Member Info for wyndrum

well, a pretty muted response from the market.

Not sure how I interpret it. On the one hand the reaction could be the price already reflected the chances of a drill next year, or had built in to the SP a late drill this year and the news yesterday just confirmed both potential outcomes?

Not much help but better to see it stable than falling, so I guess the news was not a surprise and therefore in the various scenarios available, positive.

On that basis bought a few late yesterday.... DYOR etc etc

looks like a tree shake back to around 836p. bought a few more at 838p

Yanis,

I read the same and concluded (on the basis they exaggerate the good stuff and underplay the bad) that:

"leading to the Board receiving a number of indicative expressions of interest. These have been carefully evaluated by the Board, with a small number currently being facilitated in their due diligence and with further information requests."

Meaning nothing has remotely come of that, (at best, yet.)

with

"There can be no certainty that the terms of any offer or investment received will be suitable for the Company and its stakeholders.”

No likely offer remotely forthcoming, (again at best, yet)

I know thats a particularly downbeat assessment but... based on what they have said in the past and what has actually occurred I think it may be wise to look at it through more cynical eyes?

It just gives this BB at least the opportunity to see the same wording through two opposing views.

It can still can all come good and there is somebody in the wings just playing their cards close to their chest waiting for the opposition to reveal itself, but that would have to be a guess based on the lack of current evidence.

Even if their is an argument that EVE has value, (and I think there is), it is hard to know if that value is better accessed when in admin or now as a PLC.

Just my opinion etc etc

Magoo, "Nothing in this world is certain...." followed by "we may have a few more bridges to cross on the way, of which we will overcome" so nothing is certain but you are forecasting obstacles will be overcome. "Will be" being somewhat definitive and also somewhat contradictory?

L2 data is really only helpful for very short term trades for holdings for minutes/hours. And it needs to be on products with very tight spreads such as indices futures etc. On stuff like AVCT, as another poster stated.... so what?

What difference does it make? As has been explained its not reliable to give a true indication and is very difficult to remedy that situation, and not all trades are recorded in real time so again, why would you use L2 as any sort of indicator to trade from. (and L2 is very much a traders tool)

I think the SP will tell us how the market see this but it read down beat to me.. Sorry...

Delays, then after rig audit, another month, long lead times (beyond their control) flagged now, now no dates or confirmation for this year of when drilling expected ... Maybe I am being too "look at the downside first"... but it sounds like its paving the way for next year to drill...

So Greg, what barb do you want to lob my way today?

gmcc
"PS. Day traders watch & play the SP they are not interested in company fundamentals . ( very few become milionaires and suspect majority will lose money trading stocks ) albeit we do have a " super AVCT SP trader " who pops in now & again , boasts about making trading profits but also keeps asking why ? why? why? is the SP not moving ? . Seems to confuse comparing " SP " with AVCT asset potential market value"

((I did not ask why the SP was where it was but responded to another poster who asked that question, which if you only read this BB, you would think it odd, btw.)

All here want to be in profit from when they bought, to when they sell, whatever the time frame. Hopefully thats not remotely contentious.

Potential value....well, that's the 65m dollar statement. If all goes well over the next few years then yes. But its an "if "at the moment.

The company fundamentals today are a company with promising new tech undergoing the first human trials that is also loss making and probably will need a cash raise in the coming 12 months.

Therefore with a number of variables (including time, which is often overlooked as a key metric) that could dramatically transform the SP either up or down, more active short term buying and selling is simply another strategy to make money (which again, is the aim of all here).

Personally fwiw I think the SP (and have said this for the last few weeks), has bottomed and the current SP, unless the trial reports bad news (and at present there is nothing to suggest this will be the case), looks to be at a low give or take.

If thats right, then the next move up should be on supportive news as opposed to rumour.

So now its a case to see how this pans out but any look at the SP graph has shown plenty of quite big percentage moves over the last 24-30 months and has been in fact a profitable stock to trade intermittently even though its hardly moved overall in that timeframe.

well,I think you may be right Dave, i topped up (69.4p) so fingers crossed it moves up away now

And still stxx, you don't reply to my question about how you value companies based on their T/O.

(And just for the record i don't panic when I buy or sell.)

Your choice of words are poor as it gives a false indication of my actions

Invest, as you say you can do what you like, however I don't think it unreasonable t to assume that these BB's are a forum for discussion.

I'm not sure why you bother posting if you don't want to have a conversation.

Although you won't reply to this, I would have been interested as you don't see your posts as ramping the stock, what you would classify as a ramping post.

Hey ho.

I Know DGU, its very frustrating but (fwiw) any forward looking, future forecast is going to come with the implied caveat of best guess, and therefore not a "Fact".

One of the traits of CC, is that she tended to be cautious in her views, given every interview normally hammered the SP.

But there are clues.

Any long term loss making company is very high risk, whether its a high tech start-up or a mattress maker.

The problem is its all based on future predictions which by their very nature makes it speculative and if for any reason things don't pan out then you need more money to stay in business. which causes SP dilution and a loss of confidence. It starts to become quite the uphill battle once the first target is missed in my experience.

I am not sure of your age but the dot com bubble of the late 90's was quite something to behold......

Big Multi baggers are a bit like winning the lottery, it happens , but the chances of it being you are very small......

I am hoping that the trading arm at GLEN will more than offset at production issues

Wiggs, I tend to dismiss/ignore woolly positives from all CEO's and look closely if any negatives are in the RNS's and then multiply by a factor.

And its not being cynical. CEO's will and indeed have to be, super positive at all times and always play down any problems whether coming down the track or in the present. Otherwise the SP can take an awful hammering so the system is designed to make BoD's bend/distort the truth.

We have first hand exp. here with the commercial "failure" of Bams and Elisa and even LFT. It takes months after the event of the disappointing sales" before Avacta addressed it and updated shareholders and by that time even us lot had worked it out that all was not well.

Being honestly accurate does not win you any plaudits in the city.

Thanks

Yes Vern, the chart has turned more positive with higher lows and higher highs being recorded.

Ideally a break and hold above 1,2p would be further SP confirmation that better times beckon.

But in this type of situation buying on a SP chart would still be extremely high risk, if only if the news were bad then the SP would plummet so quickly you would not be able to get out.

Now that might to some seem seem negative/one sided, but the risks should always be addressed before basking in the expectation of huge potential profits as capital protection is everything in this game.

Wiggly, "I think AS must be very confident in the licence deal otherwise I'm sure he would be managing the share price more actively."

How exactly do you think he could "manage" the SP?

I am not a know all greg, far from it, it just seems that way to you judging by your intellectual prowess.

D,I think you are correct, but the level of upward reaction is pretty muted, which i think makes sense.

Its all or nothing but we have no way of knowing what the odds are of the 2 most likely outcomes.

The odds must have been improved by confirmation that talks are taking place. But equally the news was sufficiently vague/ambiguous as to be of not that much help. (Hindsight will confirm either opinion!)

Thats why I hoped Investy might be more forthcoming. He might not be able to divulge his info but it would be nice to hear that there is some basis for his confidence.

(I presume at this juncture he is just a ramper.)

Ok Greg, i know you think being rude is very clever, (its not by the way), but how about addressing the question I asked you in response to your assertion I " buy in, talk it up.. Sell out, rinse repeat..."

I am trying to gauge your value in your reasoning.

(You have not got off to a good start thinking DG and I are the same person. and being offensive does not help your cause either).