The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Crowfoot,
If a large shareholder wants to unload a significant amount of shares at a certain price a market maker will not take on that inventory without knowing they have a buyer on the other side of the transaction hence the number of protected portfolio transactions of large size that get printed.
“ I think this were its uncertain whether its a buy or sell should be sorted out,not just avacta shares but all shares on aim”
You do realise that every single trade is both a buy and a sell? It’s called a trade for a reason as there are to parties involved.
Brockwl,
Why are you thinking SEE would be put into 1m cars in CY 2023?
The chart from the October presentation which is the companies estimate shows a figure around the 700k mark for 23.
2024 is the expected year to be in put into over 1m cars.
Thought the last month was quite positive news wise. A tie up with Mobileye, strong trading update and the CFO buying shares.
Just because the market is missing the point doesn’t mean the fundamentals this month have not been positively enhanced.
You get to ask him next week Freewill at the investor meet presentation but I am guess you won’t bother like others here who ***** and moan but don’t attend the meetings.
PM has given everyone the data. It is very easy to calculate where this is headed based on minimum values of won contracts. Winning further contracts is cream at this stage and if they can get fleet to the levels discussed at the Italian meeting then the opportunity here is immense.
He also said a Nasdaq move would be considered if there was some ‘scale event’ or if SEE decided to be the driver of consolidation in the market. Think he was just throwing ideas around rather than any real plans.
Hopefully Sipps but US markets were shaky last week on Fed minutes and inflation numbers. Still huge amounts of institutional cash on the sidelines and will be until clarity on US inflation.
Tech sector is a no go area for the vast majority of II’s at present until the inflation/interest rate situation sorts itself out. Only specialist institutions might have remit to invest but what is the rush at present? Wait for confirmation of market dominance through large contract wins and still pick up shares under/around last placing with significant upside.
The risk is missing a potential buyout but we now know the MCAP PM has in his head as worth putting to shareholders so the risk there is small.
And the ‘push back’ attitude is probably why SEE’s share price lags where it should currently sit. There is no push back. The tech is mandated in the EU from July but the rest of the world will follow in quick time.
It will be in every car in Europe initially and then the rest of the world by the end of the decade…… like seatbelts, like airbags…….. because it will save peoples lives.