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Jonesrichard,
Where do you see this share going to and why?
Not had time to research but recognise your name from other boards I am on
Not had time to research this apart from seeing the rise.
Valuations of this company with some numbers to back it up?
Is 2p the ceiling or can it make 5p and on what basis?
Very useful posts. Thank you.
I remember the days where VLS was getting 2 posts a day and now it is nearly 200!
So on your golden cross point. Are you expecting a major break out in the next few weeks from current SP levels.
And at what point do you see the crossover happening SP wise.
Right now it seems 16/17p is our current resistance. But there also seems very strong momentum and sentiment behind the share so not sure what would stop a stead rise up to 30-40p over the next few weeks unless something unforeseen happens.
With more announcements due by 30th June, one only expects the news of what Shell and BA will put in can only be good news.
Gl all
Hello Tex,
Yep always great to find lol but I am kicking myself as I only dipped my toe in at 2.5p as there was barely a trade a day back then.
Only short termers will be able to take profits right now so it will not be long before they clear out.
Most of the long termers are in this share at an average a lot higher than 60p if not more.
So that means the upside to this share is very good as it has been over £2 before.
It has government backing, Shell Backing and BA backing
It is also where we need to be heading in terms of the greener focus too
There is cleary strong sentiment behind this share at the moment
I spotted this and originally bought at 2.5p when there were 2 posters a day on the board lol.
Once the short termers clear out, I see this pushing to mid teens pence
Gl all
*chucked the kitchen sink
This share is really proving it's worth now.
This SP has almost 3 bagged from its 2.5p days when it was barely getting a few trades a day. I wish I had of went with my instinct and checked the kitchen sink at this at 2.5p when I spotted it. I only bought a modest amount at that price as it was a punt.
Now the eyes and the action is on Velocys.
Irrespective of whether you want this share to be a long term or short term play. What is clear to me is that this share offers some light in a volatile market right now. Now there is volume behind this share, it offers exciting times ahead.
Be interesting to see where the SP lands now it is not being held back!
Gl all
I been so busy today I did not see the SP. I must admit I was dreading looking to see what it was as there has been so many alerts on price monitoring extensions. But we are still fighting here and the SP can bounce back. So that is the negative set aside.
This was never going to be easy?
We had an easy ride of things for the first month or so. With steady nice rises. Now we are trying to kick on, the dips will be more severe. But keep faith.
What are you going to do right now?
You can sell and cut your losses. Or you can hold. Weather it out and see the share do one of the biggest bounces.
I am disappointed the company has taken so long to update us on the rapid testing strips. However we are still in the game.
It is in no one's interest for this to go belly up. But the time is now for Avacta to deliver.
Once we get news on the rapid test strips, this share will be doing 2x 3x from its current SP.
The issue is that no one knows what the SP will be by the time the news comes out.....
We are nearing absolute critical timelines now if we are going to start selling the Test next month.
So the team need to pull their finger out and deliver. And if that includes having some stern conversations with Cytiva to speed up then so be it too. As we need to start pushing this testing development higher up their list.
For me Avacta is still a strong HOLD. And for those who bought in at the high, then maybe think about averaging down by buying more. I am certainly considering it.
In for a penny, in for a pound.
Only invest what you can afford to lose.
Gl all
Looks very good for next week now!
Government backing.
Shell backing
And trying to remember the other backer!
It has been a long week
Gl all
Hello all,
Good news yesterday on Adeptrix. Nice to see the SP settle now and hopefully it can start to push forwards again.
I am really awaiting the news from Cytiva as I think that is the news that will be key to getting peoples confidence back into the lockdown easing messages. And helping the efforts of testing and tracing. Rapid tests will be a game changer.
In order for us to sell tests in July then I would think we should get an update from Cytiva in the next week.
Gl all
Is the spread really correct?
What is the story with Adams? The rise etc?
who is expecting to takeover country wide?
what is the second RNS?
Glad ppl did not fall for that
The spread is ridiculous
The are definitely short of shares
The SP is jumping all over the place
ok no problem chendog
I am keen for an update as everyone but in line with the rules of course :)
not after inside information....
it was a simple question asked....I will update with any reply
I think it will be no coincidence that we get news on rapid testing strips before the wider businesses in the UK start to open their doors again.
We also heard that IAG Airlines are considering purchasing the rapid tests too.
Further afield. The US has always mentioned rapid tests will be on the market in July20. So it will be in Avacta's interest to either beat that competitor to the market or at least get the test out around the same time with "higher testing accuracy".
Given we know the reason behind the SP volatility in terms of a leak over the Placing. I think we can now push on again and build up a good run of blue days ahead of the next news.
I think with news next week we will see £3 before 15th June 2020. There may be a retrace approaching £3 then I expect us to push on to £4/5.
Gl all
I have emailed Cytiva too
I would expect they really need to put out an update during next week.
As they had enough time now to provide an update. I understand we do not want to rush this but time is of the essence.
Gl all
Do we see this heading back to £2.15/2.20 ahead of next news?
Can you explain why you agree or disagree and why?