Member Info for DD77

I disagree SK and think it’s the right move for the company. They should be able to renegotiate some discount, although I doubt it will be significantly different. Durrant is a dab hand at negotiating through tricky periods and this is another but I have faith he will appease all parties. And oil will rise again, that’s for sure

Wow, that’s very interesting news. Should he have really leaked this? This only offers additional support to the viability here and makes it worth considering adding at these levels

I'm of the same opinion NOZ85, hence why i just made clear my dissatisfaction and consideration of changing broker going forwards.

Bsinkers - apparently they are within their rights to. I agree registering a complaint won't help me with this necessarily, although there are a few days to go.............but I wanted to register it anyway. It might make them think twice in future or if enough people complain, they may change tact

NOZ85 - you have been given duff information. I have just been on the phone to Halifax now. The lady read out a statement from higher management which said they were not offering this, because of the restrictions in place (time consuming) and because they think it will be heavily oversubscribed and scaled back. Whilst I empathise with their POV, I have registered a complaint, as other brokers are offering, so i don't think i'm getting an appropriate level of service

It is a still a fairly big risk here, agreed. But it is significantly less risky, following that RNS. They had previously indicated a consideration to take the company private.......well it appears that is no longer on the table. They have shown huge commitment in deferring remuneration for the directors and non exec, and are exploring further US govt support. Of course i'm sure there will be some additional form of equity raise coming, but today's news has de-risked a fair amount.

Agreed, it was quite a cautious update that's for sure, certainly not upbeat. However, I do see the copper market rebounding in months to come, as the market returns, which should aid FX and our financial performance. I would expect ZAM to look at what other non core assets it can dispose of though to further reduce debt. The sale of Sinazongwe farm provided a great return

What's more, he bought in at 7.5p!

Continued to reduce their stake to under 15% now. This will have depressed the SP and I think will continue to do so as I don't think they'll be finished. They've done the same with Provident Financial recently, and it seems to be a trend, partly as they're struggling and need to liquidate due to outflows but also to distance themselves from some of Woodford's plays

Is it? Depends how you look at it........

It certainly looks to be heading that way!

So they’ve continued to reduce their stake to 13.6%. This is going to continue to depress the SP as I don’t think they’re done yet, given their struggles

Will ITX be able to take advantage of the 100% back government loans in issue?

A couple of price monitoring extensions here today and a 30% rise.........good to see some movement finally in this dog

Invest here at your own risk - it's a one horse play. It might give a return, particularly at these levels but it's a limited play

It was a very strange decision by IPO, and i say that as a long term holder of both AVCT and IPO. It was right before AVCT began to fly and they must have known what was forthcoming with Covid test.

Morning all,

Hope you're keeping well. I am a long term (10+ years) holder of AVCT, which is finally coming good, albeit for different reasons than originally intended. The announcement with Cytiva peaked my interest here, and i am considering joining the herd (albeit late to the table). Why have the ii's been selling up here though? It seems strange

I don’t necessarily disagree cadbury but I’m pretty disillusioned here tbh. Having originally invested at £2 (before it went upto £3.30), I have now sunk £20k in here with an average of 20p. I’ve got to the stage where I don’t really want to throw good money after bad.

However, a couple of my other investments are looking like paying off handsomely so I might use some profits for this here. The number of shares in issue is eye watering now though. They’d have been better off combining this news with a consolidation.

The only glimmer of light I can see is the ii’s backing this company are noteworthy so that is some comfort

FFS just seen this RNS, these were in my bottom drawer. Are you saying that I’ve missed the boat on the primary bid offer? That’s ridiculous.

How about 6’s ??

Big IF there cadbury, they could just delist the stock and take it private......