Member Info for Wisheyedbortum

Hi Max. I have a great respect for your posts and I appreciate what you are saying and certainly don't wish to debate politics on here. My comment was purely made from my perspective and how the result would affect me personally. I have just turned 70 and I know what criteria I am working with, so to me it was a good result.

Just listened to the Directors Talk interview with NR, and it's more or less as per Vox. NR described his aspiration as "to become a global giant" which if realized will make us all pretty well off. Great election result this morning, so I'm looking forward to a very interesting 2020. GLA.

I followed TW for a while and without a shadow of a doubt he knows his stuff, but like all of these paid pundits, they have to keep on coming up with the goods time after time, otherwise they would loose their subscribers. I am not a subscriber to his site so I haven't read his report, but I assume it's not good. However, from what I remember, when he's right, it's an "I told you so" moment, but when He's wrong it goes very quiet and it's a "moving right along" moment. So TW has to keep up the momentum to satisfy his followers and maybe VRS is going to be his bullying victim for the time being, and after all, there's got to be a certain amount of envy towards NR, because if VRS does make the big time, he is going to be seriously rich and that's going to irritate people like TW. I once had an email conversation with Tom Bulford (Red Hot Penny Shares) and he admitted that if there were no companies that looked like good candidates for the RHPS portfolio he would just pick three that might do well so that he had something to print that month and I think that TW does the same, although he tries to destroy them rather than boost them.

Many thanks for the update. Great job.

I was in (IMM). Got very badly burned, but I'm in profit with AGL and Parsortix works so I'm happy. Slowly but surely does it.

In the past, I have found it difficult to trade large numbers of shares electronically, so I suppose you would have to use a broker, which I don't use, so maybe that's one reason that retail investors avoid low value shares.

I've obviously got it wrong then. Perhaps you could explain why consolidations take place.

Perhaps illiquid is the wrong term, but it's easier to sell 500,000 @ 37p than 10,000,000 @1.8p.

My thoughts are that the sp will not rise substantionally at the moment, because I don't think that the big institutions will risk buying a share with such a small value with an election on the way. It has to be said that the liquidity of this share in a fire sale would not be good. However if there was a consolidation of say 20 to 1 making the share price somewhere around 37p, I think that that would be more attractive to investors in general. Personally I hope that the sp climbs to 37p on its own merit. That would give all of us investors a nice few bob, and a bit of a headache for the MMs.

Staggering? Bought a few more anyway.

I keep hearing about this company and at first I thought it was just a fad, but the whole idea of growing meat instead of killing animals appears to be gaining traction. It's been described as a "no brainer," so methinks it's time to take a serious look.

I vaguely remember the last FDA approval attempt and I remember someone saying that the FDA wouldn't allow parsortix through because an American company had been trying for 11 years to achieve what AGL had perfected, but had yet to succeed. As I understand it, you have to employ a company with an excellent track record to present your product to the FDA for approval as was the case with IQAI just recently.

To my mind, it keeps dropping because nobody is buying Avacta shares, and they are not buying because there are no timelines for therapeutics or diagnostics payments. Having to raise money by placings is not doing the SP much good either. I too have been invested here for a long time although I have reduced my holding to a fraction of what it was, never the less, I am keeping a close eye progress because in time this will be huge or taken over.

From my point of view, I see Avacta as an ideal company to trade. The recent agreement with ADC Therapeutics is valued at around say, £300mil, that's a potential total of £680 mil of future earnings, but there is no timeline for these payments so receipts will be sporadic. Next year is said to be "exciting" as far as new contracts for Diagnostics goes, so we will expect a number of announcements which hopefully will create spikes, and then on to phase 1 clinical trials which should also create interest over a few years. I would consider buying in with a reasonable holding in the new year with the hope of building a good amount of cash over the next 4-5 years.

I don’t think you are wrong this time. If Affimers do what it says on the tin then it will be huge, but I also think that a T/O would be almost a certainty.

GB talked about attracting the bigger investment houses which would probably mean a consolidation at some point, unless of course the sp made such progress that this was deemed unnecessary, which I hope will be the case.

This kind of rise has only happened to me three times. First was Rockhopper, second VRS and now IQAI. If SKIN does the same thing, my smile will be visible from space. GL all.

After losing a shed load of money in my penny shares stupidity days, I vowed never to buy penny shares ever again. A decision that has seen my fortunes regain some of their former glory, however, I have broken my golden rule having studied SKIN for some time and decided that this may well be the exception to that rule. What an amazing company and what an amazing product. So I’ve topped up to 200k today which is all I dare syphon away from my other major holdings. So good luck everyone, let’s hope that this really is the exceptional company that it seems.

Massive disappointment. Still no China agreement, still no revenue. I wouldn’t be surprised if the sp tanked.

Yes. I have decided to hold all my present shares because I don't need the money right now and at some point I have to trust my research and judgement. However, I see a bit of a rough ride ahead, and although I could just sell up and buy the max in premium bonds which would be far less stressfull, where's the fun in that?