Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
Well(!) - now that the website no longer introduces us as 'an oil exploration and production company' we have INCOME from OIL lol. We shall need another column, INCOME, on our company balance sheet (another lol); however, this will put pressure on admin and, as a result, we might also see a welcome return to the heady days of typos in the RNSs....... :-) Another side outcome is that Mickey's plane might fair better flying us to Texas - the Alaskan cold does nothing for the performance of rubber bands! As ever, VGLA
08.34 - not quite what my broker says. Register interest and they will see what they can do. Not being naive here as I'm sure they will fail to get 1.8? However, the point is that this post is inaccurate. The 'same old same old' is not true. VGLA
My feeling is that specific Covid-19 LFTs are a distraction but the real issue which Avacta might choose to address is 'accurate personal at home testing for infections' (including, but not limited to, any and all forms of Coronavirus). I am getting a sense that some on this bb have not seen what seems to be 'coming down the track'(?)To all those who will still be here - VGLA
I have been wrestling with this 'Jupiter' short. The narrative that it is simply a 'short position' does not seem to make sense. So, although the following is likely to be wrong; the most persuasive argument to me is that this has arisen as a hedge associated with a substantial investment. An investment organisation at the scale of Jupiter probably cannot wisely invest in AIM listed companies such as Avacta without a suitable strategy to address any possible investor portfolio decline (AIM listed and increased risk, etc). The simplest (and often cheapest) vehicle to guard against falls is suitably structured short position(s). This seems all the more likely as their short increased on our latest transformational news; I take this as a signal that they bought more shares and the corresponding shorting is likely to cover their most recent purchases. Of course, until they reach the 3% threshold we shall have to await annual report or other; irony, as short holding is immediately publicly accessible.
Probably ramblings above are all wrong but they make some sense to me. As you can see, I know little about intricacies of shorts, except that I am wearing a pair! All imho and all that. As ever, VGLA
10.04 - MrMartini: we appear to be in a similar position. Great to see Blingybird posting here too over the past few weeks (probably longer...). To those in both places (whilst recognising our 'overlap') - VGLA
12.39 - has always seemed so. I have never logged the days on a spreadsheet to check AIM down vs ASX; appears a vacuous waste of time to do so. However, the 24 hr trading cycle clearly provides those in the market with arbitrage opportunities. VGLA
Over my decade here, about 8 years have seen Conoco is going to buy us out 'imminently'. btw - there are serious production issues in these videos compared to the hundreds I have been directed to over the years. Despite the videos our position is as compelling as ever - maybe, or maybe not to CP. VGLA
Hi Blingybird - we met at Globe. From my journeys through drills on ' the other company', more often than not the SP sank throughout any given drill. Here, currently, the SP is rising. No conclusive statement and all might speculate on why an SP might rise or fall during a drill. Watching with interest and all best of luck to you and VGLA.