Avon Technologies Share Discussion Threads

[ch1ck] 30/11/2022 15:31

Waiting for a reply from Avon we may get a release statement

[conwyrebel] 30/11/2022 08:53

Agreed that was mechanical. The company need to make a statement

[18bt] 30/11/2022 08:32

I'm not sure that's right as it was effectively announced in 2020 so it was a purely mechanical announcement of a release of previously announced shares. i.e. I'm not sure that it would have been stopped if they had material new information.

[mcmather] 30/11/2022 08:00

I reckon that they did that - ie no material change here - with that RNS at 14.00hrs yesterday; if there was, they would have had to say something at that time. That was a nothing RNS, so no need to release intraday?

[18bt] 30/11/2022 07:24

Still nothing from the Co this morning.

[jackdaw4243] 29/11/2022 20:26

I didn't top up be added a few to ease my offside position, still offside.

[conwyrebel] 29/11/2022 16:29

Statement from the company would be helpful saying they are no fundamental reasons for the price drop..!

[conwyrebel] 29/11/2022 16:28

Prob someone caught up in crypto issues and needs zee cash.! Over sold!!

[celeritas] 29/11/2022 16:04

Avon Protection was under the cosh on Tuesday after a share placing.

According to traders, JPMorgan placed 1.8m shares for an undisclosed institutional seller at between 1,061p and 1,100p.

At 1110 GMT, the shares were down 12% at 1,036p.

Avon specialises in the engineering and manufacturing of respiratory protection equipment for military, law enforcement and fire personnel.

[michaelfox] 29/11/2022 13:01

Hi Liam - thanks for the info and makes sense. Out of interest how did you find that out? Thx

[topman1966] 29/11/2022 12:19

Just topped up . Cyber Monday prices

[liam1om] 29/11/2022 12:10

Yes, nothing to do with the company. On a bit of support here chartwise, so a decent point to buy.

[conwyrebel] 29/11/2022 12:09

Someone needs the cash it’s a tactical sale then not a fundamental sale

[liam1om] 29/11/2022 11:44

It's a placing from an institutional seller: JPMorgan placed 1.8m shares for an undisclosed institutional seller at between 1,061p and 1,100p.

[ch1ck] 29/11/2022 09:40

It seems to be a tactical move I'll call Avon

[conwyrebel] 29/11/2022 09:35

I checked on stockomendation and there are no new short positions opened or new broker recs/tips posted. Maybe it’s a holder caught in the crypto crisis needing the money?

[pdwop] 29/11/2022 09:03

Asymmetrical access to information???

[peter oconnor] 29/11/2022 08:45

Who's done all the selling ?
This stinks

[fuji99] 29/11/2022 08:43

To drop suddenly like that is either a loss of a big contract or some kind of testing failure.

[ch1ck] 29/11/2022 08:35

Yes something up. It could be a tree shake to pick up shares on the cheap or really terrible newsI think the former

[c0cky] 29/11/2022 08:33

Any ideas?

[terminator101] 29/11/2022 08:10

Falling off a cliff. Somethings definitely leaked ?

[lomcovaks] 22/11/2022 11:19

A mixed bag, as you'd expect half way through a restructuring but enough to put a floor under the current share price and advance on future good news.
I'm about 4% of my pf here and will increase to 5% on weakness.

[ch1ck] 22/11/2022 08:22

Picked up 5000 more at a great price It will take a little time for people to fully digest the very positive news