Member Info for Vanilla

The mcap was down at this level back in 2017 when they got involved in the bracknor funding. They managed to sort out proper funding back then, hopefully they can do it again. They're far more advanced than back then but the availability of funds perhaps a bit trickier. Should hear something by the end of this month on either more CLN's, debt or equity finance. Anyone will do at this stage!

Possibly but I was thinking more on the lines that the approx £500k to £1m share sale whilst at a substantial loss would benefit from around 10% interest, 20% discount on next placing and 10yrs of income from Harley St returning a 150% gain. The funds would contribute towards avo's progress which would hopefully benefit the remaining 15m shares held. Probably pie in the sky but I'm struggling to see why they would sell out now unless some bad news is on it's way but then why would all the directors throw even more money at the project. Difficult one this to fathom and so unexpected considering the technical progress achieved after all these years waiting. They really needed to have something else under their hat like a bunch of orders to surprise the market which seems to have just used this expectation to manipulate and fleece investors. It's made nicholas serandour considering his financial background appear niave in letting them become so exposed to the current funding difficulties. Might be harsh with unexpected world events but that's what they are paid for hopefully he'll earn his money being he's one of the least financially committed directors.

Perhaps they're going to reinvest the funds back into the convertible note facility as the terms on offer provide a much better deal. Probably wishful thinking but nothing would surprise me here at the moment.

Well said IWTO need a bit of positivity here, there are many good reasons to want this to succeed.
I didn't get to the investor day to see the machine but from what you can see on their website if it works as claimed it is difficult to comprehend this share price.
An update on the progress UHB are making and the additional building works at Daresbury for patient treatment would be reassuring.
Maybe the BoD have it all in hand as per the update and are resigned to the fact the the SP on AIM is sometimes an uncontrollable beast.

Fair assessment IWTO and in hindsight correct but I do think the company expected a much higher price and demand for shares following news of 230MeV. In fact if this was listed anywhere but AIM that probably would have been the outcome. Like you I also believe they will secure the funds but with the current sp to keep existing share holders happy will need to be almost on a charitable basis.
If they sort this out coupled with the money they have personally invested perhaps they'll be forgiven for all the previous shenanigans.

It is difficult to fathom what is going on here. Whilst the $16b Siemens paid for Varian is not a direct comparison if you bought avo today for £500m, £100m to complete accreditation, £250m to build 10 machines and sell them to the ever growing pipeline you've not even spent £1b and would be in an incredibly strong position in this market.
I guess we'll find out but hopefully AIM has got this completely wrong and somehow they can sort the funds out to get this finished.

Sorry ignore that wrong board. Yes a placing at these low levels could be on the cards

It's already been said but can't place less than 25p unless there's a consolidation and I can't imagine how that would work with all these warrants and long-term holders in at much higher prices. They need to produce a bit a financial wizardry to keep everyone happy.

I think the only reason this hasn't been taken over is due to the amount of shares purchased by directors around the £1 mark. Be interesting to see what would happen if a bid around 600m came in with all the future finance and resources to get this to market much quicker. This next fundraise will be the last of this kind in my opinion. Once they complete accreditation if they're not flooded with orders and deposits to fund mass commercialisation I don't see any other option but a take over. The only positive I can take from here is that if the machine works as expected one way or another I believe the sp will be worth much more.

Agreed ng I'm sure they have and will gladly sell them all back at over inflated prices at the sniff of good news. Being a lth on aim is not for the faint hearted. How on earth companies successfully raise funds here to develop and grow businesses is a minor miracle. The II's who invest here must receive very reassuring communication to remain invested for the long term gains. The drops on poor news are horrendous, gains on great news never sustained and the the sp climbs without any real news....all a mystery to me but looking forwards to the sales returning to growth.

It would be considering Siemens bought Varian for $16B

Came across the same article last night and several others that highlight the amazing achievement of reaching 230MeV with a LINAC. Just need AIM to come to the same conclusion.

Absolutely and although the directors have been criticised for past mistakes there aren't many aim companies with directors as financially committed as this. Definitely demonstrating leadership and determination to get this done.

