far as I can see on evidence so far and have the communication skills of a bag of crisps, this opinion is formed on the basis of all the tosh we have been told about commercialisation, everyone wants it, no placing, non dilutive funding, share holder value (I could go on)
What am I hoping for now? Well either changes at board level to actually move the company forward which is not going to happen, I foresee much of the same if the board stays as it is. We will all be back in 6-12 months angry that they shafted us... AGAIN. My second preference is just sell the company for £1.11 ( My average is £1.10.) so I get my money back and put the science in the hands of someone who will take it forward at a reasonable pace. (currently at 49p getting my money back seems as likely as AS stepping aside )
Rampers can come on with their bull$hit I dont care what you have to say I really dont save your breath (I read the same RNS as you believe it or not, I am just not as blinkered). The share price is under the placing ffs stop defending the incompetence of the board and the "ah well that happened lets move on" attitude and expect some accountability for the lies and waffle we have been fed over the past 4 years.
The science seems good and I would love to be wrong but I am pretty sure now its in the wrong hands.
Yes personally I would still be annoyed. He lied multiple times how do you trust someone like that again I really don't get it? Don't want to hear this sell up if you not happy nonsense. I still have some faith in the science but zero in AS to move the business forward in his current role. I genuinely am shocked people ate so quick to forgive and forget his 4+ years of clear nonsense with hindsight.
"Good luck with that, most folk don’t care."
Therin lies the problem. Do I care about the placing? I knew we needed fundingI have been saying it for months but I didnt expect it to be at 50p a share after all the CEOs comments ("Dont worry about funding" "Fundraise below £1 unlikely" ) which is the information us shareholders have to make our investment decisions on. Do I care that the CEO CANT be trusted and has REPEATEDLY lied to shareholders? you are dam right I do and the fact some of you seem to have washed that out of your mind and some of you are even back to the same level of ramping before his BS says a lot more about you than me.
Science solid and AS is clearly a good scientist but a good CEO? not for me. But lets brush his BS lies under the carpet and "move on" with not consequences we can then all act surprised when he spouts more BS in the not too distant future. I think some people on this board (and I dont mean you Ice in general I quite like your posts) live in an alternative reality with unicorns and rainbows with pots of gold at the end.
Paul hill mentioned 40 days news blackout due to US regulations or something? Any accuracy in this what exactly does that mean? AS cant explains the clusterf**k for 40 days?
Ironically 40 days I think to the AACR so anyone hoping for news before it better not hold their breath if the sbove is true.
Ive read his articles and they are not for me. He seems to flippy flop more than a fish in a canoe in my opinion(you only have to look at his twitter post a few days ago about not remaining independent, Novartis, big pharma etc etc ). Feels like someone trying to make a name for himself (nowt wrong with that I guess but not for me)
Personally about as interested in his views as I am that of ofraudian and McNulty
cant comment on the placing too ****ed off / feel like a mug for beliving what the clown said. (hold my hands up to those who i thought were wrong you were not. sorry)
considering 3% is 10ish million shares and the following statement in the rns. (it is 3% for tr1 right?)
"the company has successfully placed 51,269,609 placing shares at the offer price of 50 pence per placing share with new and existing investors, including a number of high quality institutions and a european specialist healthcare fund."
would we expect to see a tr1 or are we thinking its just more hot air from the company.
oh as aa side note as is a twat and should pack his bags and f**k off.