Member Info for MrRipley

Im sure Dacia is thrilling everyone on this thread with his trading brilliance. I’m only reporting what IG told me about the reason for closing only on spread bets. I don’t get why people are finding it hard to believe. As I said, ask them yourselves. And on that note. Ta ta.

Without getting into a pointless argument, I asked them that in my email and it wasn’t even referenced. So in this case it isn’t the case that they’re at just under 3%. That email is legitimate and so I don’t know what else to tell you. You could ask them yourself if you don’t believe their reply.

IG have always been alright to be fair. This doesn’t sound like their decision at all.

Is that funny. Just not ha ha funny. Is it the price we pay for being on AIM?

That’s a fantastic point. Except you can still buy their shares, just not leveraged. That’s the bit I find odd. Which would, I suppose, mean it would take a lot more PI money (if you idiotically over leveraged rather than having funds actually available) to buy the same number of shares as leveraging them therefore creating more free shares for whoever is being helped out by their closing only policy. Just an odd email. I was expecting something along the lines of they had hit a limit but that would mean nobody has closed for weeks which isn’t likely. Anyway.

This is the next paragraph RX….

“Please be informed that we recommend clients to give us a call to see if the dealers can give them a quote for share availability and discuss the requirements and see if they can let them be sold.”

It just seems to me they’re being held for someone.

Why is it what’s needed? Taking the option of PIs and giving it entirely to brokers? It’s no different from letting the insiders/brokers know if a fund raise ages before PIs. If you hold through it then you’re fine. But it does stink of helping out the city boys. Great long term because they’ll generally have stickier hands. But it does show the diminishing window of opportunity for PIs.

Now this is a turn up for the books. Avacta are the ones who have decided to go closing only on IG. The reason being…. I don’t know. So apparently it’s only stockbrokers who can now purchase them on leverage. Have a read of this email reply from them…. It’s almost like they’re helping someone accumulate.

“Thank you for your email.

We kindly inform you that this is not the decisions of IG but the share company (Avacta) ,this particular share can only be traded with stockbroking accounts”

Is a failure….. to c’municate.

Sorry. Seemed like a more fitting title for Avacta. And what a film.

Of trading this year.

Half day tomorrow.
WED, Thurs and half day Friday next week.

Then into the window of opportunity. Make or break time lads….. (it’s clearly make time)

The TMAC update would confirm, for me, 100% that AVA6K is doing exactly what it’s mean to. That’s why I mention it. And I think Avacta know it. And the cynical side of me feels the city boys will know already how this is working, hence the likes of IG going closing only. I believe with the early 2020 and 2022 raises, PIs are being left swinging. I believe the news is going to be fantastic, I just feel there is not a chance that some with deeper pockets already know it and a TMAC update would be so brazen in its confirmation of Pre|CISION that we aren’t getting an update on it. But I’m probably just being paranoid….. stop looking at me funny!!!!

Oh well, should definitely one hundred million percent land before new year then eh……

I’ll nip back in when it lands. Can’t wait. Big TMAC update……

Oh god. Here we go….

I think it is. But it can still be updated (as with AVA6k in jan) pre science day. It’s not like it’s an ongoing trial. I’m sure it was meant to be selected to go pre clinical…. I must have imagined it. Though I don’t think I did. I just can’t find where I saw it.

….. weren’t we due a TMAC update this quarter?

Precisely PL. Looking around, a lot of other stocks out there, especially on AIM have similar trap doors to YGEN.

And it is horrible for them. I had a look on their board and there’s a lot of pricks gloating.

It’s grim out there, that’s for certain. Which makes Avactas current situation and their raise (as in 2020 at peak interest) a moment of strategic brilliance. One thing you have to say for Avacta is they seem to have their eye on the ball in terms of when and how to raise. Yes it hurts at times but this is Aim and we have come off infinitely better than others. We’re in a financially great position going into 2023 and on the cusp of pivotal news (DE with Data is fine by me, or P1b with another DE…. Or any other variant as long as we get the data we’ve been promised). What YGEN shows tonight is how torrid the market conditions are, and I’d say we should all be prepared for the chance AVA6000 does get licensed out. I don’t think that would be the end of the world if it funds our next candidate. Failing that a license deal for 3996, but my point on YGEN is the question of why are we targeting funds and the city boys in feb? Well look at the market. We’re severely undervalued at this point and I think the confusion can be put to bed by the simple fact there isn’t the money out there that there was in 2020/2021, and the city boys pockets are as deep as the funds they manage. This is another shrewd move IMO as it removes the need for PI money should more be required down the line. (Not that I believe it will and I simply believe they’re highlighting a company almost nobody has heard of…. Avacta.).

This is all IMO and I’m sure I’ll get hammered down by some, but I feel we have 3 aces in hand heading into the final trading days of 2022…. Data is the 4th.

Just because it says an update, it could mean it’s complete and moving to 2b. Or it could just mean results. There’s a million ways to skin a cat here. Best just to take a breath and wait. It’s literally within weeks.

“It sounds like P1a being extended so another DE.”

What makes you say that?

20-Dec-22 16:45:39 111.212 207,814 Buy* 231.11k O