Member Info for wyndrum

"RNS Large Investment Deal Agreed with milestone payments."

where have you read this?

Happy to troll posters whose opinions you don't like, but you all can't wait to rec this type of post. Should tell you something.

It removes the worry that this govt could shoot itself in the foot and actually pick a competitor.

This should be the start and certainly not the end of the order stream.

You all might think this is ok, but given you think I am self-righteous, do you actually ever read back your own posts when you so joyfully post insults and rude comments to anyone who does not share your own opinion?

Today, this board again shows why so many no longer post. It is just a cess pit for ignorant people to be rude to strangers.

"Based on the accounts alone we should have tanked..we haven't...markets know what's coming...we're just the mushrooms."

So.... does the SP mean anything or not?

Does it mean the market does rate this stock properly.... or... is it as thick as mince?

I am pretty sure both views can't be right.

Also given you admit you don't know what's going on, what make you think your views are correct or have ever been correct?

Well Alderban.."Durrrrr that's we're the savvy spot these opportunity and buy them. I.e before the big boys onboard but they seem incapable of there own research and need the comfort of seeing others buy in and partnerships formed to tell them what they and we already know in that avacta has at least one blockbuster drug on its hands and once the cln is sorted (which am tell you it is with Richard no more quarterly dumps) & funding until end 2026 is sorted price will rapidly rerate upwards"

How has the SP done since the trial started. I mean, how savy are you? And does that mean you expect no further share dumpling via CLN now, or you just hope there will be no, more share dumping?

Does the comments about deals after data "Expected Q4 2025" (lets not get too excited that date won't be pushed back a little), suggest that there might be just one more RI to get AVCT through the next 12 months or so?

You know, it might just be about the money and not the science. To be honest, not being as savy as you, I wouldn't know.

Perhaps, its not about the science but about the money?

The market does not know how AVCT will be funded going forward. They do not know if that will cause the SP to fall or the stock to be diluted.

I know none of you seem to be interested in the money side of things but perhaps while you are waiting for your ticket to Mars, you should.

After all, Its hardly Rocket science.

Its a steady as she goes but the take awa for me is that clearly income has increased culminating in the lower monthly losses.

As of yet there is no flesh on the bones of this broad statement., so we can't see if sales have been accelerating each month or broadly the same.

The mkt reaction is a little subdued maybe because while losses per month are small compared to the cash in hand, nevertheless its not a profit and in any month there might be a large unforeseen expense pop up, which could in turn unhinge the need for more funds

Either the tip over into profit with increased sales, and/or more detail on the design contract win, will be the catalyst.

Certainly on the face of it, it has at the very least put further funding more into the distance and less likely than prior to the RNS (although I have a feeling the mkt already knew this.)

I am not defending these funds. I am simply pointing out that they are not infallible.

If its a plus when they do go over 3% then its equally a negative when they don't. Just because any of them do invest does not guarantee success for their chosen companies.

If they are so sure why not have a bigger stake? why not buy AVCT completely? (they are worth tens and tens of billions) Its still a risk.

Like I say, good luck but I am not convinced based on the words and appointments made that it is all done and dusted.

I think it more likely than not that the next cash raise will harm the SP.

I can only back my own thought process.

I am just as happy for people to back theirs, obviously.

Chris, Its a fair question. They are a hedge fund and clearly think the risk is worth taking. That's a positive for AVCT.

"Lombard Odier Investment Managers, the asset management arm of the Lombard Odier Group, has experienced profit declines and losses in several areas, including net interest income and overall net profit. In 2022, net profit decreased by 10%, according to finews.com. The bank's assets under management also decreased by 12% in 2022, according to finews.com. Additionally, Lombard Odier has been involved in legal disputes and accusations of mismanagement of funds, including a case with a former hedge fund manager. "

It does not mean that this will backfire for them but just as BG decided to sell and therefore took a pill, does not mean this latest investment won't either.

I have no idea if AVCT will make it or not but I just think there is more chance of dilution in the short term than not which will harm the SP. I could be completely wrong, but now I am out I can't lose as there is no money at risk. (Sure I could/can miss out on a profit if it rises, but that's the choice we all make when buying or selling.

