Member Info for wyndrum

Maybe... but maybe not.

The close price last night went down to the support of 10.5p.

If it closes below that then 9.5p would be next.

However, if it closes above 10.5p today then it suggests more rises likely than falls.

So, lets wait and see where it closes today before expecting further falls. (imo dyor etc)

Just seen it.

Wow, she came across as VERY relieved and happy to me.

I thought the relief was palpable, but at the same time you could see that a real roadblock had been removed and clearly this asset (which struck me at the time of the RNS), is going to feature very strongly in raising money in the near future, without needing to raise money as often or as much.

In the great scheme of things this means little. "Hold the front page, drilling company gets to use a drill...."

The importance has increased as time has passed.

The best bit to me now, is the timescales. The coming weeks will at last define this company and lets just hope that for once, the wait pays off.

GLA

Thats a fair point LG, but TA is all about playing the odds rather than looking for the long shot.

So for the sake of this discussion: If the RSI goes to 80 or above, then yes, it (the SP) could go further up but the odds say it won't. So do you bet that it will continue up or play it safe?

Its all about crowd psychology.

As usual the comments were made to deliberately mis -interpret my observation of PL's remark which was:

"there’s no way at all they knew how it would behave in humans"

There was NO WAY AT ALL they knew how it would behave in humans.

No way at all.....

So lets do it on mice because? Why? any similarity on human biology that could be helpful?

And then having done the research, and then, the mice trial they think... well, after all that we have no idea how this will work in humans so lets just do it and keep our fingers crossed?

It was a typical stupid remark by PL to try and belittle another poster.

You think you are all so clever and yet constantly you prove the opposite.

Quite remarkable.

" there’s no way at all they knew how it would behave in human - that’s the purpose of the trial. "

yeah right..

They just randomly picked mice and then hoped it might work in humans too..

good grief....

So, a close at 7.8 breaks the previous resistance at 7.55p next stop to challenge is the double top in Nov/Dec at 8.5p.

There is a separate indicator called the RSI and once it hits anywhere above 70 then a fall is more likely than not. (Personally I work on 80 as that is more reliable as a sell point) Currently it is at 68.85 so getting close to being over bought.

Given the SP always has 2 options then I think it will either retrace to tomorrow to 7.55p or thereabouts or will test the 8.5p level.

As a rule, traders will buy/sell when certain conditions are met. But when the price enters this area (ie in between a support price and a resistance price) due to it now being in a trading range, neither option makes me want to buy or sell right now at this price.

So good news that 7.55p has been broken. onwards (and at some stage) upwards

If you don't want me to repeat myself why do you keep asking the same question?

You seem to want to ignore the market and what they want from their investment rather than acknowledging that is not just about the science.

You either think the market (AIM, FTSE100 whatever) , is benign and its just a place to exchange stock or you accept where money is involved lots of other factors come into play to get the "best" price and to to try and get the better of the buyer/seller.

FWIW,I think its a shark infested pool.

Hers a few: Are there any pharma's that have drugs that mitigate the side effects of chemo? If so how do you think they feel about a AVCT. They can't stop it but would they want to delay it coming to market?

Would it suit potential large buyers to get in at the lowest price rather than say 200p per share? If they know that a raise MIGHT or LIKELY be on the cards they will wait. The longer the cash burn goes on the bigger the raise, the bigger the dilution. That would suit them.

AS has already acknowledged that the stock is already valued so highly that it makes it hard(er) for the potential buyers to get the return they want. In other words, right now in their view, the risk reward is not particularly favourable.

What the market does not care about, is the patients AVCT or its employees. It does not even care about the science presently.

Its not actually a mystery at all as to why the SP is rooted down here at these levels. However, the one reason you can rule out is the fact its on AIM.

Oh, for goodness sake!

The sp's movement (or lack of) is not being driven because its on AIM!

Share's (even in minnows) routinely move by large amounts on AIM.

The lack of interest is nothing at all to do with AIM.

Ah Coco, hate to break it to you but the majority of Traders will only now be getting on Board.

(Its always assumed that Traders only ever sell without the acknowledgement that they had to buy in the first place. As a result they get a bad press from this flawed logic as being the only reason SP's ever fall)

:0))

Energy, rather than make a silly jibe, why not accept that AS has been contradictory in his recent statements about what was expected to be achieved and by when.

He talks of deals now, but he also mentioned Inking deals during the LFT, as I recall.

I just think hanging on AS's every word is not a reliable indication of what is likely to come to pass.

(Certainly the trial will take as long as it takes, but as obvious statements go that is about as banal as it gets and is of no help to anyone.)

(Also I am not remotely angry. Just more stupid remarks that some want to jump on to make an equally stupid and inaccurate post.)

