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Jonesrichard - yes. I made almost 3x my original investment. If we all did that with every trade we would be very happy.
If I miss the boat I will take my time to study for something else.
There will be life after avacta for all of us chap.
Wishing you good luck but please reign it in a bit with your dangerous suggestions.
PL75 as I said I retain my vote of confidence for the company. Sadly due to the volatility of the SP, I think there will be a chance to achieve a greater ROI on my investment.
This is about making as much money as possible. If I miss the boat slightly there will be no tears at bedtime.
I would argue there is some probability a certain number of
The sizeable late afternoon buys came from accross the pond.
Following Alistair’s presentation this evening, I wouldn’t be surprised if there are a few fill or kill bids made.
If the share price opens higher, its a gem for those coming in at the final hour.
Jonesrichard you were ramping Novacyt to hit £100 Sp this year.
You are poison to newbie investors, who may be susceptible to overextending in hope of recouping money that may have been lost due to redundancy etc.
Please keep it sensible.
It’s been a fascinating day, having had the opportunity to study Alistair’s performance accross the two seperate public engagements.
The cynics will say it may have been a sly move to try and contribute to a lower SP this afternoon, to then deliver a hugely improved evening presentation. The contrast was apparent. I’m not entirely sure what to make of it, but the past few weeks have raised eyebrows from an integrity standpoint re: boohoo investment timing and the market knowing about the placing 48 hours before.
It wouldn’t surprise me if a partnership rns landed tomorrow morning.
Having had the chance to reflect, I stand by my decision to bank my profits today. I still believe the sp will sadly pull back slightly in anticipation of concrete news regarding the LFT.
I do hope this comes sooner rather than later and I absolutely believe avacta has the potential to achieve many multiples of the current SP.
I’m happy to take my medicine of it doesn’t fall further, but I am trusting my gut on this one.
I intend to be an avacta shareholder again very soon.
Perhaps this is indicative of him finding the tests aren’t as good as first hoped?
Absolutely not deramping but he was all over the news crying ‘eureka!’ and now he seems to be diluting the value and focus towards the LFT.
I think many suffer from sunk cost fallacy, whereby they think the size of their original investment is the precursor to hammer more in as the sp falls.
It’s important to continually analyze the market and make decisions accordingly. We are here to make money, it’s not a posing contest for who holds a share longest.
My gut feel is morning drops between 2-5% until the next major news.
It will be interesting to see what happens then. There will be some holders selling in to the news.
I am hoping to buy back in sub 120p.
Might get it might not. Life will go on regardless.
Absolutely dry land.
However opinions are entitled to change.
I still may hoover up these shares, but my gut feel is they will be available at a lower price than they are now.
To that end I’d rather protect my own cash and then look to capitalise at the time I think presents the right opportunity.
Playing the market is very risky and not something I advise but I stand my decision that there will be a lower entry price than what I have sold.
Happy with my profit and that’s all that matters.
I still believe the org has great potential but many trade on sentiment on AIM.
Irrespective of how I feel, my thoughts are the SP will be on a slow downward trend until next major news.
Full disclosure, I have sold my holding. AIM is a real casino and I’m happy to take profits at this stage.
I may buy back in and I may well regret this decision.
My gut feel is there will be a better price to return, if I decide to do so.
Been a great journey and I do feel quite sad but important to respect your money and not develop an emotional attachment to a stock.
Good luck all.
The purpose of my post is to see beyond the immediate share price.
The only time that matters is when you buy and when you sell. Everything in between is irrelevant.
Sorry if you can’t handle the swings. There’s not a stock in the market that this doesn’t apply to.
Folks, try to apply some common sense as to the direction the company is headed.
-Medusa - a new organisation with permanent leadership team, co-founded by one of the most successful online retailers. This has been set up solely for Avacta LFT distribution. I agree that the market is awaiting news flow on this before the share price may respond well, but those involved with setting up Medusa and gaining such skin in the game simply would not do so if it was not worth a considerable financial return.
-Covid is still very much with us. Just one look at the resurgence of the virus and daily numbers shows that this has the potential to hurt us for a long time to come.
