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Share Name Share Symbol Market Type Share ISIN Share Description
Advanced Onco LSE:AVO London Ordinary Share GB00BD6SX109 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -3.03% 16.00p 15.00p 17.00p 16.50p 16.00p 16.50p 273,301 15:43:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.0 -13.2 -17.0 - 12.95

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DateSubject
22/7/2017
09:20
Advanced Onco Daily Update: Advanced Onco is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker AVO. The last closing price for Advanced Onco was 16.50p.
Advanced Onco has a 4 week average price of 9.75p and a 12 week average price of 9.75p.
The 1 year high share price is 137p while the 1 year low share price is currently 9.75p.
There are currently 80,935,194 shares in issue and the average daily traded volume is 1,109,642 shares. The market capitalisation of Advanced Onco is £12,949,631.04.
19/7/2017
16:52
sweet karolina: I was talking about the loan already drawn down which needs to be converted. As there will be no additional drawdowns the option of deducting the difference between the VWAP and 25p from the next drawdown no longer exists so AVO will have to pay in cash. The only cash it has is the new loan. To meet its cash burn rate AVO needed a draw down from Bracknor every 5 weeks. The loan is only equivalent 3 draw downs some of which will go straight to Bracknor - how long will the new money last? 2 months maybe before they have the begging bowl out again. There can be no doubt the reality of the Bracknor facility has been a complete disaster, but theoretically, had the share price not crashed and Bracknor has been able to get its money back on each drawdown before the next one was due thereby just recycling the same cash over and over the full £26m could have got AVO close to completing the development. This loan provides no where near enough. Indeed it is debateable whether it has made any significant difference to the dire financial situation of the company at all.
04/7/2017
10:56
makeamillion1: I am with you MrTruth I have welcomed the drop in share price and have subsequently tripled my holding which is well in excess of a number of NED's in this company. The facts are not always that clear to shareholders clearly there is much behind the scenes where NED's in the company including the Chairman have recently bought significant shares all at amounts double today's share price. The annual report was an excellent summary as to the state of play, extremely professional and with a clear goal and time line. Why do you think the directors have bought so much? However rich you are you do not buy any shares expecting to see a 50% reduction. You buy as a director because you see the future and where the price is going. The most relevant purchase for me was the Chairman of Adam buying 400,000 shares, after all Adam being a 100% subsidiary is more responsible than any other company in the delivery of LIGHT, they are LIGHT and the technology they are pulling together is already proven on a much much bigger scale, it works all they are doing is pulling together the elements to refine the technology for use in Proton Therapy. Do you really think the chairman would buy 400,000 shares £100,000 (at the time) if he had any doubt at all it would fail? As I have said I have welcomed the drop, I have been buying substantially at these levels and the company has been clear in what it is working on. The fact that no directors have been buying at these levels tells me that news is imminent and that they would be insiders. The completion of Harley Street is immaterial in the scheme of things to come and the time line. Well before then, within the next 12 months we will have a test center capable of treating tumors where in it will be the spring board for licensing purposes and sales. But even before then this year I believe we will have firm orders not including the facility at Birmingham which looks to be a done deal...the advisors and NED's in this company are the best in the world, they have renowned internationally acclaimed expertise. Do you really think they would lend their name and invest their money in something they did not believe in? The funding arrangements have not gone the way the company envisaged ( in terms of the share price) that is for sure, however again read between the lines and I believe funding deals are being orchestrated without pressure on having to do a deal because of lack of funding. Again I believe news on this front is also imminent, maybe it will be coincide with some orders which have been explicitly mentioned are at an advanced stage no doubt backed and endorsed buy our NED's and advisors among the best experts in the world. As I am now invested at such a low level I have little to loose and I believe much much more to gain. DYOR Good luck all.
