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I think your spot on .....but what that does highlight is where we once expected the diagnostics side of the business to perhaps fund the ongoing R&D side of the therapeutics business and possibly negate the need to raise further funds in early 2023 that as it stands currently is not going to happen.

I agree, if only because it appears that somebody still wants to sell a lot

Ripley I think there average is probably nearer the high 1.30's, they opened their first short for 1.2m @1.52 and increased it for the third time at around 1.25 on Dec 22nd and unless there is a notification this afternoon that they have decreased, as it stands they still maintain their short of .94%.

Their average is considerably higher than Bronte's which was taken out in the low 1.20's and below so they will have time to evaluate their position rather than rushing in to close around the 70p mark as it seems Bronte did, they may feel it has further to go or they may decide that the mid 70's is the time to close....who knows, obviously this is just my opinion.

Certainly when Bronte closed (all be it a smaller short) because there was so much selling it closed pretty much unnoticed, when Jupiter do decide to call it a day now the selling seems to have slowed down a bit hopefully we might see a bit of upward movement in the SP as a result.

Are you 'Big hero'

Unless Jupiter/Bronte are still adding to their short I am starting to wonder where all these 10,000, 20,000+ sells are coming from, there is certainly a big seller in the market and they don't seem to be going anywhere soon, maybe Confer are selling their remaining 2.99%.

Actually I'd rather not have a presentation "Q&A" session right now......the last two were a car crash for the SP and was where the decline in the price really started.

"If your own Government body is telling you that your test is no good, then you should believe them!!" ...really..............I'd have a rethink about that one Mumbo.....not your best comeback.

Well judging by the price action it appears the shorts are not being closed, Jupiter must feel very 'lucky' to have increased their short at exactly the same time that AVCT withdrew their product, I wonder if they will be 'lucky enough' to close their short before news comes about AVK or the LFT is back on sale.

They obviously got right I wonder if they will now close....a great opportunity for them or maybe they take advantage of the (market turmoil) and increase it,.... very interesting that Jupiter increased their short on December 22nd at the same time that TT was completed and I imagine AVCT decided to withdraw the product to make changes.........not suggesting anything of course.

Yes he did very well......its sad that it just seems like a one man crusade.

It's nothing to do with sexism or privilege....and how would I describe Boris, well I wouldn't describe him as vile.... a clown that lies maybe but he's certainly not vile, Rayner on the other hand ( and I know there is a bit of a love for her at the minute because she was put up to ask the right questions) is a fowl mouthed, scowling, rabble raising trouble maker who masquerades under the pretence of a 'woman with Northern grit' which I find insulting to Northern women.....she is also the other reason along with Kier Starmer why labour are not in Government.

I've just watched PMQ's back and whatever your political persuasion is one thing that's abundantly clear is that Rayner creature is absolutely vile.

Yes I'm thinking that if not Jupiter its maybe Bronte increasing their short because they didn't join the 'party' until the mid 1.20's and I've noticed a lot of the blocks 10,000's, 25,000's and some even larger ones the prints have on most occasions been at the bottom of the bid.

Norway

Well Blackrock don't feel sorry for them because they reduced their short on Jupiter this week where as Jupiter increased their own on AVCT and I think its possible that they are continuing to increase it in the hope that the recent rise fizzles out .

Over the last 6 months this has been a very sentiment driven share and any sign of weakness and the sellers are back and Jupiter know that, on the face of it it with the expected news flow it does seem a very risky strategy because this share does turn very quickly, its not a large short and should the need arise maybe they feel they have the ability to be able to buy back very quickly.

As I said in a previous post shorting business's are able (or perhaps allowed) to work in Mysterious ways.

...'Would be hilarious if they are doubling down trying to suppress the rise.'

That wouldn't surprise me at all, there have been several huge sells going through already this morning and you would have that that now would not be the time to 'bail out' so it will be interesting if the 1.35% short position is up later......short attacks sometimes work in very mysterious ways

regulatorUK....... shut up and get back under your odx rock

I think for most people that have been investing or trading on AIM for more than a year or two it would be naive to believe that ‘insider trading’ does not go on, in fact I would go as far as to say that without it because of the nature of risk involved with new start up companies the AIM market (because of the loosely based regulations that are applied to it) would be 20% of the size it is or probably wouldn’t exist at all.

Over they years we have all seen many very unusual/odd price movements that in the most part don’t happen on the main market and I could site AVCT as an example, early last year the company released news suggesting that an LFT was in the pipeline which certainly increased the companies profile….shortly after, the company stated that there would not be a need to raise funds which implied (rightly or wrongly) that revenues were imminent possibly suggesting a that successful LFT was soon to market.

In the next few days as excitement around the company grew the SP rose quickly to around 1.80…then very mysteriously the SP fell even faster back down to 1.10 which also coincided with an announcement that actually the company would in fact now be raising funds through a placing at 1.20. Far be it from me to suggest insider dealing but the point I’m making is in such a scenario it would be much easier to find an investor who would be guaranteed an initial healthy profit from their investment from ‘forward selling’ than it would be to find an investor who has to take a risk on a junior company at the placing price.

Similarly if you had a company called ‘Protector’ that was expected to release positive news say around July but because of circumstances knew that in fact it will now not be released until mid August and then say an investment company called ‘Saturn' or ‘Bunty' (that could be very useful investment partners in the future) somehow became aware of the delay, it would be very possible for them to take advantage by shorting the SP.
Nothing unusual or odd about shorting but I think the point that Macca was trying to make was that if shorts were then closed just before ‘positive' news was released then that would probably been seen as pointer, although it may also be viewed as ‘unusual’ or 'odd' by some……….all hypothetical of course and I remain a holder as I have been since March 21.

One possibility on the SP movement is maybe Jupiter have started to close their short which was opened from 1.52 down (there were some large trades this morning)....obviously if they are it may force Bronte capital to close theirs because they will be in the red fairly quickly....hence a quick upward movement.......only a possibility mind, one of many I guess

I think if we are all brutally honest and not looking through rose tinted glasses.......to date the LFT side of the business bearing in mind we are in officially in a pandemic, revenue wise has been nothing short of a disaster.
Last April AS was telling us that imminently we would have the best LFT test on the market, sell as many as we can make etc and continued to tell us that for several months following the placing and frankly to quote the annoying Greta Thumberg it turned out to pretty much be Bla Bla Bla.

Personally I'm invested in this share for the longer term (not that it wouldn't have been nice to have taken a little profit from diagnostics arm if it had played out differently) My concern now is not about the success of AVK because my belief is it will succeed but that they have learnt with regards to the commercialisation of the other parts of the business and that the timelines quoted are a little more realistic because one thing that has been really shocking with regards to AS are his timelines which in my opinion has contributed to a lack of trust.....hence the current level of the SP