Thanks Thompi, for taking the time to post that.

The problem I have is that AS moves about a bit when he talks. So now (on what they both said) they don't know what the right does is even now, for P1b. Ok fair enough.

So why did he say DE4 would be it and therefore P1b would start soon afterwards? He would have known by then in the autumn that an optimal dose was not yet known. Why was a critical need for MTD an "unexpected" surprise only a few months ago?

It looks to me that the goalposts have been moved quite a bit from only a few months ago as to what is trying to be achieved now.

Remember it was AS who said MTD may never be achieved, but now.... Something or someone has moved the objectives which has culminated in further pushing back timelines to achieve what was originally forecast as the completed first part of the trial (a&b) in summer 2023.

As far as I can gather the trial is progressing along the lines of what AVCT expected after the mice trials. The results fantastic as they are to us and the outside world are confirming expectations. I don't get the impression that there has been a game changing increase in results in P1a.

I think its odd and a couple of potential explanations spring to mind.

"So Wyn, let's get this straight, sellers in AVCT increase the price but buyers in HE1 increase the price.....Hmmmmm. How does that work ?"

because Joe, buyers try and force the price down and sellers try and force it up.

So if there are no sellers (or very few) then they can force the SP up by refusing to give the buyers the cheap prices they want.

You and some others are so desperate to paint a false picture and to try and score the most pathetic points that you continually make yourselves incoherently stupid by not understanding the simple laws of supply and demand.

Hi Dai, yes its a little odd given the virtual collapse in the SP on the run up to this RNS, but I think the most straight forward answer was that there had been so many disappointments of soon-to-be-obtained rig solutions that they had to wait until it was done without any caveats or potential fall throughs.

So I imagine it was concluded either Friday or over the weekend and just not quite in time for the Friday RNS to be pulled.

My feeling was that the Sofori rig was the last resort just in case the Predator rig deal did fall through and goodness knows we have endured many false dawns that I am sure the market would have reacted badly to a" fingers crossed" RNS as opposed to this much more definitive statement.

Yeah... thats a good point well made......

I maintain my 100% record so, every cloud....

I am aware I might be asking a particularly dumb question even by my low standards.

Could this have been commissioned from new or are they more expensive still than the funds HE1 had available.

The reason i ask is that the delay could have been while it was actually built at the factory?

Anyway its not that important because now HE1 owns it, clearly it is worth a fortune to rent out no matter what happens down the line. It seems HE1 have bought a bloody good asset?

Tim, I could care less what you think.

RAH said the same thing a couple of times.

But sure, Why treat people now with safe doses already way in excess of what has been available previously.

Why not save lives while waiting for a more effective rate to be discovered. One is not exclusive to the other.

BITL, I don't think it is actually about P1a in itself. How much more info does the market need that P1a is working?

I think the "problem" is just the timeline. How long will P1a go on for so that P1b can start. Anfd then they can make guesses as to when P1b data will be released.

So its about time, and time, as we all know, is money.

What I am not sure about and to be fair RAH brought this up is why the 2 trials are not running now, concurrently.

My analogy is this:

Say you are called up to fight and your rifle has an accurate range of 1000m but the enemy has a rifle with an accurate range of 1500m.

Then low and behold the rifle manufacturer invents a new rifle with 2000m accuracy but won't release it because it thinks it can improve this to 2500m.

So young Tommy is stuck with the poor performing 1000m rifle and could be killed by the enemy when the new rifle could save his life, but does not get it while an even better version is developed.

This 2500m version won't be much good to him if he is already dead.

Anyway, I would like AVCT to start saving lives asap and start p1b now and fine tune it/get it even better at the same time.

Certainly a strong start. It will depend on now on how much stock the MM's have.

There can't be much desire to sell right now.

There will of course be the ones that bought at the lows that are cashing out which won't be that many in the grand scheme of things I wouldn't have thought, which leaves only buyers.

So it will be a bit choppy and some swings but I would expect today to see higher (intrday) highs and higher lows as we zig-zag up.

just my opinion, dyor etc etc

Well, that tested the nerves!

Fell to the last support around (5.18-5.23p).

Will be interesting where if finishes tonight.

The first target to suggest a reversal is underway would be a close above 5.8p (so thats looking quite good right now!)

But a break above the recent high of 7.55p would be very positive and given where we are right now that is a reasonable possibility.

Still, lets see where the SP is once the dust settles.

Watching to save you time now in posting, I am going to filter you, because there is nothing of value that you make to this BB.

If you do respond to anything I post you will literally be talking to yourself. (Those who don't like my posts have either filtered me or don't care. And the others, well, they don't care about you either.)