Member Info for hants

This should do well today, brilliant RNS.

Timster that should be our next LFA RNS I believe... Aside from anything left field such as manufacturing partners and maybe Gov orders. Cant see the latter being RNS'd at this time though, for obvious reason.

Scratch that, I've just looked in my Awacta dictionary.

"Immediately: [ ih-mee-dee-it-lee ]
(adverb)
Shortly, possibly even during the summer."

TF, agreed. Furthermore, Sir Al finished one of his emails with this line:

"Anyway, rest assured we are pushing our partners as fast as is possible to get the Affimer test to market and as we hit major milestones I will let the market know immediately."

I agree £2 by Friday is possible depending on media noise, politicians etc. Anything is possible with an RNS. Assuming no external factors, as tomorrow goes,looks like we are going to hit resistance just above 180. Furthermore, ODX weekend tweet may move some money over there as people jump out here and jump in there for a quick trade, so tomorrow could well be a red day.

I'm not dewamping Timster. I have full belief in Awacta. We've got Waffimers and Wabingdon, need I say any more?

Awacta, search for ticker #AWCT.

HTH.

The only thing which indicates Mologic could be further ahead is their LFA antigen tests use in the Heathrow trials. The ODX board believe they are further ahead for this reason.

Whilst we don't actually know for sure, I don't believe the Heathrow tests indicate that Mologic are ahead.

This was simply an attempted proof of concept to leverage the Government into doing something which would of course hold significant financial benefit for all airports, probably none more so than Heathrow because of it's size, international flights etc.

Of course, it raises the question - why not Awacta?

Well, I don't think this is a difficult question to answer with even a small amount of common sense applied. Would Awacta, who are supported by the UK Gov on the CONDOR program, give a batch of tests to an airport so that airport could use them to pressurise the UK Gov... I don't think so.

Furthermore, they probably can't if the popular opinion of there being an NDA in place is correct - which I very much believe it is.

EVEN IF Mologic are ahead, IMO the UK Gov are surely going to be much more keen on Awacta's test for the following reasons:
1: Clinical validation on CONDOR. Yes, I know ODX are part of the rapid test consortium but they're only a manufacturer, it's not their test.
2: Performance. Based on what we know of Affimers, it seems it's going to be very difficult for any competitors to match the performance of the AffiWX test. Both in terms of spec/sens and robustness of the test.
3: Production capacity. Making the LFA's fast enough is a massive hurdle. We already know that Aquackta very much have their ducks in a row and again have the benefit of Affimers.

Do your own research but that's my opinion on it. Of course, as is constantly repeated there's plenty of market for more than one company. We want to be first though as the publicity will be incredible and the share price will go full space shuttle on us....

I hadn't thought of this. I'm selling my entire holding Monday morning.

Yes all closed PL75. Ive opened a massive leveraged CFD long now.

Better get ramping.

£100 excld China anyone?

175 ish was resistance until Jenny Harries on the BBC pushed up through. 175 ish now appears to be holding well as support.

Infor25, I enjoy this board very much but you are completely correct.

Early this morning I made a post about us having met a resistance level and was attacked by a couple of people for being a shorter!

Might I add, I was exactly correct until. Jenny Harries went on the BBC at around 10am.

There's some absolute trolls on here who deserve what they get, but anything even remotely negative results in an attack by other members in most cases.

Mologic are developing an antigen lateral flow device with ODX to manufacture it, who are part of the rapid test consortium.

Very little is known about this test, I would like to think we are ahead but we don't actually know for sure.

It appears Avacta will have more manufacturing capacity and that what will be the bottom line here (again, we don't know for sure but seems likely).

I am not short and my position is far too big to sell and buy back. I will however sell a few thousand shares occasionally and buy back cheaper, yes.

We've hit resistance plus I was getting NT to sell. Expect a fall back as usual, dont get excited.

Trickymatter, whats your source to say the Mologic antigen LFA is further on than Avacta's test? What information is actually available on it as I'm struggling?

Yes, ANTIGEN tests, though.

I've just wet myself.

Handjob is answering questions again this morning, this time on Radio 1 Xtra. May not be much to gather as Radio 1 newsbeat is the most condescending news program you can imagine where they believe all their listens are a bit thick. Could be worth a listen though - maybe he might even have his guard down a bit!

I may not be able to listen to it and they haven't said what time. If anybody can tune in and listen for any nuggets of info that would be good though!

Don't read into the number of minutes Phoenix. Handjob probably doesn't remember the amount of time for all the tests the Goverment are looking at/have looked at. Anything in under 30 mins would be an absolute game changer.