Member Info for MrSpeculator

Well yes I still believe if we get a strong accurate test and work towards the numbers of tests we have all calculated that this will move us beyond our previous £2.15 resistance. And the SP has been robust. I am just keen for all our patience to be rewarded I guess. And some profit would not go amiss either ^ ^

The good news re that link is that the results take 48 hours whereas our test result would take 10-15 mins right

Hello PL75,

Super post and research. I agree that in terms of all the jigsaw pieces that Avacta are still in the driving seat.

I guess I was having a bit of a rant and a whinge.

Below is the link of the one I heard on the news. But as I say as far as I am aware they have no backer or distribution channel:

https://www.gov.uk/government/news/new-saliva-test-for-coronavirus-piloted-in-southampton

It has nothing to do with me working for Pharma's

I have already seen other rapid test pretenders start behind Avacta and attempt to get their product to market. Thankfully that rapid test has a product without a backer and distributor. But the point remains, we take too long and we have no early mover advantage. The credentials science wise of this company are first class but they need to get things moving. This is not purely about pharmas, this is about business. One man and his dog are trying to get a rapid test out at the moment. Sure they do not have all the components we do, but I tell you what, if we dither much longer then we will be overtaken.

I say this because I want Avacta to do well but they cannot wait forever here. They need to speed up.

Partly agree and I partly do not.

While predicting the Antigen rapid test RNS is pointless, we are getting to the point where Avacta are taking too long on this one. Yes they need a highly accurate test, we cannot wait forever otherwise their early mover advantage will be overtaken.
They have talked a good game and to be fair to them they have put a lot of good things in place with the Cytiva collaboration and Medusa one too.

But tbh we need the "main news" soon, putting out other news will not suffice. They had long enough at this in order to give us a meaningful update around testing accuracy and the production capacity they are planning to meet over the next few months. Price point is another thing we want to hear about.

We cannot keep saying 'sometime in the summer'.

I have topped up big today but they need to pull their finger out their @rse and start backing up their words.

I believe they will deliver but timing is key too. So we need to get a move on here.

Sorry for the rant but we need actions not words or updates on side stuff!

Gl all

I certainly hope we have all got this one right lol as I am in big on this one :)

But yep all the pointers say this should go well:

Board have a vested interest
Nomads
Bank
Precious metals in the ground values
No debt
Now a producing mine at West Kytlim
Flanks news on the way
Upgraded resource estimates on the way...they will work hard to increase these to achieve fair value for the company
Takeover offer imminent with multiple interested parties and given the other big competitor takeover did not go through

Gl all

I still have an interest in Avacta and plan to top up.

Every time I see a RNS alert for Avacta, I think finally we are getting the update we are waiting for. The good news is that we had more promising information in todays RNS. The more frustrating news is we are still awaiting the news we really want.

- How accurate is the rapid antigen test
- What price is it going to be
- What is the progress of the EU / US Approvals
- Production capacity for the rapid antigen tests
- When they will start being sold.

The good news is right now people still have more time to top up at decent prices which are below the recent placing price which was oversubscribed.

I am still very sweet on Avacta. But I do worry that things are taking so long that they are going to miss the timing here. They had an active audience previously. They still have one as people are crying out for rapid testing with quick results. So if we can get the test out, as stated by many we will get a real SP inflection point and will surpass the £2.15 SP without news which was prior to the placing leak.

Gl all

Hopper - nice summary so I am going to re-post it lol...one thing you didn't mention is the board own 25% of the company so lets add that in!

The flanks have been agreed so it’s just the finalisation of the paperwork etc ? Backed by the Russian Government! Just awaiting local approvals I believe.

The nomad is top nomad

The banks are top banks .

The board are top board with m&a additions recently added

The board own 25% of the company!

The metals in the ground. The Palladium prices are on the up and forecasted to keep rising for the next few years!
Resource upgrades will be coming too.

Another conservative open of 16-17p, buys flock in and then it moves back towards 21-22p

In all other takeover bid scenarios, this SP should gradually rise towards the likely takeover price. Given we are nowhere near 40-50p then this has some way to go before it meets serious resistance.

I think most even the conservative would anticipate an offer price of 45-65p....

The company has put a lot of effort into growing the prospects and resource base of this company. So personally given some of the board went in big at 5p, no way they would settle below 40-50p.

If you listen to the interview given, Dimitry clearly says the bidders are well aware of one another (as they know each other well from a competitive perspective), so given this - people will only be tabling "sensible" bids for fear of losing out.

