Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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sky news AstraZeneca has capacity now to deliver 2 billion doses of its potential vaccine over the next two years
with help from bill gates etc etc sorry cant post link yet, missed that class in school
Serfice to say that's roughly about 1/7 th of the worlds population a year when they do eventual get one
that's cool I can weight 6/7 years for a vacine NOT
thank you for your wisdom as always sir
I don't think we need an RNS for a day or too, let the dust settle from this week and what a week its been.
I just need to recover from cutting my left Nagger off after my promise and conviction as with you chap that there would be know placing
was slightly miffed for couple hrs, don't like being made a fool of (especially by my self)
but I will say this, Alister has so far plaid a blinder I have even more confidence in him and the company than before
for some one to go from I want to cut there hair off glue it up his nose to make him look like a Walruss
back to I love sir Alister again is a great feeling.
all joking aside he has complete control of this company its direction and its SP IMOP
like I said he doesn't need an RNS today I think we will still be feeding off the marvelous hand he has plaid this week
dyor dyor dyor
and have a lovely day all
Good morning all,
This was my response to the message!
“Hi Shaheen, Thanks for your message. From my perspective as an investor, it is impossible for me to take a view on your message as I cannot verify if it is factual or an opinion as you can imagine. I have to look at the market, the position outlined by the company and take the view that they are presenting the truth and that the partnerships they have are based on solid foundation. In this industry taking risks is not an option especially therapeutics.”
I suggest we put an end to this as it is not helpful.
My belief in the future of this company has not changed and after yesterday’s update with respect to the pipeline and now with significant funding they look set to make good on as many of the projects as they can.
Cheers RK
You guys do realise that RedX would view themselves as being in competition with AVCT both for Cancer treatments and antibodies generally right ? Anything their CEO says should be taken with a pinch of salt.
Ophidian
I thought it was going to be AS has withdrawn the £45M and done a runner or something
Thanks Hants for your bravery in viewing The Email.
In summary, just a bit of a lame effort at deramping, as you said nothing of concern and as forever has said, there was very little knowledge demonstrated.
It lost all credibility when talking about boohoo and Richard Hughes selling shares. What does that have to do with the science behind avacta.
I’m happy to hear a contrarian view but not one based on ramblings.
Sorry Mikey. I should've made something up just to spice it up a bit.
My apologies if it was an anti-climax!
Very little scientific evidence for the points made here considering it’s come from a high up Pharma insider.
I actually thought there’s be some substance. Nothing.
Thanks for posting Hants, sounds like a disgruntled ex employee possibly, it reads like the type of document that deramper crew bosses hand out to their workers before they are sign posted to different BB's, so basically just deramper talking points, best ignored as always but thanks for going through it and debunking it anyway.
And there was me thinking the placing was the biggest shafting of the day.... is that it ?
Thanks Hants.
Nothing much in that email but sour grapes by the look of it.
Fair play.
The end of that post was supposed to say PLEASE BE RESPECTFUL.
This was not an attempt to upset the board, just genuine concern that we've now been able to address. If anybody would like to correct me on anything, or add anything, please do.
The information is an email which contains an opinion from somebody who apparently used to be very high up in one of the pharma giants and has advised Avacta in the past. The person who has typed the email doesn’t appear to be the source, so there could also be an element of ‘Chinese whispers’ anyway.
The email raises the following concerns in regards to investing in Avacta. In no particular order, just the order they are raised in this email:
1) Avacta are only of many biotech firms in the “test race”
My view: In a broad sense and including anti-body and antigen, yes that’s totally true. In terms of a rapid point of care test, it’s just Sona Nanotech and we expect to have a better and cheaper product than them – all being well of course.
2) Avacta are not very diligent before going to market. Such as basics tests not done, insufficient trails, tolerance test. Not good quality science.
My view: No idea if this is true or not, but it’s with Cytiva so not really relevant assuming the Affimers work - which we’ve already been told they do.
3) The test has not yet got regulatory approval.
My view: Quite right, and that’s why it’s £1.50 a share.
4) Share price rise is caused by BooHoo link up
My view: Maybe partly, but it had already gone from 20p to 150p before it went to 200p. We are back at 150p now anyway, and the fall was largely due to placing anyway.
5) Richard Hughes invested in Avacta about 5 years ago and since then the share price has gone up. He’s made a killing and might start off loading his shares to see return on investment.
My view: Big investors in any company could do this at any time, what’s the point here? Furthermore, the real money will be in the cancer therapeutics further down the line. Why offload now and miss the big show when you’ve been in for years already?
6) Big pharma’s are already in there with our Government eg AZ, so who would you put your money on?
My view: Well, the UK is a tiny market vs rest of the world And Covid is a bigger problem in other parts of the world than it is here. And even so, current testing can’t keep up. And it’s not even the same type of testing we have anyway! We are expected LFD device, plus BAMS which should give higher throughput and removes the swabbing issue. Not sure what the point is here exactly.
7) There is an appeal to investors who don’t fully understand the science behind the stages to get an approval.
My view: Probably a fair comment to say most of us don’t know the approval process. I not ashamed to admit that I don’t know. However, the LFD especially will have a massive impact in a world where economies are being devastated and many lives lost. If it works as we expect it to, are any Governments going to block it with red tape? I think not! Covid approvals are being expedited!
There you go, you can all sleep well tonight.
Thanks again to Shaheen for sending this to me. I can understand why he didn’t want to post it himself. PLEAS
If this turns out to be a my dad's friends neighbours cat spoke to the moggy from a guy that once knew the CEO of a little pharma company...…….
Ophidian
Absolutely ****ting it mate, can’t sleep
I don't know what info was shared, and I don't care.
I saw a much better story played out on BBC1 at 9pm tonight (Ambulance).
Cameras rolling in the control centre and call centre staff receive a call.
Caller: I'm bleeding - quite a lot, (sounding pained).
staff: Where from?
Caller: My foreskin, - it's split.
staff: How'd that happen
Caller: Well errr, kinda, sortof....W*nking...
No idea if it was for real, but nearly wet myself.
Good Luch AVCT shareholders, lets hope we don't have to wait too long for updates..
Cheers Hants.
This is like a script for a horror movie... once you’ve read it, you can’t post it...
Hants, appreciate you putting this one to bed. Personally, I wasn’t concerned at any point, I’m sure our newly acquired II in the US did plenty due diligence before taking part in the hugely oversubscribed placing today.
I have made contact with Shaheen and I can confirm he is genuine (and actually seems like a really nice guy).
He has been sent information which he has forwarded to me. I'm not going to do a straight copy and paste because it's somebodys private email and I don't feel that's the right thing to do.
I will make another post shortly with the key points raised and address them.
I don't see anything of concern so no cause for panic, but I'm sure everybody is extremely anxious/curious. Give me a few minutes.
Ken are you receiving? did this mental patient share anything with you or has his carer just left his ipad unlocked?
Well nobody gives a shiiite about the information. Read the RNS posted after hours, now we are heading one way. You should have got up earlier if you wanted a cheaper entry point, trying to deramp it now is pointless.!
This lot are all housed in a tiny room, probably 20 of them paying there share for the rent and being paid peanuts
To what end am not sure