Member Info for Crocqman

Most U.S. firms will have UK offices who will manage their UK/Europe trading, as well as Asian counterparts who manage their Asian markets.
Also, many firms will place out trades overnight so that they are in the system to be traded when the markets are open, and will also have a locally based analyst with the permission to place out trades if any market sensitive news requires a quick response.
The markets are global now, and coverage is also global.
Trades can and will be placed at any time of the day or night from anywhere in the world (I used to do this from the UK for U.S. UK, Europe and Asian markets, and would hand the orders over to colleagues in the U.S and then on to Asia for 24h coverage both for placing orders for any market, and to manage the orders with the local dealing desk for that particular market time zone).
The only difference that makes being local an advantage is when news drops, but these large companies are really not interested in the daily movements to the extent that PI's are (overly obsessively, too), and in any case, will have arrangements in place, as noted above, if needed.

RNS
All EGM resolutions passed

Jai,
For me, just like here (AFC), the rise before eoy rise was overdone, and this has just been a natural dip whilst awaiting material news.
News to date has been very good, but it is not firm orders, cashflow, just confirming the progress and potential that many see.
As I pointed out over there earlier, the drp from 85p to 63p (<30%) is less than dips we saw there last year, circa 28p/29p to 17p (~40%), or even lower.
Nothing to be concerned about in either case, imo, as (big) news expected on multiple fronts across the course of this year that will show material changes to the underlying potential and allow a firmed, and more realistic valuation to be applied to each company.
Frustrating, yes, but just the usual AIM story, for me.

Others will disagree, and as Scarpa said, the oard there has been a bit of a stress-fest of late.
DYOR, etc

Apologies also for off-topic
gla

Good post, CB10.
Although at my intended target, I added a small amount at sub-2p yesterday as I never thought it would go there again with pending news.
Have a cheeky 2p limit by in place today also. Don't think it will get filled as I see a further rise when the EGM resolution RNS is released in a few hours. No matter though, as happy with my position and have a long term view
gla

This is a another great step forward after the distribution agreement.
I feel that we will get indication of sales on the BC side within the HY results now, if not earlier, even if it is not for a full month of data.
Material sales elsewhere too.
It will be good to see some cashflow figues from sales, only a few weeks to wait yet.

I will use the same analogy that I used on another share yesterday.
The BC distribution agreement was just an amuse bouche.
The confirmation that kit has been shipped to BC is the starter.
We may get a fish course (FDA approval) before the main course (confirmed monthly numbers).
Dessert will be something sweet :-)
gla

Spoke to my provider at 8:30 this morning as ticker not available in their system.
Waited all day for a text to confirm it had been set up and available to trade, but nothing.
Not surprised, but frustrating.
Hopefully it will be sorted tomorrow.
Pretty good volume here considering the issues had by many, a good sign for the first few days.
gla

There won't be any 'One more thing ' at the EGM, as they would need to RNS any material news prior to the meeting if there was.
Just a straightforward resolution approval requirement, should all go through smoothly and quickly.
Probably not worth joining the call tbh
Approval of the settlement change could cause a small SP lift - it is possible that the uncertainty and some concerns about the potentiial impact has caused the SP to slip in recent days seeing as failure to approve the resolutions will result in suspension of the shares
Expecting an RNS to confirm all resolutions passed by lunchtime
gla

Just added a few more at 1.98.
Didn't think I would be able to add below 2p again.
Still a small position compared to others here, but happy to hold for news (may add some more this week if can still add at this level).
gla

Charile,
That must be the reason for the delay in the tests, Avacta used the fund raise last year to go mining for bitcoin instead :-)
Not sure how/why people still read articles by sources like Motley Fool unless it is for the comedy factor, a step down even from the DM

Hey, Timster, that was my line (from 09:05 this am)!