30/6/2017
10:37
sweet karolina: mrtruth, There are no certainties either way. Investing is all about risk reward balance and diversifying risk. Try writing down all the bad things that could happen and what the impact would be and when they are likely to happen and how likely they are to happen and do the same with the good things. If you do this honestly even applying a good degree of optimism, it is clear that the risk reward balance is diabolical at this point but if they can survive to Q3 2018 when they might have what could be described as a working prototype then the risk reward balance starts to improve. Up until that point the trend for the shareprice is down, yes there will be some bounces along the way, but ongoing dilution and more and more shares being pumped into the market to keep things going are a 99.99% certainty. If someone were to buy in once a working prototype is genuinely available they would have to pay more than the minimum shareprice this falls to however it would still be a lot less than the current price and they would be buying into a much better risk reward balance. Even from that point there would be still no certainty of success as getting from a working prototype to proving that they have a clinically effective solution compared to the other products that will have been on the market for much longer is still hard and at best they are not going to treat their first patient until 2020. In short AVO has been marching into the valley of death ever since the Chinese hospitals pulled out. They may well die in the valley, but could one day march out the other side. Surely it makes sense not to go on the downward march, regardless of whether they do end up dying or they manage to crawl out, but to wait and join it when it is clear that they really are marching out again. The share price graph shows you what side of the valley you are on, you will not know that you are truly on the upward march until well after it turns but that is where if there are any rewards to be had they could be realised.
29/6/2017
18:10
andy: mrtruth, Like I said before, the maths are against it! If the share price falls to 12p, say, how much of the Bracknor funds will be given back to Bracknor? So they will need to convert faster, and what will that do to the share price? That's why they are called death spirals! Twirl seems to understand it in his post above.
31/5/2017
15:42
jaknife: It's a standard market mechanism that I've seen before. AVO can't legally convert the debt at a share price below 25p so they use 25p. Then separately AVO pay a larger fee to Bracknor that essentially makes up the difference between the number of shares that Bracknor actually received versus the number of shares that Bracknor would have received if the conversion price had actually been the correct (below 25p) conversion price. I don't see why they can't continue to do that at least until they have the AGM.
16/5/2017
09:46
andy: Is everyone asleep? Or just out celebrating yesterday's share price rise operation? 16 May 2017 ADVANCED ONCOTHERAPY PLC ("Advanced Oncotherapy" or the "Company") Conversion of Convertible Loan Notes Advanced Oncotherapy (AIM: AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that Bracknor Investment Group ("Bracknor") has advised the Company that they will convert a portion of the first tranche of the Convertible Loan Notes ("CLN") issued to them on 22 February 2017 into new ordinary shares of 25p each in the share capital of the Company ("Ordinary Shares"). Further details of the conversion are set out below. Number of CLN converted: 20 Total nominal value of the CLN converted: GBP200,000 Lowest VWAP in 15 days preceding conversion notice: GBP0.2135 Conversion price: GBP0.25
13/3/2017
00:02
avobull: I remain bullish on AVO and there were some positives in the recent presentation, particularly on the advantages of AVO technology over its competitors and the potential for a new deal with Circle in Birmingham However, I still do not think that the Bracknor deal is in the best interest of shareholders. i understand why AVO feel it is as they believe it allows them to benefit from an increasing share price as positive news flow unfolds. However, I intend to stay long, but vote against the resolution to issue shares to Bracknor. I will vote yes to the other two resolutions. I would urge all shareholders to vote and, if like me, you hold shares in a nominee account, you can still vote using the following methods: 1) HARGREAVES LANDSDOWN.  Log into the Hargreaves Landsdown website hxxp://www.hl.co.uk  On the right hand side on the home page is ‘my accounts’.  From here you are able to send secure messages. Send a secure message stating your holding and how you would like to vote on each of the resolutions. At the end of the secure message and before sending ask for clarification that your vote has been received and cast. Hargreaves Landsdown 0117 900 9000 2) THE SHARE CENTRE  You can vote on-line via www.share.com.  