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For God's sake don't state the truth max. The truth upsets people in this asylum.
Bit worried where we stand with Covid19... looks like we loosing the race... and the fat cats of boohoo and his cronies have rinsed some of there investment here... if this drops below 120 I can see people jump ships very quickly..::I hope we can pull something out of the hat very soon!
Timster, you’re not sticking with the overly dramatic end of the world theme...
(Even though nowt’s changed)
Just googled and there definately hasn't been a competitors lfd (whatever the feck that is) released today. As far as we can tell there's probably only one other company in the running too.
On that note I'm not at all worried, sir Al and cytiva continue thier work. Along with all the other collaborations avacta are involved in. They don't give a flying fluck that some PI's say they are too late.
DOH85 the “leaky ship“ was PrimaryBid who ran the placing - they are well known for it. Nothing suggests Avacta have a leak we haven’t seen anything suspicious before any RNS... that why I believe it could be a surprise when it hits
Have I missed something? Why is tomorow going to be brutal?
Have a competitor released a world class lft device?
Dumbles
It’s very clear that lots on here haven’t researched this company...very clear
I think big al gave all his hard working staff a load of shares as a punishment for grafting to hard
Hey you young scientists I’m gonna give you a load of shares at £1.20 and I hope they will be worth nothing soon!!
How dare you work hard tho shall not be rewarded!!
It’s just normal fluctuations within a range, it’s recently been rising and you get the same number of posters (using their other aliases obviously) suggesting a leaky ship due to good news. Theorising is utterly pointless, I refer you to your own first point, you’re clueless.
DOH - I don’t think so.
The avacta LFT will sell in many millions. The test works - it has been accepted in to a major government programme and I can’t see how a company like Medusa would take such a risk in forming and hiring people, without a high probability of success via Avacta.
Always useful to take a step back and look at bigger picture than the buys and sells on any one day.
Apologies - final point, and deserving of its own space.
Observations of other players in the market tell you all you need to know.
When we get positive news, this is going to deliver many many multiples of today’s SP.
* worse before it gets better
Funny old day today re: UK testing in the press and avacta share price.
Here are some brutally honest points:
- none of us have a clue about what’s going on behind closed doors. Many of us are invested due to Covid. Whether we like it or not, the immediate SP is driven by progress on LFT.
- tension in this stock is used to manipulate easily. Members on here have different agendas - some want the sp to rise, others want it to fall to gain entry, some short the stock. Nobody here owes anybody anything and wouldnt risk injury to pull you out of a fire. We are all here to make money.
- those frustrated by the timelines are naiive. The time taken to deliver a best in class product cannot be underestimated. The market is so new and so vast. It’s hard to comprehend the potential this MAY have, If delivered against.
- successful investors buy and hold with conviction. A 14% loss is nothing for experienced shareholders who underhand that share price is temporary. The wheel of fortune is always spinning in both directions.
- tomorrow morning will be brutal. The fear driven through the decline of the SP ahead of placing is valid. As a result, I suspect this to get better before this gets worse,
- if avacta releases an rns due to share price activity, it’s a sign of weakness. I don’t suspect they give too hoots about shareholders impatient. They are working on a once in a generation opportunity that requires focus, patience and humility for all concerned.
I hold and will do so until any negative news comes re: LFT failing. I have no qualms waiting for a potentially life changing investment.
Cheers