Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yep, the "overnight" comment corroborated by Paul Hill.
Thanks for sharing Mr. R, all very positive, albeit that he is a consistent cheerleader for Avacta.
No 7am RNS - £1.59 opening price.
Closing price - £1.65
Impossible to predict iif there's a positive RNS.
We'll know soon enough - yawn
Hopefully they'll sharpen up once they're listed on Nasdaq.
At least phase 1a hasn't lasted 20 years @ gmcc :)
A sensible post and out pop two of three wise monkeys.
I guess I am just one of the few (relatively infrequent) posters on this BB that's interested in reading different viewpoints and not getting carried away until the data have been independently peer reviewed and commented on post SD, assuming that the data in question will be revealed rather than kept under wraps to insiders. Everyone seems to be expecting the great reveal on SD but my gut feeling is that this will be limited bearing in mind the target audience for the 23rd. Whatever is revealed, I doubt it will be detrimental to the prospects for the SP.
Quality recent discussion on this thread today. Well done!
Thanks Wyn, pleased to receive your thoughts as always.
Lady cheese always says that she didn't marry me for my money but she might divorce me for it! Perhaps I should sell up now before she's tempted after the takeover.
Be careful what you wish for @ Mowzerrocks. As the iron lady once said "socialists eventually run out of spending other people's money"
Dear Mowzer,
I also don't mind paying my fair share and it sounds like you may be of an age where you might remember when a previous Labour government had the highest marginal rate of tax at 83% and there was a surcharge of 15% for any investment income.
It's an accepted reality that increasing the marginal rate of tax reduces the total amount collected as tax payers seek ways to avoid paying same. It also acts as a disincentive to work harder and causes talented people to seek employment overseas (brain drain).
It's certainly arguable that IHT is a pernicious tax in any event as it represents "double" taxation. Anything you have earned throughout your lifetime has been subject to tax and what's left is taxed again when you die.
We're already one of the highest taxed people in the western world. The problem I have is with the way the numpties in charge spend it - like a few billion here or there on crap Chinese LFTs for example.
I wonder what happens (apart from a massive increase in SP of course) if Avacta gets taken over? From an IHT viewpoint, I assume that the relief would be lost once it became part of a FTSE company or one overseas.
Thanks for that Sonny. Seems to make sense. The missus gets everything when I pop my clogs so IHT won't apply but if she goes first (perish the thought!) the kids might benefit (at least from the ones I bought in 2021) even though I can't persuade them to buy any now! I might just spend their inheritance anyway!
Thanks for the response FLW. So, if I interpret your answer correctly, IHT relief on AIM shares held in an ISA would not apply. The relief would only be available if the shares had been held for 2 years and were passed on directly to beneficiaries.
Anyone know the tax position for IHT for AIM shares held in a stocks and shares ISA? Obviously the account holder would be sheltered from CGT but would beneficiaries have to pay IHT on any gains made on AIM shares or is the whole ISA subject to IHT on the deceased's estate irrespective of the individual shares contained within it?
This is where Margaret Thatcher, with her science background, would have been so useful. Most politicians are clueless when it comes to innovation in the sciences.
I think one thing we can agree on is there's not much point continuing the so called discussion in the absence of any substantive new news. So it's goodbye from me unless something really interesting happens and until we see what emerges from the Science Day. Good luck to all whatever your view, investing strategy etc.
Mr. R. I think you have a lapsed memory but maybe working nights and not getting enough sleep brings this on?
142p would be a good price to top up again but I would probably be tempted at 145p .
But @ RAH, if you keep repeating the same "news" it doesn't really move the discussion on does it?
We get what AS has reported and said in the interview, but where is the massive SP reaction that some people were saying was bound to happen?
I actually think that a 50% increase in the SP since not much before Christmas is a pretty good result. I think I said that I saw it spiking on the awaited news and settling back to about 125p . At that time Mr. R. was confident of a minimum of £2 if the news of the report on p1a was as expected. Well it was better than anyone expected, which probably explains why the SP is at around 150p rather than 125p but doesn't explain why it isn't at £2.
But never mind cos no-one is going to take less than £8 on a rumoured takeover so who cares - folk need to get real.
Unfortunately it's not new news though is it?
Posters said the SP would be likely to respond to the RNS over say 10 trading sessions after the initial spike. That seems to be what it is doing and finding a new trading range. When I pointed out the existence of the RNS to a younger family member who is also invested he said "well it's AIM so I suppose it will drift back down after the initial excitement" Quite a good prediction as it's turned out.