Member Info for hants

The problem with antibody tests, even if immunity is proven... is what next?

Lets say people with antibodies have immunity, what are you going to do with that information aside from create statistics?

If you give that group of people any special treatment, lets say for example being able to go on holiday and not quarantine on return... huge numbers of people will then actively seek to catch Covid-19 like children with a chicken pox party. Of course, those people may not feel they're at risk - but they will likely spread it to people are who at risk. The exact opposite of 'flattening the curve' would happen, meaning everything up to now is completely undone and the damage to the economy was all for nothing.

I am yet to here to use case for antibody tests for anything beyond gathering statistics, even if immunity is proven.

I just read this board for PL75's posts.

I was out for a lockdown walk the day that NCYT rise happened. I was on my phone desperately trying to get some signal to see what was happening. I managed to offload a touch under £5. That was a good day!

Hoping the BAMS RNS lands soon. Shouldn't be long now, I'm expecting it very shortly. Underpin the share price ready for the LFD 'big one.'

There will have be a lot of underwater sellers who just want out after being in the red. We will need to reach the previous high of 210 to clear them all. At the current price we will have cleared the majority, though.

C_H - Fair point, but I think you're in a minority there. I think most people would take the instant test and if it's positive, self isolate. If it's negative and they aren't convinced it's correct because they have symptoms, they would then look to confirm their negative result with a lab test.

Earth
1. Correct and fair comment
2. I'm not sure that anything has been pushed back? The CEO said as soon as possible during the summer, and summer ends 22nd September. That's over a month away. To be honest, I do think it will overun in terms of seeing them distributed on the shelves - but when you consider they're doing something that nobody else has succeded at and is clearly very difficult, I don't think it's fair to knock them.
3. Do you know a highly regarded hedge fund took a very large holding in that placing when they could have bought in for 20% of the price only a few weeks earlier?

not going to*
Sorry for typo.

I know there's probably a lot of people here who are very emotionally attached to NCYT, but honestly I think it's dangerous for people to convince themsleves that when Avacta bring their test to market (I say when as failure appears unlikely) that it's going to absolutely transform the testing landscape.

One can argue the benefits of lab and machine based testing, but the bottom line is the population will ultimately be choosing how they test themselves and therefore dictating which companies are and are not succesful. Convenience and speed almost always prevails, unless there's another overiding factor such as price. With Avacta tests probably going to be around £15 wholesale and £30 retail, they're going to be relatively inexpensive.

If a woman thinks they're pregnant - what do they do? Go to the shop and buy a pregnancy test. Lab tests are available and are more accurate, but who does that? Okay, I know that's slightly different but the general principle still applies.

Hold on tight, we're going vertical!

Publicity will move us upwards just as fast as an RNS.

AquaeSulis... in a few weeks, a much higher level of confidence than I would have right now!

Rapid point of care antigen testing will be a game changer for the likes of Europe and the USA... but an even bigger game changer in countries with lesser access to laboratories (before we go onto the issue of poor swabbing giving false negatives as that's a whole other matter).

Once these tests are available, it will be a big, positive turning point in my opinion. No swabbing issues, no delay for a result, cheap. Exactly whats needed in order to see some sort of return to normality.

Wouldn't be pinning hopes on a vaccine. Even if succesful (and there's many pitfalls) /.... getting people to actually take it will be a problem. I'm not anti-vax by any means, but I wouldn't want a vaccine which had been made in a rush without any longer term assesment of it. I've only spoken with two people who've said they would have it.

No success. I cancelled my limit order and bought at 146p. I thought it might complete at 145 but I'm not that fussed about a penny difference! It was only an extra 500 quid of shares and I've got a fairly considerable holding already which I've been building since 40p so it's not really affected my average at all.

I've got a buy order in at 145. Hopefully it fills at some point.

They've been using the name for a long time if you look on companies house. Its Medusa, not med u.s.a - that's purely coincidental.

I think it will be a bit more than a week or so. Maybe mid September.

Who has an opinion/thoughts on when we will receive the next LFA RNS?

I'm surprised we havent seen more upwards movement in the share price since the two recent RNS. Awacta are close to having what will probably be one of the fastest selling products on the planet, with no notable competition and no indication of any reason for failure.

How often does an opportunity come along with this level of risk vs reward?

I think this is going to be massive. In some ways, it might be a good thing it's taken a bit longer than most of us anticipated.

A few weeks ago, it seemed like everybody thought Covid was gone in the UK/Europe... autumn was a way off and people are short sighted in my experience. Most investors in Awacta are probably in the UK and people seemed oblivous to the exploding new case count worldwide.

BLM out the news and Covid back in as the main stories... growing fears of second wave in Europe etc. Having to wear masks will no doubt be keeping it more in peoples minds too. I think we might get a much more significant rise now than we wouldn've got if the big news had landed three or four weeks ago...

Just my thoughts, possibly complete rubbish - but lets not forget how much sentiment can move a share price.

The website is terrible, much like Medusa 19. That doesn't mean it's fake though.

The company is legit - as per companies house. Very promising indeed.

I'm not sure whether this is something Awacta will RNS though, as it's something being done by a third party?

Lateral Flow Test

Sometimes also called Lateral Flow Device or Lateral Flow Assay

I've bought a few more. This is over three times more than I bought most of my oringal shares for, but it's still a strong buy even at this level IMO.

Should be fine!

Only thing is that where I'm going is so remote there's no 3g/4g phone signal and internet is very poor, so not ideal from an investment perspective (albeit with a virtually 0% chance of catching Covid!)

Couple of weeks later but not essential if can't do it. Was talk of closing France/Spain border, might have to take the SS Rustbucket back from Santander. Could be interesting!

Not going near any towns or cities, I'll be at considerably less risk out there than going about my normal day to day life in UK so not remotely bothered about Covid, aside from travel issues...