Member Info for Jurado

"2021 was a year of significant strategic progress, right across Aviva. We successfully completed the sale of eight non-core businesses, generating excellent value for our shareholders. Our financial position is strengthened and Aviva is now a much simpler, leaner business, focused on our core markets in the UK, Ireland and Canada." Annual report. A good place to start.

Good to see Oxford Nanopore up 12 per cent today on solid trading figures. I rarely look in on IP. and had forgotten we still seem to own 10 per cent of ONT. A bit more jam today for them has to be good for us - that's the reason for being here.

How worried - if at all - should we be I wonder?

I've taken the minimum - all I can afford really - and I don't see a huge amount of risk here. Given recent and anticipated orders it seems plausible that money for expanding staff and inventory is needed. I'd be surprised if we're not back to yesterdays price in fairly short order - after that I'm also optimistic of medium and long-term growth.

I use RNS Alert.

Feels suspiciously like jam today. Well done Simon.

'Why imminent?'. Well they had hoped to conclude last year, they announced a'delay' in November 'a delay' doesn't I think imply a year, and indeed six months seems a long time when we are assured everyone is still committed. We are now three months nearly since the delay was announced so I think in the absence of reasons to think otherwise, it is reasonable that people expect an announcement pretty soon. You can of course quibble over the precise meaning of 'imminent'.

I got a little emotional this morning. I've been in for some 10 years I think, one of my first ever buys. Given how many of my speculative buys have crashed and burned, it's quite something to see this company finally get into positive territory and start to look like it really will fulfill some of the hopes I had for it and its technology. Still lots of things to ponder and I want to see a lot of sp growth now, but...well done everyone.

Erm $500m rights offering? To pay for a upfront payment in a deal that could rise to $5bn? Gulp...

Well it's a start. It'd be good to build as high a base as possible before announcing we're finally a profit-making business.

OllieH - yeah it's .5bn upfront, but "the total potential deal value is $5.0 billion, as Akeso will be eligible to receive regulatory and commercial milestones of up to $4.5 billion. " In which case, how much would come to us is the question.

So - we'll pay up to 5.0 bn plus a low double digit royalties to Akeso. And we're up -currently 135 per cent. I assume then the market thinks we'll make squillions ourselves. I think I'd need to do a lot of extra research before coming to a strong opinion on that. Or is there some other reason I'm missing. Is it just people think they can make a few quick bucks on the rights issue.?

Good work all around to get BOY up and thriving again after the 2020/21 nightmare.. Well done everyone.

The alternative is people ask HL to buy 10,000 shares but only pay for the 20 they are guaranteed, then you are allocated the 10,000, HL buy them and come back to you and say 'We bought them for you, could you pay us please'. I don't blame them for getting the money upfront. .

So there was a major buyer. Richard Sneller, who controls a tenth of the company, spent 25 years with Baillie Gifford and now has his own fund, describing himself as "Highly experienced investment manager focused on seeking out under-appreciated long-term equity growth investments. "

Someone appears to be buying chunks of one million. Hope it keeps coming...

As we watch a nice little rise today, I'm pondering that we are probably, finally, just about turning into a profit-making business. We presumably won't get confirmation until around March, but the Hardman projections and the half-year results suggest it could be happening now. Would be nice to think that will take the sp up a level and give us some dosh to expand new products and European operations. Then maybe in a few years we can think about divis.

"she is against them, so I can't see it happening". -Quite. I mean the idea of a new government performing a U-turn after a couple of days is simply unbelievable.

Bobsson - I've tried to say to myself I'm not touching my investment until 1.75 but you never know - if it feels it might never get there I could cave early, but if it feels it's got further to go I may delay. But we all know how hard it is to get these calls right

Very nice to see us approaching the figure of .62, symbolically important for me as it was my then-lowball prediction which won the sweepstake in October 21 and which ended up with a nice little donation from many of you to Macmilllan. Let's hope it's not too long before we all feel so minted we can make more donations.