Below your account summary you will see: “click here to see details of forthcoming company meetings”  A list of all active meetings will be displayed – click on the on the right hand side to view the meeting details and resolutions  Record your vote and click on the confirm button to finish. The deadline for each meeting is shown, this is usually 4 working days before the meeting Share centre usually update shareholder meetings every Friday and make all meetings available for on-line voting wherever possible, Range Resources is already updated so that you are able to vote straight away. Your votes are recorded on the total number of shares held across all accounts (ISA, normal trading account etc) under the same customer number; it makes no difference what type of account they are held in. If the meeting details are not available on-line or you are unable to vote on-line, please e-mail us at: shareholder.rights@share.co.uk with your clear instructions or call on 0845 6185180. 3) INTERACTIVE BROKERS hxxps://www.interactivebrokers.co.uk/en/main.php#  Log into Account Management  Go to Message Center  Create a New Ticket  Select category Account Services and sub-category Corporate Actions  Then place RRL (AIM listed) in title and a brief message explaining that as a shareholder that you'd like to place your votes for the AGM.  List the resolution and votes. Note; It’s worth noting that Interactive Brokers doesn't have to vote small holdings and may refuse to register the vote. Some pressure can be brought by claiming that you will consider transferring shares to a broker that can assist in the execution of you basic right as a shareholder. Demand to know why it isn't automated and what the min holding is to be sure to have your vote registered. Create enough of a stink and they vote. 4) INTERACTIVE INVESTOR [...]  Log into your trading account  Click in secure messaging  On the left hand side there is a message facility which tell you of corporate action - in fact you can filter all corporate notifications.  Send a secure email with the resolution numbers and your vote for or against and Interactive Investor do this for you. You can telephone us on 0845 200 3637 between the hours of 7.45 am and 9.00 pm, Monday to Friday. Update with regards to Interactive Investor - message from the secure mail:  We would require you to provide us with your voting instruction by return secure message, or by calling the number below, for any AGM/EGM or other meeting, called by a company in which you hold stock in your nominee account.  We require a minimum of 1 weeks notice of any AGM/EGM date in order to guarantee your instruction, and any request given after this period will be done on a best endeavours basis. As an execution-only broker, we do not issue notification or voting forms.  Should you have any other enquiries then you can continue to write to us by secure message. Our response time is usually 1 working day however, we would appreciate the opportunity to answer your enquiry immediately. You may therefore wish to call us Monday to Friday, from 07:45 am until 9:00 pm on 0845 200 3637. 5) MOTLEY FOOL SHARE TRADING Phone 0845 609 0006 or email CustomerServices@FoolShareDealing.co.uk to register your vote in accordance with MFST terms and conditions: “7.5 If you ask, we will arrange for you to:  vote by proxy (by telling us how you want the votes to be exercised by the nominee).  We will only use any rights we have to vote for you when you tell us to do so.” hxxps://share-dealing.foolsharedealing.co.uk/Sharedealing/Public/DynamicContent/TMF/TMFShareDealing_TermsandConds.pdf 6) KILLIK & CO hxxp://www.killik.com/services-and-products/shareowner-services/  Follow the link  Sign-up for “shareowner services” at the bottom of the page and follow instructions on how to vote 7) TD WATERHOUSE hxxp://www.tddirectinvesting.co.uk/get-started/using-your-account/account-administration/shareholder-voting-and-information/  Each new event will be placed in your Voting & Information Mailbox and they will be listed in date order with the most recent at the top of the list. You can also sort the list by clicking on one of the column headings.  To view an event or place your vote click on the link on the 'Type of Action' column, for example 'VOTE', on the row of the company/event that you wish to view.  Note: If you click on an event in the 'Type of Action' column you will be redirected to an external website powered by Global Proxy Vote and Broadridge.  If you wish to unsubscribe to this service you can do this at any time. Simply log in to your account, go to Account Administration/Voting & Information Preferences and click on the 'Unsubscribe' button.  The above standard guidance does not appear to apply to Range, as subsequent detail suggests: “Subscribe online to receive all information electronically. You can view the documents and vote in your Voting and Information mailbox. Shareholder materials will be received electronically directly from the company in which you hold shares. Your chosen preference for the receipt of this information will be used wherever possible, but in some circumstances an alternative method may be used. Please note that the Voting and Information is only available for participating UK companies.” [RIG bold and italics].  It is therefore suggested that shareholders contact TDW on 0845 607 6002 or (from outside the UK) +44 161 819 6467 (Mon-Fri 0730-2100, Sat 0900-1500 GMT) in order to register their proxy vote. This has been known to work OK in the past. Not sure on their deadlines at present but best to aim to get your votes registered at least a week before the AGM. 8) NATWEST STOCKBROKERS hxxps://secure.natweststockbrokers.co.uk/nws-secure2/login.jsp  Log into your account,  Go to Maintenance/ Voting & Information Preferences and click on the Subscribe button.  