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Point taken and acknowledged.
It would be a massive event for PFC to fall into Admin. Carillion went down in a very hard environment having screwed up multiple contracts. Not sure PFC is unsuccessful at what it does. But yes any company can. Debt and creditors default are the keys.
Would be very dismayed and rather ruined for that to happen.
Same time last year the same happened as now. Worth remembering.
The systems software does exist . Definite as my colleagues work with it and especially algos.
Not that you are wrong here.
To find buyers, you drop a price.
But the system is far more versatile and complex than you may think. It is not that one-sided. Wish it was. Used to be 30 years ago.
Many like you.
Shorters are sharks. Feed off blood in their frenzy.
Govt. allows them unfettered but they are fully in control. They will be buying back now.
Buy if anyone can or miss the boat.
Don’t look if you can’t.
This opportunity won’t come again.
The H/C 89.5 theorists may be right.
Good for them.
Can’t be that many left of 3.7m as the selling has been relatively humungous this week.
I still personally see it as a great buy opportunity and am very frustrated that I can’t.
Some decent posts have educated me this week.
I think we will probably see stability and a more optimistic s/p by the end of the summer. The new shares will be cleared soon enough and there don’t seem to be any shorters above 0.5%. Any share can go lower, but this seems a fair buy right now. Wish I could. People are relying on H/C taking profits and departing. There may be more tonit than that, so I personally do not expect an imminent rerate. The market rockets or crashes and burns at the most unlikely of times. Not sure how many are on a 25% loss or over like me ( I would be interested to know), but itvis just a waiting game as I see it unless one wants to crystallize loss. It may go further down. Personal decision. Myself? I will wait. RNS last month did not favour an imminent fund-raise, so a Right Issue or Placing would be surprising. The 3.7m new shares must be nearly sold , so shorters should beware in case there is a buyback. Could go either way. Or range trade next week perhaps. Will see.
Happy to leave, big loss is only on paper.
So much for the 89p HC thesis.
I did unwelcomingly post yesterday to expect the unexpected and the overshoot.
This will be a while before any correction imo. An oinion. Happy to be wrong but I don’t think so. No promised imminent news. Shares have no bottom.
I am long and losing at £1.18.
IMO a while until we see a bounce. ( opinion only)
As I expected. It was easy to pull that trigger.
Apart from going on and on, I was just bringing in stuff…and yes it has everything to do with Avacta.
As I said, you probably know more than me about the present Avacta. I have been in it since 2021, but do not visit this board.
I expected irritation, but just wanted to express the dangers of bb’s re. decisions, how simplified some people see sell-offs ( as we did with 4D) and the stock market , and how polarized I have found it here. I come for some enlightenment on events , which some posters bring. e.g. Iceman yourself. I’ve picked up a lot this week.
(But if people don’t like posters opening up , they shoot ya down).
Yes it was a tract/essay, sorry for that, but you didn’t have to read it, can disagree, or just green box me. I’m sure a few of you will. and you may delight in announcing it following this post.
But I was bringing in the unknown, having lost big 6 figures on 4D, Ncyt and Pog. I was taken for 3 rides.
Some people don’t like it, but in today’s stock market , you really should think about the unknown, especially in pharmas.
Surprises e.g. Funding!! There are cautious posters, but one whose naivity astounds me. This could bounce , but rns ‘s don’t appear like magic and people ( shorters or not) in this world get away Scott-free with stuff until their last breath . Tough world.
I am long ( no I’m
not lying ) and don’t want more selling , but I have been caught out bigtime, but if you don’t like what I say ….and I did go on a bit, who cares? You don’t have to agree with anything I wrote or read it or my posts again .
Relief. No more posts now.
I think you are prpbably right. And know far more than me.
I have been a terrible trader of 35 years. First 28 I did well, then fell for POG, Ncyt, 4D and Trin. Lost it all. Have a small holding left here and have gone from riches to rags ( Ncyt and 4D) due to falling for company corruption, market corruption and believing bulletin boards. I am all but broke now. My bad. My naivity in an evolving devious market where the last to know is the p/i post -event.
We have one poster here for whom Avacta shines through each opening, and can’t go wrong. Along with the idea that shorters will get their come-uppance along with other neer-well- doers , is just naive. Avacta is a pharma. Pharmas spring surprises at times ( see SNG) . Shorters almost always get away with it Scott-free, especially hedgies ( apart from the wonderful VW squeeze!) Shorters don’t get any come-uppance in the world and people doing bad things often get away and lead comfy lives. Thinking otherwise is naive and just plain wrong. Vlad the Ukraine-Impaler and his oligarchs have done very well, as do many criminals the world over. I know and have known many. No pay-back unless caught.
I expect this will seem an odd post to some. I just want to express that there may be things we just don’t know about. Expecting an RNS to land is just plain fairtytale. They come when appropriate. Or to manipulate sometimes. Saying it’ll all come good is also fairytale. It may. But it’s a pharma with no income. Yet. All sorts of scenarios can play out. To say we’ll be raking it in no matter what is just plain naive.
There is more sense in HC’s 89.5p, but markets do tend to overreact andmm’s love to make a killing. A share has no floor.
So, no worldly payback for naughty people, no floor for a share-even if HC bought at 89.5p, nobody should discount funding etc etc. This is not to depress people. I actually want to assist holders. I am long and losing. But keep an open mind here. Shares have no bottom. And this could bounce, but IMHO not for a while.
I can be wrong on any of the above( except certain principles ).
Why am I posting?
I run the 4D shareholder action group. I lost all I had left apart from a quid here and a quid in Trin. Fool. 298 members losing C£16m . Pharma. We were drawn in and fooled for 3 years. I am instigating a legal case with Harcus Parker if we get it off the ground. We may/may not.
This market does not take prisoners.
I respect well-informed posters here and am saddened by the naive ( one in particular-forgive me).
So….ignore this post if best for you. No need to shoot me down. Got the t-shirt after 10 years on the lse board.
I am learning much from the informative posts.
Just..caveat tenor ( let the holder beware).
I think this slump has a time to play out yet ( opinion) and could certainly go further or bounce.
I think H/C are selling, but my experiences have shown me that Placings, Rights issues and funding covenants should never be disco
joasoapy. i just don’t like aggressive or attacking posts . unnecessary. only in defense maybe.
i was just expressing a valid opinion(?).
not interested in putting people down or ********. just in info and collaboration.
Just an extended tree-shake. I suspected it would be more prolonged and said so( though I do get market things wrong of course).
Market is trying to instil fear and usually succeeds.
Bail out and lose or hold and bottom-drawer.