Member Info for jonesrichard

Presumably, yes it is us, just need that long awaited RNS to drop to confirm it and a sub £5 sp could be gone forever!

We shouldn't be waiting much more than 9 more trading days hopefully for the news (25th May is a bank holiday) should be well worth the wait even if it is up to 19 more trading days to wait, doubt it will be that long but you never know, very risky trying to trade this now or thinking you can sell and then get back in at a later date as RNS can and will appear at anytime of the day!

Europe must 'prepare for a second deadly wave of the coronavirus', WHO director warns, instead of celebrating dwindling daily figures

Dr Hans Kluge, WHO director for Europe, fears a second wave in winter

He said he was 'very concerned' of a surge in cases which coincided with flu

He urged countries to prepare now, rather than celebrate promising figures

Today the UK announced 170 deaths, the lowest since the lockdown

Full Article:
https://www.dailymail.co.uk/news/article-8328405/Europe-prepare-second-deadly-wave-coronavirus-director-warns.html

I like your confidence Peter, £100 + sp in 2-3 years would defiantly be worth showing patience for. Time will tell if the company are allowed to operate independently for that long to see that sp but you might not be too far off with your prediction!

So now that the recent news has been digested, does 10p-20p seem like a realistic sp price in the not too distant future? I thought my buy at 1.55 on Friday might have turned out to be a spike bearing in mind I ended up 33 % down at the close on Friday but from what more knowledgeable holders of this company have stated over this weekend it seems that I may in fact make at least x 10 over the next few weeks/months.

Automatic entry to FTSE 250 requires currently market cap of c. £561m a share price of 270p

Automatic entry to FTSE 100 requires currently market cap of c. £4106m a share price of 1974p

So the FTSE 100 could be a good few years away but we should, hypothetically at least, be eligible for the FTSE 250 very soon.
Presumably the company would be taken over before it could reach the eligibility criteria for the FTSE 100, would be great if the company could stay independent until then though!

I think Myles stated that the minimum T/O price should be around £20, so a MC of around 5 Billion, I agree with him, that's should be the BOD's starting point for any T/O negotiations, really hope that the company can avoid being taken over for at least the next 18 months as they are fully funded until at least then.

Of course you always fear a cheap T/O but I'm sure Alistair knows what he is doing and will make sure that holders here see the true value of this company over the next couple of years.

Glad to see that more people are waking up to the potential here for the MC to ultimately climb as high as 10B/£50 per share.

It now doesn't seem as crazy as many thought when I first mentioned it around 6 weeks ago!

Sp next week? without news £3 + is very possible, with news? dependant what the news is we should see the new sp base of £5 + imo.

Everyone DYOR and then decide what is best for your personal circumstances.

GLA all genuine investors for the next couple of weeks which could see the sp reach that £5 + sp region!

Great to see #AVCT getting a mention in the @thetimes Business section.

Write up content at following link:

https://twitter.com/lionstocker/status/1261438417801363457

I find it funny when papers describe something as 'rocketed' when it has increased by under 30 %, yes in the context of a Ftse 100 stock or a Ftse 250 stock 29 % is a relatively big increase but in my mind when you are talking about AIM stocks 'rocketing' I feel that this sort of rhetoric should be reserved for minimum 100 % + increases.

Anyway I digress, the most important thing is national exposure, and to be fair this type of prominent national exposure usually sees a nice bump first thing the next day the market opens so on that basis I'm expecting £1.50 to be breached first thing Monday.

We are in the 'Stock Watch' section, a nice prominent, visible position in todays 'Market Report' Page:

"Stock Watch - Avacta

AIM-listed biotechnology firm Avacta had been working on a saliva test to detect whether a person was suffering from Covid-19.

But the company has found that several of its so-called reagents were in fact blocking the interaction between the virus and the receptors on human cells.

It thinks this 'neutralising therapy' could be given to those likely to be exposed to the virus, like healthcare workers. Shares rocketed 29.6 per cent, or 31.5p, to 138p."

Link to Page:

https://www.thisismoney.co.uk/money/markets/article-8324607/MARKET-REPORT-BT-bounces-rumours-Openreach-stake-sale.html

T/O expected to be in the 10p-20p region? or possible higher?

At this point it's looking like it will not be as stronger finish as expected, I bought a few at 1.55, finding it difficult to comprehend why it would drop down to now under a penny if news is expected next week?

General consensus seems to be that Glencore will take over for at least 20 mill at ark currant MC is only 2 mull, so should be a x 10 return here very soon, could news come of the T/O next week?

Why has it dropped from a high of 1.60 today to now 1.20? or is there genuinely news due next week or not?

What news is expected next week please? Thanks

3p + finish on the cards today?

https://twitter.com/MylesMcNulty

"In summary, #AVCT's future couldn't be brighter. I am convinced we are sitting still near the beginning of one of the UK's great biotech success stories in recent times. That billion pound valuation draws steadily nearer.

Holding all our shares for that ultimate buyout"

To be fair it could hit £5 by the end of June, let alone the end of this year! I think we perhaps should be a little fearful of of a takeover that is not true value for shareholders, in time, if everything goes to plan the sp could be in the £20-£50 + region which the big pharmas suspect could be the case also so they may well try and take us out on the cheap, ideally I would prefer if one or more of them enters into a JV with us!

Hey Fred, glad you got some shares at a nice price here, hope everything is going OK!

We could well see the sp break through the £1.50 barrier at some point today, would like to think we could see a £1.75/£2 + finish today, time will tell as always. We should get some national exposure off the back of todays news over the rest of today and this weekend so next week could see a significant rise. Just my opinion, please everyone, do your own research before investing in any share.