Member Info for Wiggly

My take...

There was a LD under discussion to support phase 2 funding. For whatever reason this deal has dragged on leading Avacta to opt for the placing option.

As has been said, we are now not reliant on LD funds and can negotiate much more strongly.

Aa CEO said, we now move forward at speed

The discounted placing is obviously bad however, the cash in the bank strengthens our position considerably.

Avacta sanctioned the CBO position as they felt it was possible to leverage the clinical data/progress and commercialize the platform. Why recruit the CBO if there was no interested parties? The cash in the bank will ensure we have a strong position when negotiating on the licensing terms.

While it may not feel good today, we do have lots to look forward to during the coming weeks/months and im sure the share price will recover quickly:

License deals

AACR data release

Ava6k progress

US listing

Dx sales / cash injection

Affyxell update

There was a huge amount of money on the sidelines pending this finance update, which I am sure will now flow back.

AS will be under huge pressure now so he will need to urgently pump the share price.....

Avacta opened at 95p.

Any bests that we finish the week higher?

I think its on..

The poor weak hands have really had a terrible time.

Th probability of positive news is far far greater than anything negative.

Very much time to load up

Agree - the tech is blockbuster and I can only see positive news incoming. Would very much welcome a strong II to ensure we are able to see the maximum value

Daylight robbery has taken place!

No reason for such a huge drop and I expect huge rebound from here.

A New sticky II coming onboard is just what we need!! I welcome it and look forward to the news.

At 75p?

Seems we are in the dark again concerning multiple issues with Avacta.

Hey Stevo,

Any analysis on decom liabilities ?

§ Net debt c. $481 million at 31 December 2023; a c. $236 million reduction versus 31 December 2022.

Enq can be debt free by end of 2025 (assuming no more debt via m&a).

The share price will react soon.

This is a great buy (r vs r) opportunity regardless of Labour risk and I'm happy to be massively overweight.

Switch off and come back in 6 months. I think we could easily be double or treble of 13p.

I'm sure he would be buying more at current value if he could.

I suspect he cannot as M&A deals are likely under discussion.

'§ c. $500 million liquidity at 31 December 2023, providing a platform for transformational transactional growth, enhanced by EnQuest's advantaged UK tax position'

Enq 12p!!

Massive disconnect

Great news!

I can sell everything

Who could have guessed that partner announcement would sink the share price to sub 8!

Bloody disaster

Dr Jalal Bagherli, said:

"Nanoco is an important UK based technology and production company, competing in global markets, with very exciting prospects. Its leading edge R&D and installed production capacity, supported by a validated IP portfolio in a fully funded business, form a rare and strong foundation for future growth and value generation. I'm looking forward to bringing my experience to the team".

Dieter May, said:

"I am pleased to be joining such a well resourced and innovative business at this exciting stage in its evolution. Nanoco has the technology and ability to meet the strenuous and large scale demands of some of the world's largest electronics companies as they scale production of devices incorporating cadmium free quantum dot technologies.

For me this is a spectacular find. Seemed too good to be true but I've spent all day looking at all aspects and it's quite unbelievable.

Positioning for the huge divi payout

What's the deal with the dividend?