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Clearly the Board don’t agree - putting a combined lousy £65 grand (!!!!!!!!) in to the placing. Hardly a sign of confidence. This is now purely a traders stock for a few months. I predict it will hit 40p at some point in March. Then back to 50p. Of course most will ignore this (again!)

I was originally thinking of just buying at the placing price but I now think this undershoots. The 2022 low is 40 pence. No doubt it will test that at some point soon. 40p to 50p - that's the trade. This is now in the hands of Traders, dreamers

WOW 65 whole thousand pounds - the Board really believe in the project. Unfortunately, this is following in the same footsteps as 4D Pharma. The BOND financing is really worrysome now. I think this goes to 45p tomorrow at some point.

SHOCKER. It's so bad, its even putting me off my post placing trading idea....

So the RNS evidences that the current cash figure of £18m was total nonsense. It's more like £12 (i.e. a few months).

The bond terms look very worrying to me. They will keep getting converted at 10% WVAP discounted until fully repaid....

How is the company ever going to get rid of the death spiral bonds without a huge further discounted dilution.

I predict this will fall below 50p tomorrow.

SHOCKER but clearly signposted for the non-morons

Who's the clown now?

That's right. Bury. Head. Sand.

They are almost out of cash! Look at the bloody accounts! McPumpy even admits the run way is only to mid 2024

That guy is way too invested in AVCT - worrying. You should never invest more than 10% of your portfolio in one stock and especially a hope hype loss maker like this!

Frankly, you're a fool then

Zinc - I’m being a parody bull now. All sensible factual posts just get deleted. Buy - AVCT is going to £6

Avacta is a clear buy. The share price action demonstrates that a big commercial deal is about to be announced. Also, the cash position is very healthy and the company doesn’t need any further immediate funding. Its balance sheet is strong and has a clear path to huge profits.

I am looking to buy in for a trade at the right price. I also like the company and its aims but I look at stocks dispassionately. I’m also surprised that people can’t see the basic facts of what is happening here. I find it intriguing- hence a little flurry of posting

I think if the share price falls over 20% on no news the Nomad requires the company to announce whether it knows any reason for the fall. Could be triggered today? Either way, the company needs to clarify where the cash is coming from… this is poor form to let the market speculate a placing is coming… unfortunately, all too common for loss making cash burners on AIM

And unfortunately based on the share price movement alone, I suspect that a placing has been leaked somehow. There is huge volume being sold at lower and lower prices. Disgusting really but it is what it is

Apologies to current shareholders but a clear path is to wait for the funding announcement, wait for McPumpy to rile up his merry band and then buy in for the inevitable hype drive. If there is a Hail Mary deal, then you miss out but the likelihood based on current share price action is there isn’t… AIM is unfortunately terrible for leaks…

Agreed. Currently AVCT is uninvestable given its dire balance sheet. Remove funding worries and then you can treat it as a safer hope hype potential stock. A wonderful traders stock

McPumpy thinks it’s mid summer the cash runs out, chief

I managed to get some borrow to short AVCT on IG a while ago (at 117p) but haven’t been able to for ages.

Better trading play is to wait for placing announcement and then buy in once the hype cycle starts up again. 70p to £1 should be doable

Even says it himself that cash runway is almost up:

https://x.com/mylesmcnulty/status/1664163752759918593?s=46

As I’ve said many times (and I really don’t know why people keep ignoring the basic financial facts), the company is very nearly out of cash. The audit will be ongoing and flagging a material uncertainty in the accounts.

If you don’t think there is a placing coming imminently, you are deluding yourself. Look at the accounts. A significant placing will be good for the company. But you’ll be able to buy in a good 10-15% lower than current SP.