Member Info for Wisheyedbortum

I am led to believe that the finals come out on this date so I'm thinking that although 2010 won't look that rosy, maybe AX-1 is selling well, which added to the recent excellent news flow will give Avacta the kind of recognition it deserves in the investment world. The sp will be the tell tale sign if the news is to be good and the next few days could be the last opportunity to top up at this price. Still hoping for 5p by Christmas, or more, if the optimists among us are right.

Almost all of my trading account is blue today and most of the markets are showing blue including the FTSE 100 which is up by 72points, so that could be the reason, just a bit of confidence. Luckily I topped up on Friday.

I once questioned a similar huge trade on another share and I was told that it was a transfer rather than a buy. I didn't understand it then and I don't now but it seems to coincide with Barry Porter stepping down. It would be nice if it was a buy! I'm still pondering a top up but it's still thin ice out there.

Thanks for the report enegyface, very interesting and encouraging. Good opportunity to buy top up.

Thanks for that mw. Perhaps the not so good figures on the 18th will be counteracted by a buoyant Chairman's report so that the sp doesn't take too much of a dive. I do however think that if good news keeps coming and the interims paint a better picture, we could still have 5p by Christmas.GLA.

Thanks for the link. Brilliant news. The price drop may mean that the MMs have some big orders to fill. Good steady growth from now on. If you need some short term growth try BEM AYM and RRL. GL.

I wouldn't be holding 1.8mil of these shares if I didn't think that Avacta had tremendous potential. The point I was trying to make was that AIM shares are all about speculation. The likes of AYM and PMG have both risen quite considerably on pure speculation, especially PMG which rose from around 5p to 31p just because Tom Cross took the helm. And yet with all the recent good news coming from Avacta, it has gone nowhere and I believe this is so because, on the face of it, there is very little potential apparent to the general investor. Only those with indepth knowledge would appreciate where this company is going. Avacta is still, as far as we know, a loss making company. None of the distributors have made any significant sales although we are given to understand that there are a number of good leads. We do not know how well AX-1 is selling and there was a recent cash call, thankfully snapped up, which could be construed as a bad sign. Sometimes you have to take off the rose tinted glasses and take a realistic view of how other investors might view this company before you decide that the sp will explode. I don't think that it will. I will be pleased with 5p by the end of 2011. No disrespect to you Guys, but that's how I see the situation.

This is the great thing about AIM shares, it's all about speculation. I first bought AYM at 5.1p Aug 2009. they are now around 70p and yet not a single tonne of iron ore has been mined, but the potential is there. With AVCT, on the face of it, there is very little potential. It utilises a little known technology, AX-1 is an unknown quantity and very few investors take the trouble to delve into the Avacta group as a whole to realise what is going on back there. There are no certainties in this world and I do not have a crystal ball, but I firmly believe that AVCT is a very good investment, but it is a long term investment. The problems in the Middle East are not helping matters at the moment, but may offer a good opportunity to top up as long as the whole lot doesn't collapse. GLA.

That's good advice NR, the price is retracing now. As I've posted before, this sp will go nowhere until some good sales figures are released. Patience is required here, but it will be rewarded.

It shows you what an intelligent company this is in taking advice on the way forward with its manufacturing base. A lot of companies would have taken the "We know best" attitude, but not AVCT. I topped up today on the strength of this latest news and feel even more confident that 5p is achievable by Christmas.

I understand you're frustration mike, but realistically appointing a distributor in China doesn't mean a great deal. Likewise when a US distributor is appointed the sp may rise a bit but it will probably sink back to what it is now. AVCT is way below the radar and any new investor would probably take one look and move on. Avacta, as far as we know, is still a loss making company and it will be sales and profit that will affect the sp in the future. I have been into AVCT since August '09 and have researched it in some depth and my post of some months ago described the company as going to do well when it gets it's act together, which has now happened. The Avacta SP will not go ballistic but it will rise steadily with the occasional blip on news. The important thing to remember is, that with a share price of just over a penny, you could afford to buy many thousands of them for very little money, so my advice would be to stock up then sit back and be patient,

I am probably responsible for dragging this BB gutterward for which I apologize. As far as I am concerned that's the end of the matter.

Thanke enegyface, that's exactly the answer I was expecting. Now perhaps you would like to enlighten this board with your up to date personal opinion in, your own words, where Avacta stands at this very moment and what news you are hoping for in the next few weeks. For those who are new to this share, you can find a wealth of information on the Avacta website and if you follow the links and postings on this BB and the iii BB you will find all the information you could possibly need to make an informed decision about this investment. So if you stay on this BB, enegyface is just about to bring us all right up to date with his expert knowledge, aren't you enegyface.

-and tell this board what questions you intend to ask the CEO of Avacta.

By all means carry on spouting your out of date, copied, rubbish if it makes you feel important, and that's my last word.

So you think that "latest valuation-xcap-July 2010" is useful research? You're a joke.

I think that if I was going to shell out £90k on shares in Avacta I would at least be up to date with the company's progress and considering that the original date for the launch of Midas was April 2010 your info is more than a year out of date. Still, congratulations on agreeing with cospoto, with a massive 2 posts under his belt. Do you think that the "Penny" will still be in existance in 2020?

That's wierd, I thought Midas was already launched under the product name of AX-1. Is this a new Midas?

It's great to see Avacta moving up at last after watching and waiting for 18 months. I am hoping for 4p-5p by the end of 2011 or more if Optim and AX-1 go world wide. GLA.

Thanks for that M, I find this very encouraging but it does give an indication of how slowly this share will grow. I hold 1.25 mil of these in various funds and have no intention of moving them around. I haven't spent a huge amount of money on them so I am happy to wait, I have plenty more potentially lucrative shares on the go so AVCT is bottom drawer for now.