The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Ray we had nearly £50m cash as at Dec 31 2020.
First class. But he appears to enjoy being called one, so suggest we all ignore him.
Usual Aim troll nonsense about cash
Filtered
Ray, you're such a tit
Whilst the focus here is on the LFT, I think it would be useful to understand how recruitment for the AVA6000 trials across the six UK hospitals has gone/is going and which other cancer treatments are being considered.
On the LFT front, I can't see why the date was chosen if contract news wasn't expected before then and given that the website refers to "local distributors", news on distribution as well. This could include Abcam, who are a confirmed distributor (not specific to LFT) but as we are talking to multiple potential purchasers then others are likely to be added.
Three days and we will know.
Onwards Avacta.
Inexcusable not to have news prior to the presentation given the guidance. I’m surprised we’ve not heard anything pro registration. I suspect we are working with the government but it would be good to know for sure. We’re almost in H2 ffs.
I really do think we will have a RNS on or before of the 21st
It would be to difficult and awkward to ask the questions that would be inevitable if we don’t have some sort of good news
Jesk I was thinking the same, it's the million dollar question, when is the test on the market and where are the contracts, otherwise a short business update.
When initially announced, the date of the investor meeting was inevitably tied up in everyone’s mind with so-called ‘freedom day’, leading us (or me anyway) to believe that there would be a major announcement about ‘ testing to release’ being the way forward. I then expected the announcement of a sovereign test in which Avacta played a leading role, thus ending the need for any NDAs
Now, of course, ‘Freedom day’ is postponed. What could Al do? Postpone his own business update until 19 July thereby increasing speculation to fever pitch, or proceed with a meeting that can only involve announcement of involvement in the sovereign test with prior permission.
Question is, does Al have something to announce reg EU or RoW contracts, or has he been left with egg on face due to yet more Gov incompetence?
If it’s the latter, I really hope that he will use the opportunity to come clean with investors and spill the beans on the whole Porton Down validation fiasco. I also hope that he will give us some insight into how he feels about the Mologic court case and whether he feels that the Gov has a continued commitment to support U.K. diagnostics or whether that idea departed alongside Dominic Cummings.
At present, I see no joined-up thinking in this Gov. Everything is chaotic and shambolic - apart from the vaccine roll out (which is why it’s all they focus on at every press conference.) Well even that will hit a dead-end soon. None of my three twenty-somethings is keen to get the jab, and I fully support them in this. Especially knowing that there IS another way to keep people safe if only the Gov would invest in it rather than spaffing money up the Great Wall of China.
Hopefully the official launch of the test. Following a 7am Rns. Or Rns shortly after the launch. Either way it is progress.
Lol, he will give you a few reasons why it will not, and then end the statement with "of course, it also could".
He is yet to be wrong in this board. I don't know how he does it...
What's your thinking Ndn ?
Genuinely
I find the timing of the business update intriguing. The last investors meeting was only eight weeks ago. What has really happened in the meantime apart from the CE marking? I am sure that a great deal has been going on behind the scenes, but nothing worthy of an RNS. Surely we must have some big news before the meeting otherwise the update will be a rehash of what we already know. Thoughts?