RE: Chart9 Sep 2021 14:03
The logic of charts RD, is that all the info out there is already reflected in the current SP. So in AVCT's case the "big" RNS that might drop, is already in the SP. The reason the SP is so low is that the market no longer trusts AVCT's forecasted timelines and also that the market for testing (at least in the UK) is both diminishing and crowded, reducing previous forecasts of potential income.
So yes, if a better than expected RNS does drop then the SP's reaction could and is likely to be, more dramatic than if the SP was still around 275p. The SP reflects the risk reward and if you "believe in charts, then its no coincidence that the SP is hovering at this level as it is proving to be a very strong resistance to further SP progress.
I think you are right, if/when HUA is granted the SP will go beyond 155p , my guess is nearer to 200p or just under. If actual sales figures of the test are reported at the same time and demand is reasonable, then we should be well into 200p plus probably around 235p.
These figures are not as arbitrary as they might appear. Previously on expectation of the same news some months ago, this is where the market valued AVCT, so its reasonable to assume they will do so again. To go above our All Time High, then a big order is necessary (govt or major airline type of thing) which again, was the expectation at the time.
The Dark Horse is AV6000k but there is no expectation of any reports on progress until at least year end. If some positive comment was made in the TU, then that would I imagine, re-calibrate the charts!