By Malcolm Stacey | Wednesday 27 May 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello, Share Fielders. A few weeks ago, Uncle Tom did the sums and pronounced that the valuation of Avacta (AVCT) after some spectacular share rises was ‘bonkers.’ If it was bonkers then, it must be mega-bonkers now as the price has risen relentlessly whether the action is justified or not and is now above 200p. When I first commended it to your researches it was less than 20p, but can this potential bubble stay unpricked for a bit longer?...
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