Member Info for KSH321

They (Kamani and Hughes) invested in Avacta in mid 2020 and the share price of Avacta never fell to the placement price - quite the contrary in fact :-)

.... I failed my GCSEs but came home with a 'positive attitude' certificate :-)

Holding tight for the real gains once the vote is through. Gary Jennison and the Board are doing a good job and importantly have bought stock themselves. GLA.

Totally agree - Prelea has let PIs down in the past but I'm sensing this is a new dawn... It's my last chance with him (I'm giving him 6 months) after which I intend to cut my losses and walk away.

GLA especially fellow LTHs

I haven't invested because of Myles McNulty - I've invested because of the potential in this share. That said, I am absolutely welcoming his investment and his belief in the business - he is a big hitter and has more experience than many on here.

When is the vote?

If it gets past 150 there is no stopping the re-rate. Over 3,500 employees, a major brand name and only £200m market cap is nuts.

You missed Aprils Fool Day. There was no need for that RNS.

2 whole pence. Sheesh.

Could someone with more experience kindly explain what happens? How long does a typical suspension last? Do we resume trading a company with a much bigger market cap? Thank you in advance.

I saw exactly the same with Tullow when it went to 9 and is now on 60 :-)

I'm adding and will continue to add if it falls further. If you're trading this then you must be in tears, if you're investing then you will have known this is a solid medium term recovery play.

https://www.telegraph.co.uk/business/2021/03/13/hedge-fund-may-cut-crisis-hit-gfg-deal/

Agree with some of the contributors here - there are many possibilities that could unfold...

And still under £6m marker cap. WOW

GLA

GLA

... But a long way to climb still. GLA.

Some positivity at last. Hold firm - there may be ups and downs but anyone who followed Gary Jennison yesterday will know he is up to the challenge of turning this around.

At least a big seller is out though some may have followed him in here and may sell. Those with some modesty of independent thought will still remember their initial reasons for investing and the fact that this has a market cap of under £2m.

Something brewing in the background...?

Whether it's 75p or less or more; the main point here is this currently has a market cap of £25m for a business with a desirable retail portfolio and is massively undervalued IMO. This would be an ideal target for private equity - strip the fat, invest in a modernisation programme and new systems and return it to profit ASAP - then offload in 3 years.

GLA. You've seen Micro Focus and SAGA jump in recent days, I'm expecting something similar here.

... during 2018 and 2019 so the re-rate has some way to go yet. With an extremely low float and a new leadership team in place, I'm feeling confident and so pleased this is re-rating to a normal value. It's still a joke that the market cap is £3.5m. The bigger data/AI marketing agencies are valued in the £billions.

With billionaire former Conservative Party Chairman Lord Aschroft owing 25%, we're in good company.

GLA. DYOR.