Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
If nothing changes by AGM. I’d put Christina Coughlin in charge personally. Share price would react strongly imo. Stop with the nonsense subtly sowing doubt into the science. It’s bullet proof imo. It’s the commercialization of the science which is the perceived weakness here. A weakness that I personally see as being put to bed soon.
AS has been at Avacta for approximately 18 years. It’s no understatement to say it’s his life. If this share price doesn’t turn around he’s gone at the AGM. It 100% happens. The votes will come from old and new shareholders alike (I’d be one of them). 3 months time. Could you imagine anything more embarrassing or painful than being kicked out your own company after 18 years when just on the verge of potential scientific greatness?! Unthinkable.
Yet I don’t pick up any panic or signs of desperation at all. In my opinion he knows the share price won’t be here come AGM and by extension he knows his position should be safe. Market totally dysfunctional at present. News will soon land that snaps everyone out of this insanity.
I honestly find the current situation absolutely mad. The sniff of a license deal and this 3 or 4 bags! Commercial validation transforms this instantly and destroys pretty much every single attack line of FUD in a single go. It will happen without warning just like that. This was sitting at 130p just a few months ago when funding concerns loomed large. Those concerns are now gone for years. Placing was painful but look around the market, it’s an appalling environment for fundraising. In the wider context it wasn’t that surprising. To now be sitting below that price is staggering considering what a huge discount it was run at in the first place.
Science has only strengthened, No MTD found, 2 week data coming soon, chances of success never higher, AACR signposted as significant in 5 trading days, first sales could be just 2 years away (in this world that’s short term), CBO now in role for 4 months, R&D head gives subtle hints of deals to come. Yet the market is pricing this like commercial updates have basically never been further away. Theres an enormous disconnect here in what I’m seeing. IP value graph and market value graphs seem to be diverging in different directions. Everyone has totally lost the plot as far as I’m concerned. Enormous opportunity imo.
Still can’t get my head round the fact that we basically hit lowest share price today in YEARS and at the same time the company release a professional comms video fronted by our new highly respected, experienced and credible R&D Head (future CEO?!), who basically gives a nod nod wink wink to a license deal for a third party warhead coming soon, less than 6 trading days before the biggest industry event of the year in AACR. An event that the company have been signposting as highly significant for some time now. All immediate funding concerns gone. CBO in post for months just twiddling his thumbs I guess. Nothing makes sense any more. Everyone has lost their minds here. That video marks a significant step change in messaging and comms I feel. 6 months ago the SP would have gone nuts. Yes the placing was a mess but Science this good delivers value sooner or later (even with AS at helm) and I think it’s personally coming sooner than everyone thinks.
If a license deal lands which commercially validates everything, there is no reason this doesn’t 3 or 4 bag instantly from where it is. Just like that. Christ just a few months ago it was at 130p without any commercial validation. It will happy rapidly such is that disconnect. The company basically just gave a hint at exactly that leading into AACR in just over a weeks time. I mean why the **** would anyone expect this to fall further. It’s just madness. Total madness. I’d be quite happy with a TO tomorrow and rid me of having to suffer a single second longer in this s**thole market.
The disconnect between IP and share price is getting beyond belief now. The charts are diverging in different directions rapidly and sooner or later a correction has to come. Either all these experts in these videos are lying and the IP devalues or the market are totally asleep at the wheel and a rerating event occurs to narrow that gap. I can’t quite believe I’ve just watched that well produced video in the run up to AACR which gave a not so subtle hint to an incoming license deal in the near future and the share price sits at a 48p. For context in the last FOUR YEARS (give or take 1500 days) the share price has only been lower then It currently is for about 30 days. Funding concerns gone for foreseeable future, science never been stronger and by extension the IP never more valuable. It’s absurd. The market is utterly utterly broken.
The AGM is just 3 months away. There is zero chance AS survives if the share price stays where is it. Zero. He’ll be booted out by old and new shareholders alike. So either the share price recovers or it doesn’t and he goes. It’s a win win really. I don’t pick up the impression that he’s too panicked, which tells me big updates are coming. Current share price is totally irrational and decoupled from progress imo. Emotion is clouding judgement at the moment big style. The biggest FUD angle for the last year has been funding, market is acting like that didn’t get resolved. It will turn shortly imo.
