Member Info for wyndrum

Yes and I bought a few more this morning but the spread kept it at about a 10p buyin but right now it looks a shrewd move! ha ha. Good luck!

"So at 0.15 the company will be worth the 10 million it just raised."

Unfortunately by the time it (if it does ) reach .15p then it won't have all the 10m it raised as the cash burn never stops.

On the other hand the RSI is very oversold so today just might be an up day. certainly the odds are in its favour

I wonder if the drip-feed fall of the SP combined with no immediate follow through on the news from Capxx, is co-inciding with the hot money here being transferred to other faster moving risky stocks.

Personally while I try to take advantage of these situations I have found the money from everywhere else and not touched my stock holding here.

(I hope this blind emotional loyalty will be rewarded at 22p per share, or even .47p as the latest target to close at.) :0))

And I meant to say I just bought a few at 10p (I hope this is a sufficient wind back.... )

I'm sorry, when you say "I said volatility is not a concern of Avacta at the moment, hence they are not drip feeding TNBC data. Do keep up..."

I thought you implied there was no need to support the SP with drip feeding data that might indeed lift (even a bit) the SP, due to the fact they would not need to raise any money on AIM.

I now understand through your corrections I was wrong apparently, but on the other hand I now have no idea what you were trying to say. (no change there then....)

D, looks like a good decision to bank some. (You can always use it to top up if you feel the need?)

(And don't worry about the other BB, its just business as usual! :0))

Well done Bella, better late than never.

As for you Ice, your post now apparently was talking about the endgame and ignoring the imminent need for funding for the endgame to arrive.

Perhaps you could have made that clearer rather than saying the short term SP movements are irrelevant, when in fact they are anything but.

So what you are saying is that assuming a non-dilutive deal is forthcoming then the SP is irrelevant and that there is no chance of any dilution?

Didn't CC say that any immediate deal would be quite small? Which implies that maybe a RI to some extent or other will be needed, or at least reasonably possible, if not actually likely?

I ask because if your first statement you left no wiggle room and you just came out with a 100% one-direction statement even though you have no idea at all what or how the financing plan will be in the 3 months or so.

"Avacta couldn’t care less about short term volatility."

Really? So the SP is not relevant to AVCT at this crucial funding time? Is that what you are saying?

Yes, and I was talking about imm.. what do you propose, I post here about it?

Sorry but this will probably get lost quickly, but D if you are here, the RSI closed last night at 90.

The upside before a breather is limited based on that. its an odds thing as you know, but I just thought you might want to know, given any rise today just increases the odds even further of a retrace tomorrow.

Looks like Capxx just want to remind the outside world that things are going on behind the scenes.

The market needs news now though.

We have the bones, it needs to see some flesh.

Ok, Day's done now.....

(Its still poised but a bit less so than it was........) :0))

Well done D!!

Day's not done yet.....

" why you so obsessed with me and my strategy. "

I'm not obsessed just interested in others investment strategy to see if I can learn something.

You seem to me, to be quite contradictory which I just try and get clarification on. Generally your posts read as though you are quoting facts so I wondered if your research was working, but in fact you are making assumptions like the rest of us.

"but my approach is about patience and letting the investment thesis play out based on my research not instant satisfaction. 🧐"

Hold on... don't you trade as well? and didn't you just buy WH Smith out of the blue a week or so ago expecting a quick profit?

Successful investing is maximising returns.

Your track record of investing in distressed companies is fine, if thats your thing, but imo you should work out when to buy because clearly the constant averaging down shows that you don't seem able to know when the distress will stop.

And time is important.

Well, I was only going by what you have said and trying to fill in just a couple of blanks so as to alert posters to your appalling track record in case it came across as though you knew what you were talking about. Does not make any diff to me, obviously.

D, have you got a sell price in place for IMM?

(It certainly is going well right now!)