RE: There on it!28 May 2025 07:22
You expect avacta to say that they're preparing for a takeover?
They are scaling the business, building the pipeline, derisking the trials and will be raising money which sets them up nicely for a takeover approach I.e. it puts them in a strong position when it inevitably happens. Right now they need to keep building the business as if they're going all the way. Ya know, just like prometheus.
Encouraged by these NED's appointment ls. Seems like they really are becoming much more commercially focused and ready for the inevitable next steps. Would they be doing this if P1b results weren't either as expected or better? No!
What's unfolding here is clear IMO