Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Today’s RNS shows that quite simply the commercial acumen of the top dogs at AVCT is not up to scratch. I have no doubt about the product or the scientific capabilities of AS and his team. Honestly hearing the man talk about the company excites me as much as any investor.
However, the constant delays, false promises and mistakes diminish my willingness to hold all shares on long-term basis, i.e post covid contracts. I was once of the mindset that I’d be invested until a large pharma takeover but now I’m not so sure.
Do not take this as a deramp but more so a query into how other investors feel given recent missed promises?
We’re all so engrossed, yet you’re the one sat here posting 20 messages gone 10pm on a Saturday night. A look at your contributions and you can see a sudden uptick the second some good news comes about.
Bore off you pompous prick.
Don’t get me wrong I’m not saying the corporate value is $90bn. I’m just trying to get my head around the RNS and that’s where I came to on the figures stated. It’s a tough read and one someone far smarter than me will need to explain.
I agree Lee a great summarisation of what we’ve got on our hands.
I do however struggle with posts like the above on the board, complete hearsay and no actual link to us as a company. It’s consistently resulted in the board being full of derampers bathing in the glory of us ‘missing’ a meaningless deadline/opportunity.
B
In my view this is really good for us. We were always behind the 8 ball on timing for the tender and now likely to be allocated in a contract more favourable for our release date.
Looking forward to the next couple of weeks.
I find it so strange to see LTH’s bemoan daily SP movement. If you’ve been here for any decent amount of time you’ve seen everything from 80p to £2 and most amounts a few times.
Until there’s CV and S/S it’s unfair to expect any real SP movement given past delays.
Save yourself some anxiety and hassle and stop checking every hour, it’ll do you the world of good.
https://twitter.com/buy_buy_bye/status/1326289064094539776?s=21
This sums up the potential we have here for me. If Avacta can get the numbers right the revenue will be multiples and multiples of the the current marketcap.
In my eyes this all but confirms what AS said on Monday, he’s taken his time made the tests great and just a few more hoops need to be jumped through.
Hopefully this inept govt can get Bams through Condor at some point and avacta can begin to help the country to its feet. An exciting few months ahead.
I was thinking the more deramping 120p group Sage rather than yourself, while I agree it’s unclear I don’t think it’s something to worry about. Unless you’ve heard word covid is disappearing in the next few weeks?
A great RNS this morning. The main two things for Avacta are producing a high performance test and meeting the demand for it. That is how us shareholders will be looking at +100/200% in our portfolios in the coming months. Whether the test is out tomorrow or this time next month further validation of its performance by new manufacturing partners is a huge positive.
On another note you can tell which of the day traders forgot to buy their shares back at 16:29 yesterday hahaha