Member Info for RevoltingPeasant

Hi Zoom

Your first response to me is appreciated. Ref your last comment. I don't have enough knowledge to challenge Ophidian, but I can do maths!

Zoom - why spread incorrect info? Just more FUD?

SP hit 50p at 15.40pm and closed at 44.5p. A fall of 11% from the day's high. Over the day the price rose from 42p Friday's close to 44.5p an increase of 5.95%. Even if the "last trades" at 39p were genuinely the last trades (they were posted after the market closed so could be from any time in the day), that is still "only" a fall of 21% from the day's high.

Happy to read opinions from anyone. I don't filter anyone. But please keep it accurate or keep quiet.

And suddenly we're up 10%

There have been business or trading updates on 18 January 2018, 21 January 2019, 23 January 2020 and 24 February 2021, (notwithstanding the change to financial year end to 31 December 2019). Now very overdue. We need (good) news to stop the slide in the share price.

That's huge. Anyone got an explanation. Does it bode well for tomorrow?

What is the point of an inaccurate test? If you have to buy it yourself, get one that works!

The picture on Boots's website shows Abbott's LFT. In the January pre-print study of diagnostic performance in a clinical setting of AffiDx LFT against other commercially available LFTs, Abbott's LFT showed sensitivity of (only) 96% versus Avacta's 100%. Not good enough. Abbott was only marginally better than the discredited Innova which scored 94%. Admittedly, this was pre-Omicron and pre the pausing of the sale of the LFT.
I am firmly of the view that if we are going to have to buy our own LFTs, many will want to ensure accuracy over price. I certainly will. I just hope that Avacta can resolve the current issues before the end of March.

If my maths is right, you bought & sold around 6,000,000 shares worth over £25,000 to generate your £316. Balls of steel!

If free LFTs are to be scapped next week, then surely approval under CTDA must be given for alternatives, including UK designed/made. Have approvals been held back pending withdrawal of the free tests?

Article just published on line - https://masterinvestor.co.uk/funds-and-investment-trusts/going-for-a-song-has-the-write-down-at-hipgnosis-songs-gone-too-far/?mc_cid=4841dc7b35&mc_eid=ab829aae52.
If LSE blanks out the web address try masterinvestor . co . uk, (without the spaces). Looks a good balance view to me, confirming SONG is oversold.

Volume today (according to investing . com) was 7,568,333, more than 3 times the daily average (last 3 months) of 2,455,501. Someone buying big?

Volume getting higher by the day. Almost 10 times the daily average (last 3 months) according to investing . com. 2,632,699,893 today against 277m (before the average was updated to cater for today's trades). Don't know why the total in the fundamentals tab above doesn't coincide.

2632m is 13.5% of the total shares in issue. Soething must be brewing!

Extraordinay volume again - just shy of 2Billion - 1,973,798,177 at 1.25pm

Loving the enthusiasm this morning, especially Oranolio and Infinity, but let's do some basic maths ...

Incidentally I am a long term holder, in profit for the first time this week and intending to hold. Hoping for a repeat of the near 80% share price increase next week.

Volume this week was (rounded) 5,955m, which is just shy of 31% of the issued share capital, so if we assume say 60% were buys (the buys on Friday were 55%), we are still a long way from getting to 30%. To get to Oranolio's 15%, all the buys would have to have been by the potential hostile bidder. On the other hand, a TR1 for 3%+ looks entirely feasible. 3% of the issued share capital is 582.5m. And if they continue to buy, game on!

Closing in on 1Billion, now - 936,828,693. How many days has volume been close to or over 1 Billion? Daily average (last 3 months) is still only 255,170,956, even after allowing for the huge volumes over the last week or so.

928 milion now

Any prospect of approvals under CTDR to coincide with dropping of restrictions and withdrawal of universal free LFTs? Has approval been delayed (20 days has turned into 20 plus weeks) to coincide?

Massive volume again this morning. Already more than twice daily average (last 3 months) at not long after 9.30.

Extraordinary volume ... almost 3 times the daily average (last 3 months) and it's only 9.20!

UT of 95.25 against bid/offer of 83/84???? Anyone able to explain?