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The mm's are driving all the covid stocks down daily, they nearly bear trapped the gap today and will no doubt try again, its just a day trading stock until further news arrives
All opinions are personal. Good old tautology.
Amazing how someone’s personal opinions simply become facts to support said opinions …..
Genuinely haven’t got a clue what your going on about. Advertisement contract?
The share price was always too high. Overinflated due to the expectation of future profits from contracts for cold hard cash. Instead we essentially got an advertisement contract with no guaranteed sales. So the expected profits were then jeopardised. Combined with a pathetic manufacturing capability compared to other companies, no UK contact, and being a British company selling to Europe just after brexit you have the perfect recipe for a crash in share price. Not deramping just speaking the facts.
Here’s an alternative link
https://youtu.be/X9HLX6650VQ
Yesterday Avacta Business update
https://www.youtube.com/watch?v=CiHYIrrgktc
Has a recording of yesterday’s presentation been released yet as I’d like to give it another lesson, I turned off after Al stopped talking and passed it onto the never never land business someone else rattled on about. It’s tanked solely because of the words Al came out with, without having re listened and from memory they may be able to ramp up to 5m in a couple of months UK only, professional use only, he put that across about a dozen times but never actually said when home use was expected. He mentioned European 1m a month, fantastic, but then said that would be a couple of months away. That’s why it’s tanked, jam tomorrow, had he come out and said GAD and Abingdon had made 50m and all where ready to ship this week having been ordered by hospitals across the land, the price would be up, it’s that simple folks.
Sky - you know the UK gov have been accused of cronyism? It must be difficult for AS working with them. But hopefully he will sell in Europe.
Soon we will be reading in the newspapers about how the rest of Europe is out of the pandemic. Or more likely - we will hear nothing about it in the news.
It is frustrating SkyMonkey,it's gone on longer than we all hoped,but we are about to jump into the honey pot now,so reasons for optimism. Good luck to all who have rode the waves.
Yes but very frequently on other shares was my point never or rarely here which I find odd
Filtering won't stop you deramping
Remember this
Every dog has it's day.... Scumbag
We just had news (RNS) and an investor presentation........ so no news isn't killing the price, not hearing the news the market wants is killing the price (along with an II selling)
And yes Vegas I do post on other shares. This caught me on a bad day, normally I'm not so vocal. Just a bit effed off with this bloody nonsense combined with a day off with not a lot on. So not ideal. Apologies for rants. Just annoyed. Cheers.
Would it be possible for Merkel and Macron to embarass Boris' Brexiters by securing all the best tests that also happen to be made in the UK? Surely not.
I should shut up because it doesn't fit your narrative? Troll boss? WTF, don't try that one with me.
I can say what I like. Don't like it? Learn how to use the filter button.
I make valid points that are fact:
Poor RNS
Poor Presentation
Share price sliding
No orders but lots of possibilities... But no orders.
I'm allowed to be frustrated and bring that frustration to the board. And I'm invested but seriously thinking this may be going the way of ODX and GDR. No news is killing the price...
Notice* am in garden sun on phone
Drinking wine my 60th hic
Skymonkey your not deramping?
Strange I don't see you on blue days
I have however noticed you post frequently on other shares
great summary multiben. That was spot on.
I am not deramping FFS. I bought more @ 2.00, 1.85 and then 1.76.
I'm just flabbergasted as to the sheer drop. I saw Avacta as being quite with it and together. The yesterday's car crash happened.
Others here are promising tests for airports and markets, that's great but fact is we have no orders, we've had a terrible presentation and a poor RNS. What on earth were they thinking?
I mean come on now.
Hopefully everyones still alive after the spanking? feels a bit like vaccine day part 2
A whole £1 cheaper than pre validation!
Agreed Infinis - why secure additional capacity if you do not have confidence it will be used?
I guess it boils down to whether you believe one of the worlds best-performing diagnostics will sell in a pandemic which is unlikely to abate for at least the next 12 months. Personally, I have every confidence there will be significant sales - I think these will emerge over the coming (several) weeks.
FWIW - I also think we will still see significant government orders: prioritising a British-made test has been restated as a key objective multiple times, in addition to a clear policy shift towards 'test to release' in lieu of quarantine. A significant LFT infrastructure has been developed and we have seen mounting evidence of this, I would be very surprised if this was then not deployed when warnings abound of a 'grim winter for the NHS'.
Finally, Al made clear we are still engaged with the Porton Down process, which - given the known difficulties we (and Mologic) have had with Futility Testing - suggests to me there remains strong interest on the part of HMG (why not go with an available alternative, like Surescreen, and reject us outright if this weren't the case?).
Ultimately, I am invested here for the technology platforms - which are incredibly powerful. I totted up the market value of antibodies in therapeutics, diagnostics and processes (in one document I read) to be in excess of $750 billion by 2025. For me, that's the prize - and the performance of our LFT has validated the underlying technology.
I expect the next twelve months to be huge.
GLA, DYOR
The tone of the presentation was more business like. AS has had to put down his test tube and the process of exciting developments he can enthuse on and instead try and explain the commercialisation and regulatory hurdles; all of which is new territory for him but actually the essence of business. He is tackling it though, hence the more realistic bruised post battle AS.
Yep Ben x 4 encapsulates why its gone down pretty much. Presentation badly managed also because it had people questionning what the demand is when that is not in question and the real story was that they have hooked up 30m capacity for Europe - which is a massive story even on his downbeat projections for margin.
What bebnen said