Member Info for Gruffell

I too have had the dubious pleasure of having my phone call to Avacta ignored when I was asked to email in.

I emailed them on 12th July. And was ignored

On 26th July I tried to call them - the number had been removed from the site.

I tried to email to investors@avacta.com but was instructed by the web site that Avacta would not respond to investors any more.

So on 26th I emailed Avacta.LS@fticonsulting.com as requested and as expected I have heard nothing.

It is no longer incompetence, it is now downright rudeness and ignorance and worryingly demonstrates that they seem to have something to hide.
Has anyone else had this experience?

Only one small sale since 10.35am and yet no change in price.

I know about mms and iis but......ffs

Codejunkie

It's not about how long I think. I base my expectations on those offered by AS, mostly featuring variations of "Soon" which have been trotted out over the last year in various forms.
Virtually none have come to fruition in a vaguely sensible time frame.

But Marik

How far away is the horizon. I have had my eyes on it since early 2020 following my initial investment.

It seems to be further away than ever.

They have had 12 months to sort all this out. Al was "inking distributor deals" months back.

Surely the company should be required to comment?

600,000 bought post 4.30pm

700.000 more buys than sells on total volume of 6.3 million.
And this extra demand leads to a 14% fall in the price.
Whatever happened to Keynesian economics?

gmcc

Wrong answer
I asked about sales.
You respond with partnerships.
How many actual sales of the product has so far resulted from these wonderful arrangements?
And if you read my posting properly you would recognise that I think that I have been patient for more than a year in fact 15 months.
How long do you think is approriate? Especially when AS keeps talking about things happening "soon." We're over a year since the first unfulfilled soon

MrAdventurous

You completely misunderstand. You have only been here fro 3 months or so. I first bout at 78p in April 2020 and have lived through the highs of 274p when all was progressing smoothly..... and since then virtually nothing except growing frustration coupled with a determination to see it through.

Alastair Smith
Chief Executive Officer
David Wilson
Commercial Director, Diagnostics
Chris Miller
Director, Business Development for North America
Fran Mullen
Senior Manager, Business Development for North America
Joanne Soundy
Commercial Marketing Manager, Diagnostics

The 5 people named above are credited with being the leaders of Sales for Avacta Diagnostics Division.
A simple question, "How much in the way of actual sales of product, direct or indirect, have any of these 5, clearly bright and intelligent, people achieved in the past 18 months.

During that time (Jan 2020 to date) there have been 32 RNSs relating to the AffiDX® SARS-CoV-2 Antigen Lateral Flow Test. But not one has mentioned a single sale.

How many 10s, if not hundreds, of thousands of words have been wasted on here by frustrated share holders like me?

How much longer must we endure this, in the belief that one day before we are all in our graves we will have something to celebrate that is reflected in a significant improvement in our investments?

There is no pro-active sales promotion seemingly to Airlines, Sports clubs, companies. Do they think all they had to do was develop the product.

Avacta need to beef up their sales force. All they have so far is one distributor where the product is buried so deep in a sub-division of a UK subsidiary's list of products that you would never find it.

Whoops wrong board

I'm glad you took it in good spirit. Now all we need is for AS to pull his finger out to put smiles on our faces.

If all of that is true, and I generally agree that it is, why is the share price where it is?

Three consecutive sales , the only ones - 238 240 235 all small quantities within a couple of minutes

18 months to not develop the product and then they can't even get the form filling right.

They need to recruit a PhD in paperwork

Yet another day of nothing except diminishing value prompted by nothingness. Tedious, isn't it.

Web site is fully up and running. You must have been halucinating