Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Seen loads of 100-200ks+ delayed printed during the day, but first time seen 2 big ones out of hours on the timestamp, and its not a spread bet one as the 17:09 is the spreadbet at 88k
200k shares at 16:40 at 141.75
100k shares at 16:45 at 140
Jimboooo anyone can make any company look amazing or awful.
If I said to you look at how NCYT have fallen from their highs on April 14th at 500p, when Avacta were at 60p that day who have since more than doubled in their share price. What company would you say was the better investment at the time?
Its all about perception.
My perception is that we know our test works, as its in the clinical validation stage by CONDOR. Only the best tests make it to CONDOR, and im convinced Avacta will sell every test they can possible make.
Theres plenty of room for dozens of companies to each have a big slice of this pie. No one company can take the market, so the best of luck to you in NCYT, but Avacta will also have its day. Be happy for those invested in either stock, as both will do well.
Follow the money!
180k buy at 145p
Haven't seen this many large delayed trades published in a long time (showing as sells on LSE but are buys). News is brewing. Hope everyone has built their position.
GLA!
SNG had their day and fully deserve it, will see it go from strength to strength considering how low the market cap is against the projected revenues in the billions.
Many in there sold out because they lacked patience and ended up buying in much higher. Just proves you have to have patience in this market, Avactas day will come very soon! We know we have a test, its being optimised to make it as best as possible.
Think its very positive anyway as its bringing more money back into the Covid stocks, and when people take their profits from there, they'll be reinvesting into the market.
Fauci said on the 13th that there were game changing tests coming to the market next week from the commercial sector, haven't heard anything from anybody yet...
Alastair said would be 2 weeks, 2 weeks ago...
The wait goes on, but news has to be imminent over the next few sessions.
Think we have to consider that the market cap is so low, the upside is still massive from here. 1 billion market cap isnt unrealistic shorter term considering $2-3 billion revenue this year is the estimate from the brokers. So thats 3.5x the current share price at least. Add in COPD and you're talking much more.
Think its important to slice taking some profit, but equally this is only the start of the journey for SNG.
Echo your words
Amazon has grown more than 100,000% since it listed but along the way investors have seen it fall 95% once, over 50% six times, 15% one-hundred times and 6% in a day, nearly two-hundred times.
Chances are, you gave up thinking Amazon was a winner the first time it halved your money.
https://www.telegraph.co.uk/news/2020/07/16/coronavirus-tests-halted-safety-fears-matt-han****-make-statement/
Boris Johnson has promised to do “absolutely everything in our power” to prevent a second wave of coronavirus, amid warnings that the coming winter could make the pandemic as deadly as the Spanish flu.
Testing capacity is expected to be “massively” scaled up to cover checks to everyone with a cough or fever as winter bugs circulate, while ministers hope to give flu jabs to everyone over 50.
The NHS is also pressing the Treasury to carry on paying to use private hospitals that were taken over at the height of the pandemic, meaning that Mr Johnson will be under pressure to find billions of pounds more to make good his promise yesterday of “taking every reasonable step” to prepare.People will be encouraged to phone before going to A&E departments to reduce demand and prevent social distancing collapsing in overcrowded units.
The US government’s top virus expert has warned that coronavirus could prove as serious as the Spanish flu, which infected about a third of the world’s population between 1918 and 1920. Anthony Fauci said that doctors “can’t deny the fact” that coronavirus could reach such levels, saying: “If you look at the magnitude of the 1918 pandemic, where anywhere from 50 to 75 to 100 million people globally died, that was the mother of all pandemics and truly historic.”
Dr Fauci, director of the National Institute of Allergy and Infectious Diseases, told a virtual Georgetown University event: “I hope we don’t even approach that, but it does have the makings of the possibility of approaching that, in seriousness.”
Dr Robert Redfield, the chief of the Centres for Disease Control and Prevention (CDC), America’s main public health agency, was similarly pessimistic, suggesting that the outbreak could last at least another year. “I am worried,” he told the Journal of the American Medical Association.“I do think the fall and the winter of 2020 and 2021 are probably going to be one of the most difficult times that we’ve experienced in American public health.”
He said that having both coronavirus and the flu “hitting us at the same time” had “the potential to stress our health system”.https://www.thetimes.co.uk/edition/news/winter-is-coming-with-warning-of-up-to-120-000-extra-deaths-35q53hfvc
Relisten to Fauci speak last night:
"We had a task force meeting yesterday and we heard that the kind of test from the commercial sector that would be, readily available, is really very, very close right now, very close... It is very likely we will have that within the next week or so"
Avacta and SONA will take the market, and both won't be able to meet the demand that is required.
As always, patience is required, just look at other stocks who are having a big rerate at the moment who are still undervalued, TILS, ORPH etc. Avacta will have its day, just hold tight, and top up on the dips!
GLA.
Rerating definitely started to happen now, was a 500k trade at 12.591 earlier, looking like a worked buy.
Hopefully we can clear the final bits of any seller then a good RNS would push us through easily.
GLA, patience will be rewarded as always!
Looking really good again, JBER taken out again, this time shifted up to 13p, moving really nicely and a lot of good buying volume too.
Yes and no.
Link were previously in for the long haul - yes.
Acacia acquired them, and sold heavily to meet payments across Orph and all other stocks who are still suffering, SNG, 4D etc.
Orph weren't aware of why they were dumping in the open market and didnt know prior until recently where they spoke to their broker what was happening and were informed that JBER were still dripping shares into the market.
Since they were then notified, Cathal has phoned them up to try and soak up the last remaining shares and have someone willing to take all their last remaining stock at a price above the current SP. However JBER still want to drip the shares into the market for whatever reason
Evening,
One thing I would say about the valuation of 100-200m was that he was asked directly about the value of flu-v of which he replied 100-200m and not the 1billion valuation it was given.
Throw in AGS-v, PrepBio, immune modulator, you soon start adding significant numbers and closer to that 500m that he goes on about selling imutex for.
One key thing here for me is that hes saying that they have investors willing to take the entire remaining acacia stock above the current market price, and once the selling is finished he expects a rerate which he keeps saying about.
Could this buyer whos willing to take the stake help cause the rerate upwards, as he keeps pointing back to what happened to when the last legacy shareholder sold out and we rerated...
Very good conference call then this morning, certainly sounded like a few unexpected things to come our way shortly. Made a final top up earlier, and now to sit on the hands for a few months and see it grow
Wont be Avacta as they're doing antigen tests. However I have to strongly disagree with you there Sogamla about it being overvalued. If you skim the surface many would come to that assumption, however the more you research, you will realise that the cancer therapy will absolutely dwarf the Covid plays, and the Covid side will be transformational given BAMS, LFT, neutralising therapy (similar to a vaccine) etc.
Very similar to those who look at Orph and don't realise all the assets we have that are off balance with imutex etc.
Institutions loading up while the weak sell, seen about 600k in big block buys already this morning. Also a good thing that shares going into more sticky hands.
Follow the money.
Deramp crew out in full force tonight because they want a lower entry tomorrow morning.
Suggest everyone watch the presentation, and you won't be selling, you'll be topping up.
DYOR, trust your research and ignore the bs noise.