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Is the SOS sp suffering from a read over from ASOS?
I cashed in what I spent on my shares but kept my profit invested, so I've still got some shares. I tell myself they are freebies because they didn't cost me anything. I know it's still money but I plan to ride it out. I guess I'm an idiot. I can't imagine LIGHT just vanishing from the world.
I wish I wasn't fully committed otherwise I might pick up some more on this drop
Iwant. If your information is real, please tell us where we can go to read it? I have looked but can't find anything that backs up your assertions.
Incidentally, Cosylabs are a totally different company to AVO so whatever Cosylabs might be doing with their staff should have nothing to do with whatever AVO might be doing with theirs.
Cosylab d.d. is prohibited from disposing of any interest in the shares until 17 July 2024.
Advanced Oncotherapy holds an option to re-purchase 8,645,405 of the shares held by Cosylab for nil consideration should Cosylab fail to deliver software (control system for a linear accelerator) to Advanced Oncotherapy under the Development Agreement.
My take on that is that Cosylab is the supplier of essential equipment needed to complete the installation but are being paid in shares rather than cash
Obviously nothing new to report.
Since the 'funders of last resort?' have so much skin in the game it might be that they would be prepared to provide the necessary funds, as an option to losing everything.
However, I am mindful that Odey is a hedge manager who manipulates markets. He was one of the funders of the Brexit campaign and reportedly scooped up a profit of some £220 million from betting on the collapse of the pound when the Brexit campaign won the referendum. He is used to taking large risks. That makes him unreadable.
It's incredible how AVO manages to squeeze the last drop of cash it can get hold of to survive for just a wee bit longer. I'm keeping my fingers crossed that it all works out.