Member Info for wyndrum

yes Steels, I was surprised too by the cash in hand statement.
Last year they had overheads of £18m before income (of about £3.7m). This from May 20's full year results:

Partnership with Moderna Therapeutics: enters next phase as Moderna exercises commercial option
· Moderna Therapeutics Inc exercised its option to enter into an exclusive licensing agreement for Affimers against an undisclosed target; part of an ongoing research collaboration between the two companies. A future regulatory submission by Moderna for an Affimer clinical candidate would trigger the next milestone payment to Avacta.

I wonder if the recent flurry of published activity between the two is connected to a "milestone" payment on the "undisclosed target"? Because I agree with you, I can imagine there has been an accelerated cash burn over the last 6-9 months.

On the other hand it could be any one of the published tie-ups. Maybe we will hear more in May

"Maybe she's tied up in the attic".. ( you guys kill me).....so when you Nd, put your money in a pension do I have to assume the fund manager had also kept you incapacitated somewhere….?

I think you are absolutely correct Mowz in saying that newbies will have to learn the hard way. It was just a response more to Radds asking me to express an opinion as my indifference may have been off putting to said newbies.

Radds, what newbies should take out from this board is not to become emotional involved with this (or any stock).
I can't comment on the science of AVCT so I take the presentations at face value.

I have some experience in interpreting charts with a reasonable success rate
And I have some experience in understanding the psychological pulls of trading/investing.

You only have to read the weekends posts to understand that many here are already dreaming of what to do with all the money they are going to make. That's more dangerous to newbies imo, then whether or not I express an "opinion"

Am I missing something but how much is Eve earning out of this tie up?
Do we know what projected annual sales are?
Are we saying this tie up is worth as much or even more as what Eve does (ie make and sell mattresses)
The way the SP is reacting is that this is transformational. is it?

2 things: (one, I can't be arsed, the second is my opinion should make no difference to anyone.)

Most here have already put me in their box of knowing all about me and nothing I can say or post will ever make them change their minds. (The most absurd and inaccurate is that apparently I am troll and that accusation is routinely repeated !)

I don't know how many times I have told this board that I bought in June and have never sold out at any time. Within a core holding of 40,000 plus shares I have at various times added and sold above that base of 40,000 shares, to de-risk where I thought necessary, and when I thought the risk reward was better again, added back. I have several posts explaining where I added to stock.

If you really care I am up to about 72k of shares now and when I inject a further £40k into my 2 isas I expect, depending on exactly where we are, to add more AVCT.

I 'm sure many here are relieved to know my intentions, and it must be a great relief...….

(PS: I have put in lots of line spaces to make this easier to read for some who struggled with my previous format.)

Wow, tough crowd....

(you don't think having discussion whether we should collectively sell out at £20 per share or not was the tiniest bit rampy…..?)

"This stock is practically unrampable!!!!!!!!!"

Oh, I don't know, I'm pretty sure if we put our backs into it we could ……
(you know,given that we don't have a CV test out yet and have continually missed almost every expected deadline, …. just saying... ;o)

While its impossible to say how many tests and for how long, what it should result in is many millions of £ revenue and as a result I can see a special dividend coming because if is relatively short lived and therefore might not be seen as annual revenue, what are they going to do with all that cash? Sure, keep some extra for fast tra ckdevelopment (£50m) but really, that should leave an awful lot left over?

Ha! Ben, I feel your pain! It was a few years ago now since I traded the Bond markets but you learn a lot about yourself while you are doing it (well, I did anyway!)
You know what to do... have a plan.. stick to it... and all will be well.....
(Have you noticed how easy it is when you "paper" trade and how much harder it suddenly gets when you do it for real?
Anyway, Good luck to you, (although it sounds as though you have this all in hand.)

Sdon, I wouldn't argue with anything you have said and my experience having learnt the hard way is probably not to dissimilar to yourself.
TA is I agree much better on indices than particular stocks, so I use it now to time entry and exit points having already decided I want to take a position in a particular company. It works for me now more often than not and not being leveraged takes away a lot of the emotional stress which can lead to over trading as well as not sticking to the original plan!

