Member Info for G-Man11

Ndn71 why are you still on this BB? Surely you've sold your entire Avacta holding considering you consider it a dog of a share?

I'm sure you leaving this BB will be a timely welcome for the majority here

for the trees. This is another cracking distribution agreement and further great exposure for Avacta.

Have folk missed this part "The test will be listed on Calibre’s web site and available to be purchased by professional users".

I'm sure Alistair will go in to further detail this morning and I'm hoping he will provide clarity on manufacturing capacity (at present).

News on orders can and will land any time. Impossible to say what day that will be but I'd imagine Alistair would want to have something secured ahead of the presentation. He knows all focus will be on Affidx.

Is it Ray or Victor Meldrew?

For someone who's apparently invested in Avacta, he sure does have a lot of negative things to say......which begs the question, why is he invested?

If I become that negative with a stock, I simply move on to the next one I believe in.

Strange behaviour indeed.

I think that's obvious, they're not entertaining small businesses yet. They're clearly working on government and large commercial sales for the time being. That's a good sign.

Robbo, what was it your mate said?

Agreed PL75, the Gov need to be held account for this shambles. It's incredible to think that whilst they're currently under so much scrutiny, they'd continue to use a Chinese made, inaccurate and legally questionable product from Innova.

Id have thought if Avacta were stonewalled they'd have announced a joint intention to sue the UK Gov

Knowing what issues come with the UK Gov (including payments), do we really want to go down that road?

Personally, a large contract with them would be attractive but in genuinely not worried as I believe we will sell them elsewhere.

Whilst this would be great, it makes zero difference to us. Alistair has made it clear that he's targeting the EU and RoW. He's also made it clear that they wouldn't be able to keep up with demand and are seeking further manufacturing partners.

Irrespective if we are part of the UK plans, we will sell every test we make.

What I would question - why would we seek MHRA approval for 'professional use' in the UK if we had no intention on selling in the UK?

Does it really matter who we sell to if we are selling all we make? Let's not get hung up on something that doesn't make any difference.

Wildstar,

Exactly, all eyes are on them now and if they choose to continue with Innova, there's something fundamentally wrong with our Government. I think we would all be gobsmacked if that happened though.

Very interesting times indeed

In fairness to the UK Gov, there was no British test to buy/use at the time they tendered Innova.

It's either gods timing that Avacta has theirs ready for sale at the point the new tenders are being considered or its complete coincidence.

Either way, the UK Gov would be committing political suicide if they continued with Innova after the latest news from the US.

My opinion is that we will see Avacta being one of several selected to produce LFTs for the UK.

Hawks,

That comment was embarrassing. I bet you're cringing now after reading it back over.

Wow

Who was it yesterday that sold all their holding to buy odx??

throwing the kitchen sink at Biden tomorrow.

On a serious note, I don't see any way the UK Gov can circumnavigate the Innova mess and keep them on the books. This has to be the nail in the coffin for them.

Who does the UK Gov turn to then? Oh yes, the world's number one Covid LFT which just so happens to be British.

I think the brakes are well and truly off

Nothing wrong with that tactic and everyone has their own tactics.

Only risk you run there is that you may be locked out when the initial big rise comes.

Good luck

Wyndrum,

Some valid points made. One thing we do know, is that Alistair is running a tight ship. I believe all signs point towards us taking a slice of the next UK Gov tender, however I firmly believe that Alistair is seeing that as an added bonus and has his sights set on Europe and RoW.

I guess whichever way it rolls, it doesn't make a difference as demand will outstrip supply.

The main thing that needs done now is to pivot the interest in to orders. That's when we will see some real gains on the SP.

It's going to be very interesting to find out exactly what's being going on behind closed doors.

Wyndrum,

Why do you think Avacta would have opted to apply for MHRA approval if they had no intention on selling to the UK for professional use?

Surely they'd have just remained with the EU and RoW?

Maybe I'm missing something? Interested to hear your thoughts.

Cheers

Agree Mikey, as frustrating as the delays are, we know we will be selling 5-30m p/m to begin.

Always find it entertaining reading the posts from the derampers, desperate to drive the price lower to get an entry. For a stock they have no faith in, they seem to spend a lot of time on its forum.

Wyndrum,

What does it matter if 216p is tested..... unless you're day trading or swing trading?

Those of us invested dont worry about these dips.

Ive seen a lot of negativity today and it's surprises me how many of the negative posters claim to have shares in Avacta.. If thats the case, why are they worrying about dips, surely they must believe in the company if they're still holding shares.

Rollyroll,

I don't think any of us expected news on orders at the same time as MHRA approval. Its more likely that many orders we have lined up were subject to MHRA / EU approval.

I'd imagine we will start hearing regular updates soon re this. This is looking like a good month for us.