RE: Vesicant - look it up28 Jul 2024 09:30
Runner
I’m not embarrassed by this although it is an indication of my misplaced trust in what Avacta were telling us. It was posted in Feb 23 and I expected to double or treble my investment by the end of the year - 10 months on. And that was because we were told P1a would be over and no need for P1b. I was greeted with hoots of derision and yet here we are nearly 18 months later and P1a still hasn’t finished. And you wonder why I am cautious. I certainly was wrong about LSE and NASDAQ but certainly my positive view of Avacta at that time wasn’t rampy enough for me to join Pom Pom girls.
Regarding my view now: I do expect to be able to sell eventually for £3 to £5 but that is probably another 18 months off.
Thank you for reminding me that I was more positive about Avacta then (and probably life in general!) but a lot has happened, or not happened, in the last 18 months.