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JoeyDiamond, I would add BRH to your list.
Everything needs to be thrown at this. The economic impact could be devastating. With Autumn approaching, do we have a perfect storm brewing of covid and Brexit (at the end of December)?
Test, test, test
Or we might get a surprise RNS of some sort in the morning.
If so then all bets are off.
Looks like the market is recovering a bit now and the S&P 500 (USA) was up today for the first time in 5 trading days.
This could move either direction tomorrow and I wouldn't be surprised. If I had to make a guess, I would expect short term traders moving out causing the usual drop - followed by a steady rise back above the opening price as stronger medium term money continues to move in.
Bojo has told us which direction we're heading in with regards testing and Avacta appear to be the only company who can deliver it - BUT it's not going to happen immediately so expect the rainbow chasers to sell out and return later (if they can even manage to get their hands on any shares when this inevitably blows up!)
I suspect there will be a drop and a churn of shares first thing. Difficult one to call, but with what we know - the short term share price movements are not of much importance (even though we all hate a red day).
Steadyyyyyyy.
That's my line :-)
Yeah, pretty sure only Awacta have a rapid antigen test LFD that’s almost ready to go. As a bumbling f’wit just said on telly...
‘That’s the hope, that’s the dream, that’s Awacta’
Nah just AVCT
AVCT/SNG/ODX you would expect to have very strong days tomorrow based on Boris statement.
Posted yest. Market research suggests close to $20bn market for COVID testing in 2020 rising min. 3% annum for forceable future.
Attaining only moderate Market share ,gives a potentially extraordinary outcome going forward( recall Alistair Smiths initial comments on pot. Market?!)
Production a challenge but in good hands. LFT assembly and extrusion moulding machines can be fast reached am sure...will need to be
GLA
All sounds good and promising, fingers crossed not long to go now but learnt my lesson about getting over excited with Avacta and until I see it in an RNS the Lambrini Bianco 2020 is staying in the fridge ;-)
Tony, I think you make a fair point here.
If the Government are going to spend billions on rapid tests and distribute them to households - to get the full benefit it must be in some way linked to an app which can record data and prevent cheating. With a lab test, this isn't such an obstacle. Recording results of a test which is carried out in the general publics own homes has obvious pitfalls. This can however be overcome with things such as QR codes, facial recognition and video.
The ongoing Saliva test, (ours, meaning Avacta’s) , the saliva test itself has been proved according to Cytiva, it’s the LFT linking up with the version and the NHS track & trace which is taking the time. Deals with Amazon, Google and Apple are all being pulled together to make this a world beating track & trace. It won’t be long and CV19 is not going away anytime soon. A test that produces a COVID free Passport will free up the economy, sport and travel. Avacta has the answer.
Super post Hants...
Tomorrow will be short term traders selling and serious investers buying. Which side will be stronger, we do not know.
What we do know is the Gov's only option is rapid testing. We also know Avacta are the only LFA being evaluated on CONDOR. Finally, we know there's two major manufactures preparing to produce our test on mass.
In addition, to our collective knowledge, there isn't a saliva LFA which is more advanced than ours.
Listening to Boris' speech tonight, it's a pretty straight line to Avacta!
Just be up, hate red.
I’m going up 7/8%
Wiggly must be out at the Mo, it was only 2 weeks ago he was saying we would sell 2x GDP of China
In your dreams daft lad....;-)
145
Hahaha
1.82 by close of play with no RNS
Come on AVACTA
GLA
160
Sorry