RE: Seems a formality now10 Apr 2023 10:54
RAH this is the counter argument. (Just for a different perspective).
Its not AS, its all CEO's on PLC's. They simply will always exaggerate and if necessary deceive. They cannot in any public statement, do anything but paint the very best picture. They won't lie, and if they can't get around that they won't talk at all. (hence silence). So, its not AS per se, but I dismiss pretty much all they say, because its not reliable enough to bet on. So the confidence of AS is pretty meaning less, as any accurate guide to the future (imo)
This seems to work with all the evidence that has been produced over many years now, but the 2 potential road blocks are the time it takes to actually monitise the tech. It feels it is still years away? (at least 2 maybe 3? Happy for you to comment).
And then there is the longevity of the tech given advancements elsewhere where they are trying to bypass chemical injections altogether.
Given the equally slow nature of new tech I think AVCT will have a market but time is of the essence to capitalise on this.
The recent RNS's and interviews etc, suggest to me they are trying to get back in control of timelines given I still think it was a major setback in the DE5 extension, (which could go to a DE7! Who forecasted that scenario?)
So, yes it works, but that's not necessarily the biggest hurdle anymore.
The most likely outcome in the near term (6-12 months) is SP appreciation but where to, is much harder to predict I think.