If Avacta weren't selling these tests in bulk, do you really think they would have upped their manufacturing with Abingdon and be looking to upscale even more?
Come on guy, your deramping arguments are just pathetic now. If you don't think there's value in Avacta then sell on and move out. This forum is for investors and like me, most investors invest in a company because they believe in where they're going.
Christ knows why those of you who seem to hate Avacta are still here spouting the same nonsense day after day.
Green boxs showing up already. I wonder what pessimism NDN, Eggy, Thirtle, Wyndrum, Coolfree can bring to this thread?
The twitter account you speak off seem to be very well educated, considering they've only just bought in to Avacta and created an account this month.
I'll say it..... its an insider
This is great news for Avacta.
Essentially, now we are over the worst of the pandemic, we need a more viable and streamlined approach to keep on top of Covid.
Having testing stations and labs all over the country carrying out PCR testing isn't viable or streamlined.
Having accurate lateral flow tests available and mandatory for certain sectors such as Air industry, sports industry, entertainment industry etc is the way to do it.
Yes, there will be others in competition to us but demand will be here for the foreseeable, so we stand in a great place to capatilise.
Clear as day, the Gov are wanting the public to feel reassured that lateral flow testing is accurate - as they slowly move away from PCR.
It's not cost effective to have covid testing stations all over the country anymore. Its not cost effective to have people travel to these stations, get tested and then have the results transported to labs that already over run.
It makes every sense to shift to lateral flow testing where folk can simply register their result online and scan the barcode of the approved device.
The world needs to get back to normality and this is the way to do it
How I can't wait until we get the next raft of news flow here to put Ray, NDN, Wyn back in their boxes.
Notice how they disappear when the SP is doing well and slowly crawl back out of their holes during the boring 'inbetween'.
It's good that they've become a laughing stock on here though.
NDN still spluttering nonsense on here haha. No matter how many people call him/her out, they don't take the hint. Thankfully they have zero credibility here and people have caught on to their antics.
If you read this NDN and you are invested like you claim to be, post a screenshot of your account on twitter for us all to see. That way, you may well get some credibility back.
As great news as this is, it's nothing to do with Avacta. Immunotherapy and Chemotherapy are completely different.
Portage is the company to invest in for immunotherapy - they have a pipeline including these drugs
Well done to LT holders. I've been in and out, shaking it all about but back in today.
Market hasn't clicked yet
Mogwhy, I think you may see a substantial change of sentiment in the vanadium sector come the end of COP26. No requirement for a raise (yet) as production is increasing, production becoming more efficient and vanadium prices almost certain to rise.
the director buys yesterday at 181.7p?
Bare in mind they can only buy when they don't know of any news that will significantly change the SP.
It's very telling they bought straight away yesterday - tells me they wanted more quickly before they have news to report.
This is a buy signal for me and we are currently sitting less than what they paid
field day here. They've jumped on the back of that news that the SFO are still investigating the matter.
Sorry to disappoint but this is completely normal in any investigation. Let me be clear, Petrofac is completely in the clear now, there are no trap doors waiting round the corner.
The SFO have found them guilty of the charges they pleaded guilty to - that's all.
The SFO know 'what happened' but they need to investigate 'why it happened' so it can prevent similar scenarios in the future.
Any deramper who tries to use this as a way of driving down the price is simply pathetic and wrong.
The SFO are duty bound to investigate on why something like this was allowed to happen. This is normal for any investigation.
Petrofac is now in the clear, completely in the clear.
Essentially, the SFO have concluded what has happened, it's now a matter of finding out why it happened.
I agree, although I don't think we will get contract news that soon (I hope I'm wrong).
I think we will see an RNS this week or next confirming we can compete for contracts in UAE again.
SP can now start to move upwards - nothing holding it back
will surely install confidence now. I'd imagine we will hear news very soon from the UAE that we are allowed to compete for contracts again.
Thought it may have tickled 200p again today but it looks like the market will have to wake up some more.