With Sibir energy, they got an offer of £4 I think from BP on the Wednesday. A competitor kindly asked them to withdraw their offer. The local way lol. Then a competing bid of £5 went in on the Friday which strangely enough was accepted. Shares got suspended at £1.70 for none takeover reasons.

Unless we get a big resource update or flanks news - I think 45-50p seems reasonable. But 65p upwards is also within reach too.

The great thing is we do not need to guess here. If you have bought, then just hold out for the offer price to come in with hopefully flank and resource updates in the interim. If you need to top slice then do so.

Gl all

Nice to see the share price hold up well after the big rises lately.

There was very strong buying going on earlier but some of it got reported as sells wrong as the they were going through below the range. Also quite a few delayed large trades too. I would expect we get some RNSs soon as thresholds are declared as being crossed.

The volumes have also been very strong. 175M total traded on Friday and 130M on the Monday, first day of the week without any news.

I am trying to not watch the SP too much personally by day other than to top up on any dips ahead of next news. Then it is a decision on how much people will top slice etc or let the thing ride.

Good luck everyone invested here. Let's hope this one does well for everyone.

Gl all

Watching this morning many buys were getting recorded as sells on ADVFN

Is there any good site that people can recommend and do this ever get retrospectively corrected?

Not ramping the share. We are all aware of the risks.
I am purely repeating what is already out there....by the people who run the company....

-A strong competent board which owns 25% of the company
-Dividend will be coming
-No debt
-Producing rather than just being a junior
-Flanks news on the way
-Big banks involved in takeover talks on no retainer and only on success based fee

Any takeover talks has risks it could fall through sure. But if I wanted to go into any takeover talks it would be with a competent clued up board with skin in the game aka Eurasia.

Also given resource estimates have to be done conservatively, upgraded estimates can only push this SP higher.

Of course do your own analysis

Gl all

Alfe I rarely get into battles on here as it is not worth it.
But you are full of dribble lately lol.

My point is this. A loss is only a loss if it is realised.

This SP is only going to keep creeping up towards the anticipated takeover price over the next few weeks.

Each time the opening SP has been set conservatively and it has continued to rise.

Speak to me on Friday this week and then come and bleat to me about 15% loss? Why? Because the SP will be over 25p by then.

I am one of those who bought in lower than todays SP and at the SP high.
Not worried one iota by the fluctuations. why? because 500M is not what this company will be sold for....

It will be going for well over double this market cap.

No offence meant ok chap.

Gl all

Lol sitting on a 15% loss....you are only sitting on a loss if you bought into this share for a short term gain....

Why in the hell are you going to take a 15% loss no this stock...sure shares will go up and down but the overall trajectory of this shares is going to be upwards while we are in takeover talks and await flanks news.....

If you bought in after the previous upside then it makes sense to hold for the takeover offer and flanks and upgrades news.

The board have 25% ownership of the company. We are not talking about the odd 10k buy here or there to show strength. They were in front the start.

They are well aware a strong SP will strengthen negotiations. We have multiple interested parties not one....and the banks involved and their deals they do.....the banks are not on a retainer....success fee based. So it is in everyones interest to get a good deal.

We also have dividends to come.

Anyone who has bought in above 20p and sells pre-takeover at less than 30-40p needs their head reading.

I have bought in at 13-14p and topped up multiple times.

And will be further topping up into news.

I am not disagreeing the SP will swing - it will but to take any loss on this stock given the fundamentals is pure madness.

Do your own research.

This share is not going cheap. For me personally we will get an offer around 50-60p

If we get any significant resource upgrades before takeovers conclude this will go over £1.

Gl all

Great link Pacha

Exciting times!

LOL Alfe,

Given I have been in stocks for 20 years - do are you like.

But I have made profits on many mining stocks include Sibir Energy who were also taken over after their shares were suspended for £1.70. We were offered £4 on Wednesday and before they could issue prospectus we got a counter offer for £5.

Also been in AFE, RRR, a China Russia company sold to Rio Tinto. The list goes on.
As well as GKP, Avacta and NCYT.

Gl all

Read why below:

https://www.powerof78.com/2020/03/08/gulag-eua-0320/

Report at the bottom of the page to download

What was the buy and sell range at 15.26 let me take a look

I guess it was Friday

Steady,

The link to share talk?

Whats behind this latest rise?