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Yeah it's just a straw poll, I don't recommend anyone basing their investment decisions on it. I still maintain however that the share price would instantly rerate to, or even possibly overshoot the offer, based on the speculation that it was a ridiculously low offer price, BP have just validated the platform, and the final offer is likely to be far higher. That's even before, as BV points out, they don't get shown the door first.
Yep, from yesterday's presentation, it looks like things are right on track. I couldn't really see any negatives in the information presented, just confirmation that it works as expected. Not sure why that's such a bitter concept to swallow that you need to look through cupboard for skeletons.
A few seconds after an offer was announced the share price would rerate to the offer price, and it would be roundly rejected, with everyone safe in the knowledge that a. the platform is now validated and b. the price will never drop below that offer price again. Simple as that.
complete and utter tosh all round. the second an offer comes in from a bp that is the independent validation every one needs right there! why the hell would anyone then accept that low ball offer. the most outrageous ****** yet!
The share price drop is done now, so it's more likely to go up from here, especially after the results we've just seen. All else being equal, the lower the share price the lower the risk. We'll see soon enough.
Thanks wyndrum, I think that it is clear to all that given your posts and views on Avacta change with the wind (excuse the pun), usually based on the direction of travel of the SP, and you are openly admitting that the reason you spend an inordinate amount of time on the Avacta BB is because you make a good return on your trading activities, your views and posts on Avacta should therefore not be trusted in the slightest, and hold absolutely no worth whatsoever. It would be like asking a second hand car salesman to give an appraisal on the mechanical integrity of a car they are about to sell to you.
I'm not interested in your views on avacta, you have presented these ad nauseum, I'm interested in your views on personal investing and how you can derive value from investing so much time and energy on a stock that is, in your words, a dog.
Funnily enough that is the conclusion I was coming to 😂 It’s probably penning a knock out essay as we speak, so long and dreary that mere mortals are unable to read it without falling into a coma.
It’ll bait itself, that’s how sealioning works, so these posts on refraining on debating it don’t help much either I’m afraid.
It does however seem to have a problem in explaining the value of investing so much time on a stock it doesn’t believe in. I wait in anticipation for a reasoned reply.