RE: unbelievable11 Jun 2020 17:12
Peeps know I am bullish on AVCT and that I did sell 20% at a tad under £2 to buy my car. Still got my core holding though but for balance I feel for investors that have bought in +160.
Once you see your holdings down 20%,
dilution at 120 having just raised,
expectations that the LFD news would be out end of May or beginning of June,
news of more delays,
then the reality that nothing is a slam dunk,
you gotta appreciate that that drives emotion and feeds back into the SP.
It’s a piece of cake holding, averaging up trading a little with an average below a quid but if your at 160 the mind plays as there is no buffer.
What if it goes below the placing price?
what if more delays?
what if Sona steal the March.
Sure curing cancer and ‘world hunger’ is all very good but for now that only adds to the sp if the LFD is on track else it’s just dilutive and futures. Many would buy that story later.
I get DYOR, patience, this is AIM, there’s always delays etc but....
most of these SP moves are driven by human emotions, not MM’s not tree shakes.
Trying to grasp both sides of the trade, why people sell as well as buy is an often overlooked facet of investing. Understanding the sell side is often of more value than understanding why folk are buying.
Here we have a phase of uncertainty and delay and the SP that is being sold into to take profit or balance losses and that volatility will continue until the LFD is in the bag.
More news on Affimer cancer use, B2B deals or BAMS technology deals will probably just result in a short term rise. It’s all about LFD now and the big money is waiting for than news even if it means paying a £2.50 opening price for it. Only then will the rest of the value kick in.
Just my take.
Trek