Ridiculous expectations and Little patience27 Aug 2020 09:23
Just a few points:
There is currently no test on the market that remotely resembles what avacta are trying to do. The only one ‘near’ to it is SONA’s and we’ve seen the underwhelming s&s which they’ve produced.
It takes well over a year normally to do what Avacta are doing with the LFT. The question shouldn’t be how soon can they get it out but how well can they do it. I think all signs have indicated that it’s going to have very strong performance.
Covid is here to stay for the next couple of years, there is no need to rush a test to market that could be outdone in 4/8 weeks when there’s long term sales potential.
I understand the frustration that’s come about due to AS’s ambitious timeline, but it’s a positive that they’re taking time to get this right.
To people who worry when you wake up at 7am and don’t see an RNS, or panic every time it falls 5/6p - do you really understand what you’re invested in?