This relentless drop make you wonder if Avacta are on the cusp of a revolutionary chemo delivery why is the market totally ignoring the science, At this rate the company will be worthless and we’ll all be skint.
The company is in the wrong business it go into the wallpaper printing with the amount of paper it issues , Time the plug was pulled it’s a dead duck .
Just when you think it cant get any worse it does MDV has done nothing to enhance shareholder value She’s Nick reed 2 useless,Looking to May a divi cut is on the cards then the SP will really tank or not is anybody’s guess. But at the present price it’s got to be an opportunity I think.
Has anybody factored in the possibility that trial could fail it would see the end of Avacta its the AIM anything could happen, BP would at have negotiated a deal subject to approvals but no there not interested .Fiona walking poses questions that need answering i though AS promised better coms but silence is not golden.
I remember when the market cap was around 65/70 billion and share price was north of £2 ,What a spectacular fall due to mismanagement useless CEOs no chance of a takeover to much debt,
Seems like BP aren’t interested in what Avacta is trialling makes you question the long term viability,The SP is tanking nothing to stop the rot sub £ on the way.
Share is going sub £1 nothing to prop it up AS has said he’s not worried about refinancing more fool him ,With 3million shares a quarter dumped on the market for the next 4 years without a commercial tie up is going to keep depressing the SP. Never mid the it’ll be £20 a share ill settle for £2and be glad to get out.
Obviously a divi cut is on the card 1 has she got the balls to cut it 2 what will the SP fall to , I am deep underwater here but the divi had been a lifesaver am tempted to buy just for divi and any SP improvement. I remember buying and selll around the £2 mark happy days .
Anybody hazard a guess where the bottom is I thought Wednesday we were going to the promised land , Instead we we are in the desert to say it’s a disappointment is an understatement.So many false dawns and here we are plumbing the depths again will this ever pay off.
Well the SP is doing the exact opposite of what was expected down 9.5 , I think if Avacta announced a complete cure for all cancers it would still tank. Maybe a move from the AIM is the answer.