Member Info for pardariff

Greygeorge, Lets hope its the share price

Now we are at the start of the winter season and gas prices could rise quite quickly on a cold weather forecast i would not be shorting natural gas as it is already on a low price .

The same logic could apply to Dec shares as they are looking so cheap and a hike in natural gas price would probably help to get the share price back to where it should be.

Like broker forecasts, these management firms do not always get it right

Doggy I posted on 9th de.c that todays RNS would probably an update and anything else was pure speculation.

Some ignorant poster ridiculed me for that post but the point is Avacta are making good progress but these things obviously take time and when loads of non realistic waffle and hype takes place when the Big One does not arrive the share price drops.

PIKEMAN I agree with your comments but would add that when a proposed US listing on 11th dec was indicated [ but not given as a firm date ] and then it does not happen this is probably also affecting the price negatively.

I am sure that when they have listed they will soon tell us!

Jimbo.J At current price this share is yielding 22%+.

To my non charting simple brain this strongly indicates that either A,- the dividend cannot be maintained going forward or B- the share price is incredibly cheap .

At present i am in camp B

My opinion FWIW is that as soon as us natural gas prices start to come off recent lows this will recover quite quickly .

I know many experienced and knowledgeable posters are pointing to the hedging situation which seems favourable to DEC but sentiment is sentiment and can drive the price down

Lets hope the US listing can be the catalyst for a take off!

No RNS guarantee, The only commitment is an investor update, which could be a simple progress report , everything else is pure speculation.

What do these brokers get paid for?

We have a top pick at 290 to a sell at 115 !

This must mean that either brokers have not got a clue or there is some serious ramping/ de ramping going on .

Surely its about time the FSA got involved and stopped all this broker nonsense!

Is a US listing definitely going ahead on Monday?

On the latest Rns the company said that the result of the listing would be effective later in December and the listing info was previously given as on or about the 11th of December .

This does not come over as an exact date but i stand to be corrected

This is not a deramp but for the last few weeks the price of US natural gas has been on a right downer

and however efficient/ well organised /etc this company is it must be subject to market forces .

I know they use hedging but when the perception is of a falling price going forward sentiment is against the share price.

A good blast of winter weather in the US will work wonders for the share price in the near term!

Kipper9 i make the same calculation on dividend as you This is still a healthy 14%+ based on 66p share price

Kipper9, my take on dividends is to try and find safe companies Ie ftse 100 companies that pay good dividends and will be there in several years time.[ this is where other board readers collapse with laughter!]

I recently purchased NCYF - New city high yield paying about 9%

Kipper9 Cant fault your logic, lets hope these shares re rate quite quickly!

For those of us already invested we obviously would like to see a less than divi fall in the price and would even settle for a large rise !

Picked peck , like you i am disappointed with the usual drop in the share price.

The US natural gas price is in decline and i assume that is the reason

Going forward the price could reverse quite quickly especially as we are now in the winter season.

The company is as mystified as us investors as to why the share price is so low

Andy144,i agree with your and other comments posted.

At current price the P/E is less than 1!.

In my simple mind this looks a bargain share even though at present gas and oil prices are depressed.

Perhaps the market perceives this as a possible reason to downgrade the share price but the company looks well managed and my take is that within a few weeks or even a few days the shares will rerate big time .

Fwiw A decently run company would not allow a winding up order to take place .

Have you seen M+sS or Next etc. ever been in this situation?

The reputational damage is immense and shows a lack of business acumen

Most posters on here have a conviction that AVA 6000 works and time is the issue.

When MTD is established we should also have more info on its efficacy which will speed up the next phase.

Making assumptions based on 6 years time is not really useful as its like saying how long is a piece of string.

Say 1 more month to find MTD and then a maximum of 6months to prove efficacy it is very likely that by early 2024 we will have the positive result and then a really massive uplift to the share value.

Jax. If the merger goes ahead this should be seen as a good decision by the BOD .

There should be a quick uplift to the share price as there is no point in a merger if it is not perceived to be a benefit to both companies

As i am sure most dedicated voders will agree this gradual drift downwards surely has to end sometime!

Roofer could you please put my very first prediction at79.9

Scrodingerscat,I respect your different view and we are where we are.
My opinion is that drilling decisions would probably be taken after full consultation with all the team and the staff /consultants have taken shares in lieu of salaries /fees.
If they have confidence in the CEO then so have i.
Sorry if this is different to your view but lets hope that we can get a good outcome and share uplift moving forward