Member Info for craiga24

Another coming out of the woodwork???

Really? I have done my research as have others and already knew about Innova (a while ago when it was discussed) so its hardly news.

Al doing his christmas shopping?

110k for a 2 bed in Wakey pffttt they will pay him 110k to MOVE to wakey.

Agree with the expectations. I do expect some news to come this quarter that will nudge the share price up a little but the biggy that we all want (At home testing) not until at least mid Q1 2021. Thats all good with me as said before no interest in day trading it. I remember when it dropped to a quid a fair way below my average and I did not sell then and no intention of selling now just becuase Al bought a house.

Maybe Al sold those shares at £1.80 and bought them back at £1.65 ;-)

On a serious note when I saw it drop my a s s did twitch a bit initially but now to be honest I feel right now exactly the same as I did yesterday. The man is entitled to do what he wants with his shares just as you or I am. You have shares to eventually cash them in and hopefully make money to spend on the things you want. Al wanted a house. If he had sold the lot then I may have a different view. I have found it amusing how there seem to be SOOOOO many new names on this board with opinions that I have never seen before (I have been looking at this board since April) I guess that tells you all you need to know.

3 weeks into Q4 I am not overly worried as I am looking at the medium/long term not day trading it.

As far as I can see trained professional needed and still nasal swab (although difficult to read so happy to be corrected)

https://static1.squarespace.com/static/5e8444f9372f7161749366af/t/5f252b2cb71b7012a5403a0f/1596271422787/TriedandTested+Rapid+Antigen+Test+v2.0.pdf

Innova test details for anyone interested

https://static1.squarespace.com/static/5e8444f9372f7161749366af/t/5f252b2cb71b7012a5403a0f/1596271422787/TriedandTested+Rapid+Antigen+Test+v2.0.pdf

Well my take on it was the millions they have already bought was likely refering to the optigene and abbot tests. The bit about trialling tests in the next few weeks - I think we may be part of this and I am hoping that means the 10k batch is done.

The bit about tests not quite ready yet I again I think is likely including us again especially after seeing that parliment document last week.

Personally think he was refering to a number of different test but thats fine with me I dont think 2 or 3 companies can produce enough to fill the demand there will be anyway so enough cheese for all. Patience needed.

For all those who seem to be struggling the last presentation from September can be found below.

https://avacta.com/wp-content/uploads/2020/09/Avacta-Group-plc-Interim-Results-September-2020-v2.pdf

All those querying timelines and progress updates can refer to Slide 29,30,31 for your answers.

I know very little about stock options so asked my mate Google. A quote on benefit of taking stock over cash. Last sentence I found most interesting. Hopefully a good thing but who knows

"Accepting stock options can save your company some money. An option gives you the right to receive stock, but since you haven't received it yet, your business has no tax liability. Once you exercise the option, you must pay tax on the value of the stock as business income. One risk to this approach is that by the time you exercise the option, the stock could be worth much more than it was when the option was first offered. Had you exercised the option early, you would have paid less tax and profited from the increase in the stock price."

Brian does rattle on a bit ha

yeah im on. Just introducing. Talking about how covid has impacted their businesses etc

I cant see £2 today which is fine by me (can see it by Friday). As long as it keeps closing up while we wait for news I am happy. Slow and steady. Having said that what do I know it will probably close at £3 now I have said that ;-)

Was a BS facebook story doing the rounds a few days ago identical to that.

My opinion of the new timescales was all about not pinning it down to "a few weeks, soon" etc. and managing expectations. He has given Avacta 3 months breathing space now to get on with the job without investors moaning he said soon or summer etc (That includes me I am guilty of it too, in fact one of the questions I posted for the presentation was asking if the company regretted been naive with their timescales)

I am happy to wait (and keep buying if I can) until January for any significant news if need be now that things have been made clearer. I do have a gut feeling that I wont be waiting that long though but I guess we will all just have to wait and see.

@Global. Not wishing to cause offence and with the greatest respect f**k off you melt. Avoided filtering you until now as I prefer all opinions but seriously sick of reading your waffle and fantasy trading. At least iceman888 now has company I guess.

All sounds good and promising, fingers crossed not long to go now but learnt my lesson about getting over excited with Avacta and until I see it in an RNS the Lambrini Bianco 2020 is staying in the fridge ;-)

Of course not or he would have seen the bit that said not suitable for mass testing

"that this test is not likely to be used for mass testing at events attended by thousands of people because the machine can only process one test at a time, with a maximum of 15 tests per machine each day."

Dont mind useful information but thats just lazy reading. "ohhhh this will cause a sir I will post out of context"

Some of you aint gonna like the post but Another 15 minute test (swab still I think) available in November. (aiming to produce a million per week)

“The first one is a visual read test (much like a pregnancy test,) which can be used and read without any laboratory equipment, making it perfect for screening in the community.

“The second test uses a handheld reader, which allows us to increase the sensitivity of the test even further.

https://www.derbytelegraph.co.uk/news/derby-news/derby-firm-makes-breakthrough-new-4527208

Goverment referring to pregnancy style tests, Many companies refering to having pregnancy style tests...... Does make me a little nervous not gonna lie. Any kind of news next week would be lovely please Al.

It was £1.45 this time last month and as I write its £1.76. Yup its not bloody moved at all. These are the type of sentences you get grief for. I dont filter you as some of your posts do make very good points and your right It probably will be October and thats fine with me. Having said that you also post some absolute horses**t at times like your first sentence for example.

If you are genuine and concerned anyway as I have said before in my opinion I expect the direct to consumer part to be a small part of the pie anyway (Still a nice bit of pie to have though). Goverments and Medium to large business (which may test employees) is where the money is at and Medusa do not have any exclusive rights on any of this.