Advanced Oncotherapy Share Discussion Threads

[mrtruth1] 29/9/2017 22:10

Not "nuts" thanks though.

[sweet karolina] 29/9/2017 20:43

Receivables at 30 Jun 16 £1,043,693
Receivables at 30 Jun 17 £2,255,581

What do these relate to? They are not tax refunds as there is a separate line for them. They are not outstanding invoices as revenue is nil an will remain nil for the foreseeable future. More importantly are they actually going to be received in the next 12 months? Strange how they have doubled in 12 months, how much of the 2017 figure was also in the 2016 figure? Are some write downs needed?

[mrtruth1] 29/9/2017 20:37

You're an extremely patronising person. That's also pretty underhand to call people that. Get a life and leave our investments well alone with your accusations and negativity. Feel you may have lost out along the way in share dealing??!!

[sweet karolina] 29/9/2017 20:29

Inventories at 30 Jun 16 - £8,641,122 revenues in 12 months since - £0 was not a current asset then.

Inventories at 30 Jun 17 - £9,024,226 likely revenue in the next 12 months £0 Not a current asset now either.

Clear accounting fraud to cover up the fact that the company is trading whilst insolvent.

[mrtruth1] 29/9/2017 20:25

If things are as devastating as you guess why did the share price rise again today?

[sweet karolina] 29/9/2017 20:18

Payables have increased by nearly £2m in the 6 months - clearly they are not paying the bills.

[mrtruth1] 29/9/2017 20:14

JakNife do you still hold?

[sweet karolina] 29/9/2017 19:59

Potential Huge value in IP does not pay the bills. Net current liabilities at interim stage no cleared by post accounting date loan, plus we do not know how much of that loan went to pay off Bracknor and they are burning £2m a month

[baner] 29/9/2017 18:51

jaknife

of course it is my personal opinion - have i stated otherwise? if others disagree - please feel free to do so, i could not care less. this is what creates a market in these shares - some are pro, some are against. when i bought the shares at 11p, i assume the seller thought he or she did a smart thing dumping these shares. so many thanks for difference in opinions, jaknife - i live extremely well from people like yourself!

cheers

baner

[mrtruth1] 29/9/2017 18:13

Sweet K: Why would you invest here if you feel so strongly?!!! I totally disagree BTW. AVO bound to be a major player. Rough seas yes but it's called development.

[baner] 29/9/2017 17:52

sweet karolina

"insolvent" - where did you get that from? obviously they pay their bills and clearly there is HUGE value in their IP. please understand that the technology they have developed is revolutionary and will no doubt have an enormous value to the major players in this sector - this is well known in the industry and there should be no doubt they have predators considering a bid today. insolvent........have another gin and tonic - and a rest. cheers.

[sweet karolina] 29/9/2017 17:44

£11.2M cash burned in just 6 months!

Excluding inventories (which cannot be turned into cash) - Net current liabilities £5m!!

This company is trading whilst insolvent.

[sea and sky] 29/9/2017 16:45

wi1l29 Sep '17 - 16:09 - 3953 of 3954

probably AVO went the Bracknor route assuming they would still have the Sinophi deal and possibly others. The deals didn't happen and then the Bracknor deal looked wrong. But I;m impressed that they have sen that and backed out and the major shareholders have backed it. As I've said before either they're mad or they have a confidence we PI's sometimes lack. Either way AVO has got reasonable backing. And again as I've said these sums are not huge. Pocket money for some. I don't think they've dragged their heels on finance - just over hopeful on deals. But they're sorting it out by the sound of it.

It's more likley that deals won't be struck in full until H1 2018 IMHO. Sinophi pulled out for reasons we may never know but not because they thought it wouldn't work. May have been shareholder pressure - who knows what really goes on under the covers in China. The debt pile over there is scary.

Yes there probably will be a dilution at some point but we'll all have to make the call at that point. I'll be in.

[dave4545] 29/9/2017 16:12

Dream chart remains intact, people paying premiums for a bit of size. 25-30p range on Monday or easily at some point next week mm's bidding way over for stock and just a fraction under full offer on a 3p spread says this will keep going higher

[wi1l] 29/9/2017 16:09

All very positive with their words but they must be running out of cash by now or at least in the next couple of months, so would have thought they would have future finance organised already. Might be wrong but it seems as though they are relying to a large extent on their Swedish shareholders to come up with the answer(The ones I think who provided the last lot of money via a loan).Just doesn't make sense that if finance wasn't a problem for them to arrange it why hasn't it been done as a priority and then they could have included it in this report. They are risking all the good efforts (not to mention the shareholders investment)by leaving it to the very last minute to organise.

[sea and sky] 29/9/2017 15:33

well that is true but then I went with the last dilution and may well go with the next - of course DYOR but for me the company has a good chance with the excellent people they have on board. This is a long term SIPP holding for me anyhow.

[mrtruth1] 29/9/2017 15:23

It's all about the end game however we get there! Massive reward then.

[gerhart] 29/9/2017 14:27

If long-term funding does come through, then surely it will have to be dilutive/very dilutive to current holders? It's unlikely anyone will stump up a big load of dosh for interest payments alone, because of the risks involved?

[sea and sky] 29/9/2017 12:58

yes rare indeed mrtruth!

but whatever the future is for this company at least they try hard to keep us all informed within the constraints of RNS laws. They have to be applauded for that IMHO.

[mrtruth1] 29/9/2017 12:04

Sea and Sky; Yes! Some positivity! Rare on here. Nice one. ATB.

[sea and sky] 29/9/2017 10:24

nice update. well done AVO. of course this a risk for shareholders but you can't argue with there pluck. As we all know, if they make it through the night they will do exceptionally well. It's not as if they need huge money to keep going - some funds would have that in petty cash for the Xmas 'do'. Keep going AVO - a worthwhile business to invest in.

"In terms of our existing pipeline for the LIGHT system, we continue to receive substantial interest in the technology. We remain in discussions for a second site in Birmingham. As well as this, we are looking at a number of sites in the USA and multiple other opportunities in Europe, Asia and the Middle East. We retain full distribution rights for the LIGHT proton therapy system in China and other countries in South East Asia and remain of the opinion that this will be an exciting and dynamic potential market for our technology and are confident that we will achieve commercial success here, having received strong indications of interest in this region already.

Our confidence in LIGHT's commercialisation is also borne out by the desire from the scientific and clinical communities for technical improvements in proton beam therapy. These include rapid proton beam modulation (direction, energy and dose), beam size and improved treatment planning and execution, all of which LIGHT is designed to offer."