Advanced Oncotherapy Share Discussion Threads

[mrtruth1] 19/7/2017 23:57

Total hunch! I see a company trying to bring something to the masses. For me that warrants taking a chance on them. Don't you ever take risks in life?! It's dull to just follow charts and facts, take risks you only live once!

[andy] 19/7/2017 23:40

mrtruth,

Well you either know because you're an insider, or you're just investing on hope.

Which is it?

I suspect the former.

[mrtruth1] 19/7/2017 23:02

Remember what I said about keeping the faith (?!)

[andy] 19/7/2017 21:32

twirl,

The 12% interest on the new loan is rolled over, so not payable until after the two years.

You can't deduct it from what the company will receive now, they have to pay in two years time.

So they have £1.9 million cash now, still not a lot at the current burn rate.

So what's next, a placing?

[casano] 19/7/2017 18:51

I'm referring to Segulah - in the RNS today. They have gone out of their way to arrange this funding, and surely will do so again. This II is fully behind the company and believe in the tech - NHS also want this tech - so market is already there an Segulah know this..

[vatnabrekk] 19/7/2017 18:33

I'm not sure what II casano is referring to. I'm assuming it's Brahma AG.

[twirl] 19/7/2017 18:27

The II will be part of the pre pac when liquidated. Not ready to liquidate yet - hence the loan.

Of the £3.9m loan £2m will go to bracknor, £0.5m in interest leaving just £1.4m - around 6 weeks worth.

No prospect of LIGHT being ready 2017, no revenue from sales likely 2017 and an earlier loan from Blackfinch to repay 2018.

The Directors missled investors in the Open Offer re Sinophi and took months to disclose Evans sales.

Does one buy Bracknors shares that are being sold into the market? Doubt it.

[vatnabrekk] 19/7/2017 18:17

Do you mean Brahma AG? If they were hugely supportive I would have thought that they wouldn't have stood by and allowed the Braknor disaster to happen.

[casano] 19/7/2017 17:35

You're missing the point - they have hugh backing from their II..

[vatnabrekk] 19/7/2017 17:27

AVO's CEO said "The Bracknor financing has been valuable to the Company."
Really? Just look at the share price since they started with Bracknor.
Anyway, Bracknor must be relieved to get out now. They must have been getting concerned about any further advances to AVO.
But the cash that AVO will have left over from the new loan won't last for long, with a cash burn of about £1 million or more per month.
What happens after that?

[andymunchkin] 19/7/2017 16:57

pumpersWilBeDumpers

[andymunchkin] 19/7/2017 16:56

uhav apoint

[sweet karolina] 19/7/2017 16:52

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.

[someuwin] 19/7/2017 16:21

Expecting a big rise here tomorrow.

[barnetpeter] 19/7/2017 15:59

A very handy profit for me after than rns. Good luck to LTH ....more of a chance now with this new cash. Bracknor out wont hurt....

[mrtruth1] 19/7/2017 14:37

I don't trust Sweet K's opinions sorry.

[casano] 19/7/2017 14:30

Sweet K - what rubbish, RNS: 'The Company does not intend to use the Bracknor facility in the future. As part of these arrangements the Company will issue 7 million warrants to Bracknor. These warrants are exercisable at 25p and may be exercised at any time over the next five years.'

[johnjohntaylor] 19/7/2017 13:59

Well I waited, read all the comments, and got in low yesterday. Way I see it:

Building work going well TICK
Finance being sorted TICK
Technology timescale TICK
Passion from Company TICK

Happy days ahead (already!)

Do your own research as I did, ignore the "experts" and follow your hunch.

I'm seeing big profit from this.

[sweet karolina] 19/7/2017 13:01

Bracknor will be dumping heavily into this spike to take advantage of the VWAP of below 10p that is locked in for 15 days. I would expect Bracknor will be wanting to clear their entire loan asap. As there will be no next drawdown there will be significant cash to pay back to bracknor on conversion. This will have to come from the loan money. It will not be long before the loan money is exhausted and AVO are staving for cash. Those who have taken the risk of buying would be well advised to take profit while they can.

[makeamillion1] 19/7/2017 12:20

As last year after the AGM today look out for a number of Director buys at this level in the coming days.

Still on the table I believe is a non dilutive financing deal with a strategic partner discussions of which were started in September 2016 and has been commented on in subsequent press releases.

Clearly it would also appear another equity financing deal could potentially be on the table by the end of 2017 reading today's RNS that would be clearly in the interests of shareholders should it happen otherwise today's financing facility would continue.

I wonder if the strategic partner discussions / equity financing could be one and the same? As previously speculated by Hardman & Co I believe could that strategic partner be Thales? That would make perfect sense and Thales with a market cap of 20 billion would be a great equity partner especially as they have commissioned two lines to build 8 machines a year and will be operational in 12 - 18 months time.

What do you think?