Ben, I'm assuming you are pretty experienced in leveraging but while I don't subscribe to MM's wholesale manipulation of any SP, I do think they move the price around a bit on days like to day to potentially trigger stops and to get a feel of underlying momentum.
I don't know what stop loss you consider acceptable or what your risk reward ratio needs to be to take a trade on, but this is a pretty illiquid stock that has the potential to be easily manipulated, so for the less experienced out there I would just say, beware.

It was a reply to Ben, that's all, not anyone else, but a lot of people think charts are worse than rubbish so I thought it might be helpful to explain the rationale behind the bald figures.
The AS interview could have been a lot shorter yesterday if he had made no effort to explain what is actually going on when the AVCT products are being used but I think we all benefitted more form the long version?
I'm tired of having to justify every post I make to somebody or other.
Read them,don't read them, I really don't care but try and stop assuming your view of my posts has any particular validity with anybody else.

Then don't read it

Hi Ben, the chart is right on a cusp. And its a bit broad: you can argue this either way:: There is a resistance between 195p and 203p so as its less than the top of 203p then as I say an argument can be made to short the stock, as its failed to hold on to gains and been quite volatile from these current levels, but to where, 195p? not worthwhile, could it fall further, yes of course but, 188p would be next, so targets 1 and 2 are pretty tight and I can't see why anybody would take the risk for such small return. It could fall further still but the fact it has been there and rebounded quite strongly since, suggests it is less probably it will do so again, but of course it could (its just an odds game)
So its a buy then? well not really no, (in chart terms). It needs to break and hold above 203p If it did that's a strong, very strong buying signal as it would be a break above an all time high and that usually triggers fresh momentum. (This I think is the most likely)
So for people who are looking to time their entry to go long and reduce their risk of losing, they would wait for a close above 203p first.
If you were using the chart and wanted to go long now and save a few p and not wait for 203p (and that's fair enough because it may go through 203p and actually close that day a lot higher!), you would I think, have to set your stop at least at 175p, which is 10%.
If you are not looking to sell so don't really care about the downside then with the spread at any given time you might as well buy now and then not have to worry about missing the boat if a big leap suddenly occurs for the sake of a potential 2-5p less entry price
How helpful this is I don't know. but this slow movement around this price only confirms my personal analysis above, and suggest to me , the "big" money is waiting for 203p (plus) before getting in.

"....but as it stands the valuation is utterly bonkers and it just needs to be higher, it really does. It is an absolute crazy price at the moment."

And yet it is what it is..... and has been through 2 x TU's and 2 upgrade in profit forecasts... Maybe you are right but the market disagrees with you and the director buying has been conspicuous by its absence. I hope your view is correct.
I think your valuation could be right but your assumptions are highly speculative at present. But that's where risk reward comes in. Good luck

I see what you did there....;0)
Seriously though, its just me, but I prefer a bit more balance and worry when any BB starts really not entertaining any view that is "seen" to be negative. The response to DG's post about a competitor being the case in point.
My views now, seem to be judged worthwhile only whether or not I am a shareholder. (Do you know if I have bought back in? and if I have, does it alter then the validity of my posts?

Oi Greg, not so much of the Old!

Think this board is getting a bit too rampy for me. GLA

Given I asked (as I always do) in good faith because I am confused of what is developing now: Ben say yes, (gk disagrees with Ben), Speranza says yes based on the intimation of a selling to price to govt (which I am not sure is that conclusive in the RNS), Matt hopes not. The rest just seem annoyed that I had the temerity to ask a question.
Being part of the Moonshot program here was of huge significance to this boards appreciation of AVCT's covid potential. This was the route to £10 per share! But now apparently, It is a negative post simply to ask, given the problems of validation with the govt that seemed to have occurred, if we are still on board as part of the sovereign solution.
This is board is more polarised than ever. The assumption that any post that is not "deemed" positive, is therefore a deliberate deramp just seems to show a high level of insecurity within the stock itself by many on this board and it also stops any development of ideas. There is no need for it honestly.