Member Info for cristalball

Someone took a chunk late Friday - very nice RNS again

Those trades look very suspicious. Fingers crossed someone knows something ! It’s been a long time coming .

Well... we dropped into the 120s as i said we might this morning (and got slated for - idiots). Anyway, on Radio 2 at lunchtime there was a professor on who said we are likely to be living with Covid for 5 years (he said 3 at the minimum), regardless of vaccines or treatments. Ironically reassuring as an AVCT investor. If of course, Alistair has managed to get the instant saliva test to market by then... (joke).

... here anymore ? My position is clear, I post when I buy and sell . I still hold all my profit shares (>80% of original buy in) . Took profit around 1.50. Free roll. I post when I think the news is great , and when I think it’s a bit of a filler . I hope I am wrong for by portfolio’s sake , but I don’t think we will see much of a rise . It may even dip back to 120s. You lot are incapable of reading news objectively . .

Getting a bit silly now . Starting to read like one of Frontera’s RNSs.... not the news anyone wanted and again, no clear timelines . Frustrating.

To answer your question( as someone also invested at 16p and having taken my stake back at £1.50), my posts represent frustration at seeing a company i part own, not making quick enough progress to take advantage of what should be a world beating product, in a gold rush. No one cares about other applications, get the damn test working and out to market. that's all.

They have got to pull their finger out and get this saliva test out to market . You can have the best product in the world but if everyone has bought something else already, or the demand goes away, it’s all pointless . Painful watching us miss a huge opportunity.

1) why do RNSs not show up on this site anymore?
2). This would be a great RNS 3 months ago . Good PR but no real sales channel . Updates on the test please .

Captain - I usually hold for 3 years plus . Being frustrated at the company’s inability to capitalise on a near term opportunity , is different from being a ‘day trader’. I clearly declared my purchase of AVCT first week of April . No agenda here - I want them to do well. Not selling either way - whether they make hundreds of millions or nothing out of Covid . We raised 48m at 5x my average so sitting tight , watching , waiting .

Alistair is in a no lose situation - as an AIM CEO he raises a huge amount of funding at a massive premium - and can keep the lights on revenue or not for years .

Every day that goes by and we don’t have a product out to market we are missing a huge amount of revenue . Can you not see that ? Vaccine / weakening of the virus/ competition = huge reduction in sales opportunity for AVCT . UK is back to normal now as far as I can see .

Medusa is exclusive B2C I think . Doesn’t cover government/ health care providers . Could be wrong. Fact is - the investment case here was strong pre Covid , and I didn’t invest because of Covid - but it’s really frustrating watching them mess up a company making opportunity.

Boat slowly setting sail and we aren’t on it . Yet ...

Nice of LSE to not show this or email....

RNS Number : 1227S
Starcom PLC
06 July 2020

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").



6 July 2020



Starcom PLC

("Starcom" or the "Company")



New Bank Facility and Trading Update



Starcom (AIM: STAR), which specialises in the development of wireless, Internet-Of-Things (IoT) based solutions for the remote tracking, monitoring and protection of a variety of assets, announces that it has entered into a new revolving credit facility ("RCF") with a leading Israeli Bank, for up to 5 million Israeli Shekels (c. £1.175 million).



The RCF is for an initial period of 12 months and attracts an interest at a rate of c. 3 per cent. over Israeli Prime Bank rate. The amount that can be drawn by Starcom under the RCF at any given time will be calculated monthly, based on the accounts receivable of the Company.



The RCF will be secured by way of a cross group guarantee and a floating pledge over the assets of Starcom G.P.S Systems and is subject to certain standard banking covenants. In addition, Starcom is required to have a deposit of 15% of amounts to be drawn on account with the lender prior to drawdown.



The RCF has been entered into in place of the government backed loan facility that Starcom had applied for, as this was proving difficult to conclude and was for a lower amount.



Trading Update



The Board considers that it is still too early to predict the impact of COVID-19 on the Company's trading for the current financial year, with many of the Company's customers still in lockdown or only recently released from it. The Board understands that certain of its clients' operations will recommence in the coming months, which is hoped will result in improved trading for the Company in the second half of the year.





Avi Hartmann, CEO of Starcom, commented, "We are pleased to have entered into this RCF and the fact that is has been put in place with an established commercial lender in Israel should provide additional comfort to shareholders. It provides the Company with additional financial security during this uncertain period."

Taking too long to get the test out. Simple.

Those countries who “did well” to control the outbreak - NZ / SK / AUS etc - will have very limited immunity - so as soon as travel restrictions are lifted , there will be further outbreaks . Key markets for our LFT ( If we can get it out ...). Come on Avacta . Golden goose is running .

https://www.bbc.co.uk/news/live/world-53174059

Very nice indeed. 3 way superpower bidding war coming? Russians - taking another 1% of the company. Links to Russian government via investment vehicles set up to fund Finnish reactor. So.. that's the US DoD expressing an interest, the Chinese signing an MoU to fund the mine development, and the Russians taking an equity stake. BOOM.

https://www.politico.eu/article/finland-nuclear-investor-russia-investor-reactor-energy/
https://www.reuters.com/article/us-china-rareearths/noble-unit-signs-mou-to-supply-rare-earth-products-to-chinalco-guangxi-idUSKBN1YD0X9
https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive/exclusive-pentagon-eyes-rare-earth-supplies-in-africa-in-push-away-from-china-idUSKCN1T62S4

Fingers crossed they get something workable and approved in the next couple of weeks .

How can you have lost on ODX ? It’s up 700% in a matter of weeks!