The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Thornogson/NDN/Eggy
I'm a long term holder and would have bought but I don't have available funds so didn't. Nothing to do with trust. I still firmly believe AVA6000 is on track to be licensed which, with the whole platform, will make AVACTA ripe for a TO that will yield me a very sizable profit. Short-term changes in SP are of no relevance to me.
Am I missing something here ? The raise is only a 17.8% dilution, all sold and indeed oversubscribed. Why a drop today to the the 50s ?
PS there was always going to be a Phase 3 ! The point is licencing won't necessarily require it and can be after Phase 2 !
Interesting thought...Ultimately he's out to make money not friends (that would be impossible).
What a bucket of b a l l s. Last open offer at 95p was oversubscribed by 772%.
Leaving the ease with which funds could be raised Alastair has made it very clear that future funding will be non-dilutive.
Absolutely agree.
Looks like the shorting crew are still selling in the hope they can trigger further falls. As it's largely based on the FUD falsehood of an imminent raise (please read the CEO's comments) we could see a very substantial and rapid recovery shortly. Pun intended.
No, I was being conservative.
£17.35 per share
Looks like the shortest target wasn’t met. Team FUD still spamming the usual drivel about raising cash. Next week should be interesting even if there isn’t any news.
The most annoying aspect of this recent short attack is the timing. This year's ISA is full and I don't have any spare cash. Otherwise it would all be going in here at this price.
My take is that there is something of great significance that can't yet be discussed but is surely imminent. Couple the eventual news with desperate shorters trying to close and I'm definitely missing out !
My read of this (apart from obvious sphericals about a placing from the dentist dodger) is similar. Something brewing that can’t be openly discussed for which there are only two real options. One it’s really just Ribena as Timster would say or two a deal of significance is being finalised.
As Alastair himself said, ‘don’t worry’.
Avacta and AS have been very clear in their communication to investors; it works so don't worry it's in hand just be patient.
Looks like there is another last ditch attempt at a short attack this morning. Ignore the FUDsters and check in later when they've gone. I think they are just about spent and hopefully we'll see a recovery this afternoon.
Its not, its rising. The shorters have had their fun.
But predictable given the past few mornings before updates. Buy into it and sell later today after the inevitable rise.
I wasn't expecting to be buying this morning but I couldn't resist. I'm going to be one of those pesky day traders today.
It's interesting to see that there is very little FUD on here at the moment. Normally at this stage of the cycle we are bombarded for a couple of days before news as the shorters give it their best shot.
I think it speaks volumes that the board is uniformly positive. Only two more sleeps....,.
They know you're looking so they are hiding. Until later....
Apologies for the many typos in that last post. Using my phone on the train and no edit functionality!