Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think it is quiet because,
1/ As AgentB says, people are happy after the vox interview and just waiting.
2/ The derampers have given it a rest, it seems a large portion was taken up with arguing and name calling.
I prefer it like this, less to read through, and hopefully only pertinent info or theories posted.
This happened to me with my Green King shares. I can't remember the figures, but there was an offer for takeover that equalled almost double the share price. The share price quickly rose, as others have noted, it depends on supply and demand, and the perceived chance of the offer being accepted.
The offer was then voted on by the shareholders, in that case, it was accepted, and my shares were bought of me for the offer price.
Hope that helps.
wyndrum, thanks for the nice reply, I totally agree. spread betting indices should be easy, the price can only do two things right? as it seem you know, it is the devils work!
We learn all the time don't we. I love this stock and it's the biggest in my portfolio, and as well as learning a bit about chemistry and biology, I have learned from reading this bb, that AIM market makers can make such a difference to the "price". I normally only trade FTES250, and the bigger volumes seems to smooth the fluctuations more than in this rodeo!
@wyndrum
Hi, just catching up on messages and noted your post about the share price technicals. While none of us have a crystal ball, so while I'm not disputing your methods, I wanted to share my thoughts for the interest of other investors, so please don't take this as a personal reply.
Many years ago I got involved in spread betting on on of the many platforms available. Forex was my thing but charts are charts right? The price can only go up or down (or stay the same, to some degree). Needless to say, I lost sizable money, as the vast majority do.
I would have done better by automating instead of real time trading, but that's another story. My point is, I went down the technicals of charting rabbit hole, along with trying to note the fundamentals, after some breaking news upset the apple cart on a deal I was up on.
So my point is, it can be alluring to see patterns from the charts past, and project them onto the future, and can work, I'm not disputing that, particularly if lots of others are trading with the same mindset, as that will reinforce any trends.
But, shares are not just a price that has input from EMA's, support and resistance, etc, they are also moved by events (fundamentals). My thinking is this stock is particularly susceptible to news, (i.e. RNS's, rumours).
So while I am not disputing your technical analysis, with AVCT, I feel PI's should look more to the fundimentals.
I listened to this earlier, I find JV can't help showing his own opinions, but anyway, my analysis was that he seemed to think a vaccine passport might be the way to go, in fairness, this was the discussion topic.
One of the guests, did mention mass LFT testing before hand, but this was largely ignored or seen as impractical, I can't remember.
As others have noted on this BB, the message from Gov, and MSM, seems to be "get vaccinated". It could be they don't want to let the "ready, test go" gain traction until they have as good a take up of vaccines as they can get, also, could be waiting for manufacturing numbers to be ready before the message is changed.
I am a lot happier holding AVCT after the recent RNS's, and that great interview. I have even persuaded the adored to spend some of her hard earned, so if this drops, the stock is the only thing I will b*lls deep in!!
Thanks Timster, that makes sense now, they seem concerned about numbers (2million) and their competition would be other manufacturers then.
I remember the tweet (possible leak) from their employee, and that makes more sense now you have explained their role in LFT's ??
I had a look on the ODX board the other day, they seem to think they will be the "sovereign test".
Is that why AS mentioned Europe? But I read the opinions here that us and Mologics own are the only two in the frame for the UK test.
Can anyone sum up why ODX holders are excited?
I agree, I piled in 1st thing, thinking we would be back above 150-160. It could be too much crying wolf, but I'm inclined to think the wider would outside the BB's haven't heard of us, ODX seem to have stolen our thunder too, up a third!
I expect this will be a slow burner, but will take off soon, anyway, like most here it seems, I'm in for the longer haul, glad I was able to max out my available cash at a reasonable price.
Roll on March/April!
@ Merchant Banker and others,
Now the LFT seems to be definitely coming, I like others here have been hoping we get a slice of the 900 million odd UK gov contract, then it hit me, the RNS mentioned teaming up in part to produce for low and middle income Countries.
Someone has already posted this link from Mologics site,
https://wellcome.org/grant-funding/guidance/low-and-middle-income-countries
So I did a quick search,
https://www.worldometers.info/world-population/population-by-country/
Started adding up potential customers in my head, I got through A's and B's, and got to half a billion before I got to China! (1.4B), anyway, roughly just short of 6 Billion people in that list.
So MB, I agree AVCT might only make a few (hopefully 10's) of pence per test, but this could be a "pile them high, sell them cheap" money maker. Don't forget, there was the RNS mentioning a far east manufacturer as well.
I remember people here saying we will sell all we can make, I can see this being the case.
Well this is the RNS I have been waiting for. OK, could have been even better, (Confirmation of UK gov contract, tests being made and on sale next month etc)
But as I read it, with Mologics help, we will be in the market by April, and worldwide!
I have just thrown the kitchen sink at it, and was happy to get in at 139, I expected it to race to 150's, and be £2 once the news breaks to the general public who haven't heard of Awacta!
Boris was on Andrew Marr this morning and mentioned lateral flow tests, twice because he got interrupted!
Like all (holders) on here, I am hoping the gov are seeing how well Avacta's LFT's are looking, and are eager. Of course it could be they are buying the Chinese ones and are happy!
I hope this is good for Avacta, in that the government are really getting behind LFTs.
However, as the price drop this morning shows, most in the market are seeing it as a sign Aptamer group are winning the race for LFTs for the UK gov. Do I understand correctly, (anyone?), we are doing our own validation?