-£48m raised in four hours when the org was worth £25 just two weeks prior.
For me, the road ahead is quite simple. We are making progress but this does take time. It’s as simple as that.
There will be SP volatility for a while, given the dilution of shares. It will take longer to recoup previous highs of 200p but I do feel as if though there is stellar news forthcoming.
The timescales have been loosely set and met. We are now at prototype stage for the BAMS test. I suspect we will receive interesting news on Thursday.
It may we’ll be a topsy turvy month or so but if we do release a highly specific LF antigen test, this will explode. Not to mention the therapeutics and cancer - however I suspect these will be longer term developments by default, due to complexity.
Following the panic of last week, softened by the great communications in the RNS’, I am starting to wonder if some of you are in the wrong game.
We are a few hours in to the first day of trading this week, some two business days after the CEO promised forthcoming positive newsflow on three revenue streams. We have just raised £48m to drive the org and innovation forward.
This takes time. Some common sense and realism must be applied to what the company is aiming to achieve.
If you are unable to handle the swings of the SP, I suggest you revise your investment. The only plausible rationale is you are over extended. I wouldn’t wish to see anyone’s mental health suffer from this but the panic merchants arising from a few hours imperfection are simply not cut out for investing.
If you are unable to play the long game you should sit this out. To be successful you need to ignore emotion and trust the process.
If you don’t have the minerals for it, I am more than happy to hoover up your shares.
This quote I saw earlier, not directly re: Avacta, really resonated:
‘ Often times a company can be a better buy at a higher price than it was at a lower price. At a lower price it was a gamble - but with a little execution it becomes investable. The great thing about small stocks is they have a long way to run if management executes.’
Having been in since 50p, and having had the chance to digest and process the events of the last week, I am more confident now that Avacta represents a safer investment than it did when I first bought in.
I really don’t want to come accross too rampy. I’d encourage everyone to keep their feet on the ground and maintain a sense of humility in what they do and say. That being said, this is the most confident I’ve been on a Sunday evening.
There will be more surprises along the way, but I believe Avacta has put itself in a position to now make many multiples of the current share price.
The rewards are there for those who can be patient and not follow the hearsay on socials. Somewhat ironic given this post, but it’s my honest two cents.
Enjoy the rest of Sunday and here’s to another interesting week.
I don’t post on here too often, but this is my third time today, after what has been the first really testing week as an Avacta shareholder.
I posted a reasonably naive and immature post earlier, bemoaning the integrity of the board by extending today’s placing by a further £3m. In hindsight this has proven foolish and as shareholders, we must respect that the board will be working on 2 to 3 moves ahead of what is being reflected in the immediate share price.
I stand by my frustrations in the the extent of insider trading this week. I have some reservations on the matter but it’s out with my control. I am at the bottom of the food chain and realise that there are other factors at play which have an impact in my investment.
If you had offered me a temporary 50% cut in profit, to be followed by the news we’ve had this afternoon, all rationale and business logic would remind me of the bigger picture and the value of playing the long game. I jumped on Novacyt thinking it was a get rich quick opportunity. I bought stock at 515p and cashed in at a considerable loss.
The past few days have tested all of us, that’s a certainty. Nobody knows what’s going to happen next but we have £48m in the bank and were able to raise twice the company’s valuation of 2 weeks ago in under 4 hours. We now have sticky fingers accross the pond.
I can only hope that there are many multiples of the share price ahead, however only the patient will be rewarded. Expect higher material highs and lower emotional lows but it’s all temporary. Sit on your hands and don’t bottle it. This has the potential to be a once in a lifetime stock.
I suspect we may be waiting for some major product news but it will be worth it. These things take time. Roll on the next few weeks.
I do hope my frustrations are soon quashed - and I still retain my vote of confidence in the board and organisation, as per my post earlier today.
There’s a reason Alistair is the CEO and I’m not, however feel like the integrity of the board will be questioned by many today. I am right to have an expectation that the pressure is on to deliver now.
I hold strong from 50p and am hopeful we can all benefit from this, both as shareholders and society as a whole.
Cheers