MD,
Not forgotten that at all, I have been particularly forgiving on this factor both here, and elsewhere with regard to timescales and delivery.
That's why I pay no attention to those that deliberatley still refer to the summer targets originally quoted from before covid struck to make their points on here as it was clear those dates were never going to happen.
The revised targets suggested for late Q4, since revised again, were always more realistic, although still challenging, for me (it was the weather that was supposed to be the challenging factor, not covid), but the further slippage to end Q1 for gas (likely to be Q2 without a firm update?), is still disappointing even in this climate.
No real reason why covid should have such an impact on approving the funding though, as Gallifreyan has said, unless the general market uncertainty is playing a part, although that will most likely be reflected in the terms agreed than a yes, or no decision (imo).
I still expect an update on funding this week, either way, given the companies' own announcement on the matter.
Over to GL

I'm just surprised that no one said 'cry me a river' in reply to Garonne
I'll get my coat

The danger is Gallifreyan, that although Angus has (in my view) done a good job over the last 18 months or so to restore what was a pretty poor reputation, not yet on delivery (which is still a big question mark, to be fair), but on communication and trust that SF will see a different light shone on the company, that trust part is slowly being eroded away as a result of their (much improved) communication, through them committing to timeframes (albeit objectives, or estimated ones), and not delivering.
They have not struck the right balance in managing shareholder expectations of late which only gives fuel to those who still seem keen on the company to fail.
I have lost track of how many times last year that I said that Q4 last year was a big period for ANGS, with all the news that was due before year end.
We are still waiting for the majority of it now, and Q1 2021 has quickly become the new Q4 2020 in terms of delievery.
Very frustrating, but I have held this long, so will continue to hold for firm news. Only 30% down currently compared to almost 95% at the worst point, although I was within touching distance of breaking even prior to the disappointing placing(s).
gla

Just to add, it may seem inconsequential, but providers are charged based on the number of securities they want pricing for.
They will only add a new one if needed and will regulalry remove unlisted, or unused stocks to save paying for something they do not use.

SC,
I think the issue is that providers will only set a security up on their system if there is a demand for someone to trade it, otherwise they will be doing this all day for securities that may never be held, so it is done on a required basis only.
The company I worked for would only add a new security onto their pricing system, if they received a specific request to trade it (the number of new listings every day across all exchanges/markets is huge and systems do slow down with unnecessary and unrequired data tbh).
We all know the likes of consolidations, etc are always priced incorrectly for a day until the system feeds work, but still, when a new share is added you would expect the price indicator to be correct (they either set it as 'pence', or 'pounds', hence the often seen discrepancy, which will be corrected once there is a proper overnight pricing feed and they can check/sign-off the set-up.
Oh well, just a case of waiting for a text to say I can proceed.

Great news today, but don't forget, as far as news is concerned, this update is only the amuse-bouche.
We still have several courses of news to come, with each likely to be more substantial and satisfying than the last
gla

Not yet set up on their system for me (HSBC) as it is the first day of trading (overnight feed usually needed for pricing, etc)
They couldn't even place a telephone order for me and are going to raise this with their team to get it set up.
I will get a text when it is available for trading
Some providers clearly better than others when it comes to many things, you get what you pay for, I guess!

Did any of you manage to buy in the IPO?
My provider does not recognise the ticker, and are uselss with IPO's, corporate action events, etc, so it was pointless me trying to register via them to arrange with the broker handling the fund raise
On the phone now, but covid measures suggest they will not raise telephone orders.
Good luck

Agree with many of the posts here.
Have been saying similar on 3 different boards over the past few weeks.
Not concerned with daily/weekly moves.
Feel the rise was overdone given the specific news seen in all cases vs actual change to fundamentals.
It will come, just need to wait for the firm news and another run up.
Everyone should stick to their own strategy and not be swayed by others when it comes to investing decisions. We all have different aims, targets and reasons for being invested here, or anyway else
gla

I think that the geothermal project is tied to the funding announcement, so we will only get news on that alongside, or following the funding news. They have also suggested geothermal news will be revealed in Q1
The RNS and a related IQ suggest this.
The funding delay (albeit it was an objective, rather than a confirmed date) is disappointing