RE: Where would we be without Miton24 Aug 2020 16:20
Hiya mstar,
I agree that Miton aren't the issue and your post got me thinking about how many more "holders" we might need to provide a base that would be more difficult to be shaken about because of day traders. No doubt I might get shouted at for this but here we go:
Of the 250m shares, there are 25m currently not being traded as far as I can tell from the Avacta website.
3600 holders with @64000 shares each, or 7200 holders with @32000 each would account for the rest. Not very scientific, I know but I also believe that there a number of holders with much higher holdings than that, so we don't perhaps need thousands more to get to where you are indicating.
As I said, I might get shot down here but it is only an opinion and I doubt that Avacta staff share holders are not holding onto theirs.
I think we are just one piece of news away from the first inflection point and that could be BAMS, LFT, Integumen, or my outside shot of Daewoong producing a therapeutic approach after Donald Trump's announcement yesterday.
However slowly this goes for now, I await AVA6000.
All the best.