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RB40, that is very significant news. The more you look at this the more I think the only problem (good one to have) is how we are going to make enough to satisfy the demand? I'm hoping this gets talked about tomorrow.

There is our nice and somewhat predictable tick up. Timing is good, with our presentation on Wednesday and the new financial year starting next week I'm very hopeful this is just the start of a bit of upward momentum and...Good feeling we will stay comfortably in the 30p's (minium) this time around....let the good times roll!

Strange, I still can't buy anything over 5k. Usually means a upwards SP coming but being DVRG,it seems to be taking its time...Big orders being filled? Anyone else getting negotiated orders? I do my share dealings through Halifax.

Can't buy a bean, tick up coming. Could this finally be our rerate!

It sounds like some are missing some LSE / business fundamentals here.
1) if a company goes into a collaboration, gets test results back, changes direction in anyway etc, then they MUST inform the market via an RNS. They are the rules so not sure why some seem to be annoyed that GB is simply following the rules and keeping us informed?
2) I'm not sure if its Muggings and his magic wand infulance seeping through but you will never find another company or goverment etc, signing a contract to purchase something that does not technically exist yet. New products need to go through a process first and that is what DVRG are doing at the moment and, i might add doing it very well. Once said process is complete (product finalised, tested, manufactures, admin and logistics protocol ready etc) you can start expecting contract orders to confirmed and signed.
Too many get rich tomorrow fol here, new and improved revenue streams growing all the time, a company that keeps smashing there income targets, water, skin, medical, A1, mass data...sound like good future markets to be in?
Chill people, SP today does not matter. One day the big kid standing around the pool will sudenly jump in and then all mayhem will be let loose as every other kid thats been waiting all pile in moments later....BTW seen shares like this before and this can often happen without any news, it just does, all of a sudden and usually when you least expect it.....I have said it before and I will say it again. It will come! Funderments are all there, just a bit of time is all that is needed.

Many wars have been fought over oil. The reason being oil provides power to the world and that power over power, well its very powerful.
Goverments around the world will not want to be in the same position with green energy I.e. stay in another countries pocket to get your energy. The oil rich countries know they need to get into green or their power and wealth will start to fade away. Western countries will welcome their investments but will not allow them to dominate the market.
Over the next few years you will see this all getting very political. We will have a financial war to own new green tech and AFC will be in the middle of it all. Countries and the worlds richest firms trying to out bid each other, it could get very interesting indeed!
I just hope we don't get brought out too soon or accept the first offer. Hold out a few years and the price could be astronomical!

Another great step forward....I wonder how many GP surgery's there are in this country alown?.. the world? Its a big old market.
This is the future and its great to be a part of it!

Thanks for the feedback all. Guess it confirms its something that needs clearing up. If we use 100 million test (could/ should be more) then the difference from £1 to £3 profit per test is £200 million! That's a massive difference, and the thing that will either move us into the £4/5 SP range or send the SP down. We need it confirmed from AVCT, they must have a good idea but can understand them not wanting to share until contracts are signed.

This for me is the last big unknown that I really hope AS confirms soon.
If we are talking e.g. 100 million test made and sold then just 10p extra / less profit either way, will equal £10,000,000 more or less in AVCT bank account.
We will sell whatever we make but without this information no one can actually value what these tests are really worth?
I know people have suggested £5 profit per test before but I'm guessing this is just plucked from the sky. Just wondering if anyone has an idea (with logic or experience behind it) what profit per test will likely be ours?

Muggings, can I respectively try and educate you on how the real world of business works.
The stock market has rules that if a company holds information that may effect the SP they need to release the information (RNS) so the market knows about it.
So, DVRG gets its clinical validation data back that shows their test looks to pick up perfect S&S (100%) figures...would you not class this as information that could (granted all be disapointly) effect the SP? Hence yesterday RNS.
If you want to get goverment orders and sign up partners etc. Do you think you might need to show your test works before or after talking with them about these possibilities?...if you're struggling its not before,,,still problems, ok I can tell you its after.
New products don't get tested on mass before the company thats making it has confirmed to themselves that it works as they intend, nor do companies sign agreements to purchase/ make something they don't know works yet.
This is how the process works in the real world. We are now in a position to get said contracts / partners which is something I have no dout we will do.....but! You don't just think it, it takes a bit of TIME and work..

You got to laugh when someone tries to pick fult in an announcement that says the test they have developed is 100% accurate. There is no fult in 100% correct!
Oh but there is always the "why has my fantasy CEO technique not worked" for them...you know where you just think of something and it just happens, if that don't work then it must be because the CEO and company are rubbish! Clearly never worked in big business have you. Things like this usually take years. They have got a working (perfectly!) Product ready for market in under one year. Of course duuuuuur, they now need to finalise all testing and do a lot more work to produce these in the millions...the fact is they will, the market is colossal and todays news puts DVRG in a whole new ballpark!

Just to recap its current data suggests its 100% specific and 100% sensitive. Its also 1000% faster (90 seconds vs 15 minutes) of the current fastest tests. Its also 99% more pleasant and easier to use, picks up other health problems and comes as a complete package with day test pass app.
You think we might get some orders and interest ?partners wanting in? Huuuum,

Gary, nothing missed. This bit covers the results.

"In these studies, they have detected and identified the virus S-Protein in quantities at 40 femtogram[i] per millilitre ("Fg/mL") at close to 100% sensitivity and specificity on DeepVerge's Microtox® BT[ii] nano-optofluidic chip.

Yep let the day traders go. The big boy investors and fund managers will be moving in and staying in!
Look at our MC! and we have just said we have probably the best test you can possibly have and, it can also take massive strain off you heath care system by checking for a load of other stuff as well.
This gets them a seat and very interested ears at just about every goverments table in the world!!
When we are a billion pound + company I'm sure many will look back at this day....some of which will be in tears! :)

Some not vert patient people around. This is incredible news!! We will have the best, AND fastest, AND cheapest test on the market....Big orders will follow, complete game changer! Really nothing to complain about!
Amazing GB and team, really really amazing! Well done all.

Maybe people don't. It just could be big or even very big news and that's enough for me and most others to get a bit excited. If its just a general update then thats ha-ho with me also, news is always welcome and we will have some new stuff tomorrow for sure.

Yep expectations is Deepverg will release an RNS tomorrow with their waste water covid phase 3 results and maybe also their breath test data. If so we will get an RNS here as well as AVCT are involved in both....could be very big news!

Where will we end the day I wonder? Still an hour of trading to go. When does a FOMO rise turn into "its a good new leak" suspicions one??

Don't you just love vertical lines! :)

Flying! :)
I guess would be the MM's have a heads up that an RNS will come tomorrow. Seen this many times before so will be surprised if we don't get one now.