Results before funding.17 Oct 2022 13:53
There’s no chance Avacta will try to raise before P1a and data. Data is weeks a way. 2-3 weeks or so. We’ve got plenty of funding into 2023. This is just complete crap and lies made up by shorters to try and edge an exit before data lands. You do not do a raise before a pivotal announcement that would dramatically increase the value of the company, raise the SP, make a raise much easier and less dilutive, when you aren’t strapped for cash. How people are falling for this funding before data lie is astonishing. Anyone selling through fear of it happening is, in my opinion, a ducking imbicile.
We aren’t strapped for cash.
P1a ends in weeks
Company worth a lot more beyond positive data.
Shorters vying for an exit.
Even TW thinks it’s crap.
If you sell now and data lands way before any kind of funding which could be;
A licensing deal for AVA3996
They actually do license AVA6000 (I doubt it)
They do a JV on AVA6000 or other
They do an IPO on Nasdaq.
They take out some other source of funding.
Or they do a raise.
Then youre a fool imo. If data lands and you stay out expecting a raise and it’s a licensing deal then…. You’re ****ed. All IMO.