Member Info for russell1

Didn't change the Bid and Offer prices of 67p and 70p.

And well done, as if I remember correctly, you predicted it yesterday (before it actually happened!).

Can somebody explain why the SP has dropped so much in the last few days as I see no logical reason at all why it should. I could see it going down a couple of pence because of the Iran situation although a biotech share should be impacted little by that and I could see the SP not increasing until news is nearer but the amount the SP has gone down is ridiculous IMO.

I hope your feeling correct because I need Avacta to reach £2.50 just to make up my losses!

Nearer 65p than 75p.

There's an awful lot of competition for that prize!

Never does. Even when it goes up it doesn't take too long before it comes down again!

'Sold it last week for he1 so its worked out ok.'

Don't believe that for a second.

'I think there is still time for AVCT. best guess there are a few weeks left before new news.'

That applied when you said you bought it so completely inconsistent.

Thanks DG. I decided to stay with HL for now.

Thanks for the helpful replies.

Does anybody hold their Avacta shares with Trading 212? If so, is it easy to deal and are the prices comparable to other platforms. I use HL but am thinking about moving away.

The latest RNS has increased volume significantly but, although the share price has improved, it is still well below the year's high. Looking at the high volume of sales it's obvious that many traders are selling and taking their profits which is normal. However, this RNS has finally convinced me that Avacta is a near certainty to be winner so I can't understand why big biotech funds and investment trusts haven't started to add this company to their portfolios. If they had the price would have increased much more.

Well I'm not prepared to add any more money to my current loss situation so my only decision is whether to sell a proportion of my holding and hope I can buy back at a lower price if we (ever) get some worthwhile news or just leave it and hope! My expectation is that the price will just drift down until any news arrives but I have no expectation that this company will ever meet any of its reported deadlines.

Only 6 years for me although for the amount I'm losing I wish I'd never heard of Avacta.

Of course they're happy! Unlike us they're guaranteed to make money!!

Whether his view is correct or not, I guess most people are just fed up seeing all his posts which say the same thing time after time!

No cautious investor would ever buy shares in a small biotech company.

Right Wyn. I happen to agree with a lot of your caution on this share but your predictions do not tie up with your actions which are always disclosed after the fact! So let's see how good you are.

I am holding Avacta shares I last bought at nearly 61p. They ended today at 57p so I am losing money. As you expect the shares could down as low as 43p (a large drop) but, possibly might only go down to 54p (not much further) what would you do. Sell everything and wait for a point in the future when funding occurs, sell and buy back getting more shares but at a lower holding value or just keep the shares?

Freddie. Please come back and tell me about the large institutional buying when the share price starts going up instead of down! Until then I probably won't believe you!

Much more likely to be 60 or 61 after the usual end of day drop!