RE: Business update 21st June - intriguing.16 Jun 2021 08:04
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.