Member Info for Anders_uk

Happy with the results, that sets us up for 600M+ Euro in 2021. 100M euro cash on hand for acquisitions or organic growth expansion in to new territories too.

It's all about the tenders now...

It sounds like Rowka/Monty was taken out by a stop loss on the way down and has turned deramper, joining the other low life bot flies he's done battle with over the last 12 months. Shame he'd do this rather than just disappearing with the decent profit he's from the share.

I'll remind everyone we have heavy hitters UBS, DLA Piper and CITIC onboard along with our own very talented BOD. Two weeks ago we were informed that we have none-binding offers on the table and just over a week ago the DFS concluded. We're closer than we've ever been to a final deal.

The 27M share sale could have been handled better, but it wasn't the BOD's fault. If he needed cash urgently, whether it was for a house, divorce, margin call etc then it's his choice to sell if he owns the shares. He's retaining 3/4 of his remaining shares and options so still has a lot of skin in the game. He's not done a runner.

They can't make their mind up, I suppose it's one way of resolving the supply issue.

What a day in the office. Still holding and have confidence in our BOD.

This chap still has 3/4 if his holding, so he's not cutting and running although I think this could have been better timed out of hours. Some reasonable speculation on why he's sold.

See you all tomorrow 7am

CS, you talk like the government is going to put all it's eggs in Avacta's basket for future pandemics despite the lackluster performance thus far? Avacta have not been able to show they can respond quickly in a pandemic situation. It's new technology and I doubt there's enough data to confirm they can quickly adapt this technology to the next virus, or future mutations of this virus. Have they released data their test can detect all mutations thus far like ours can?

The government will want to place it's trust in a tried and tested technology, with a companies that have been able to respond quickly in this pandemic. The RNS below sums it up nicely, a saleable test available from Nova on 17th Feb 2020:

https://www.lse.co.uk/rns/NCYT/launch-of-ce-ivd-marked-novel-coronavirus-test-3kuv9ob3b0tupx3.html

"The Directors believe that Primerdesign's COVID-19 test is the first CE-Mark test for the 2019 strain of novel coronavirus and follows the Company's rapid launch of its research use only (RUO) coronavirus test on 31 January 2020. As a result of the CE-Mark, the Company's COVID-19 test can be used directly by laboratories and hospitals for the testing of patients without the need for validation by clinicians. The Company anticipates increased demand for its test for COVID-19 due to this extended use for clinical diagnosis."

We also developed the Mink strain test within a matter of weeks. If the next virus is more deadly, the government cannot afford to wait for Avacta to bring something to market, it's that simple.

We're coming up on the anniversary of this test launch and Avacta have yet to sell a single Covid test. I believe you've made some money supplying these guys though...

https://www.briscoesjellies.co.uk

Great to see a steady buildup before our Interim results. I still hold here, but use Telegram more these days as it's easier to use on a phone.

I see Captain Stanley is still smoking crack. Does he think the UK government will trust a company like Avacta to rapidly deliver tests for the next pandemic, or put their faith in to a company that delivered tests with weeks of the outbreak?

We make more profit in one second than Avacta's made since March.

91jonmo, we could be selling WK and MT to different companies. Rather than announce we've sold MT and then a few weeks later WK, it would make sense for the BOD to get all their ducks in a row and announce the sale of both assets at the same time. Imagine the chaos on the share price if we announce two separate asset sales a few weeks apart? Makes more sense to announce sale of everything together.

Investestor99, we've had none-binding offers which are an important next step in the process. It's possible the DFS is the only thing stopping these offers becoming a legally binding offer.

https://www.ilpabogados.com/en/the-10-key-steps-of-mergers-and-acquisitions-in-how-to-sell-a-company/

Great post Ian, we're the closest we've ever been to closing a deal.

On sky news, France are now demanding PCR tests to enter France including Hauliers.

https://twitter.com/DHSCgovuk/status/1349808504639541254?s=19

"To add to this, a fleet of 500 new and improved mobile testing units (MTUs) will be hitting the streets this week. MTUs were first introduced in April 2020 and they have carried out over 4.3 million tests to date. Over the past 9 months, MTUs have been the first at the scene at a significant number of outbreaks and critical moments, including testing hauliers in Dover and supporting the mass testing pilot in Liverpool."

We have already supply machines for use in mobile units, sounds promising for us. GLA

Great update, it seems we have more than one interested party #bidwar

GLA

Nice find Alex, we're the King of of the Kola. GLA

Merry Christmas all, I'm sure I wasn't the only one waking up 6.30 as usual.

Nice clarification and shows that we're always at the cutting edge. How many other UK manufacturers will publish their findings today? That says it all IMO, we are a great long term partner for government. GLA

Opening up at 9.83 in France so far.

Graham is promoting us as the fast responder for new strains and tests. Look Mr government, if you have our machines deployed you'll have access to cutting edge tests before anywhere else. GLA

PP, they bought an additional 34,817 shares for a total of 32,412,166

Another 34,817 @ GBP 0.4055

GLA

Friday FOMO kicking in, too risky being out.

Click on the institutions tab for more

Lots of new additions GLA

https://www.morningstar.com/stocks/xlon/eua/ownership