Committed to adding shareholder value don’t t make me laugh its a basket case , I remember when it was 180 my average is unreachable just get it sold then we can all move on.
The buy backs are helping Vod with the reduction in Dividend payments, But aren’t helping the shareholders with an improved SP. Another drop coming going ex Div.
So we’re actively looking for partners what has Bennett done to justify his salary , You would think companies want to partner with Avacta but its not happening WHY.
Down again what a disappointment where is the bottom from highs of over 240p although a long time ago ,I used to make good money trading I’m well down 120 average . But had years of Divis have mitigated my losses.
I had high hopes for this share but these drops are a worry was expecting to be in profit by now average 12p , Can’t wait for jam tomorrow will bail soon and move on .
60 Million Payments 12 million a year for 5 years plus interest,Deal of the decade for the lender not so good for AVACTA .Another 3+ years of payments every quarter need to get DX sold and pay this milestone off.
What a disaster this loan is why the board thought this was a good deal is beyond me, CC is being economical with the truth she said indicative offers had been received for the DX division so why pay in shares if a deal is imminent.Just get the bloody thing sold and take the loss.