fish lips
26 Sep 2017
Re: Why the recent upwards creep ?? Given that the funding has changed and the dilution from the Bracknor arrangement isn't as pronounced then that's stopped the rot.I would imagine that the project is on track with the milestones so there's bound to be no downward movement and pressure on with that in mind then any buying would move the SP up, the volumes have been pretty small, so it could be just that, any bad news/rumours would always leak out and the SP would drop.The potential here is pretty big, if everything goes to plan, but still a big IF.I'm still holding, FWIW
Dubliner2
26 Sep 2017
Why the recent upwards creep ?? Does somebody know something I don't ??
Dubliner2
31 Aug 2017
Progress perhaps ?? When should we expect to receive the next morsel ??
fish lips
19 Jul 2017
Interesting RNS So looks like some shareholders thought, hang on a minute I'm seeing my holding dwindle here and I can get a piece of the action and stop my dilution with a better deal for me.The market seems to think that it's a good deal.
JakNife
30 Jun 2017
Re: Last Tranch from Bracknor? Bracknor waived the requirement to reduce the nominal:[link] they have this absurd arrangement where they keep issuing higher and higher fees.
Kenj2
30 Jun 2017
Re: Last Tranch from Bracknor? JakNife,No sign of that General Meeting you mentioned.The sp has been below 25p since the 19th May, so way over the 10 days set.From what I can see they are not in any hurry to lower the nominal sp, and are content to simply pay a penalty charge to Bracknor for issuing shares below 25p. The last £400,000 of loan notes converted to new shares cost AVO £190,000 in charges. "Additional fees of c.£190,000 are to be paid to reflect the conversion price being below nominal value of the Ordinary Shares. These fees may be paid in cash or deducted from the net funds owing to the Company in the draw down of the next tranche from Bracknor."
spankaroo
26 Jun 2017
Re: Once upon a time... The management are spending quicker than Bracknor can convert. See what the AGM brings on 19th July, but if it doesn't change it nominal value very soon the receivers will be knocking on the door! Its scr*wed either way. Has handed over the lease on Harley St and other assets, so a conventional loan out of the question. The unconventional loan in operation, will release further mega dilution.
charlesweeb
22 Jun 2017
Once upon a time... I had the chance to sell these for 115% profit.Can't see a recovery now.
marcher
07 Jun 2017
Re: Whats going on? UCLH operational in 2020.Newport operational 'within a year'.I guess these are both using proven cyclotron or synchrotron technology.AVO timescales depending on progress with LIGHT accelerator.Worryingly, nuclear engineering timescales are usually measured in decades!
Meanbugger
06 Jun 2017
Re: Whats going on? People seem to be ignoring some fundamental points. UCLH are building a new proton beam therapy treatment centre less than a couple of miles away from Harley Street. Proton beam therapy, although it is useful for treating cancer in children and in some parts of the body in adults, it is not as useful overall as conventional radiotherapy as it isn't powerful enough. Therefore once the UCLH facility is open you have to question how much unsatisfied demand there will be to keep Harley Street busy. This is assuming that AVO can develop a validated machine to install in Harley Street. From what I've read they can generate a proton beam with their technology and not much beyond that.Meanwhile the company is burning cash and issuing shares to Bracknor to keep afloat. The next set of results should prove interesting.
fish lips
02 Jun 2017
Re: Whats going on? The long and the short of it is that the SP has been hammered because of the funding arrangement. I suppose they couldn't get, although they did try to get some better deals out there. The issue is that it is unproved commercially so they have had to give a lot away. Like a lot of things everybody wants one, but nobody wants to be the first, with not just the end product but the installing, configuring, running and maintenance. There is a massive upside, is if it is as good as it is, then medium term there's massive uplift in SP. I'd imagine they'd be bought out if is by the conventional scanner manufacturers, as they will have learnt from all the mistakes that AVO have/will make and it'll just be part of a bigger manufacturing process.I bought in as a punt as there is potential to be a market leader and the benefits of that is massive.It just needs to work and not fall behind schedule too much, as that'll mean more costs, more dilution or potentially a sell to another company for buttons, as I'm sure there will be plenty of companies out there watching and waiting.
YLD91
01 Jun 2017
Whats going on? Genuine, potentially obvious, question from a minor shareholder - who went in over a year ago based on scientific and engineering evaluation of their plans. It's a solid idea and great technical facilities to deliver it. Since buying in - suffered share consolidation, massive drop, China pulling out of contracts, with an overall position at -80pc. Not trading, so not reactive, but rather investing in the idea itself - so what is going on with the share price? Is it really driven primarily by the punitive funding arrangement, terrible cash flow management? When will we see an upside, given that the actual development is on track? Thanks for all the views
Kenj2
21 May 2017
Re: day late... Definitely not From AVO.a) they do not have a working prototype, let alone a machine approved to treat patients.b) their machine does not incorporate a cyclotron. (See last two pictures - heading shown below)"The cyclotron accelerator, the "key component" for the proton beam machine, is lowered into place"
ybhere
20 May 2017
Re: day late... The Proton Partners International (PPI) I suspect are installing the older technology, not AVO's Light system otherwise AVO would have announced it. Unless I missed it.Unless I missed it, the only AVO system announced so far for the UK is the proposed Harley Street installation.I've emailed AVO for clarification. Whether they answer or not.YB
buy1get1free
20 May 2017
Re: day late... [link]