"what is absolutely evident is that christina and the board believe they will land non dilutive funding otherwise at least some sort of rights issue would have occurred by now, especially with the annual accounts being due. you just wouldn't go through all the rigmarole of getting accounts signed off without the 12 months of sufficient cash runway only to raise a few weeks later."

this is what drives me to drink!!!!!

lets suppose, just for the sake of argument that nothing is in place.

what the hell do you think she would do or say!!!!!!!

really, i mean this absolutely genuinely, have you learnt nothing from the lft debacle? (and any other company that has done badly, really, just read the preceding rns's) directors can never tell you the true picture, that when its ****e, use very careful wording to imply everything is going to plan when the opposite is actually happening.

to believe all is going to plan is so naive as to be beyond belief.

i might be an cynical git, but chris, surely you should be called bambi.....

"I just can’t see them raising below 50p. The tone from management is far too confident for that, they clearly believe things are playing out in their favour."

Really, I thought the Q&A was abit of a presentational car crash from the money man?

"If they had any real doubts, a raise would’ve been done already."

What? What? where is the advantage in delaying? you raise early on to take all the sting and uncertainty out from the markets asap.

What about the option they have not been able to raise the money hence the 2 NED's joining?

If raising was so easy and already in the bag then explain the logic of getting the 2 NEDs on board now . It won't have been for free.

Your assumptions are so unbalanced as to be unbelievable. oh... you don't have an agenda do you? I mean you think anyone who does not agree with your opinion pretty stupid dumb or ulterior motives to drive down the SP like this BB makes a dif! ha .

With constant posts like this its going to be hard to wean myself away, so bear with....

"Has credible funding options

Is in advanced commercial discussions"

It ABSOLUTELY DOES NOT mean that the 2 option above are taking in place. This is more of Ice's opinions being purported as fact (a bit like his unaudited accounts. post).

Avct can easily point to the auditors to a RI at any time they want at any price they and the market agree on. They have done it several times before and the company has a large Market cap to allow this. That would satisfy auditors.

However there is a chance that they might not get it away and then it becomes administration time. Whether its standard legalese or not this is the issue.

There is also no evidence of any deal. If silence is to be the "proof" of an imminent deal then historically can anyone point to any previous "silence" that has resulted in that outcome?

Its all about the money and yesterdays disappointing unaudited update and uninspiring Q&A may have at last highlighted that to some here that before seemed oblivious to it.

I have no idea what the future will bring at AVCT, how could any of us, but for me Its more likely than not that more dilution it coming than not, its just how much. Hence my decision yesterday

Well, they won't be doing for free:

non-executive directors (NEDs) are typically paid for their services, though compensation can vary considerably. They are not employees, but rather advisors and oversight members of the board, and their fees are usually based on their time commitment, experience, and any additional responsibilities like serving on committees or as chair.

Well, VS, I think Thorn was right when he said they have got him in because they have nothing in place yet. Hopefully his contacts will help AVCT out.

Don't know DT, all these kind comments make it hard to leave... maybe I should just carry on spreading a little joy wherever I can?

Maybe Thorn, but today seemed to me very downbeat. We knew what the last 12 months was like it was all about the last 6 and whats coming and there was not a single detail added that they could be held accountable for.

As a very basic rule of thumb there is no advantage whatsoever in a company deliberately with holding any positive info. No advantage to a lower SP than need be.

So when you get from all accounts a very poor Q&A combined with a no specifics RNS and instead just vague talk about future partners and future funding, leaving almost every statement in the world of ambiguity it tells me they have almost run out of road.

Sometimes you end up thinking "its not worth selling because the SP is now so low" well, after I sold on the bell the last half of my recent trade, I waited for the reports on the Q&A. Then I thought, why am I keeping this tiny "core" rump? Its no longer worth much but it is about the same as a case of Macallan whisky, and I know I will get more pleasure out of that than likely seeing this stock fall further too.

Overall AVCT has been good to me, but like everything, all good things come to an end.

Don't know OK, but I will do what I like, if that's all the same to you.

Thank you for your kind words, much appreciated.

Good luck

After all this time I have at last sold all my AVCT stock.

I can always buy back in if it looks like its going somewhere, but this today (and other posters are echoing this too), that there is an increased chance of a RI at a price we can only guess at which in turn increases the chances of BP either sitting on their hands until it really gets sticky or offering an amount just above the RI to take away the pain from what is increasingly looking like either inept BoD's or not as good science as we all may have thought.

Well, if covid makes the news again surely that should generate some interest in ABDX. What do they have to do! They have a LFT for bird flu that is very expensive to poultry farmers, they have a decent toe hold in the US, they are all over all sorts of tests, the global market is HUGE and still the SP is just a paltry £13m!

And breath..... still the chart is still on our side....