Avanti Communications Share Discussion Threads

[cancun tango] 22/3/2012 13:57

Military demand for bandwidth is there, but are the funds?

[johncsimpson] 22/3/2012 09:20

There goes the 243 target . . . 239 and then 235 come back into play.

[johncsimpson] 22/3/2012 09:06

Having thought this had likely bottomed in the 290p area during early February (with 250ish being rock bottom because of a long term support line), I started buying. Then that nice Mr Bulford surprised with a write up in the March RHPS and added to the series of positives re technical indicators that I use.

Being a trader I was hoping that all these 'positives' would combine to send the price up through the 330 area pdq and then I'd have sold anticipating that the share price would fall back and I'd wait for another buying chance nearer the Hylas2 launch.

It isn't happening and there is now a rather flat trading channel appearing between 240 and 255 (numbers taken from looking at intraday highs and lows). Clearly not the end of the world but until there is an RNS re this military contract that others keep alluding to or some other 'positive news', there is no obvious chartists reason why this state of affairs will not just continue.

The one glimmer of optimism is that the lows are becoming higher but until the highs start doing the same (we need some plus 256s and lows no lower than 243 to give a hint of an upwards channel), then I think we're in a state of limbo. AIMHO, of course. Interpreting graphs and indicators over short time periods is fraught with dangers and needs constant checks.

But it can all change very quickly . . . C'mon Tim.

[rajaster] 21/3/2012 18:29

colva.. dont think you've missed it..
let em slow burn.. i'd rather they got out before some big news and left us all feeling happy for hooking up to the rocket..

btw do M&G or any others hold any warrants?

[colva] 21/3/2012 17:55

Still no RNS re. M&G's holding , AVN have updated their major shareholders list on the website , M&G now hold 19.5% , but we haven't had an RNS , or did i miss it ?

[johncsimpson] 21/3/2012 13:37

Nailed it there Yorgi - C'mon Tim . . .

added at 2.30ish: it's been roughly 50/50 buys/sells since about 9.30 - buys keep edging away only to be pulled back. Getting exciting now . Will the bulls or bears win the day?

[yorgi] 21/3/2012 13:10

Something like the rest of us feel now :-)

[undertaker] 21/3/2012 12:58

How bad wil the Big Seller be feeling when this rockets up, after they've cleared out!

[someuwin] 21/3/2012 11:42

...It will all be worth it - soon!

[johncsimpson] 21/3/2012 10:22

Cheers GaryMott - good find.

Price creeping down nicely . . .

[garymott] 21/3/2012 10:12

Subject to due diligence, AVN has secured funding from Round 2 of the Regional Growth Fund via the Department for Business, Innovation & Skills to develop its Goonhilly ground station:-



Obviously a vote of confidence for AVN :-)

[johncsimpson] 20/3/2012 19:42

C'mon Tim . . .

[ttnyw] 20/3/2012 19:04

I wish I had!!

[sg31] 20/3/2012 18:43

I've got the patience of a saint.

[verymaryhinge] 20/3/2012 16:19

it's enough to try the patience of a saint, for sure.

[philo124] 20/3/2012 16:17

Need the patience of a Saint here.

[johncsimpson] 20/3/2012 11:24

C'mon Tim . . .

[newswseller] 20/3/2012 11:03

Bit touchy on here today. BTW I'm a buyer at this price.

[blue forever] 20/3/2012 10:03

Yeh,well it`s now 245.5,so are we going to have a running commentary on it?

[newswseller] 20/3/2012 08:46

your welcome.... bid gone from 255 to 243p now, not so good.

[johncsimpson] 20/3/2012 08:41

newswseller - 20 Mar'12 - 08:14 - 8090 of 8091

Is this the reversal now, going up on sells LOL

Not much gets past you eh? But nice of you to pop in from your busy day.

[restassured] 20/3/2012 08:14

Anything out there?

[newswseller] 20/3/2012 08:14

Is this the reversal now, going up on sells LOL

[johncsimpson] 20/3/2012 08:01

I've had a key day for AVN for four days now - perhaps today - FOGL, BOR to move today