RE: Company Needs to Clarify the Data18 Sep 2024 08:15
@benbenbenben, what's happened this week will soon be seen as of little consequence. Nothing has bad has happened with the science - it's good actually - and the company's situation remains the same - obtain some revenue in the coming months or another placing will be needed. As PPL wrote, a lot is lined up before the time when that placing decision would need taking.
I suggest that the data released in that poster, much of it repeated in a more understand form in the RNS, will suffice for now when explained in the planned presentations. Additional material data cannot be given without another RNS (which would look rather chaotic) and is in any case being held back for the full data release, which I hope will be in the form of a peer-reviewed paper - Avacta's first about the pre|CISION platform.
We've seen a lot of uninformed investment opinion about Avacta, pre|CISION and AVA6000, apparently including the latest Deutsche Bank note (which I've not read - where is it?), and apart from the basic truth that small biopharma companies need periodic topping up with cash they are unresearched and consequently not worth fretting about. They do create excellent buying opportunities though as, like yesterday, multiple stop losses get triggered.