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(Alliance News) - Avacta Group PLC announced on Wednesday its AffiDX Covid-19 antigen lateral flow test has received a CE mark for consumer self-test use in the UK and EU.
Why do you think its going to happen before Christmas, I've always thought it would be around February for some reason especially around the cancer treatment drugs. After that I think there will be a slow rise until approved. Avacta are fighting against the LFT short term holders; Although it would be a major bonus, the cancer drugs are where the real money lies. I also thought they don't really want to encourage a take over so they need to keep quite for now.
https://uk.finance.yahoo.com/news/mercks-covid-coronsvirus-pill-gets-green-light-from-uk-regulator-111356103.html
Regulators in the European Union, and in the US, are still evaluating the drug.
Am I right in thinking unless an RNS is released we will have to wait for the figures on the annual results in April ? Other than that we can only hope and guess from what the news says.
If something big in the mean time lands there will be an RNS. I've really got my fingers crossed and I am willing to hold as I believe in avacta.
There's never any facts that avacta are selling millions, but theres lots of news about other companies.
The problem with a takeover at the moment is that the share price is way out of what it should be, because of the MM's; Avacta is a cheap buy. It's a little concerning how this is being suppressed, but that's why it shows great potential. If you notice it was being held at around 1.16 all day. Any buys was quicky adjusted with quick sells and they top up pretty much out of trading hours on pre-trading and post closure.
I'm totally convinced of this!! all they have to do is slowly cream peoples money off and slowly up there share ownership, then when the shares do correct they are quids in again. This should be against the law and investigated; all an investor really needs to do is hold on to there shares and do there research before buying and selling. Its hard if you see lots of sells in a day keeping the stock price level, the result being the share price doesn't really move on valid good news. Avacta has been kept at 1.16 all day today.
They also add subtle comments to the chats all day. They know what there doing
https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated
I think you have to look at avacta as a long term investmentand if you do it will reap the rewards. Who nows when it will peak, even if it goes up tomorrow, its not the end and if you get out you could regret it. In a year or so this stock could possibly be on the moon. In a day it may be at a sky level.