The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I had a quick check after the EOB and Google told me the last sale was 177. I actually didn't care. I'm pretty heavily invested here and had a moment of clarity that this isn't a short term game, and if it dipped at the end of the day it didn't matter, because I wouldn't be selling. I hope many of you find the same comfort in this company that has so much promise
Oof, I remember a brief foray into Hurricane.... I bought in at around 60p (very late to the party, sometime mid 2017?). One month later it flapped up to 66/67 on no news, and I sold out at +10%. I think it's been dropping since!
A lot of people on BBs have proposed a number of exit scams/asset transfers that the BOD might be attempting. For what it's worth I don't believe a word of that speculation, and I still remain reasonably confident of a good outcome.
My question is... If there was no appointed NOMAD at the time of the last RNS, was their any authority to confirm that "due diligence of a new NOMAD had been substantially completed"? If there is no appointed legal counsel, what is there to stop all RNSs being completely fabricated? Is AIM itself responsible for validating the content?
On HL (at least on the mobile App) if you fill out the form to certify that you are a private investor, the logged-in portfolio view has the up to date scores. Without that it defaults to 15 minute trail
Of ever knowing the full story when it comes to what is currently going on behind the scenes.
In a few weeks when EUA is either sold or delisted... Or share trading resumes... what are the odds of knowing the ins and outs of what I currently happening behind the scenes?
Sometimes I wonder why I keep checking back here. If there's no RNS there's no point staying; the rest is pure speculation.
Occasionally there's a gem though. To whomever commented a number of months ago that "it was a shame everyone had their money tied up here, stopping them investing in AVCT", thank you kind stranger. It's been a hell of a day and it's helped shake some of those EUA blues.
I'm anxiously hoping for that mythical RNS tomorrow or next week, this was the share I held the highest expectations for. If it's a bust then it may well be my last AIM venture.
People on this board need to have a long think about heir own negativity.
MedUSA19 doesn't have a fleshed out website... Of course not, they're a distribution partner for a product that literally hasn't been manufactured yet. Did you want stock photos of pregnancy tests?
This takes a bite out of a direct to consumer market - sure, but I bet you're kinda proud that you found out about AVCT before the rest of the world because it ISN'T well known. BooHoo is already a household name, and they have an established promotional network, and hell, why not add a test at home Covid kit with your clothes shop at the checkout? Did you think people would come to Avacta instead of taking the first test they found?
SP will be taken up and down, but when the news comes that we all expect, it will just go up. Chill out
Which happens to be a company owned by a large stake shareholder.
Why on earth are people chiming in like one of the BooHoo founders a) doesn't understand direct to consumer distribution b) would create an additional company to damage their own stake
Entirely possible that this is David Hanson PhD in geology, working as a lead engineer for Spokane mining. Or it could be a dud post. I'm going to wait for the RNS and give credit retrospectively if it's due.
There's been too many suggested narratives and onetime posts on this BB, it's easier not to believe until facts present themselves
I almost got another buy in at 16:29 today but hesitated. It's AIM so I suspect the price will be lower come Monday unless there's news... but at this point in time it seems like there could be a torrent of news at any time
Already heavily into Avacta - although they're clearly on a COVID related upswing the other components of their IP are potentially game changing. Of course, it's hugely attractive that I can drive to their offices, and they aren't subject to Putin's heavy hand. I'm swearing off Russian mining investment for life
Without being facetious, I hope you aren't significantly invested if you don't know one of the main routes for companies to directly distribute news to markets
Other than NMC Health, which appears to have been busted lying on the balance sheet, and become insolvent, the lowest Market Cap on the FTSE 100 is around 1.4Billion GBP
There is great technology underpinning this company, and great potential in therapeutics, but the likelihood is that AVCT is bought (at least in part) before ever reaching those heights... The FTSE 100 aren't there because of swings in market sentiment.
I don't need any replies to tell me that the previous comment is pie in the sky optimistic, but I haven't seen anything to suggest that the shares can't resume trading (relationship with CITIC confirmed.... sort of), but that would damage the value of the company in this market.
The BOD must prefer the situation where we resume trading before being evicted from AIM - their own financial value is vested in shares too. Voluntarily holding out for a splash play is surely the only reason to remain this way
That's true, but it's not one day... it's been months.
If I'm to put an overly optimistic spin on it I would suggest that the BOD are making the best of the horrible market situation to hold the price frozen for negotiations behind the scenes.
Another optimistic take would be that the NOMAD wasn't suitable for the scale of negotiations taking place so they were replaced by mutual agreement.
A third take would be that the flanks approval is in the post, and until either that arrives or the new NOMAD's signature is pen on paper we don't have any firm reportable changes. The BOD and NOMAD could scheme for the best interests of shareholders (and more importantly, company value), to hold off on signing (reportable) until the flanks license is approved (reportable), which would cause a conditional offer to materialise (reportable).