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"... I remain very confident that the company will publish very meaningful data before Christmas."
I have to agree with Myles on this point and expect there to be data released before the end of the year. This looks like very exciting times ahead.
The Redx timelines for phase II are a good indicator. We seem to be three months behind them but they are talking 9 months post the 3+3 for initial data. Avacta forecast of 2023 therefore looking about right with maybe a touch of slack.
Vegas, it was just Myles saying in the first line of his post ".....but I’m incredibly excited about where Avacta is at the moment."
I was just saying It would be nicer to be that excited with a 300p SP right now rather than the price it was ( about 110p) when he posted.
It was just a bit of fun given my smiley face at the end of my remark.
Not everything has to be viewed through the prism of distrust just because I trade....
Whether or not anybody believes it but I don't have the facility to short stocks so when I buy I want them to go up. I did mention earlier this week or end of last, that I though at 111p it was a good place to buy. (which i did at 112p).
Not as good a call as Big H but i wanted some proof that the low had most likely been reached, so i have to wait for a bit of upward movement for various indicator patterns to kick in (hence the 111p trigger)
Been a while since we made a move on outside news and what better one than ‘we don’t have enough LFTs’
Give us your 30m spare capacity, give us some emergency approvals and we’ll make all you like
Who was saying LFTs were no longer in demand and sentiment had faded?
I wanted £10 6months ago and I still want it now!
Back in fashion.
Grrrr phone...FTI consulting.
Oh and RedX also use FDI Consulting...
I put the kitchen sink into this investment! .. and some .. I put it all on black 13 .. Fingers crossed ..
Wyndrum, Myles mentioned that he saw a potential 100 bagger from 20p but you'd be more excited at an sp of 300p
I'm far from the brightest but I don't get your logic or is it can't wait won't wait?
Thanks Myles.
LG Chem is looking good if you read their Patent.
There are many patents out there which mention the use of affimer(s) directly or as an option. IMO it certainly won't be long before we see more trials and/or products coming to market.
AS will be presenting to a bunch of investors on 30th and so will RedX in the same session.
They are looking at targeted cancer treatments and are very much a direct competitor of ours.
Having been faced with a similar situation personally at the point of launching our new Distributorship in the US we met up with a couple of guys who were known to us and in the process of doing exactly the same in exactly the same marketplace but with different key principals..so we approached them and merged before we launched..the synergy was amazing...
Would a RedX/Avacta merger be totally out of the question do you think?
“Why is Master Myles trolling the board again?“
You got some front.
Thank you mstar. Had not seen that document before. Preclinical data looks good. Looking forward to seeing P1 data next year.
Good update Myles.
Point Biopharma have confirmed the planned timeline for the introduction into the clinic of PNT 2004.
Https://investors.pointbiopharma.com/wp-content/uploads/2021/06/POINT-RACA-Investor-Call-Presentation.pdf
Great comments yet again Myles, thank you for sharing your thoughts. Ignore the non-constructive (destructive) comments and keep continue posting either on here or on twitter.
I find it difficult to be positive Myles due to the sp action over the past few months. Not quite well off enough to be completely phlegmatic about it. Esp. when I am overweight pharma as a whole and its not been flavour of the last few months. Still like many on this board I am happy to be a bloodyminded large holder and wait for one or more of the large opportunities to come good before even slicing.
If you care to read his posts, Myles responded multiple times to the trolls explaining why he still felt that Affidx was going to be huge for AVCT.
Jupiter closing its short ?
coolfree, how do you know they are the same ones?
Thanks for sharing your thoughts Myles.
It would seem there is indeed still a significant market for LFT's - given supply apparently cannot keep up with demand:
"Travel rule change delayed by lateral flow test shortage
Covid testing firms are facing a shortage of lateral flow tests, says Transport Secretary Grant Shapps.
He told MPs this was the reason for delaying the date when PCR tests will be removed for travellers returning to England.
The travel industry has called on the government to confirm when in October the rules will be changed.
Mr Shapps said it would take several weeks to switch from PCR tests to lateral flow tests.
Addressing the Transport Select Committee, he said the Department of Health was responsible for making the decision.
However, he stressed that his colleagues were aware of school half-term dates and understood the speed required to implement this change.
"But my understanding is that the ramp-up of supply of lateral flow [tests] through the private testing sector has some way to go [since] they have been almost entirely been involved in providing PCR [tests] currently," he told MPs.
When questioned by MP Ben Bradshaw about why this was an issue, since many test providers also offer lateral flow tests, Mr Shapps said it was a question of scale.
"We go from a situation where they are providing a low number of thousands [of tests], to probably millions of tests very quickly and need a few weeks to scale up on it," he said.
He added that the extra few weeks were needed for making sure the administrative switch-over when the rules changed went off without a hitch."
https://www.bbc.co.uk/news/business-58656292
ITM,if you believe you have no choice but to hold….:-)
Yes Myles. Agree. Matches the belief that AS has given up trying to ‘please’ investors with Jam. Binary news only - hence the slide and the new VOC, Tango (troll).
Keep it up mate. I don’t believe you read and let it bother you - but the vile abuse will abate soon enough.
I don't know about you Myles, bit I'd be even more excited if the SP was 300p :0))
Thanks Myles always appreciate you insight .
yeah but what about the meeting?
With all due respect, I'm not excited and that way I won't be overly disappointed. It's a better strategy for me and it's one I'd advise. Getting to £1bn for a small bio-tech can take some time. I've got the patience which is certainly tested through the volatility. If this is a future Roche then let's see it start delivering
Ladies and gents, this is how it works. The group will now come in, report it and get it removed. Let the green boxes do their thing