Avanti Communications Share Discussion Threads

[nugacity] 05/11/2014 09:36

Shorting took us from a steady £2.80/£3 down to £1.60/£1.80 in 'short time'.
It looks likely that the early birds (vultures?) still have time to make 20p or more by clearing their books @ £2.60 ish which I hope they do and go back to looking for road kill!

I have always expected our revenues to be suppressed from the first contracts whilst mutually acceptable prices are agreed by fledgling companies who were unsure if they could survive. In a proven market negotiations for future contracts could be less tentative - imvho!

I have stuck with my shares since #1 launch when I expected £7 to rise to £9 - those who sold at £6.80 must geniuses? A few director sales surely did not warrant a £3.50 drop? But this AIMS market is so volatile, it is guesswork from day to day. I have faith in the long term which is looking promising from the statement.

[wilksey1] 05/11/2014 07:45

more like shorters closing or somebody building a position behind the scenes who knows could be a bid coming we will have to be patient and wait

[jadeticl3] 04/11/2014 22:25

This is sufficient to make shorters nervous and holders hopeful. About time too, but it is all puzzling as to why now.

[sg31] 04/11/2014 18:39

If that's true...my heart bleeds for them. :-)

[megabear] 04/11/2014 17:55

I heard some stock on loan was recalled and a short was required to buy back and it got a bit squeezed.

[standish11] 04/11/2014 16:40

Jefferies the company's broker upped its target price to 275p so may have had some impact but have not seen the details behind their stance so not sure.

[sg31] 04/11/2014 16:36

I wonder what's caused the spike. Has anyone seen any rumours or press comment.

£3 by Friday. :-).

[monkeywrench] 04/11/2014 15:09

Interesting day so far.

[jeffian] 04/11/2014 14:59

Hmmm. If only the market just responded to brokers' "target price". Brokers' notes and target prices hardly worth the paper they're written on IMHO. I doubt it's just that.

[standish11] 04/11/2014 14:37

Jefferies has increased its target price for AVN to 275p from 250p hence the spike in the share price

[jeffian] 02/11/2014 13:34

It doesn't "get me going" at all. It was posted in response to you and Rogk saying (431/432) that there was "NO reason" for the price movement other than being puffed for an imminent Rights Issue, whereas it seems to me that higher-than-average volumes may be a perfectly good reason.

[megabear] 02/11/2014 12:35

Jeffian - I do not see the point of your chart other than showing that Friday's volume was marginally higher than normal, although not exactly striking. Of course you may see 500/- shares traded as rather exciting. I see it as not so much. We'll just have to differ on what gets us going.

[jeffian] 31/10/2014 22:44

Megabear,

No, not "especially", but actually. Volumes today are noticeably higher than usual.

[divinausa1] 31/10/2014 21:57

buywell2 22 Jul'14 - 06:53 - 397 of 440 0 0

AVN

Another Very Nasty

Example of how rampy posters over egg the investment pudding and luring the unwary and newbes into losing lots of their lolly.

Debt will most probably bring this down to earth if the space junk doesn't
=================

idiot.

[megabear] 31/10/2014 20:38

Again not especially. Volume nothing to write home about.

[jeffian] 31/10/2014 18:38

Eh? Volume today has been well above average.

[megabear] 31/10/2014 17:44

Not especially. Volume been pretty low so looks more like being puffed up for some sort of raise.

[revoman] 31/10/2014 16:08

If it were fund raising, the price would be dropping would it not?

[doc_oj] 31/10/2014 15:50

whatever the reason for the rise and however long it may continue, seems quite strong for the time being :)

[jeffian] 31/10/2014 10:27

I didn't think your money was on anything here!

[standish11] 31/10/2014 09:13

Tom W's friends and associates who have publicly stated that they shorted AVN at much lower prices must be hurting or perhaps they have/are closing their positions which may account for some of the recent share price improvement.

[megabear] 31/10/2014 09:05

Think you may be right Rogk. To get the next lot of debt away, they need to raise a further $100m in junior finance - aka - equity. So price probably being puffed up for that. I see that the existing debt is now yielding close to 11%.

[123prezzie] 23/10/2014 18:39

Deleted - wrong thread