RE: Something doesn't add up...14 Aug 2020 22:13
@JRDC re your last paragraph. This is why I am not overly worried about what Medusa do as I just dont see the majority of the income coming from direct to Joe Blogg sales. They do have the tie in to distribution via their Boohoo connections I guess which could be useful in terms of logistics. Getting individual consumers to pay £15 for a test from a website that looks like it was made by someone on crystal meth (although it is an improvement on the last version)... I just cant see millions of people flocking there and parting with their money.
There will be income if the test can be sold direct to consumer no doubt (Great to use before visiting family etc) but the bigger pie is surely Goverment and medium/large business contracts (ie testing workforces, Airports, events etc) - I am sure the M&S supplier recently in the news wish they had the avacta test about now!
BBI Solutions also have their own app Novarum, could this be used on the business side if Medusa go with SaturnPass for the consumer side?
On a high note I am happy with my investment. I think the test will come good and I think Avacta will sell as many as they can produce but in my opinion I dont think the majority of those sales will be via Medusa. The test will sell and we will all make money (no idea how much) and while I will sell some if Avacta hits a price I intend on holding the rest longer term to see how the cancer stuff plays out.