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im still going for my 10% today, from here all it takes is 4/5 decent buys and they will ramp up the sp. one thing is for sure... that rns is close.
On the Dow Jones. Expecting minimum 10 % gain tomorrow….. minimum. !!! 30s here we come.
Dont bet against it, time for them to pull their fingers out of .... and issue them rutile results or tell us whats happening with songwe.
lets see how closely the mka board are watching the foldings here.
Looking at today’s trades the large trades were dumped hard and fast. It was a seller who was forced to liquidate position to cover elsewhere. No other reading.
The ceo putting his own money of £700,000 in the last fundraiser at 24p will do me fine and I’m sure he’s looking at the sp. let’s hope we get above 28p by close. I think we will. Few more buys and 28 ask will get slapped. Come on MKA.
Something obviously is not right. This is way way apart from normal trading pattern. Last fundraise was at 24p so nothing to worry on that part. Wtffff could it be ? Really depressing how these things long out. Back to square 1 with all the newsflow to date. BS.
To be fair I’ve ran out of excuses to give. There was obvious selling around the 30p level and whoever it is or was they are still shifting the shares now. Really strange given the rre prices and newsflow to come. Could we turn blue by close today ? ….. you bet we can and from technically chart point of view we better get above 28p.
Sad start to a Monday. Let’s see how the day unfolds here.
It’s general PI who are panicking with the herbal markets or sellers that see a quick buck elsewhere.
As you mentioned before …. Why they are selling at 28.5 major support that’s bounced last 3 times is plain stupid.
However I really hope they surprise us with good newsflow over the coming weeks.
Monday morning would be a good start. Remember in his zoom interview the ceo and cfo both talked about newsflow that’s to come in q1. That’s within 9 weeks and they mentioned Atleast 4-5 material newsflow specifics.
So it’s Atleast 1 rns every 10 days on average from now on.
I think you answered the question yourself.
If the trials conclude well and results are very good then your 80% loss will become a min 80% gain.
I hold no position in avacta but follow Myles on Twitter very closely. I did disagree about 4-5 months ago that avacta was a good investment …. Simply because of the risks involved with biotech stocks.
I hope it works out for all of you invested included myles, I feel many are too in love with avacta to use common sense but inside 3-6 months avacta will put its holders out of misery. It’s either 30p or £3.
Good luck guys.
Same old same here.
Just went I thought we would move higher the market and more importantly the sellers have lost faith.
How many more times ? A poster yesterday made an excellent point about the actual value of the find in terms of value and by the looks of it he found he right.
All these expression of interest is nonsense because we don’t know the actual terms of the deal so plz stop going on about it when it’s not factual or real.
Can see 7p here again. God forbid if somehow the A1 drill doesn’t come up good or there’s a hitch drilling it … how long can we bare this.
Agreed Sanchez and it’s what I was screaming about the UT trades that kept us locked for Atleast 3 weeks. They have stopped now and the price did move up but is back at the same level as before. Funny how it’s stuck here ….. I sure do remember takeover offers coming in above the 30-60 day average price so it’s weighted in favour when it goes to a vote.
Just a suggestion. Not going to guess sp movements as I’ve promised not to. But something has to give here …. So close to so much news and yet nothing coming through but sells. Hmmmmmmn
Agreed. Personally it’s just a case of getting them 2 birds with one stone situation where we need to know who is pulling the strings behind MKA. Once we know who our partners are and what the plans are going forward then we can relax and wait for the multiples. Being in Malawi I feel like we won’t always get the recognition we deserve but one step at a time. I’m expecting Atleast 2 rns before the month is out.
Feb will be explosive. With all this news due it would be nice to have a higher high and a higher low so Atleast we are progressing.
I don’t believe anyone would do a deal with the same people at the same table if they were wanting it all for themselves.
So therefore I believe an offtake agreement for the life of the mine at 100% offtake will be done between uk/us/total.
It’s the best solution from being taken out.
Either of them equals min 100% from here
I wished the good guys on here good luck when I decided to sell many months ago.
And yet here we are at the current price ? What going on ? How can some of you try to justify everything is going to plan ?
I feel the ceo has failed here and is covering the cracks as the sp continues to fall. Optimax and others selling at twice todays price was a big sign …. They sold as much as they were allowed to.
For heavens sake get over this soft launch nonsense , it flopped and should have been the foundation.
Now here’s to lower lows with the hope Croda can save the day because in my personal opinion the opportunity here has been missed with the ridiculous soft launch.
This will take some going. Many waiting to sell and breakeven. Fundraiser is also a possibility. You live by your decisions …. So glad mine was the correct one here.
You will need more than luck here n afraid.
Keeps selling off on good news. With a few weeks or more until A1 results are confirmed we could go lower. Annoying to say the least. I hope avother fundraiser is not coming. Wouldn’t put it pad Adonis.
It’s obvious what is happening here. I promise to give up making predictions. This has been kept here for a reason and it will take more than a few trains and a load of busses to move this one.
It’s being set up and I can see along with many blind men that it will happen one day. They won’t get me to sell. They don’t increase the price. They drop it to force sellers yet bounce it back to the same level again and keep it there.
All we can do is wait ….. silence speaks volumes here.
Could be on target but we need 10% min gain today to stay on course.
I’m very confident we hit 40p Atleast this week. Nice blue rose coming today.
just added 30786 shares to my holding. :)) not shown yet, sure it will do so after hours as unknown
This is absolutely mad, effectively it would double our valuation or triple it if this ever gets passed.
essentially we are sitting on a major major time bomb with prices going through the roof and the need for governments to act.
As this gathers pace over the weekend i can see us moving higher in anticipation of a number of rns releases that will surely give the sp the lift it deserves.
this is why i cant believe that a deal for songwe has not been rubber stamped..... the longer they wait the more they will have to pay.
its a buyout most certainly because governments will not want to be taking orders from small companies when national security is at risk.
Sooooo f glad to be back in. 10.10p somehow. Thank you for the sellers.
Can see huge rns drops over next few weeks / months.
20p coming fast here