Member Info for wyndrum

Glad to see your enjoying it DD.

Just a quickie, say the charts indicate a good entry point and you buy in: What wiulkd you do if the shares started to fall? Would you just stay in or would you sell up and take a smallish loss?

(I ask because you were not so concerned about that are of TA if I recall)?

it will Aim, and I take your point about my assumption. (in my defence I tend, based on past experience, to think Bod's play down bad news (ie I think sales are worse then they are letting on, and all the flowery ambiguous stuff is not to be listened to.)

Good luck

Dai, is this drill going to be quicker in terms of depth per day, than the last black and decker he used?

Aim,

My assumptions are based on this from CC:

However, in order to fully achieve this long term potential, particularly in the face of weakening consumer confidence, there is a need for additional investment. Recent inbound investor interest has led the Board to conclude that the optimum way to build shareholder value and realise the opportunity in sleep wellness is to launch a strategic review to secure either a new owner or a major strategic investment partner.”

There is a "need for additional investment." What do you think that meant?

Did you conclude from that, that with less marketing and therefore less sales that there would not then be any need for extra funds?

Look, I don't know whats going to happen. All i have posted that it (The rns) was not good news and that the market by halving the SP saw it the same way and to be wary of putting more money into it because of the lack of any info to build a bull case for it.

Maybe there is value in buying it out as is. I don't see it as a given and explained my reasoning as to why.

Having read the opposite views, they seem to be based on wishful thinking and not on what little we do know. Maybe you will be right. I hope so i really do. I wish you all luck.

Further Aim,

I have enough confidence in the EVE board that every scenario had been thought through that actions taken now would most likely lead to profitability.

Had that been the case there would have been a different RNS, along the lines of, that due to the slowdown certain cost saving measures were being put in place that would result in lower sales but with an improvement in gross margins allowing for profitability to be reached this year.

Wouldn't they?

Aim, my assumptions are based on the latest RNS.

Do you have any idea how expensive it is to get on page 1 of Google?

Do you know how quickly sales slide when no marketing is done?

Do you know how lean the staff numbers are presently? (or what fat can be trimmed that has not already been done?)

Do you know what the current cash burn is?

I don't mind (why would I), differing opinions but the assumptions have to have some semblance of basis to start with to make the leap that the assumption makes.

Do you really think that EVE could become profitable by simply drastically reducing the marketing spend? (I ask because I would expect EVE to have already played around with various spread sheet business models prior to the profits warning.)

Who says it can be quickly made profitable? Where did you read that? Do you know what the cash burn is?

Thanks MrA.

If precision does work in that way then that really would be the most fantastic news as so many cancers are "caught" too late.

don't know if this is covered or not so forgive if its a dumb question:

Assuming precision works, would it also "work" on metastasied cancers in the body?

Could it target the main tumour but also allow Dox to be released on smaller tumours as well at the same time when injected as a dose?

I think he had to do something in terms of letting the market know what was going on so this update was required but clearly things are progressing and DM is going out to Africa soon too.

How exciting....

DGU I assume sales have fallen off a cliff or overheads have exploded:

from CC: "However, in order to fully achieve this long term potential, particularly in the face of weakening consumer confidence, there is a need for additional investment. Recent inbound investor interest has led the Board to conclude that the optimum way to build shareholder value and realise the opportunity in sleep wellness is to launch a strategic review to secure either a new owner or a major strategic investment partner.” "

No, Watching I don't work for Black rock. I just watch the SP.

Often on crappy days like to day the market rallies a little towards the end. AVCT are more or less on a support so i have reallocated to take advantage of this general market fall rather than seeing anything AVCT specific in it.

"Processing grief."

was meant to be at the top of the list

CI without being too fence sitting. It would have depended on what the price was when I bought. If my £10k original stake was worth £500 then i would probably just stick with it. But at the same time I would not have let it get to that situation.

Right now on the limited info available I would not buy as I can see no way of even guessing the outcome.

I would not put £500 in just as a punt to see what happened. Its too hard to make in this game without taking frivolous risks.

It seems reading some posts that some are grieving about their loss.

Denial. ...
Anger. ...
Bargaining. ...
Depression. ...
Acceptance and hope. ...
Processing grief.

I think most have gone through denial and are somewhere between Anger and Bargaining

no shi.... christ ,what did I say this morning......

"So, in a difficult market like this with costs for all businesses rising dramatically, loss making companies get lumped together and it is eminently sensible for some risk to be taken off the table."

("Its always darkest before it goes completely black")

Watching, the RNS was good/encouraging but not material:

It shows on the plus side that things are progressing well as far as it goes and the £2m is welcome, but its not a game changer in AVCT's bank balance. It is an extra few weeks or so (6?) of cash burn.

Stevie, have you seen the state of the market today?

Its a blood bath!

I am sure you are right D.

There will be an initial discussion to see how "serious" the potential buyer is and what their resources are (Again, a bit like buying a house: You are not allowed to make viewings unless you can prove you have the mortgage in place etc etc.