That will be another 5m added to the pipeline then! Joking apart it's great to see all these applications that lend themselve to battery free technology. One day I'm sure cpx will be inundated with orders to supply prizmatic supercapacitors by the full container cargo ship load powered by 100's of cpx large cap modules!!

I'm sure a court case win will come with a substantial award however I don't expect securing the payment to be straight forward. Having the IP protected and sales returning to an upwards trend should boost the sp. Unfortunately any uncertainty in obtaining cash from maxwell will allow for MM spikes. Some don't believe they do this but having watched sp movements over many years as a lth I don't see any other explanation. If cpx win sp spikes, MM sell tons of shares at over inflated prices. Uncertain news of receiving payment shortly follows sp gets hammered MM's buy tons of cheap shares to balance the books. If I'd have traded on that basis I'd have done very well and would only be kicking myself if AK actually delivered something. It's as if the MM's have a seperate 2nd line of communication from what we receive as RNS's. Obviously it's a gamble and if a big fat cheque arrives in the post then it's off to the races.

PC01's comments about taking on debt would have been a master stroke considering how things have turned out. You can only assume the BoD had high hopes of closing some deals and then the delay to the Maxwell court case will not have helped. Things look terrible at present but compared to the last time the sp drifted down to these levels cpx have an up and running production capability, an increasing order book supposedly, a ridiculously large pipeline, a greater product portfolio significantly including large cap modules and a first order with very good potential, a court case date getting ever closer and at long last 3v prismatic products. It looks almost certain funds will be required but the good news is that I wouldn't expect a problem in securing the necessary finance. Things are bad but as ever they could become much better don't see the point of selling out especially as cpx are not alone. One day AK just might deliver!

Getting ridiculous maybe Ioxus will buy out cpx with the settlement money they never ended up paying, how ironic that would be.
More seriously the tech sector is taking a bit of a battering and with the last set of poor results it's easy to trash the sp. Hoping for an upturn as communicated by the chairman but I think this will also require some positive news from companies in the wider market sector. Unfortunately this share hasn't gone to plan with profitability timescales but that's not to say it still won't happen in the distant future.

I admire your efforts TD but unfortunately it's the MM's that manipulate the sp and any action group will not influence what they do. Admittedly the news flow from cpx doesn't help and maybe you'll be able to uncover a hidden gem of news that will catch even that lot out.
As you'll know I'm not in your group but hold a significant number of shares so pass on my disapproval of their sales performance in context of a ridiculous pipeline. Also a more transparent communication of how the order book will translate into sales as all we seem to get is an increasing order book and declining sales. Confirmation of what the sales team are actually doing would be nice to know. Until they start to deliver on the numbers we'll be at the mercy of MM manipulation fuelled by the smoke and mirrors numbers they provide. Good luck with your efforts hope it results in a positive outcome for all share holders.

https://mhmembers.com/if-aim-is-a-casino-can-you-beat-the-house/

Someone posted this on another bb. Think it answers the question of why the sp reacted as it did after the 230MeV announcement. I've been a lth but the article highlights how a company like avo provides huge opportunities for traders and MM's to make money. It's really not a stable platform for a project like avo that has had so many obstacles to overcome. Whilst it looks like I've missed out on many chances to trade in and out ultimately if they deliver on this project they will be a huge success in spite of where the current sp is which quite clearly has no relationship to value. I don't know how they will do it but the issue of raising the required funds at the current sp whilst keeping existing holders happy is a conundrum. The non dilutive part of this problem is key and hopefully potential lenders will see value in what they have created to date so that a good chunk can be borrowed paving the way for an equity raise for the remainder at a decent sp.
It's always a possibility that AIM companies like avo could collapse but just because the MM's have driven the sp to what looks like a hopeless situation isn't the determining factor instead what is going on within the company is the real measure. On that basis and at face value what they have built is real and looks worth much more to me so I will patiently wait for the AIM game to correct this situation. Good luck to all that have been here for years it could all go wrong but let's hope the technology wins the day and we get our opportunity to sell comfortably above what we have invested.

Sound advice open shouldn't be needing a miracle though just a bit of good fortune