RE: Takeover price26 Feb 2024 12:18
Some nice shouts there - £25 would do for me 😉 I must admit it’s strange so understand the trolls, I’ve been following this stock since 2018 and never once known the management fail to make any attempt to support a falling SP when the fuels clearly running out
Tracking back to 2020 we recall the April placing away at 18p stating they were funded for 2 years, then the covid opportunity knocked pump pump and hey presto an enormous £1.50 / £55 million June placing
Then the sudden major media leaks leading to the 21/02/2021 update when the company were forced to admit they’d been secretly working with the UK Gov at Porton Down after months and months of absolute silence, resulting in a massive SP spike
Then the infamous Jan 2022 update stating the game was up with AffiDX and that no further updates were due until the summer of 22, subsequently crashing the SP to 39p
But then in late 2022 the bond deal just came out of the blue, so far as the market were aware the company didn’t need any funding for its current operations, so the SP was stable, the bond deal dropped and nearly all the funding was used to purchase a diagnostic company, and the SP boomed !
I must admit I did know of this deal in advance, but can categorically assure I know of absolutely nothing further at this present moment
It should be also remembered the company immediately intervened 19/06/23 to quickly extinguish the TW comments about an imminent 85p placing following on from the surprise £10.4 million purchase of Coris Bioconcept which had clearly used up further valuable funds
But today not a chance, absolute silence, and yes the company are fully aware of the speculation, let alone the SP fall, and they will also be acutely aware Heights are due to be paid again soon – potentially Confetti Shares, Cash or other ?
From a scientific point of view yes what else needs to be said ? we have a revolutionary working invention, a new paradigm, which Novartis are fully aware, and the world desperately needs worth at least £20 billion, but this is the UK and the biggest gamblers cesspit in the developed world, the average player has no understanding, patience or appreciation of anything other than SP movement.
So historically the company are always sharp and active when they need / can be, and silent when they're locked into a major positive development
So what’s likely going happen ? well for me one of the following
1. The sale of the Diagnostics Division with the AffiDX brand
2. A major capital injection from a 3rd party / or major paying licensing deal perhaps for AVA3996
3. The company is on the verge of being eaten alive
Apart the fact AS has stated we don’t need to be worried about further dilution, for me all the indications from previous actions, speak louder than words and say absolutely NO to an open market discounted placing
Hopefully this will make sense and reach out to at least a few here and looking in
DY