Your account will be start receiving notifications around 2 days after you subscribe to the service.  We will then notify you by email of any upcoming events in shares held in your account and you can choose to send proxy votes or request to attend the meeting yourself.  Please ensure that your email address is up to date. Otherwise you will not receive your Voting & Information emails.  This service is free and is available on our BrokerLine Nominee, Self Select ISA and Monthly Portfolio Builder accounts 9) HALIFAX SHARE DEALING hxxp://www.halifax.co.uk/sharedealing/  To request to be able to vote please contact us by telephone on 08457 22 55 25 or by internet via our Web Chat service after signing into your account.  We will forward you notification for all companies where you hold stock as and when they are received by Halifax Share Dealing.  You can choose to either attend the meeting yourself or send us your voting instructions which we will submit on your behalf. Ability to vote is enshrined under Halifax T&Cs: “11.12 If you ask and where available, we will arrange for you to: • vote by proxy (by telling us how you want the votes to be exercised by the nominee company). We will only use any rights we have to vote for you when you tell us to do so.” hxxp://www.halifax.co.uk/filestore/HalifaxShareDealing_TermsandConds.pdf 10) EQUINITI SHAREVIEW hxxps://portfolio.shareview.co.uk/7/portfolio/default/en/Anonymous/Pages/Login.aspx  If you have an old style portfolio then just log in and select 'Company Meetings' from the left-hand menu.  Details of current meetings where you can send an instruction online will then be displayed.  Just click on the highlighted text to confirm your instruction.  If you have a new style portfolio then any company where you can send an instruction will have a 'Vote Now' link shown under the company name on your shares page  simply click this link and use the online form to submit your instruction. If you would like any further information contact us on: 0871 384 2030 (UK), +44 121 415 7047 (International) Lines are open Monday to Friday 8.30am to 5.30pm; excluding UK Bank Holidays. Calls to our 0871 numbers cost 8p per minute plus network extras. 11) BARCLAYS STOCKBROKERS hxxps://secure.barclaysstockbrokers.co.uk/Auth/SignIn To arrange a proxy vote (where Barclays vote on your behalf), please call us on 0845 601 77 88 or send us a secure email as follows:  Login to your account online  Select 'Contact Us'  Select 'Contact us by email'  Select ' General enquiries'  Select 'Other' in the primary enquiry category  Please fill in the 'Your enquiry' box with the name of company, date of meeting (if known), proxy vote or attendance(yes/no), account number where holdings are held & quantity of shares held.  Finally, Click 'Send enquiry' As the proxy vote needs to be lodged with the company registrars 48 hours before the meeting, please allow at least 7 business days notice to ensure we have enough time to arrange this for you. 12) IWEB SHARE DEALING To arrange a proxy vote (where Iweb votes on your behalf at the AGM) sign in to your account and chat directly to a member of our customer services team. Our instant chat facility is available Monday to Friday 8am - 6pm (closed weekends and English bank holidays). Alternatively Call 0870 412 7060. Our call centre is open Monday to Friday 8am to 9.15pm (closed weekends and English bank holidays). Arrangements for proxy voting are free 13) ALLIANCE TRUST There is an online proxy voting service provided by our Registrars. hxxp://www.alliancetrust.co.uk/ec.htm  Here you can register to receive communications electronically  An e-mail is sent to you when the document is available.  The e-mail will provide a link to a web page where you will be able to access and download the communication.  Whenever notice of a meeting of shareholders is sent out, you will be able to cast your vote here. 14) SELFTRADE Judging by some bulletin board commentary, Selftrade appear to be reluctant to offer the service of voting on your behalf. We would suggest that RIG members with Selftrade contact them to badger them to see if they would allow a proxy vote on your behalf hxxp://www.selftrade.co.uk/contact-us.php As a last resort we would recommend RIG holders move their shares to a broker who allows simple electronic voting 15) IDEALING Judging by some bulletin board commentary, Idaling appear to be reluctant to offer the service of voting on your behalf. We would suggest that RIG members with Idealing contact them to badger them to see if they would allow a proxy vote on your behalf hxxps://www.idealing.com/en/contact As a last resort we would recommend RIG holders move their shares to a broker who allows simple electronic voting. 16) LLOYDS BANK DIRECT INVESTMENTS (LLOYDS SHARE DEALING) Shareholders who are set up to receive voting papers should have received these around Friday 8th November – one for their investment account and one for their ISA (if applicable). These must be completed and returned in order to arrive at the Lloyds office in Leeds no later than 0900 on Wednesday 20th November. If you have not received papers then you may like to contact Lloyds on 0845 606 0560 (open Mon-Fri 0800-2115, Sat 0900-1300 GMT) - or by using the online help or email facilities - in order to have papers sent out or to otherwise have your proxy vote recorded, which used to be possible under the old Lloyds TSB Sharedealing umbrella which operated until earlier this year. 17) SVS SECURITIES Details awaited. 