I’ve never seen such universal anger. The destruction of trust is seismic. Many of the board have effectively signed their own death warrants here. It just makes absolutely zero sense to me. They have pressed the self destruct button themselves. Either they feel they are untouchable or they feel turmoil will be short lived? Makes it make sense
Wheels need to be put in motion for an EGM with goal of getting CEO removed from post. Needs to happen ASAP.!!! Today was incompetent beyond belief and borderline corrupt IMO. Complete implosion that’s totally self inflicted and unforgivable. I would urge everyone to come together behind this. Trust is compromised and his presence will now be an eternal anchor on this company’s prospects. Investors will not quickly forget or forgive this. The sooner he’s gone, the sooner we can move on. Let’s make it happen.
Well I called that wrong. Absolutely appalling placement. One of the worst I’ve ever seen. CEO is toast and unfortunately this share is too in the short term. I expect to see mass resignations immediately otherwise I’m selling up. Beyond ridiculous
Placings by their very nature need to be done quickly and efficiently otherwise a disorderly market is created which undermines the very deal in the process of being struck. The longer it rumbles on, the weaker the hand of the seller and the stronger the hand of the buyer (ie 85p rapidly becomes 80p, 75p, 60p, you get the picture). In all my years investing I’ve never seen a placing conducted in the slow (death by a thousand cuts) manner it’s supposedly being conducted here. Totally and utterly illogical. If it was going to happen, it would have already happened. If you look at the evidence (circumstantial yes, but there’s plenty of it) then clearly something significant is being worked on. The share price may show more weakness today as the brainless panic but sooner or later the penny is going to drop here. Fill your boots would by my advice.
Yes it could if there was some component of equity issues involved in the wider deal. Or they may take the view, what’s the point putting fluff RNS out to counter rubbish, with what we have coming, it won’t matter. Share price weakness will be addressed and all critics silenced in one swoop.
Every day that passes, further diminishes the credibility of the placing rumour. Sooner or later the market is going to wake up to the truth that the rumour is built on sand and that actually something bigger is brewing here. The RNS when it lands is going to be something special.
Exactly. Placing of shares rarely take so long particularly once word gets out into the market as that has a habit of destabilizing everything. If it was going to happen it would have been last Friday post the circa -15% fall. It didn’t happen because there is no placing. Just a coordinated attack to exploit the silence and vulnerable retail base here.
Nail on the head there. Each day that ticks by increasingly invalidates this ridiculous rumour. Logically a placing isn’t coming. The market have this embarrassingly wrong. Avacta have been chronically underestimated and they are going to prove their critics wrong in spectacular fashion shortly. Book mark this.
There is clearly something very, very significant coming here. Just look at the evidence:
*Confirmed commercial interest in June 2023
*Abrupt change in trial strategy in Sept 2023
*Only one trial update since Sept 2023 – 162 days ago (45% of a year)
*Last trail update 13th Dec – 77 days ago! (weird presentation day that ultimately didn’t tell us too much new information)
*Highly regarded and experienced CBO appointed – to further new and ONGOING discussions Dec 2023
*Highly regarded and experienced Head of Research & Development appointed – with strange ‘Head of’ role title that breaks the mould of the board. CSO is abruptly moved on Jan 2023.
*CEO and Chair continually and repeatedly stress that funding is not a matter to worry about.
*ZERO updates on C7 or two week doses which were started / sign posted 5 MONTHS AGO
*Coordinated attack on the share to take advantage of the ongoing silence & heavy retail backing. Share support broken and now trading at levels that have only been lower for around 2% of all trading days in the last 4 YEARS! Company stay completely silent through all this. Predicted placing doesn’t materialise in line with usual timeline for these kind of activities. Silence just continues through all the supposed turmoil...
Look at the above timeline and tell me that something SIGNIFICANT isn’t cooking here. Irrational fear is clouding everyone’s judgement. Mark my words an RNS will land here soon but it isn’t going to be ‘bad’ news!