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So I see there was an RNS released this morning at 7am, but not much impacted the SP as I was hoping for today .
Hoping for a better RNS which provides more interesting factual news. I'm my opinion RNS today it was just general waffle ?
Still holding for medium term.
GLA
Checked in the morning as was praying it would recover later this week so still holding. Logged in this evening - nice to see solid rise - I am holding at 1.92p.
Not ramping or deramping - just sending excited and positive thoughts - hope this momentum continues so we can see 5p soon.
GLA !
I'm sure it's just usual Friday profit taking on most shares before weekend.....
No point sweating and lets just see how it all pans out next few weeks ?
GLA !
I have been holding since 21st June 2019 @35.29, so very happy to pop back and see a lovely 20% rise for me today.
Hope next few weeks brings good news for all investing here .
Just for Friday fun any punt predictions for SP in 30 days time or by Q1 2020 ?
GLA !
Thats it added my last £5K worth in annual ISA allowance @ 5.015 - no more cash left in the kitty ha ha
Now going to sit back and watch this fly !!
GLA
I just picked up another £10K @ 5.125, annoyed Sharedealing platform was delayed a bit this morning.
Luckily managed to get £10K worth in the ISA yesterday @ £4.25, via two batches.
Hoping this share has a good run over next few months - my target price is 12-15p !
Got burnt on another share and trying to make up losses here.
Thanks all for posting the interview yesterday online, really insightful.
GLA
Sorry to say I've cashed out my final small batch with a loss today, was holding at 22p ish. Second time I've been burnt by this share and taking my losses on the chin again - sigh
In my opinion only , I don't see how this share can ever recover in the next 3 years , the BOD has really screwed us over, especially with the changes coming us shareholders have been hung out to dry big time again! Doesn't matter how oil price may rocket with winter coming , it will not event dent this SP to go up.
I've taken what small cash I have left and invested in ARS. I'm hoping to recoup total losses of PMO over £20k ( big for me lol ) over there by Q1 next year . They sounded like they had a decent future , and 72% up today with more to go for the near future .
GLA! Not ramping or de-ramping just honest opinion of my own PMO experiences .
I just bought a small amount like £5K @ 4.29 , will hold and see what happens over next few days before putting anymore in.
I jumped in again at 22p small amount just £7k put into ISA . Got burnt on the drop before, but cashed out to protect some money.
Still hold at 50p in the children's ISA ( but that's longer term for uni fees ). Can't do much with that , so I'll wait that out for up to next 10years .
Reading the latest new of being bought out I'm wondering is it better to sell at a loss today, but claw back something instead of waiting for SP to drop further and be converted over via dilution , where in the end it may look like 14p, which it already is now?
GLA
Checked my iweb share dealing account and new shares are showing up , but they separated in a new line . So new shares at 73.9284p, and original shares average dropped down to 151.3218 ( from 225) .
Both have different latest prices ( both average SP are still higher than latest price but I'll hold for longer term ).
So I am assuming once RI has been completed/ closed next week , they will bundle all shares together? , then I get a new average in total?
Sorry if it sounds like a weird question .
GLA !
I'm still holding at average of 225 range so want to use extra shares to average down as much as possible, then hold until next year .
It's available on iweb share dealing account . I just took up my 3328 allowance .
BUT since it says I can buy more than my origianal allocation .
If I changed my request, say put in buy request for double my allowance , but they can't fill the order later ( maybe no spare shares around ) , does anyone know what happens ? .
I don't want a computer to loose out on taking up my minimum allowance just because it couldn't complete the request for extra shares above original allowance.
Open to hear thoughts- many thanks in advance !
GLA !
Did you see on the news last night that Tom Cruise went to see Tenet wearing a mask in London, to promote people to go back to the cinemas?. I know Tom has Top Gun coming out next year and Mission Impossible 7 ( I think he's done so many) , so they are keen for public to get back into the cinemas too.
I love the cinema and waiting for the much delayed James Bond film. If they can make adjustments for people to use public transport which more volume of people use daily, then cinemas should be easily able to cope.
Probably have to go back with pre-booking like the old days , allocated seats, then numbers are easily controlled. Nothing wrong with going to the cinema on a Tuesday instead of traditional saturday , so there is still money to be made in this business I truly believe. Even if COVID hits certain regional towns and areas, they do not need to shut all cinemas across the nation ?
Not ramping or deramping, but just my opinions and view of where this industry is heading in near term
I am a newbie to this share today, fancied a punt and trying to make some short term gains, hence saw this and thought why not? . Your question when to buy in my opinion only, sometimes when I sit on the fence thinking when to invest and over thinking, the opportunity passes ! Historical trends slightly go out of the window due to COVID, hence slightly more volatile to chart, but stay positive cinemas are opening up.
So I jumped in at 58.79 this afternoon ( only small taster amount £7K), and lovely blue at end of the day.
It may go up and down in daily figures, but I am looking for a £1 mark which is a solid gain by end of the year/ Q1, if it goes to £1.50 (pre covid numbers) by Q2 next year then super.
You only lose money if you have to cash out, so worst case just be stuck in longer than expected.
GLA !
As I did mention in my many previous posts good luck to all, whether a long term holder or newbie.