18) HSBC INVESTDIRECT HSBC will vote on your behalf either by:  Telephone (0800 328 1298),  Secure messaging on the HSBC website hxxps://investments.hsbc.co.uk/product/9/sharedealing HSBC require 3 days notice prior to AGM and a vote needs to be made for all resolutions. 19) SIPPDEAL . Please be advised that in order to process a vote at an AGM, we require you to send your instruction via our secure messaging system. In the message, please state the date of the meeting, and how you would like to vote for each resolution. Please send your instructions at least 10 working days before the date of the meeting. hxxps://www.sippdeal.co.uk enquiry@sippdeal.co.uk General enquiry: 0845 54 32 600 (lines are open 9am to 5pm Monday to Friday)
09/3/2017
20:23
smithless: loglorry - to be honest I don't know how the 300,000 odd warrants have been calculated, perhaps someone can explain, but if correct a lot of dilution. I shorted Cloudtag from 16p, which gave me sleepless nights, because the CEO just came out with bigger and bigger lies and the share price went all over the place. But the product have rubbish and I remained focused. I personally don't think it will come back from suspension. As for AVO, yes its a short just on the cash burn - its virtually uncontrollable. It has chosen a path by which it has no choice but to carry on. If it stops it has nothing. I was in a stock many years ago (lost a lot) which was in the same position as AVO. Millions went into it, much more than AVO and I couldn't believe investors (long list of institutions) would pull the plug. They did, just turned their backs on it. GONE. £200m into money heaven. AVO is in a terrible position and is desperate. Do I blame the management for what it is doing? No, it has no choice. Is it a short? Yes, but like Cloudtag, some days you will s*it yourself, but the shear number of shares hitting the market and a £50m plus hole in AVO's financial planning will IMHO see it go to zero. When? I have no idea. When to short? Anytime, but the GM, when announced, is the trigger. But if it doesn't call a GM suspension will follow swiftly IMHO. Dangers? A white knight with big pockets, but I suspect would want to see at least a working product, which is just too far away. Competitor will buy from receiver.
09/3/2017
15:50
jaknife: seans66, you should read my post again. You’ll see that I specifically refer to both the May RNS and the later 30 September one. And, as I highlighted, the 30th Sept RNS notes: the Company has agreed with Metric to waive this condition and to make the full £24 million financing facility available for drawdown, subject to completion of the Subscription and the implementation of an additional financing plan supported by banks and strategic partners which will not be dilutive to equity investors. If you believe that the Bracknor deal is non-dilutive then that’s fine, AVO won’t need to repay the original £11m to Metric. But personally, I don’t believe that. And as I wrote, particularly in light of the collapse in the share price, I think that AVO should update the market on exactly where it stands. Let us not forget that AVO have a track record of sitting on important financial information and then trying to spin the news when they do get round to publishing (Sinophi!). If you actually read what I’ve written you’ll see that all that I’ve done is simply highlight factual statements and then expressed an opinion. I’m sorry that you don’t like my opinion but if you’re long then you’re just as likely to be biased as someone who’s short. FWIW, I will happily change my mind if a sensible bull case was presented but simply accusing people of “mislead or make stuff up” (when they haven’t) isn’t presenting a bull case! If this is the share price reaction when just £100k of the loan is converted then what do you think will happen by the time they’ve finished with the remaining £12.9m? Regards, JakNife
07/3/2017
13:09
sweet karolina: I do not think people realised just how high risk and speculative this stock was. Think of other complex projects and how many of them end up going way over time and budget. Large corporations can absorb the impact of cost and time overruns, small outfits with only one project and no source of income will hit the rocks in the way AVO have when the inevitable delays and cost overruns occur. I am sure the technology, if it is as good as being claimed will find its way to market, but not to the benefit of AVO shareholders. Thales might be the ones to pick it up and run with it. Whatever deal Thales do it will be in the best interest of their shareholders and not AVO shareholders. There is only one way this share can go for now and that is down. Dilution will be horrible and 0p is a distinct possibility. If they so survive they will be trying to recover from a share price in the single figures of P and will have multiples of shares in issue compared to what is currently in issue. This is not about BoD lies, greed and possibly fraud, it is about commercial realities.
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