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You wont need to wait for long. Nothing has changed despite the comments from some 'reading between the lines' of yesterdays presentation. Key news flow is imminent and an RNS could land any day that will se the SP double from here. Innova are out of the game in August and between now and then something else will be taking their market.
AVCT current market £419m so only approx 103% increase required to reach my initial target .
How long will it take no idea but still believe it will happen .No doubt be a few more hiccups along the way but will also be key inflection points achieved (AVA6000 first patient dosed for starters + LFT deals announced ) Look forward not back - Avacta story has just begun .
Good luck Avacta team & shareholders
ShareHOLDER value is very different to share trader value! He is delivering long term value, we all know where this will go. Anyone that has been here since pre-covid...me included...has seen serious value. Anyone that is willing to stay of for a year rather than a month is likely to see very very significant value. A CEO doesn't give a damn about the SP in a given week or even month, his job is to execute strategy, not tactics, that deliver long term sustainable growth in line with the company mission....if you don't like that then sell up...simple.
Bloody hard day for PIs, hope they can RNS an order soon.
Not sure if today is the day to add more?
Good luck all LTHs
"People just need to get real. "
The market is real.
The market prior to yesterday was willing to price Avacta at a "premium". It was willing to believe that we were really close to millions of LFT sales. That the world was queuing up for our test. It was willing to wait for what Big Al had told them was coming.
Yesterday, Big Al came clean. The market listened. Accepted. And no longer is willing to keep that "premium" on the price.
It isn't a difficult concept to get your head around.
Today's price is a fairer reflection of the uncertainty of Avacta delivering. It doesn't matter. All Avacta has to do is actually deliver. The money will come flooding back and the share price will rise.
Deliver first now Big Al is the message from the market. And it makes perfect sense.
Code, agreed. I’ve never understood the weirdos that bash their own holdings. It’s one thing being critical, it’s another posting non stop nonsense. It can only be in the hopes of a better entry, so take the next ridiculous post about a placing or house as confirmation that they expect the price to rise.
Thanks PL75
Long term shareholder value rather than short term is what matters.
I have now got about 25% of my portfolio invested here and looking to add
Fair. I’ll give you that one sang, however his job is to deliver shareholder value so in doing that it goes hand in hand with the share price. He must be aware of the market reaction and know he now needs to deliver - as you’ve said and I agree - getting on with his job
trouble is PL75, some of the so called investors on here are hurting it more with slamming the company. Its real world, not everything turns up when you want it. If Amazon are late delivering your parcel, no one bats an eye - it just turns up later...although looking at some of the comments here, maybe the saddos do.
People just need to get real. The problem is going away and the solution is with AVACTA
I very much help AS is not monitoring the fluctuations of the SP driven by UK retail investor cucks.
Hopefully he is just cracking on with his job. The worst type of CEO is one that manages a business with an eye on short term SP movements.
A lot of cry babies here who have stuck their life savings into just 1 company and are now trying to blame others for their incredibly stupid decision to do so.
Good message, I was just thinking the same.
Fundamentals still the same, just timelines have been pushed back a month, but with testing going to be around for a long time, does that really matter.
This will bounce back, just need some good RNS to drop and 250 will be well with our grasp.
I think this kicking is more than a bit harsh, but it’s been fuelled by conifer and since rolled over in to a wider malaise. The basic facts are that we’ve a great product, but expectations of something happening immediately haven’t materialised, there’s no sugar coating it. It’s an over reaction given that the time horizons for Covid continue to be extended as it keeps swirling around the globe. We were previously sat near highs comfortable with 5m and with hopes of up to 30m. We’ve now heard that we could access up to double the high end. Medusa have invested and are cracking on with the self test, once life settles this will be important as the EUAs around the world disappear. It’s a sickener to see 30% wiped in a matter of days but it’s now crystal clear where we are. Deals are needed and each one will help with a re-rate. Even the lowest volume of 5m for 12 months brings in 90m in profit. Expectations are now clearly very low, there’s not much if anything priced in especially given that AVA6k is around the corner. Despite PresAl’s attempt at being upbeat at the end of the presentation about prospects, he’s got to be frustrated that he’s been led a merry dance by the govt. I would hope now he’s watching the price and now very determined to press on elsewhere to restore value.
That's great but they're not our test are they? Needs to pull his finger out and make the sales he implied he had lined up.
This time last year..
9 June Investors Presentation
10 June TR1 Conifer in
11 June SP down
12 June TR1 Baillie reduced and SP down
15 June SP down
16 and 17 June SP up
18 June RNS Affimers Prevent Covid Virus Entering Human Cells - Potential Therapy and further SP rise and back to over where it was on 11 June.
The huge drop then fast recovery was down to IIs trading not PIs. Once completed the SP was allowed to move up and then got a further quick jolt on news...
I think we are seeing the same right now.
My guess is we will see more news from July onwards and we were told that subtly in the Presentation...'from H2'...
As far as testing in Europe is concerned some of you need to start looking into what is happening in the EU....France for example has just announced their new policy for testing , millions of tests being given out to hotels, campsites etc plus special test force and quarantine monitors....etc etc...
They are determined to make July and August holiday season as safe as possible and are upping their test and Trace rules/campaign...