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Tick up, could be a nice afternoon ahead.
There were also 4 * 500k earlier this morning. PIs need to just remain patient and hold for further gains as the new management have only been in for a few months, long way to go.
nice, 800k delayed buy just showed up
absolute bargain at 2p, easy 30 - 50% gain
Glad you got back in at a reasonable price. I think this is one that will grow very well over the long term.
It's a slow burner, the market needs to catch up. I would rather have a steady rise than a series of spikes....
I got back at 2.1, really shocked it has not past 2.5p yet.
Saved some funds incase they do a placing, Avacta love a placing, the company could do with a big cash injection to take it to the next level.
Flying here today
Very high probability that this test kit will succeed and thus become a very valuable additional USP for their Microtox LX analytical unit. Just what the world needs !
I will try and get back in, we have all done it before.. I thought I had more time and that a placing was on the horizon.
Hoping to get in under 2.5p.
Well done to them that was here before the new management team took control, you deserve this day.
Not one to be out of here, quality stock/product/managment ...rare these days and i have have always left a fair amount sitting here for days like today....but i wont sell as this is for me one investment for the long term as i can only see it increasing in value due to the above and current climate.
gla
You should’ve kept some due to the fairly recent RNSs from clients in India and China sounded like more business would be secured in the near term.
This is massive as the 3,000 will be retrofitted and you’d imagine many new clients microtoxes will be ordered. Great stuff and they’ll be getting on more radars.
Unlucky Parkz. This is a massive leap in recognition. Interesting times ahead.
Hands up
.. sold last week to top up elsewhere.
Nightmare, did not that coming.
13 July 2020
Modern Water is pleased to note that Integumen plc ("Integumen"), the Company's reagent production agency partner, has entered into a collaboration agreement with Avacta plc ("Avacta") for the evaluation of Avacta Affimers for the real-time identification of localised COVID-19 hotspots in wastewater, from which authorities can be alerted through Integumen's real-time alert system to prevent the spread of the disease to the wider community.
Under the collaboration agreement with Avacta announced by Integumen today, the two parties have agreed to evaluate some of the recently generated Avacta Affimer reagents in next-generation sensors based on the real-time bacteria detection and alert system1 developed by Rinocloud Ltd, a subsidiary of Integumen.
Once initial testing of the Affimer reagents is completed over the next few weeks, validation of the sensors will be carried out using real SARS-COV-2 virus samples in a containment level 3 laboratory at the University of Aberdeen. Upon successful completion of the evaluation, Integumen and Avacta intend to enter into a supply agreement for the supply of Affimers into Integumen's sensors with the aim of integrating these sensors and retrofitting them into Modern Water's Microtox water contamination system units to detect COVID-19, with the potential for Modern Water to play a key role in sales, marketing and distribution of the upgraded contamination detection systems. The Microtox system, which can detect the presence of contaminating bacteria, virus and toxins but not yet identify them, is distributed by Modern Water and has a global footprint of over 3,000 installations.
Simon Humphrey - CEO of Modern Water, commented:
"We are delighted to be in a position to have a distribution channel that can make the most of the roll-out of the real-time novel sensors for the detection of SARS-CoV-2. Scientists around the world are developing ways of using sewage to locate new infection hotspots and track a second wave of COVID-19. The completion of this evaluation which, if successful, could identify the level of infection in a community without the need for testing individuals is a very exciting breakthrough and we look forward to working with Integumen to make it happen."
Gerard Brandon - CEO of Integumen and Non-Executive Chairman of Modern Water, comments:
"Modern Water has 30+ years of recognition, through the Microtox brand, as the Gold Standard in water contamination detection for equipment that has been sold, and known, across the world. Adding the first real-time detection COVID-19 virus alert system into a tried and trusted Brand, making the world a safer place, is something that management and Boards of both Integumen and Modern Water want to achieve by this cooperation. The Microtox distribution channel is a giant step to achieving that goal."