Just watch the price go and let's hope some official factual positive results news is issued soon, instead of gossip.
Exiting this board now as it is too hostile for my liking. I posted my comments on here, for logical constructive feedback/ other people's thoughts. To some of the posters out there, there was no need to be rude or abusive to people, just because they may have a slightly different view to what you post on here.
GLA !
@ JokerDc- Since you asked a logical question without a barrage of insults, I shall answer your question. I am amazed at the amount of pessimistic people on this board, who quickly ridicule anyone who may not have the same opinion/ comments. No sane person makes trading decisions based upon chat on a board. So again I posted my opinion only, not ramping nor deramping.
I wonder if there is anyone out there holding this share as long as I have to be in the same boat as me?, but here goes anyway . I originally purchased this share 29th September 2009 at 0.0186 , on the hope the news it was progressing to do amazing things for beating cancers or something like that - so long ago now.
11th Jan 2016 I was advised of a share consolidation below :
" 1 New Ordinary share for every 100 Existing Ordinary shares held.
On 30th December 2015, the Chairman of Avacta released the Company's agenda for its Annual General Meeting (AGM) to be held on 25th January 2016, which includes the consideration of a 1 for 100 Consolidation of the Company's shares.
Having taken advice, the Directors of Avacta believe the Consolidation will lead to the Company having a more readily understood share price and number of shares in issue. Consequently, they believe the Company's shares may be more attractive to some investors.
The Consolidation is subject to shareholder approval at the aforementioned AGM. Following such approval, the Consolidation is expected to become effective upon close of trading on that same day.
The New shares are expected to be credited to your account on or after 26th January 2016.
Unless you hold your shares in a ShareBuilder account, no fractions of shares will be issued. Any resulting cash entitlements will be dealt with in accordance with our Terms & Conditions.
When a company consolidates its share capital the number of shares in the Company reduces. This will impact the share price as the total value of shares will remain the same but there are fewer shares in circulation, so the price can increase significantly. You may therefore notice an increase in the share price before we are able to update your account and provide written notification of the effect on your holding."
So since the consolidation, I have waited patiently, even seen it tragically drop to 17p mark, turned off and mentally wrote off my losses and ignored the share. Yes I should have sold around May 2020 rise slightly over >£2, hoping it would finally take off, then see it crashed back down. Friday last week noticed it hit £2.00 , profit wasn't really a decent ROI considering how long I have held this. Second time again, I was hoping finally this share would rocket this week.
My comments were not ramping or deramping, more the case of my honest opinion this share is going to drop further without any positive official RNS. So I missed the boat again, tough luck for me, so have to continue to wait and hope it goes over £2 mark again soon.
Around 26th May 2020 was the last peak around £2, then gradual drops so hence my comment on a cycle.
I'm very happy for those who got in at very low prices and sitting on profits , well done and good luck to those investors .
I stand by my comment however unpopular it may sound, on the verge , and actually getting official RNS to say closet , or to say it has been approved by FDA or MHRA is quite a time gap to go , so logical to expect more drops .
Honestly seems rather hostile on this BB , not all comments have to be viewed as deramping so I'll stay just as a watcher from now onwards .
GLA
@DOH85 - I'm not definitely investing anymore in this share, just want to get out with at a decent profit ( which I assume why most of us trade? ) , but alas my patience after years waiting is growing thin .
Not de-ramping but giving a balanced view to any new investors who may be reading, to point out that this share goes in a cycle , and not to hope too much of a massive rise agaim anytime soon unless RNS comes out .
I only play with what I can afford to loose , and want to pull out profits or break even with AVACTA, to reinvest into something else to make up loss from something else. Everyone takes a hit at some point of investing in shares unless you have a magic crystal ball :) .
GLA!
I'll probably get yelled at , but IMO today was a big drop for this share over 6%, and more sells to come once any new investors see the continued drop over next few weeks .
I'm hoping that I am wrong , and no more 6% continued cumulative drops proceed this week . Just hope the SP holds steady at least ! .
I'm a long term holder so already holding at a very high SP average , I don't average down when trading. Last Friday for once was actually in the blue by a small £1k , I didn't cash out hoping for an RNS to make this share actually rocket up properly as it should , but now it's dropping again fast until we get a RNS .
From what I have seen over the cycles of this SP , it's ramping and sentiment which drives it up to a peak , then daily continuous drops until we get back to under 160 and I stop looking again . Hope I don't have to wait for another 3 months to see anything above 200 again .
Yes I am hoping this share to do well, but this is pure business, so IMO unless a positive official RNS comes out in next few weeks , we won't see 2.00 again next month!
So on the next high above 2.00, I'm taking what I can get and be content. Better to make some profit however little, than be stuck with a negative .
GLA
I'm stuck in at 225 so still holding a bit longer term, as I can't bear to take losses.
Already had a beating on oil last week and lost £15k on PMO, that hit a lovely RI iceberg.
So i'd rather hold out until I break even at least ( or until Q3 next year when school fees are due again ) .
I'm hoping we see 200 this week, before I take up September RI with cheaper shares , even with dilution i'll probably just have to average down :(
Anyone fancy a punt on how much RI shares will be pitched at ? I'm guessing around £1.50 for new shares?
GLA!