Member Info for MrSpeculator

Exactly

I like the company but I do not trust it

Yes NCYT did have a dramatic fall then bounced back...but the difference was that NCYTs bump was caused by the MMs dropping the share in 30 mins and then it recovering again the following morning. No news or no RNS caused this.

Whereas for GDR their shocking handling of the RNS timing has caused this. This happened 2 days ago and there is no bounce at the moment....

I believe GDR is a very exciting prospect do not get me wrong. However....by the handling of the RNS people now have lost trust in this share. The SP tells the story. Sure it had some mini rallies but this share has been walked down since the RNS handling from 3.00. Sure it rallied to 2.40 and 2.00 but it has still been walked down to 1.55 now

Hello all,

Where do you see this SP settling.

The company shot itself in the foot with it's handling of it's RNSs as I stated before.

This has cost both existing and new investors because people now have a LACK of trust in this companies integrity.

Yep basically if you look at all the information recently put out it looks very strong

-They have already hit their full year prior year contract value when only 8 months in!

-Strong cashflow

-Minimal impact of covid19

-Director buying inc the MD recently

Yep I looked into this one yesterday and bought in

It had low volume early on but is now ticking up. What I noticed on this share is the volumes seem to uptick from midmorning and afternoon every day this week....interesting

Top class post KingKitega!

The good news here is that we are working hard on many fronts. I know many are focused on the Antigen rapid testing strips bit groundbreaking work going on in many other areas. So we are springing from a strong base.

King that is the most summarised summary I have ever seen :)

LOL

Nothing changed from yesterday to today....well actually ONE THING actually....

We are 1 day closer to news on potential global gamechanger news on the Antigen rapid testing strips

Gl all

First part of that was meant to read...

A savvy investor sees the opportunity to top up when others score an own goal by not being able to see the wood from the trees...

A savvy investors sees the opportunity to top up when others do not take an own goal by not being able to see the wood from the trees....I just. topped up. Thank goodness most of the investors in Avacta are knowledgeable in this company.

Today's RNS looks very good indeed but remember results are on past performance. Expect strong news shortly on testing strips.

The pipeline is bursting with good news.

-Strong net cash position of £10M
-News to come shortly re the rapid testing strips progress / success
-News on strong accuracy of the testing strips
-News of further collaboration partners
-News on approvals
-News of global production capacity
-News of contracts wins

This company is primed to win

Gl all

Topping up

Hello Nennyb,

Well this is the thing. What is the real shame here is I think this company has a lot of potential. But when things like this happens it leaves a bitter taste in your mouth. As you question whether you want to be involved in a company like this.

I am just asking for a level playing field. I do not think that is unreasonable. Investors already have to deal with the MM tricks as it is. Most other companies on the AIM work within the 'norm' timings of the RNS issuing. This just does not look good when things like this happen.

Even if you are issuing separate RNSs they should have been issued at the same time or certainly both before today's trading given the known impact that would be caused by issuing one ahead of trading and one after.....

Fine Yazo, I was simply replying back to another post.

But anyway GL all. I hope this one comes good for you.

I did not buy in at £3 but when you get things done like this, then it makes it clear whose interests the company has in mind.

No issue with needing to raise money. Or with the price of the placing. That is their choice.

But timing of the news is the issue. By putting the "first" news out after trading 'closes' knowing the planned "second news" after trading 'opens' means you sucker punch any investments made (those buys come from existing and new investors may I add) done based on the first RNS. That is very poor form.

Hello Groover,

It is the impact of the timing of these RNSs and the way they have been done that is my issue. This has cost investors "acting on the first RNS a lot of money" when another RNS was coming shortly after the opening of trading.

People would have bought into GDR as new investors and topped up at the SP high based on the first RNS. So they have been cr*pped on from a very great height. And it is them that I feel sorry for. The ones who bought in at £3. They would never have paid so much if the company had put both sets of information out together.....as they could have announced both together or put the second RNS out at 7am. Then the investor can either absorb both out of trading hours or both between 5pm and 7am.....before they buy in.

What has happened here is that news was put out to get the SP to the maximum knowing further news that would make the SP tank was coming shortly after. Why not put the RNS out at 7am on the placing - so that both sets of information can be absorbed before people make decisions based on HALF the information.

Investments are about trust and integrity. And these events do not help build the trust of new investors. I am not new to investing may I add, but it is hard for investors to turn a profit as it is. Without all these other potholes being put in their way.

So not only did a late RNS get released at 5pm yesterday after trading which could only have the affect of getting investors to pile in at 8am......as another investor questioned yesterday..why 5pm. Why put a RNS out after hours....so the people can absorb it and there is more time for the word to get out ahead of the next day's trading.

Then "Placing RNS" does not come out at 7am.....as they are well aware the SP will tank. And of course anyone who was in the know has a good hour to cream their profits. The RNS comes out at 9am....so people can steam in until the RNS comes out.

Once again the small investor gets stung by this appalling behaviour.

I do not trust this company as far as I can throw it.

Thanks ATBD,

Yes they have been working flat out and coming in ahead of schedule so far, so that looks really promising. And hopefully we will be getting news on further collaboration partners in the upcoming period too.

GL all

If you actually read the posting correctly you DOPE I was not gloating.

I got spiked on that share several times.

Hence the sentence "Now if I had only played Avacta I be looking at a lot bigger profit than what my screen shows!" So my profits took a hit too re GDR.

And the words 'Hopefully the rest of you are ok' meaning hopefully the rest of you didn't get hit badly on GDR too are hardly gloating.

I hate that GDR bloody share lol.
Greed is a very dangerous thing.
Hopefully the rest of you are ok.

Now if I had only played Avacta I be looking at a lot bigger profit than what my screen shows!

Greed chasing without fundamentals is costly.

We had done our placing and they had not!

This time 177,156 shares at 115.50

I know we had a number of 5.07pm large trades last week right mentioned by a fellow poster