Member Info for Runner-Runner

No, because that would be sellers forcing the price up.

"Buyers (try) to force the price down sellers (try) to force the price up"

Why is this concept so difficult to understand?

You are all getting confused by the notion that more sellers than buyers in a market is the trigger by which lower prices are set.

It isn't. It is the mechanism for sure. The trigger is when an actual buyer comes along in a market and makes a purchase.

5 sellers in a market to 1 buyer. The last trade was made at £1.20

5 sellers offering to sell at £1.20, £1.19, £1.18, £1.17, £1.16

The price is £1.20 (the last trade)

Does that 1 buyer come along and say

I'll buy at £1.20 when he can get it for £1.16?

No. He buys at £1.16. The new price is £1.16 and the buyer has just forced the price down.

Now there are 4 sellers left and no buyers right now.

The price remains at £1.16

Another buyer steps up but still thinks the price is to high so offers £1.14.

One of the sellers needing to sell more than the others takes that price.

The new price is £1.14 (the buyer has forced the price down again)

The more sellers in a market than buyers will allow this to happen of course, this is the mechanism for lower prices.

The actual trigger is always pulled by the buyer though.

"there is certainly a huge disparity going on"

There is Maid. The disparity is between what ME says and the truth.

Is that video supposed to be a positive for the investors?

I remember that video very well.

It was the day even more of my trust was eroded.

Anyhoo. I have made my point here. Today was more evidence for me to sell down another chunk for the reasons explained earlier. I have just punt money left now from what was once a very serious investment.

Unlike others, I won't be trolling the board, as I now have little more than a passing interest in MOS, its bod and its future.

Fingers burned, lessons learned.

Genuine good luck to those that still have faith here.

"Revenue from world Cup will see us through to profitability"

Not a chance Jabba.

The details of these deals are becoming very clear now. We are giving clubs a free pass to give NFT's a try. We are paying upfront cash, MORE dilutionary shares - are receiving an UNKNOWN percentage of the revenue from initial sales.

The business model is a huge upfront drain on resources which is why they have to keep issuing more and more paper.

This only works if the secondary market for the NFT's they produce keeps earning them repeated commissions. That is going to take years.

More contracts?

Be very careful what you wish for.

https://www.fool.co.uk/2022/10/24/can-the-avacta-share-price-make-me-rich/

Totally clueless

"are we expecting a good run of RNS'S?"

We've had a good run of RNS's.

What we need is a run of GOOD RNS's

Having been critical of Avacta board in the recent past, (due to many years as an observer and investor) with such painfully slow progression with many disappointments along the way...

I can say that today's announcement has me excited about this company again.

The Elephant of cash has been tossed out of the room and into the far distance today. On top of that, the fairly non dilutive cash raise, the purchase of a cash profitable business (with or without Avacta diagnostic products) and the ambition and confidence that this move generates is very pleasing to see.

On the back of the move of HQ - this company is finally not only backing itself to the hilt now, but showing that confidence to the market.

A pivotal day for me.

Well done Avacta.

From whichever angle you look at this mess, the board are culpable and have obviously made huge mistakes.

Their last raise should have been enough to win the contracts they are going after now.

Either:

They are wasting money hand over fist in areas they are not disclosing
They totally misread the marketplace and severely underestimated the cost of winning the contracts they are hunting
Their contract negotiation skills are terrible and they cannot argue for a good deal for MOS and it's shareholders
They are lying scumbags

Take your pick. Liars or just crap at their job?

Either way, They have fk ed up big time here.

When ME told us to get in the car.

I didn't think we would have to pay for all the fuel and repair costs as well.

The man is a true shyster.

Lol Ice,

He wasn't replying to me.

People's minds work in mysterious ways here.

Take the wording to mean what it means. How have we had several different interpretations and at least 2 people reading it as confirmation it works?

Sorry. Ice you are confusing me.

You say that got told it works so hold off taking biopsy data till the max dose.

And yet,

"The presence of Doxorubicin in the tumour tissue is also a key indicator that the proposed mechanism of FAPa-activated release of Doxorubicin is working. This information can only be obtained from tumour biopsies"

So who told them it works and how did they know without biopsy data?

The language used seems clear.

They are confident of gathering biopsy data.

Doesn't mean they will have it. Doesn't mean they wont. Means they are confident of gathering it.

It certainly doesn't mean

"they got told it works already"

Yes Tom, I do take comfort from knowing that.

Thanks for not giving me an emotionally charged send-off and behaving like an adult.

"But I’m confident that they’ve used it very wisely".

That's a big leap of faith Tom.

Avacta has a 13 Year history of NOT using cash wisely. This is why, after all this time, they still go out with their begging bowl for more. They spend it on a scheme that brings in next to nothing in revenue and then, when it fails, convince enough people to hand them more cash again.

The most recent waste of cash, being the Covid LFT, as with every other waste of money in their history, came with a bucketload of ramp from Alistair - for 18 months.

We are all here "hoping" that this time, Avacta has it right and as an investment punt, the numbers stack up. But for anyone to "genuinely" have faith or confidence in the management team is more than a little bit naive - IMO. Given the long history of abject nothingness.

Not sure why you continue to clog the board with this pointless argument.

Lol. This whole board has become nothing more than a pointless argument!

Good grief.

How naive are you?

Jeez maid. They were referring to the lightening strike (BANG!)

Its been a month Maid.

Hardly a "long while"

I wouldn't worry.

This BB has a hard and fast rule.

No news always, always means good news.

Does it Hurst?

How much is Avacta's holding in Affyxell worth today then?

Thanks.