Member Info for RorkesDrift

Ah it moved up massively before the placing cause he said test by mid summer (OK its a mugs game forecasting) and no need to raise money when he was actively discussing the opposite.

He let me down, he let the PIs down but most of all.....

Of hang on...

Agreed but I would have added ***"""* spooked

That's my worry. Price moves significantly before any RNS too often.

Hi Monks head - you are right. This was at 18p I think not 17p. At the time Covid test not announced but clearly was both in development parts but not all of investors aware and able to capitalise.

Same again - some people here might have bought as a top up (RK style) at £2+ even though parts of the City knew and were trading having been informed an RNS on the placing was due next morning. We even had posters on here telling us the exact price !!!!!

Ask yourself how did they know and who made and lost money...

https://www.sec.gov/tcr

Are you suggesting one group of investors have information that another group don't?

Next you will new suggesting that his new job is some sort of nod and a wink related sinecure.

I would hope he was too busy at Avacta right now to accept another position what with the house move and everything.

I'm presuming thats a paid position he has accepted - wouldn't have thought he needed the money having sold at £1.80 as opposed to £1.12

https://www.sec.gov/tcr

Agree it was opputunistic. However, one group of potential investors is being told no need to raise cash. Another group are in discussions for a year. Another group are told prior to RNS.

https://www.ipgroupplc.com/media/portfolio-news/2020/2020-04-02

My question - did these guys know about the potential test and the distribution agreement at this time.

Did this enable them to purchase shares prior to an RNS which would undoubtably increase the SP. Was this information made available to all share holders?

https://www.turnerpope.com/complaints-procedure/

If you google mid summer .....

I'm thinking compliance officer at Turnip and Hope should be cancelling her Xmas holiday

It is clear that several groups have AS looking after their interests.

1. Boo hoo. Invested at 17p - lfd announced shortly after. Tie up announced after that

2. AS informs PIs no plans to raise more cash. PIs assume revenue or milestone payments arriving imminently hence no need for cash raise. Price goes north of £2.

3. Price suddenly crashes. Message board reports placing at £1.20 despite no RNS. This enables shorting and PIs to be "topping up".

4 RNS of placing at £1.20.

5. AS reports had been travelling to the US for over a year to discuss fund raise. Direct contradiction of communication to market.

6. AS sells shares at £1.80

7. Price crashes

8. AS announces test not ready and an apparent switch to inferior nasal approach. Price crashes.

You know that thing in detective films where they say follow the money.....

Hand shanties to take the edge off :-))))

Vegas, as our in house expert, will be happy to lend a hand.

Lucky for the analysis. Not the patient.

I ran a trial once where we had an adverse event reporters. The cause of death was murdered but the doctor, who I think was trying to be funny, also put relationship to treatment - possibly. Luckily it turned out the patient was in the placebo arm.

What Sage trade said - would be remarkable if people within Avacta didn't know they were struggling with saliva and they were going to inform the market at some point that they were adding nasal. Heck I'm reading something into it - maybe there are no problems with saliva but if so just come out and say it. What it looks like is the news was "awaiting confirmation" whilst AS spoke to his estate agent.

Its not that he sold shares or bought a house. Its that he did so because he had knowledge that he hasn't passed onto the company owners - shareholders

Bit like organising a deal with boo hoo enabling them to buy.

Bit like negotiating with sequoia floorings and tiles for over a year whilst public ally stating there are no plans to do a capital raise - not we keep our options open but actually no plans.

Bit like it will be ready mud summer, some time soon, imminently etc etc whilst timing his house purchase to perfection

I get the impression keeping his share holders rather than his city friends happy is a burden he isn't willing to bear. Bit like having six years to actually bring anything to market rather than ask some other company to fanny about whilst he keeps his salary rolling in and his fingers crossed.

What price did AS sell at?

https://youtu.be/im3saZsxvqY

I laughed out loud twice. Both DoH85.