The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.***************************/avacta-group-geared-up-to-bring-high-quality,-high-volume-lateral-flow-antigen-test-to-market-interview/412959839
I have been with AVT since January! I have 10k less shares than before as I had to dump some on spread as couldn't finance them anymore - still holding more than 200k between spread and shares,and all I can say is ' I will believe it when it happens' not before- as we have surged twice to £2 and fallen back 50% - with no contracts!
Timing is what it is all about but none o f us know when Sir Al will stop decorating and let the bird fly!
Totally agree
I am a large investor currently losing 6 figures!
I am extremely frustrated with the timing - Sir Al was communicative and we seemed to be on track in playing a huge part late summer early Autumn!
We now are struggling to even be involved .......and thats the basic problem! Without any announcements noone can even comment! We need announcements good or bad but either way every day is costing the Company zillions......but hey Sir Al is not in at the moment - he's decorating!
Agree GG ....the timing is poor and so is the transparent communication ......
As shareholders we should be consistently informed of where the Company is on a regular basis and this is not happening......which is worrying in itself
The essence is and always has been timing!
Avacta , however difficult the task was, have missed the biggest opportunity to become a famous name. Imagine home spit tests everyday for everyone. Positive stay in - negative go out - this would stop any lockdown and minimise the virus completely!
Its not too late BUT if the vaccine is successful then the optimum timing has been missed.
But Sir Al has a new house so hey ho all is good.......
WHat dont you believe Aurora?
I have been open and transparent - just expressing my worries on timing!
I have large holdings as expressed and probably too much in one share but originally I was as convinced as I could be - timing is making me worry! (What is not believable)
I know the largest investors well and they wouldn't worry if they lost their investment - I would ......
At 1.74 I think of selling and waiting to buy back ......as I would think most would. However if I glean that the approval is imminent then I will wait!
I do not want to wake up to a 1GBP share ........thats it in a nutshell!
Are you all so confident that the approval will happen ? I am personally but when and what will the share price be when it happens........
No one is lying - Sir Al , of course, is confident and generally so am I - however timing is key and we are not the only source of a quick test . Heathrow will ramp up their tests - can we then walk in and replace it with ours?
Hence many opportunities will disappear as we take more time! Thats all - wanted to hear if other large investors are a little nervous like me on timing - no more no less!