Member Info for harryhotspur1311

Well, that could explain the recent drag on the share price.

At lest the raise is at the current price so you would hope it rises from here, especially with some director dealings.

I will wait for all the posters who will disagree with me

@RR

My heart skips a beat with every RNS but it did more so today!

Great news, RH would not be accepting this position if he thought AVCT was not going to deliver.

I suspect he was short!

@Rich

Can you tell me how you short Avacta please?

Thanks in advance

Keeping this as brief as possible, good point PL

Apparently, the market always knows when the share price drops.

Are we allowed to say the same when it goes up?

I am aware that this share can be very frustrating, but in my view, CC is playing a blinder and that any short term pain will be rewarded with massive long term gain.

When I say short term, I mean this year.

But what do I know.

@ Wyndrum

Where do you see the SP finishing today? Up/down/level?

Down 1.5p at the time of writing.

Looks like a very positive RNS to me.

I don’t think I said it happens every day. However, a trade does appear on a semi-regular basis just after 5pm.

@JFK - this happens most days but not everyday. I believe it relates to spreadbets. If there are a number of positions opened/closed on the day, the spreadbetting companies match the buys or sells to manage their risk.

I am sure someone will correct me but that is my understanding.

I opened a couple more long positions on AVCT today via spreadbets.

Absolutely IC.

Rome is getting built but it will not happen in the time-frame that the day traders desire.

This is a fabulous RNS

Having followed the news on this board and twitter for years, as well as checking the share price every 10 minutes, the steady flow of positive news relatively recently is, in my mind, turning this topsy turvy sentiment firmly in one direction.

It’s relatively rare for this company to have two consecutive days of share price gains in a row but I am confident that we will finish this week with four on the spin.

I was hoping for the big erection shape although roundish bottoms are quite welcome as well!

Whenever the SP drops, the pessimists always quote ‘the market knows’

Perhaps this could work the other way around occasionally! Today, perhaps!

No idea why I used that term. Yesterday felt that she didn’t now need to do that presentation but had to as it had been RNS ed.

Trying to figure out the ‘quite good’ comment today a little more.

That comment plus her lack of normal enthusiasm yesterday can be interpreted in different ways. The positive side of me thinks a deal has been sorted and she is ‘dumbing down’ her comments and enthusiasm.

The negative side thinks this could play out for some time.

Hopefully, no more presentations, just a red dot indicating a licence deal or takeover.

I agree Saint. An intentional mistake isn’t beyond the realms of possibility

Agreed, sounds complicated.

The leveraged positions allows you to purchase more shares as you are, in my case, having to find 60% of the total outlay.

Hi Russell,

I have an account with IG index with multiple long positions on AVCT.

I recently added to these after a discussion with my account manager as for some period of time, IG were not allowing any further opening bets.

I fall into the 1810-7240 bracket and I currently appear to be requiring a 60% deposit per share which equates to about 45p per share. This is my margin.

The 1810 I believe refers to £1810 per 1 penny rise or fall in the AVCT price. For this to be the case, you would have 181,000 shares.

Each £1 per point placed as a spread bet equates to 100 shares I.e if the share price rises 1p your account has grown by 100p.

The 0-362 bracket will mean you have £0 per point (zero shares) up to £362 per point (36200 shares).

The more shares you have the greater risk/reward hence the increasing margin requirements.

That is my take on it but I am sure others will disagree with me.

What do people read into the comment in the RNS that the company ‘expects’ to announce data on 17th.

All comments in the chat appear to assume it’s a definite.

Thanks in advance for any thoughts.

Looks as though we have some big trades going through. Hopefully, a tick up before the close.