Member Info for PL75

Ooooh, could it be a CFO that can add up? She'll need to backfill, otherwise, up to her and how she wants to shape it.

Give it some time Timster. Once she's been in Yorkshire a while it'll change. Soon it'll be 'I say what I like and I like what I bloody well say'

Shhhh, the gambler doesn't count losses. Classic gambler.

Nuff said.

Broader range of shumper colours. His insistence in choosing grey was the straw that broke the camel's back with the IIs

Yeah, she'll need to backfill. Hopefully a focus on getting ava6k to commercialisation by 2026 then start thinking about further development. Ava3996 will do nicely for now, stay streamlined and meanwhile get the licence deals flowing. If the 2026 timeline is realistic, then now is a great time to be buying. A profitable self sustaining Tx platform has to be worth a few bob.

He didn’t just shaft PIs in the latest raise.

Usual rules apply for the 2 week progress, someone might have popped their clogs so patience is needed. Hopefully Chris understands how a calendar works and can start giving more realistic confident timelines

Could have been in play for some time. Easy move and get out by CC, use Alan and fling him under the bus for the raise - no explanation needed. Oh, the previous leadership was terrible, sold us short, I won't be doing that...

Hmmm, scuppered my business plan there... anyone know if Tony's middle name is Alan?

Ideally have it on camera, she should flog him whilst everyone is chanting SHAME SHAME SHAME

Stop biting. Ignore it.

Back on topic. Bye Alan. As has been said, I imagine that CC has been in charge of strategy for the platform since her arrival. I'm pleased to see the shumper wearer out the door, thanks for getting it in the clinic, it's time to move on. Next up, TG out, she'll need to backfill and strengthen the board, decide what to do with Dx and continue the Tx progress. Good luck to her.

It's not in my nature Timster

Pffft. What do you know? I'm confident. I quadrupled my holding today. Tomorrow is going to be absolutely MASSIVE.

Me too, I doubled my holding, tomorrow is going to be absolutely huge.

Anything less would be a massive disappointment gje. Imagine if they just present the results which is the purpose of the update.

Nice one Prof - demonstrates how bright you are.

Greening, ignore Bella, she think it’s one vote per shareholder. She’s talking about a lad scrawling lines on a whiteboard on a blog presentation.

https://www.turnerpope.com/wp-content/uploads/2024/04/2.AvactaGroupplc_29-2-2024_FINAL_BGv2.pdf

See page 6. Expecting commercialisation in 2026 following phase 2 which is registrational for their chosen indication. Phase 3 will take place beyond then, likely with partners for global markets, and for other indications.

Stodgy for cfo, you’ve got my 10 votes

Oh, he’s lovely. I found it charming when he described PIs as liquidity. That’s his view of the majority owners of his business. That’s plenty ammunition to call for his head. It’s obvious his goals aren’t fully aligned. As long as he’s banking his whopper of a salary and his mate Tony is chucking options his way, then all is rosy from his perspective.

I’d like to see him stripped of all options. If he wants some back then he can cash them in at £50. Keep him in a cupboard as a board advisor if you must but get the naive buffoon away from decision making and spouting vacuous superlatives and pathetically inaccurate timelines.

Now for a bit of balance, he’s got AVA6k in the clinic. He was opportunistic in the covid raise to achieve that. Frustrating at the time but the right thing. Congrats. I can’t say the latest raise was the right thing - he left it to the last minute and over looked available retail cash previously - because we’re just here for exit liquidity. My 70p top up could have been at over a quid straight in their bank account, but he preferred 50p from funds that will make their cash and be gone within a year.

In the same way that others have moved on as the company has matured, it’s now his turn. Thanks Alan, best of luck for the future.