RE: Buying24 Nov 2021 08:34
this has turned out to be an unusual investment.
Right now from a SP pov it is clear that if a rumour grabs hold than the SP will jump 10-20% very quickly and fall back just as quick if unsubstantiated.
That suggests to me there are a lot of PI's itching to get on board due to the potential of the company.
The downside is that these buyuers are either getting burned and selling at a loss when the SP falls back or, once committed are hanging on to their purchase.
In either event, that pool of money is shrinking so moves on rumour in theory, should decrease as funds available diminish.
Also that is overlaid with the continual lack of news that backs up these rumours, making potential buyers sit on their hands until its official.
As a company it has gone very quiet and we are still 4-8 weeks away from an update on the AVA6000k trial. (I am not convinced we will hear this side of Xmas, only because I don't think AVCT have met a timeline yet, so I think its slightly, maybe, 60/40 in favour of hearing in January. (My best guess, is a bout a week or so before the Jan 31st update/results.)
Who knows whats going on with the LFT.
Again from an investors pov, (not traders) its become shambolic, NDA's with Medusa, but their staff talking willy nilly to strangers on the phone. No idea when it will be reapproved in the UK, no idea when HUA is going to be granted, no idea on selling price or profit margins. (This is not about my scepticism on over sales, just what we know or don't know.)
No news on any further tie-ups, no news on how the tie ups are progressing, no updates on the milestone payments (undisclosed, which I understand why).
So investors are buying in quite blind at the moment but with the knowledge that the fog could lift at any time or ... not.
Therefore AVCT is back where it was maybe 18 months ago. Lots of promise and potential but still very high risk but at least with the AVA6000k trial, some real actual development should be available within 2 months at the latest. And there is always the promise that the LFT will deliver.
So all to play for still, but when does payoff come?