Direct competition from who can you expand?
If you mean NCYT, have you seen any S & S figures for their test? Do you know who their partner is. Is their partner someone with better S & S than Avacta. What about capacity? Have you seen anything but a paragraph in an RNS?
It was an excellent RNS from NCYT but I think I will wait for more info before I share your "concerns"
Sell then Dan. Believe it or not that is an option that is available to you.
You think its going to go down and down then sell........ I don't understand how its so complicated
Where did he say not targeting UK sales or are you making $hit up. I heard him say along the lines of at the minute government is giving them away for free (To me means not much point selling them in boots if the Government is giving them away) Said the route to market was through government in the UK hence the discussions with DHSC and PHE.
Having said that as I have said before more money outside UK.
If they UK gov want to drag their feet or buy $hit tests because they are cheaper then let them crack on and sell the best test to Europe, Asia, USA for double what the UK gov would want to pay. (which I imagine is a pittance) Its a business at the end of the day and I think you can tell AS is getting a little sick of dealing with them. (adding slow to that slide made me chuckle)
5m per month initially to UK gov at £1 profit
or
5m per month initially to the ROTW at £2 profit
Ill take option b thanks.
Full disclose profit assumption was pulled out of my a$$, also don't believe it will be 5m capacity per month initially, personally think that was Avacta downplaying capacity and gut tells me its closer to 10m)
I think some are reading 5m - 30m AS 5m capacity. I don't think that is the case he was clearly pretty vague and the range large. I think the true capacity is closer to the middle.
I have a gut feeling that capacity given what AS has said before is more likely to be near the 10m mark initially and then expanding. I think this is without overseas capacity so who knows maybe they will find an additional 5m in Asia/USA in the next few weeks bringing initially capacity to closer to 15m a month.
Just my opinion of course
Agree Ndn would have saved lots of speculation and 100s of posts on the issue ha. Its a good enough reason for delay given we are in a pandemic but must have had his reasons I guess for not telling investors (worried how the market would react?)
"The second and final audit was scheduled in March 2021, but due to a COVID-19 case at Avacta's Wetherby
site, the second audit has been split into two with the final site visit now occurring in early April. The Group is awaiting confirmation of a positive outcome to this second audit. This certification sets the organisational and operational framework for all current and future diagnostic product developments and it is an essential accreditation that underpins future commercial success."
https://www.investormeetcompany.com/avacta-group-plc/register-investor
We get rid of hardcore derampers and its replaced with the £30 a share (7.5 Billion Mcap) takeover posts lol.
A takeover may well come in the future who knows but lets be a little realistic. Enthusiasm is great but baby steps. I would like to see £3, £4, £5 first over the next few weeks and months.
Starting to feel like pound cake is infecting the board haha. Expecting blow back (I am a deramper, have an agenda.... again) so fire away I assure you not many $hits will be given ;-)
Excited for the presentation tomorrow gonna take an early lunch from work to watch it live. Hoping for more info about capacity, earnings from deals, AVA news. It "should" be a good day.
Dont worry Gibbo it intentionally made no real sense I was been simplistic and a bit of an a$$. Essentially just saying some people buy some people sell, if someone is selling someone is buying etc. Enjoy the toastie I want one now ;-)
One was an SI Trade on the LSE (whatever that means just noticed it was different from other sells) both were for the same number of shares and at identical prices. The other was XOff which I presume means an exchange between 2 parties?
Probably means f all but what else is there to talk about ha
I think its just that some people are selling and some people are buying and some people are holding. It could also be that someone is buying what someone else is selling but probably more likely that the person selling is selling to the person buying.
Just my view on it DYOR etc.